Cadence Design Systems

OverviewSuggest Edit

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.

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TypePublic
Founded1988
HQSan Jose, USMap
Websitecadence.com
Employee Ratings4More
View Jobs (452)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)7,200
Job Openings452
Revenue (FY, 2017)$1.9 B(+7%)
Share Price (Feb 2019)$51.4 (-1%)

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
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Cadence Design Systems Office Locations

Cadence Design Systems has offices in San Jose, Sandy, Plano, Tigard and in 56 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
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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 (Q3, 2018)

532.5m

Gross profit (Q3, 2018)

468.7m

Gross profit margin (Q3, 2018), %

88%

Net income (Q3, 2018)

99.3m

EBIT (Q3, 2018)

103.6m

Market capitalization (13-Feb-2019)

14.5b

Closing stock price (13-Feb-2019)

51.4

Cash (29-Sep-2018)

544.6m

EV

14.3b
Cadence Design Systems's current market capitalization is $14.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

8%8%7%7%

Cost of goods sold

237.4m

Gross profit

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

Revenue

517.3m518.4m532.5m

Cost of goods sold

63.2m59.0m63.8m

Gross profit

454.1m459.4m468.7m

Gross profit Margin, %

88%89%88%
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

48.0k190.4m

Prepaid Expenses

63.8m

Inventories

50.2m56.4m56.8m39.5m33.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

620.4m532.8m557.4m500.5m616.1m887.7m647.9m524.3m810.4m669.6m544.1m656.0m678.3m747.0m819.5m544.6m

Accounts Receivable

225.8m219.1m240.8m

Prepaid Expenses

61.6m56.0m67.0m

Inventories

45.9m55.6m58.3m61.1m57.7m54.5m62.2m64.5m56.6m61.9m30.7m31.9m36.0m30.1m28.6m30.5m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

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

Inventories

(15.0m)(12.0m)(1.1m)4.9m5.0m

Accounts Payable

(26.0m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2018Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

38.5m33.1m23.3m37.5m77.6m36.3m58.2m64.7m50.6m49.3m68.3m137.4m218.5m72.9m148.0m247.4m

Depreciation and Amortization

58.3m86.6m29.4m59.3m89.0m

Inventories

58.3m61.1m57.7m54.5m62.2m64.5m56.6m61.9m30.7m2.5m2.3m2.1m1.9m(1.5m)

Accounts Payable

(22.0m)(41.1m)(47.0m)(11.8m)(41.7m)
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USDY, 2018

EV/EBIT

137.9 x

EV/CFO

30.2 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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Cadence Design Systems Operating Metrics

FY, 2015FY, 2016

Bookings

$1.90 m$2.30 m
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Cadence Design Systems Revenue Breakdown

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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

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Competitors

Synopsys
Technology - Public
Axcelis
Manufacturing & Industrial - Public
ANSYS
Technology - Public
Zuken
Manufacturing & Industrial - Public
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Cadence Design Systems Online and Social Media Presence

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Cadence Design Systems News and Updates

December 17, 2018

PCB Software Market 2018: Company Profiles, Segments, Size, Landscape, Top key players like Cadence Design Systems, Demand and Recent Trends by Forecast to 2023

PCB Software Market provides a forward looking perspective on different factors driving or restraining market growth Posted via Industry Today. Follow us on Twitter @IndustryToday
October 15, 2018

Electronic Design Automation 2018 Global Market Key Players – Cadence Design Systems, Mentor Graphics (Siemen), Synopsys, Other prominent vendors, Agnisys – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Electronic Design Automation Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
October 05, 2018

Physical Intellectual Property Global Market Top Key Players – ARM , Cadence Design Systems , CEVA , Imagination Technologies , Lattice Semiconductor , Rambus , Synopsys and Forecast to 2023

Wiseguyreports.Com Added New Market Research Report On -“Physical Intellectual Property Market 2018 Key Players, Applications and Future Demand Forecast to 2023 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday
September 26, 2018

Semiconductor Fabrication Software Market 2018 Global Analysis By Key Players – Applied Materials, Cadence Design Systems, KLA-Tencor, Mentor Graphics, Synopsys

WiseGuyReports.Com Publish a New Market Research Report On –“ Semiconductor Fabrication Software Market 2018 Global Analysis By Key Players – Applied Materials, Cadence Design Systems, KLA-Tencor, Mentor Graphics, Synopsys”. Posted via Industry Today. Follow us on Twitter @IndustryToday
July 23, 2018

Cadence Design Systems Inc. (CDNS) CEO Lip-Bu Tan on Q2 2018 Results - Earnings Call Transcript

April 09, 2018

Cadence Design Systems: Good Bet On Earnings Or Buyout

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Cadence Design Systems Blogs

January 08, 2019

Cadence Cloud Portfolio

First broad cloud portfolio for electronic systems and semiconductor development
January 07, 2019

Legato Reliability Solution

Industry's first memory design, verification, and characterization solution
January 04, 2019

Cadence 7nm 112G PAM-4 SerDes IP

First silicon-proven, long-reach 112G SerDes IP on 7nm
January 04, 2019

Tensilica DNA 100 Processor IP

First deep neural-network accelerator AI processor IP
January 04, 2019

Tensilica HiFi 5 DSP

First DSP optimized for AI speech and audio processing
July 31, 2018

What's New in Sigrity

New features speed up PCB power and signal integrity signoff

Cadence Design Systems Company Life and Culture

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 Cadence Design Systems Frequently Asked Questions

  • When was Cadence Design Systems founded?

    Cadence Design Systems was founded in 1988.

  • Who are Cadence Design Systems key executives?

    Cadence Design Systems's key executives are Lip-Bu Tan, Anirudh Devgan and Tom Beckley.

  • How many employees does Cadence Design Systems have?

    Cadence Design Systems has 7,200 employees.

  • What is Cadence Design Systems revenue?

    Latest Cadence Design Systems annual revenue is $1.9 b.

  • What is Cadence Design Systems revenue per employee?

    Latest Cadence Design Systems revenue per employee is $269.9 k.

  • Who are Cadence Design Systems competitors?

    Competitors of Cadence Design Systems include Synopsys, Axcelis and ANSYS.

  • Where is Cadence Design Systems headquarters?

    Cadence Design Systems headquarters is located at 2655 Seely Ave, San Jose.

  • Where are Cadence Design Systems offices?

    Cadence Design Systems has offices in San Jose, Sandy, Plano, Tigard and in 56 other locations.

  • How many offices does Cadence Design Systems have?

    Cadence Design Systems has 68 offices.