Cadence Design Systems (CDNS) Revenue & Revenue Breakdown
Cadence Design Systems Revenue Highlights
Latest Revenue (Y)
$4.09B
Latest Revenue (Q)
$1.06B
Main Segment (Y)
Product and maintenance
Main Geography (Y)
Americas
Cadence Design Systems Revenue by Period
Cadence Design Systems Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.09B | 14.83% |
| 2022-12-31 | $3.56B | 19.19% |
| 2022-01-01 | $2.99B | 11.38% |
| 2021-01-02 | $2.68B | 14.83% |
| 2019-12-28 | $2.34B | 9.27% |
| 2018-12-29 | $2.14B | 10.04% |
| 2017-12-30 | $1.94B | 6.99% |
| 2016-12-31 | $1.82B | 6.70% |
| 2016-01-02 | $1.70B | 7.66% |
| 2015-01-03 | $1.58B | 8.27% |
| 2013-12-28 | $1.46B | 10.08% |
| 2012-12-29 | $1.33B | 15.36% |
| 2011-12-31 | $1.15B | 22.85% |
| 2011-01-01 | $935.95M | 9.77% |
| 2010-01-02 | $852.63M | -17.91% |
| 2009-01-03 | $1.04B | -35.69% |
| 2007-12-29 | $1.62B | 8.84% |
| 2006-12-30 | $1.48B | 11.64% |
| 2005-12-31 | $1.33B | 11.00% |
| 2005-01-01 | $1.20B | 6.97% |
| 2004-01-03 | $1.12B | -13.42% |
| 2002-12-28 | $1.29B | -9.60% |
| 2001-12-29 | $1.43B | 11.79% |
| 2000-12-30 | $1.28B | 17.04% |
| 2000-01-01 | $1.09B | -10.10% |
| 1999-01-02 | $1.22B | 32.77% |
| 1998-01-03 | $915.89M | 23.53% |
| 1996-12-28 | $741.46M | 35.20% |
| 1995-12-30 | $548.42M | 27.81% |
| 1994-12-31 | $429.07M | 16.41% |
| 1993-12-31 | $368.60M | - |
Cadence Design Systems generated $4.09B in revenue during NA 2023, up 14.83% compared to the previous quarter, and up 191.30% compared to the same period a year ago.
Cadence Design Systems Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.06B | 5.11% |
| 2024-03-31 | $1.01B | -5.57% |
| 2023-12-31 | $1.07B | 4.45% |
| 2023-09-30 | $1.02B | 4.76% |
| 2023-06-30 | $976.58M | -4.42% |
| 2023-03-31 | $1.02B | 13.54% |
| 2022-12-31 | $899.88M | -0.30% |
| 2022-10-01 | $902.55M | 5.25% |
| 2022-07-02 | $857.52M | -4.91% |
| 2022-04-02 | $901.77M | 16.65% |
| 2022-01-01 | $773.04M | 2.95% |
| 2021-10-02 | $750.89M | 3.10% |
| 2021-07-03 | $728.28M | -1.05% |
| 2021-04-03 | $736.03M | -3.14% |
| 2021-01-02 | $759.91M | 14.00% |
| 2020-09-26 | $666.61M | 4.42% |
| 2020-06-27 | $638.42M | 3.31% |
| 2020-03-28 | $617.96M | 3.07% |
| 2019-12-28 | $599.55M | 3.44% |
| 2019-09-28 | $579.60M | -0.14% |
| 2019-06-29 | $580.42M | 0.64% |
| 2019-03-30 | $576.74M | 1.21% |
| 2018-12-29 | $569.85M | 7.02% |
| 2018-09-29 | $532.47M | 2.72% |
| 2018-06-30 | $518.39M | 0.21% |
| 2018-03-31 | $517.31M | 3.11% |
| 2017-12-30 | $501.72M | 3.36% |
| 2017-09-30 | $485.40M | 1.34% |
| 2017-07-01 | $479.00M | 0.44% |
| 2017-04-01 | $476.91M | 1.69% |
| 2016-12-31 | $468.98M | 5.10% |
| 2016-10-01 | $446.22M | -1.50% |
| 2016-07-02 | $453.02M | 1.15% |
| 2016-04-02 | $447.86M | 1.54% |
| 2016-01-02 | $441.08M | 1.69% |
| 2015-10-03 | $433.76M | 4.30% |
| 2015-07-04 | $415.88M | 1.10% |
| 2015-04-04 | $411.37M | -2.77% |
| 2015-01-03 | $423.10M | 5.64% |
| 2014-09-27 | $400.50M | 5.73% |
| 2014-06-28 | $378.79M | 0.06% |
| 2014-03-29 | $378.55M | 0.49% |
| 2013-12-28 | $376.72M | 2.75% |
| 2013-09-28 | $366.65M | 1.15% |
| 2013-06-29 | $362.48M | 2.32% |
| 2013-03-30 | $354.27M | 2.51% |
| 2012-12-29 | $345.58M | 2.08% |
| 2012-09-29 | $338.53M | 3.69% |
| 2012-06-30 | $326.48M | 3.37% |
| 2012-03-31 | $315.83M | 2.54% |
| 2011-12-31 | $308.01M | 5.32% |
| 2011-10-01 | $292.46M | 3.24% |
| 2011-07-02 | $283.27M | 6.45% |
| 2011-04-02 | $266.10M | 6.86% |
| 2011-01-01 | $249.02M | 4.66% |
| 2010-10-02 | $237.93M | 4.79% |
