Cadence Design Systems is an electronic design automation and intelligent system design provider delivering hardware, software, and IP for electronic design. It offers products and technologies in the areas including custom IC and simulation, digital IC design and signoff, functional verification, IP, as well as system interconnect and analysis. The company serves 5G communications, aerospace and defense, automotive, AI and machine learning industries.
Type | Public | |
Founded | 1988 | |
HQ | San Jose, CA, US | Map |
Website | cadence.com | |
Employee Ratings | More | |
Overall Culture | C | More |
USD | |
---|---|
Revenue (FY, 2019) | 2.3b |
Revenue growth (FY, 2018 - FY, 2019), % | 9.3% |
Gross profit (FY, 2019) | 2.1b |
Gross profit margin (FY, 2019), % | 88.6% |
Net income (FY, 2019) | 989.0m |
EBIT (FY, 2019) | 491.8m |
Market capitalization (15-Jan-2021) | 37.6b |
Closing stock price (15-Jan-2021) | 134.6 |
Cash (28-Dec-2019) | 705.2m |
EV | 37.2b |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 476.9m | 479.0m | 485.4m | 517.3m | 518.4m | 532.5m | 576.7m | 580.4m | 579.6m |
Cost of goods sold | 61.8m | 60.8m | 54.5m | 63.2m | 59.0m | 60.5m | 70.6m | 61.5m | 61.0m |
Gross profit | 415.1m | 418.2m | 430.9m | 454.1m | 459.4m | 472.0m | 506.2m | 519.0m | 518.6m |
Gross profit Margin, % | 87% | 87% | 89% | 88% | 89% | 89% | 88% | 89% | 89% |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|
Cash | 544.1m | 656.0m | 678.3m | 747.0m | 819.5m | 544.6m | 538.9m | 633.4m | 655.2m |
Accounts Receivable | 180.6m | 153.2m | 170.3m | 225.8m | 219.1m | 240.8m | 264.8m | 237.6m | 274.9m |
Prepaid Expenses | 41.1m | 39.2m | 72.4m | 61.6m | 56.0m | 67.0m | 76.8m | 58.9m | 53.1m |
Inventories | 30.7m | 31.9m | 36.0m | 30.1m | 28.6m | 30.5m | 37.5m | 49.3m | 66.7m |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 68.3m | 137.4m | 218.5m | 72.9m | 148.0m | 247.4m | 120.6m | 227.8m | 329.3m |
Depreciation and Amortization | 28.9m | 58.3m | 86.6m | 29.4m | 59.3m | 89.0m | 29.7m | 61.2m | 91.4m |
Inventories | 6.0m | 2.5m | 2.3m | 2.1m | 1.9m | (1.5m) | (10.6m) | (25.7m) | (43.8m) |
Accounts Payable | (46.2m) | (22.0m) | (41.1m) | (47.0m) | (11.8m) | (41.7m) | (44.0m) | (34.7m) | (4.0m) |
USD | FY, 2016 |
---|---|
Revenue/Employee | 263.2k |
Debt/Equity | 0.9 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.8 x |
Company Name | Date | Deal Size |
---|---|---|
Integrand Software | February 06, 2020 | |
AWR Corporation | January 15, 2020 | $160 m |
nusemi | November 01, 2017 | |
Rocketick | April 28, 2016 | $40 m |
Solomon Design Automation (SDA) | October 21, 2014 | |
Jasper Design Automation | June 16, 2014 | $170 m |
Forte Design Systems | February 18, 2014 | |
TranSwitch | February 12, 2014 | |
Evatronix - IP Business | June 13, 2013 | |
Cosmic Circuits | May 23, 2013 |
Cadence revenue breakdown by business segment: 5.6% from Services and 94.4% from Product and Maintenance
Cadence revenue breakdown by geographic segment: 7.6% from Japan, 18.5% from Europe, Middle East and Africa, 30.0% from Asia and 43.9% from Americas
Cadence has 14.12k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.2% quarter over quarter
10.6k
Tweets
528
Following
14.1k
Followers
31
Tweets last 30 days
4.9
Avg. likes per Tweet
93.5%
Tweets with engagement
C
65/100
A+
80/100
B
70/100
B-
70/100
When was Cadence founded?
Cadence was founded in 1988.
Who are Cadence key executives?
Cadence's key executives are Lip-Bu Tan, Anirudh Devgan and Tom Beckley.
How many employees does Cadence have?
Cadence has 8,100 employees.
What is Cadence revenue?
Latest Cadence annual revenue is $2.3 b.
What is Cadence revenue per employee?
Latest Cadence revenue per employee is $288.4 k.
Who are Cadence competitors?
Competitors of Cadence include Keysight Technologies, Zuken and Ansys.
Where is Cadence headquarters?
Cadence headquarters is located at Building 8, 2655 Seely Ave, San Jose.
Where are Cadence offices?
Cadence has offices in San Jose, Austin, Bellevue, Burlington and in 43 other locations.
How many offices does Cadence have?
Cadence has 48 offices.
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