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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.

TypePublic
Founded1988
HQSan Jose, USMap
Websitecadence.com
Employee Ratings4.1More
View Jobs (471)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)7,500(+5%)
Job Openings471
Revenue (FY, 2018)$2.1 B(+11%)
Share Price (Dec 2019)$67.5 (-3%)

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, Austin, Bellevue, Cary and in 56 other locations
San Jose, US (HQ)
Building 8, 2655 Seely Ave
Austin, US
12301 Research Blvd Building V - Suite 200
Bellevue, US
11900 Northeast 1st Street, Suite 300, Buildling G
Cary, US
200 Regency Forest Dr #260
Chelmsford, US
270 Billerica Rd
Columbia, US
6210 Old Dobbin Ln #100
Show all (68)

Cadence Design Systems Financials and Metrics

Cadence Design Systems Revenue

Cadence Design Systems's revenue was reported to be $2.14 b in FY, 2018
USD

Revenue (Q3, 2019)

579.6m

Net income (Q3, 2019)

101.5m

Market capitalization (2-Dec-2019)

18.9b

Closing stock price (2-Dec-2019)

67.5

Cash (28-Sept-2019)

655.2m

EV

18.6b
Cadence Design Systems's current market capitalization is $18.9 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.1b1.3b1.5b1.6b1.7b1.8b1.9b2.1b

Revenue growth, %

8%8%7%7%

Cost of goods sold

69.7m73.4m237.4m

Gross profit

1.1b1.3b1.7b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

266.1m283.3m292.5m315.8m326.5m338.5m354.3m362.5m517.3m518.4m532.5m576.7m580.4m579.6m

Cost of goods sold

14.2m20.1m18.2m15.4m21.6m23.3m63.2m59.0m63.8m

Gross profit

251.9m263.2m274.3m300.4m304.9m315.2m454.1m459.4m468.7m

Gross profit Margin, %

95%93%94%95%93%93%88%89%88%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

601.6m726.4m536.3m932.2m616.7m465.2m688.1m533.3m

Accounts Receivable

136.8m97.8m48.0k190.4m297.1m

Prepaid Expenses

64.2m127.0m63.8m92.6m

Inventories

43.2m36.2m50.2m56.4m56.8m39.5m33.2m28.2m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

612.2m665.3m696.1m659.7m661.7m649.1m810.2m577.2m620.4m532.8m557.4m500.5m616.1m887.7m647.9m524.3m810.4m669.6m544.1m656.0m678.3m747.0m819.5m544.6m538.9m633.4m655.2m

Accounts Receivable

172.5m150.2m152.4m80.0m123.2m123.2m75.3m92.6m225.8m219.1m240.8m264.8m237.6m274.9m

Prepaid Expenses

80.0m59.9m69.2m62.0m60.8m122.6m120.6m61.6m56.0m67.0m76.8m58.9m53.1m

Inventories

43.1m44.4m47.1m41.7m41.1m34.6m37.0m38.7m45.9m55.6m58.3m61.1m57.7m54.5m62.2m64.5m56.6m61.9m30.7m31.9m36.0m30.1m28.6m30.5m37.5m49.3m66.7m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

72.2m439.9m164.2m158.9m252.4m203.1m204.1m345.8m

Depreciation and Amortization

91.6m89.2m98.3m115.6m118.2m119.6m115.5m118.7m

Inventories

(6.8m)5.2m(15.0m)(12.0m)(1.1m)4.9m5.0m752.0k

Accounts Payable

(46.9m)17.5m(26.0m)1.6m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2018Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

6.3m33.2m61.3m31.1m67.5m126.1m78.6m88.0m38.5m33.1m23.3m37.5m77.6m36.3m58.2m64.7m50.6m49.3m68.3m137.4m218.5m72.9m148.0m247.4m120.6m227.8m329.3m

Depreciation and Amortization

22.9m46.3m68.9m21.9m43.7m67.2m21.7m47.0m58.3m86.6m29.4m59.3m89.0m29.7m61.2m91.4m

Inventories

(4.0m)(7.0m)(9.8m)(154.0k)499.0k6.9m(979.0k)(2.7m)58.3m61.1m57.7m54.5m62.2m64.5m56.6m61.9m30.7m2.5m2.3m2.1m1.9m(1.5m)(10.6m)(25.7m)(43.8m)

Accounts Payable

(20.7m)(48.6m)(71.8m)(19.6m)(4.7m)(1.7m)(11.0m)10.0m(22.0m)(41.1m)(47.0m)(11.8m)(41.7m)(44.0m)(34.7m)(4.0m)
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USDY, 2019

EV/CFO

32.7 x

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.8 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: 44.5% from Americas , 27.1% from Asia, 19.9% from Europe, Middle East and Africa and 8.6% from Japan

Cadence Design Systems Online and Social Media Presence

Cadence Design Systems's Trends

Embed Graph

Cadence Design Systems News and Updates

April 22, 2019

Cadence Design Systems shares rally on better-than-expected earnings

Shares of ​Cadence Design Systems Inc. rose in Monday's extended session after the chip-design software company posted quarterly results that exceeded expectations. Cadence Design reported its first-quarter earnings rose to $120.6 million, or 43 cents a share, from $72.9 million, or 26 cents a shar…
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

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Cadence Design Systems Blogs

September 17, 2019

Celsius Thermal Solver

Industry's first complete electrical-thermal co-simulation solution for system analysis
June 14, 2019

Spectre X Simulator

A new massively parallel circuit simulator designed to provide up to 10X performance gains, while maintaining the golden accuracy customers have come to expect from 25 years of Spectre industry leadership
June 14, 2019

Protium X1 Enterprise Prototyping Platform

The first data center-optimized FPGA-based prototyping system providing multi-MHz speed for early software development, hardware/software regressions and full system validation
May 21, 2019

Tensilica Vision Q7 DSP

Doubles vision and AI performance for automotive, AR/VR, mobile and surveillance markets
May 07, 2019

JasperGold Formal Verification Platform

Third-generation formal verification platform featuring machine learning technology and core formal technology enhancements
April 24, 2019

Clarity 3D Solver

Delivers gold-standard accuracy with up to 10X faster simulation performance and unbounded capacity compared to legacy field solver technology
Show more

 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 7,500 employees.

  • What is Cadence Design Systems revenue?

    Latest Cadence Design Systems annual revenue is $2.1 b.

  • What is Cadence Design Systems revenue per employee?

    Latest Cadence Design Systems revenue per employee is $285.1 k.

  • Who are Cadence Design Systems competitors?

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

  • Where is Cadence Design Systems headquarters?

    Cadence Design Systems headquarters is located at Building 8, 2655 Seely Ave, San Jose.

  • Where are Cadence Design Systems offices?

    Cadence Design Systems has offices in San Jose, Austin, Bellevue, Cary and in 56 other locations.

  • How many offices does Cadence Design Systems have?

    Cadence Design Systems has 68 offices.