| 2010-07-03 | $227.06M | 2.31% |
| 2010-04-03 | $221.94M | 0.75% |
| 2010-01-02 | $220.28M | 1.92% |
| 2009-10-03 | $216.12M | 2.95% |
| 2009-07-04 | $209.93M | 1.76% |
| 2009-04-04 | $206.30M | -9.25% |
| 2009-01-03 | $227.34M | -2.22% |
| 2008-09-27 | $232.49M | -29.44% |
| 2008-06-28 | $329.48M | 14.73% |
| 2008-03-29 | $287.19M | -37.29% |
| 2007-12-29 | $457.94M | - |
Cadence Design Systems generated $1.06B in revenue during Q2 2024, up 5.11% compared to the previous quarter, and up 103.82% compared to the same period a year ago.
Cadence Design Systems Revenue Breakdown
Cadence Design Systems Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Jan 22 | Jan 21 | Dec 19 |
|---|---|---|---|---|
| Product and maintenance | $3.34B | $2.81B | $2.54B | $2.20B |
| Technology Service | $221.52M | $175.30M | $146.27M | $131.70M |
Cadence Design Systems's latest annual revenue breakdown by segment (product or service), as of Dec 22: Product and maintenance (93.78%), and Technology Service (6.22%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Technology Service | $100.22M | $95.72M | $57.25M | $53.79M | $57.95M | $54.00M | $56.77M | $55.24M | $55.52M | $53.19M | $44.73M | $40.40M | $36.97M | $36.68M | $36.28M | $37.06M | $36.26M | $34.59M | $31.50M | $32.39M |
| Product and maintenance | $960.46M | $913.38M | $965.84M | $922.79M | $963.74M | $845.88M | $845.79M | $802.28M | $846.24M | $719.85M | $706.16M | $687.88M | $699.05M | $723.23M | $630.33M | $601.36M | $581.70M | $564.96M | $548.11M | $548.03M |
Cadence Design Systems's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product and maintenance (90.55%), and Technology Service (9.45%).
Cadence Design Systems Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Jan 22 | Jan 21 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| JAPAN | $197.32M | $184.80M | $179.16M | $176.65M | $168.56M |
| Other America | $53.12M | $42.14M | $43.65M | $43.47M | $32.53M |
| Other Asia | $629.53M | $566.77M | $487.36M | $459.03M | - |
| UNITED STATES | $1.58B | $1.29B | $1.10B | $982.38M | $924.64M |
| EMEA | $582.35M | $523.39M | $469.80M | $433.31M | $406.88M |
| CHINA | $521.51M | $378.16M | $406.64M | $241.47M | - |
| Asia | $1.15B | $944.93M | $894.01M | $700.50M | $605.41M |
| Americas | $1.63B | $1.34B | $1.14B | $1.03B | - |
Cadence Design Systems's latest annual revenue breakdown by geography, as of Dec 22: Americas (25.71%), UNITED STATES (24.87%), Asia (18.14%), Other Asia (9.92%), EMEA (9.18%), CHINA (8.22%), JAPAN (3.11%), and Other America (0.84%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Oct 22 | Jul 22 | Apr 22 | Oct 21 | Jul 21 | Apr 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other America | $11.66M | $27.35M | $15.80M | $15.97M | $16.12M | $15.16M | $12.04M | $11.80M | $11.49M | $10.19M | $9.68M | $10.96M | $10.12M | $8.84M | $10.38M | $12.66M | $12.03M | $8.41M | $8.18M | $9.00M |
| CHINA | $127.81M | $117.23M | $172.02M | $174.12M | $177.56M | $148.32M | $113.17M | $139.97M | $98.33M | $99.59M | $89.44M | $114.16M | $77.23M | $83.80M | $55.90M | $58.22M | $68.38M | $58.98M | - | - |
| Asia | $325.74M | $325.76M | $369.85M | $351.01M | $361.52M | $304.57M | $265.14M | $298.64M | $234.60M | $233.98M | $223.29M | $237.35M | $198.51M | $193.40M | $174.04M | $178.34M | $177.80M | $170.32M | $174.18M | $156.89M |
| Americas | $518.83M | $462.87M | $437.35M | $401.56M | $450.46M | $407.39M | $381.02M | $425.34M | $342.95M | $323.33M | $336.00M | $280.01M | $277.12M | $267.32M | $273.96M | $253.72M | $246.51M | $251.65M | - | - |
