CADENCE DESIGN SYSTEMS INC Net Income 2009-2025 | CDNS
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is CADENCE DESIGN SYSTEMS INC's current net income?
CADENCE DESIGN SYSTEMS INC (CDNS) annual net income for 2024 was $1.06B, a 1.38% increase from 2023. CADENCE DESIGN SYSTEMS INC net income for the quarter ending September 30, 2025 was $287.1M.
What was CADENCE DESIGN SYSTEMS INC's net income in 2023?
CADENCE DESIGN SYSTEMS INC annual net income for 2023 was $1.04B, a 22.64% increase from 2022.
What was CADENCE DESIGN SYSTEMS INC's net income in 2022?
CADENCE DESIGN SYSTEMS INC annual net income for 2022 was $849.0M, a 43.73% increase from 2021.
What is CADENCE DESIGN SYSTEMS INC's 5-year net income CAGR?
CADENCE DESIGN SYSTEMS INC net income grew at a compound annual growth rate (CAGR) of 1.31% from FY2019 to FY2024, going from $989.0M to $1.06B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $1.06B | +1.4% | 10-K |
| FY2023 | $1.04B | +22.6% | 10-K |
| FY2022 | $849.0M | +43.7% | 10-K |
| FY2021 | $590.6M | -40.3% | 10-K |
| FY2019 | $989.0M | +186.0% | 10-K |
| FY2018 | $345.8M | +69.4% | 10-K |
| FY2017 | $204.1M | +0.5% | 10-K |
| FY2016 | $203.1M | +27.8% | 10-K |
| FY2015 | $158.9M | -3.3% | 10-K |
| FY2013 | $164.2M | -62.7% | 10-K |
| FY2012 | $439.9M | +509.1% | 10-K |
| FY2011 | $72.2M | +148.2% | 10-K |
| FY2010 | $-149.9M | +91.9% | 10-K |
| FY2009 | $-1.86B | - | 10-K |