CDNS
Cadence Design Systems, Inc. (CDNS)
Last Price$241.7(3.5%)
Market Cap$67.7B
Last Earnings date
Sep'24
Q3 2024
$1.25
31.3% miss
$1,356.0M
0.7% beat
Next quarter EPS Estimate
$1.82
31.9%YoY

CDNS Earnings and Expectations

Revenue

Crunching data... Almost there!

CDNS EPS (Earnings Per Share)

Crunching data... Almost there!

CDNS Historical Revenue & EPS and Expectations

1Y
3Y
5Y
10Y
Revenue
EPS
$0.0$200.0M$400.0M$600.0M$800.0M$1,000.0M$1,200.0M$1,400.0MApr'20Jul'20Oct'20Jan'21Apr'21Jul'21Oct'21Jan'22Apr'22Jul'22Oct'22Jan'23Apr'23Jul'23Oct'23Jan'24Apr'24Jul'24Oct'24$618.0M$666.6M$736.0M$750.9M$901.8M$902.6M$1,021.7M$1,023.1M$1,009.1M$1,215.5M
Value Sense
Actual Revenue
Forecast Revenue

CDNS Earnings History

Apr'15Jul'15Oct'15Jan'16Apr'16Jul'16Oct'16Dec'16Apr'17Jul'17Sep'17Dec'17Mar'18Jun'18Sep'18Dec'18Mar'19Jun'19Sep'19Dec'19Mar'20Jun'20Sep'20Jan'21Apr'21Jul'21Oct'21Jan'22Apr'22Jul'22Oct'22Dec'22Mar'23Jun'23Sep'23Dec'23Mar'24Jun'24Sep'24Dec'24
Revenue actual$411.4M$415.9M$433.8M$441.1M$447.9M$453.0M$446.2M$469.0M$476.9M$479.0M$485.4M$501.7M$517.3M$518.4M$532.5M$569.9M$576.7M$580.4M$579.6M$599.6M$618.0M$638.4M$666.6M$759.9M$736.0M$728.3M$750.9M$773.0M$901.8M$857.5M$902.6M$899.9M$1,021.7M$976.6M$1,023.1M$1,068.6M$1,009.1M$1,060.7M$1,215.5M$1,356.0M
Revenue estimate$359.7M$359.7M$359.7M$412.6M$412.6M$412.6M$412.6M$455.2M$455.2M$455.2M$471.5M$471.5M$478.5M$478.5M$478.5M$478.5M$569.3M$569.3M$579.4M$576.1M$595.8M$614.5M$591.1M$732.3M$717.8M$720.2M$740.6M$757.2M$857.3M$834.9M$871.2M$884.8M$1,011.1M$976.0M$1,001.5M$1,061.2M$1,002.3M$1,042.6M$1,181.2M$1,345.9M
Revenue surprise14.4%15.6%20.6%6.9%8.5%9.8%8.1%3.0%4.8%5.2%2.9%6.4%8.1%8.3%11.3%19.1%1.3%1.9%0.0%4.1%3.7%3.9%12.8%3.8%2.5%1.1%1.4%2.1%5.2%2.7%3.6%1.7%1.0%0.1%2.2%0.7%0.7%1.7%2.9%0.7%
EPS actual$0.13$0.20$0.27$0.27$0.17$0.17$0.23$0.14$0.25$0.25$0.30($0.05)$0.27$0.27$0.36$0.36$0.44$0.39$0.37$2.41$0.45$0.48$0.59$0.63$0.68$0.57$0.65$0.65$0.86$0.69$0.69$0.89$0.90$0.82$0.94$1.20$0.92$0.85$0.87$1.25
EPS estimate$0.18$0.18$0.18$0.27$0.27$0.27$0.27$0.32$0.32$0.32$0.33$0.33$0.34$0.34$0.34$0.34$0.49$0.49$0.53$0.51$0.53$0.54$0.52$0.74$0.75$0.76$0.75$0.78$1.02$0.96$0.96$0.92$1.26$1.18$1.20$1.34$1.13$1.23$1.46$1.82
EPS surprise27.8%11.1%50.0%0.0%37.0%37.0%14.8%56.3%21.9%21.9%9.1%116.0%20.6%20.6%5.9%5.9%10.4%20.6%30.5%373.5%15.5%11.3%12.8%15.3%9.2%24.9%13.1%16.8%15.4%28.5%28.5%3.2%28.4%30.7%21.9%10.1%18.3%30.7%40.5%31.3%