| UNITED STATES | $507.17M | $435.52M | $421.55M | $385.60M | $434.35M | $392.22M | $368.97M | $413.54M | $331.46M | $313.14M | $326.32M | $269.06M | $267.00M | $258.49M | $263.58M | $241.06M | $234.49M | $243.25M | $244.71M | $224.46M |
| Other Asia | $197.93M | $208.53M | $197.83M | $176.89M | $183.96M | $156.25M | $151.97M | $158.67M | $136.27M | $134.39M | $133.85M | $123.19M | $121.28M | $109.60M | $118.13M | $120.12M | $109.42M | $111.35M | - | - |
| JAPAN | $63.59M | $51.42M | $57.70M | $57.20M | $55.44M | $47.61M | $53.33M | $47.15M | $43.74M | $46.48M | $46.51M | $41.33M | $46.25M | $41.51M | $41.68M | $41.40M | $42.27M | $51.30M | $47.73M | $40.67M |
| EMEA | $152.52M | $169.06M | $158.19M | $166.80M | $154.27M | $142.98M | $158.04M | $130.63M | $129.61M | $124.50M | $130.23M | $107.91M | $116.54M | $115.72M | $109.87M | $106.15M | $113.83M | $103.46M | $95.04M | $101.45M |
Cadence Design Systems's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (27.23%), UNITED STATES (26.62%), Asia (17.10%), Other Asia (10.39%), EMEA (8.01%), CHINA (6.71%), JAPAN (3.34%), and Other America (0.61%).
Cadence Design Systems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CRM | Salesforce | $34.86B | $9.32B |
| INTU | Intuit | $16.29B | $6.74B |
| NOW | ServiceNow | $8.97B | $2.63B |
| WDAY | Workday | $7.26B | $2.08B |
| ADSK | Autodesk | $5.44B | $1.50B |
| ZM | Zoom Video Communications | $4.53B | $1.16B |
| TEAM | Atlassian | $4.36B | $1.19B |
| CDNS | Cadence Design Systems | $4.09B | $1.06B |
| SNOW | Snowflake | $2.81B | $868.82M |
| U | Unity Software | $2.19B | $449.26M |
| DDOG | Datadog | $2.13B | $645.28M |
| TTD | Trade Desk | $1.95B | $584.55M |
| PAYC | Paycom Software | $1.69B | $437.51M |
CDNS Revenue FAQ
What is Cadence Design Systems’s yearly revenue?
Cadence Design Systems's yearly revenue for 2023 was $4.09B, representing an increase of 14.83% compared to 2022. The company's yearly revenue for 2022 was $3.56B, representing an increase of 19.19% compared to 2021. CDNS's yearly revenue for 2021 was $2.99B, representing an increase of 11.38% compared to 2020.
What is Cadence Design Systems’s quarterly revenue?
Cadence Design Systems's quarterly revenue for Q2 2024 was $1.06B, a 5.11% increase from the previous quarter (Q1 2024), and a 8.61% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.01B, a -5.57% decrease from the previous quarter (Q4 2023), and a -1.23% decrease year-over-year (Q1 2023). CDNS's quarterly revenue for Q4 2023 was $1.07B, a 4.45% increase from the previous quarter (Q3 2023), and a 18.75% increase year-over-year (Q4 2022).
What is Cadence Design Systems’s revenue growth rate?
Cadence Design Systems's revenue growth rate for the last 3 years (2021-2023) was 36.87%, and for the last 5 years (2019-2023) was 75.06%.
What are Cadence Design Systems’s revenue streams?
Cadence Design Systems's revenue streams in c 22 are Product and maintenance, and Technology Service. Product and maintenance generated $3.34B in revenue, accounting 93.78% of the company's total revenue, up 18.74% year-over-year. Technology Service generated $221.52M in revenue, accounting 6.22% of the company's total revenue, up 26.37% year-over-year.
What is Cadence Design Systems’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Cadence Design Systems was Product and maintenance. This segment made a revenue of $3.34B, representing 93.78% of the company's total revenue.