Cadence Design Systems provides electronic design automation software, emulation and prototyping hardware, and system interconnect. The Company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform, Xcelium, a parallel simulation platform, Palladium Z1, a verification computing platform, and Protium S1, a field-programmable gate array prototyping platform. Cadence Design Systems also provides digital integrated circuit (IC) design products, physical implementation tools, and sign-off products.

TypePublic
HQSan Jose, US
Founded1988
Size (employees)7,200 (est)
Websitecadence.com
Cadence Design Systems was founded in 1988 and is headquartered in San Jose, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Cadence Design Systems

Lip-Bu Tan

Lip-Bu Tan

CEO
Anirudh Devgan

Anirudh Devgan

President
Tom Beckley

Tom Beckley

Senior Vice President and General Manager, Custom Ic & Pcb Group
Jim Cowie

Jim Cowie

Senior Vice President, General Counsel and Secretary
Tina Jones

Tina Jones

Senior Vice President, Global Human Resources
Neil Kole

Neil Kole

Senior Vice President and Chief Information Officer
Show more

Cadence Design Systems Office Locations

Cadence Design Systems has offices in Irvine, Sandy, Plano, Tigard and in 55 other locations
San Jose, US (HQ)
2655 Seely Ave
Austin, US
Building V - Suite 200 12301 Research Blvd
Bellevue, US
Ridgewood Corporate Square, 320-120th Avenue NE
Cary, US
260 200 Regency Forest Dr
Chelmsford, US
270 Billerica Rd
Columbia, US
100 6210 Old Dobbin Ln
Show all (67)
Report incorrect company information

Cadence Design Systems Financials and Metrics

Cadence Design Systems Revenue

Cadence Design Systems's revenue was reported to be $1.94 b in FY, 2017 which is a 7% increase from the previous period.
USD

Revenue (Q2, 2018)

1 b

Gross profit (Q2, 2018)

995.4 m

Gross profit margin (Q2, 2018), %

96.1%

Net income (Q2, 2018)

148 m

EBIT (Q2, 2018)

178.9 m

Market capitalization (18-Sep-2018)

12.8 b

Closing stock price (18-Sep-2018)

45.2

Cash (30-Jun-2018)

819.5 m

EV

12.6 b
Cadence Design Systems's current market capitalization is $12.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.5 b1.6 b1.7 b1.8 b1.9 b

Revenue growth, %

8%8%7%7%

Cost of goods sold

237.4 m

Gross profit

1.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

517.3 m1 b

Cost of goods sold

21.5 m40.3 m

Gross profit

495.8 m995.4 m

Gross profit Margin, %

96%96%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

536.3 m932.2 m616.7 m465.2 m688.1 m

Accounts Receivable

48 k190.4 m

Inventories

50.2 m56.4 m56.8 m39.5 m33.2 m

Current Assets

1.2 b1.9 b964.8 m702 m980 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

620.4 m532.8 m557.4 m500.5 m616.1 m887.7 m647.9 m524.3 m810.4 m669.6 m544.1 m656 m678.3 m747 m819.5 m

Inventories

45.9 m55.6 m58.3 m61.1 m57.7 m54.5 m62.2 m64.5 m56.6 m61.9 m30.7 m31.9 m36 m30.1 m28.6 m

Current Assets

1.3 b1.3 b1.4 b1.4 b1 b1.7 b1.1 b792.3 m1.2 b962.2 m800 m883.5 m931.1 m1.1 b1.1 b

Goodwill

456.3 m479 m560 m557.3 m552.4 m553.9 m553.8 m573.9 m551.9 m573.7 m574.5 m575 m574.9 m665.6 m663.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

164.2 m158.9 m252.4 m203.1 m204.1 m

Depreciation and Amortization

98.3 m115.6 m118.2 m119.6 m115.5 m

Inventories

(15 m)(12 m)(1.1 m)4.9 m5 m

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

38.5 m33.1 m23.3 m37.5 m77.6 m36.3 m58.2 m64.7 m50.6 m49.3 m68.3 m72.9 m148 m

Depreciation and Amortization

29.4 m59.3 m

Inventories

58.3 m61.1 m57.7 m54.5 m62.2 m64.5 m56.6 m61.9 m30.7 m2.1 m1.9 m

Accounts Payable

(47 m)(11.8 m)
USDY, 2018

EV/EBIT

70.5 x

EV/CFO

34.8 x

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
Show all financial metrics

Cadence Design Systems Operating Metrics

FY, 2015FY, 2016

Bookings

$1.90 m$2.30 m
Show all operating metrics

Cadence Design Systems Revenue Breakdown

Embed Graph

Cadence Design Systems revenue breakdown by geographic segment: 8.6% from Japan, 19.9% from Europe, Middle East and Africa, 27.1% from Asia and 44.5% from Americas

Report incorrect company information

Cadence Design Systems Online and Social Media Presence

Embed Graph
Report incorrect company information

Cadence Design Systems News and Updates

Report incorrect company information

Cadence Design Systems Company Life and Culture

Report incorrect company information