Overview of financial statements

Income statement
Balance sheet
Cash Flow statement
$1,356.0M 26.9% YoY
$1,293.2M 34.8% YoY
95.4% margin
Cost of revenue
$62.7M (42.5%) YoY
Operating income
$456.9M 35.3% YoY
33.7% margin
Other: $50.1M
Net interest: $29.9M
Operating expenses
$836.4M 34.5% YoY
Pre-tax income
$436.7M 20.6% YoY
32.2% margin
Net income
$340.2M 5.0% YoY
25.1% margin
Income tax
$96.4M
22.1% tax rate
R&D
$392.0M 6.7% YoY
28.9% of revenue
SG&A
$279.0M 9.7% YoY
20.6% of revenue

Competing with CDNS Earnings

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Revenue
EPS
Last quarter Revenue growth
Last quarter EPS growth
Last quarter Revenue surpriseLast quarter EPS surprise
Next quarter Revenue growth
Next quarter EPS growth
Last 10 Earnings (how many miss vs beat)
1Y Fwd Revenue growth
1Y Fwd EPS growth
$67.7B
$4,641.3M
$3.89
26.9%
4.2%
Beat by 0.7%
Miss by 31.3%
(7.5%)
26.0%
Beats: 9
Misses: 1
13.0%
75.7%
$331.6B
€34.2B
€4.05
10.7%
169.6%
Miss by 1.7%
Beat by 103.3%
(0.1%)
(49.4%)
Beats: 3
Misses: 7
14.3%
40.7%
$286.3B
$37.9B
$6.44
7.6%
19.5%
undefinedN/A
undefinedN/A
(0.7%)
47.2%
Beats: 8
Misses: 2
8.9%
136.2%
$189.8B
$11.0B
$6.92
21.3%
29.2%
Miss by 0.3%
Miss by 49.1%
5.6%
110.7%
Beats: 9
Misses: 1
20.7%
140.0%
$172.0B
$17.2B
$10.84
17.0%
33.3%
Beat by 26.2%
Miss by 28.8%
89.7%
585.4%
Beats: 9
Misses: 1
12.3%
82.3%
$160.9B
$44.0B
$4.69
20.4%
373.9%
Beat by 1.6%
Beat by 561.8%
(1.6%)
(86.0%)
Beats: 6
Misses: 4
14.9%
(49.5%)
$143.3B
$8,879.6M
$1.56
31.2%
88.7%
Beat by 5.0%
Beat by 136.1%
(19.0%)
(72.7%)
Beats: 9
Misses: 1
20.0%
(3.5%)
$117.3B
$4,709.2M
$4.68
44.0%
247.1%
Beat by 8.9%
Beat by 42.2%
(4.4%)
(27.3%)
Beats: 7
Misses: 3
40.0%
301.8%
$69.4B
$8,438.0M
$1.98
15.8%
(92.3%)
Beat by 3.4%
Miss by 80.4%
1.1%
455.1%
Beats:
Misses:
15.9%
35.7%
$58.3B
$463.5M
($5.63)
(3.0%)
N/A
Miss by 1.9%
Beat by 2,467.8%
(4.0%)
(96.5%)
Beats: 3
Misses: 7
3.2%
(87.0%)

FAQ

1. When was Cadence Design Systems, Inc.'s last earnings date?

Cadence Design Systems, Inc.'s last earnings date was Sep'24 (Q3 2024).

2. What is Cadence Design Systems, Inc.'s EPS, and was there a surprise?

4. What is Cadence Design Systems, Inc.'s next quarter EPS estimate?

Cadence Design Systems, Inc.'s next quarter EPS estimate is $1.82, with an expected 31.9% YoY growth.