Cadence Design Systems, Inc is a multinational electronic design automation software and engineering services company. The Company develops software used to design chips and printed circuit boards, as well as intellectual properties covering a broad range of areas, including interfaces, memory, analog, SoC peripherals, data plane processing units, and verification. Cadence products primarily target SoC design engineers, and are used to move a design into packaged silicon, with products for custom and analog design, digital design, mixed-signal design, verification, and package/PCB design, as well as a broad selection of IP, and also hardware for emulation and FPGA prototyping. To help integrate, verify, and implement complex digital SoCs, there are solutions that encompass design IP, timing analysis and signoff, services, and tools and methodologies. The Company also provides products that assist with the development of complete hardware and software platforms that support end applications.

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Type
Public
HQ
San Jose, US
Founded
1988
Size (employees)
7,200 (est)+2%
Cadence Design Systems was founded in 1988 and is headquartered in San Jose, US
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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 Hengelo, Singapore, Petah Tikva, Feldkirchen and in 15 other locations
San Jose, US (HQ)
2655 Seely Ave
Rochester, US
225 Tech Park Dr
Mont-Royal, CA
501 3333 Boulevard Graham
Ottawa, CA
240 1130 Morrison Dr
Pudong Xinqu, CN
5号 Fang Dian Lu
Aalborg, DK
15 Vesterå
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Cadence Design Systems Financials and Metrics

Cadence Design Systems Revenue

Cadence Design Systems's revenue was reported to be $1.82 b in FY, 2016 which is a 6.7% increase from the previous period.
USD

Revenue (Q1, 2018)

517.3 m

Gross profit (Q1, 2018)

495.8 m

Gross profit margin (Q1, 2018), %

95.8%

Net income (Q1, 2018)

72.9 m

EBIT (Q1, 2018)

85.8 m

Market capitalization (11-Jul-2018)

12.6 b

Closing share price (11-Jul-2018)

44.6

Cash (31-Mar-2018)

747 m

EV

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

Revenue

1.5 b1.6 b1.7 b1.8 b

Revenue growth, %

8%8%7%

General and administrative expense

125.1 m

R&D expense

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

Revenue

517.3 m

Cost of goods sold

21.5 m

Gross profit

495.8 m

Gross profit Margin, %

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

Cash

536.3 m932.2 m616.7 m465.2 m

Accounts Receivable

48 k

Inventories

50.2 m56.4 m56.8 m39.5 m

Current Assets

1.2 b1.9 b964.8 m702 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 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 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 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 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 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

164.2 m158.9 m252.4 m203.1 m

Depreciation and Amortization

98.3 m115.6 m118.2 m119.6 m

Inventories

(15 m)(12 m)(1.1 m)4.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q1, 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 m

Depreciation and Amortization

29.4 m

Inventories

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

Accounts Payable

(47 m)
USDY, 2018

EV/EBIT

145.3 x

EV/CFO

79.1 x

Financial Leverage

2.2 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: 8.8% from Japan, 19.1% from Europe, Middle East and Africa, 24.5% from Asia and 47.6% from Americas

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Cadence Design Systems Online and Social Media Presence

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Cadence Design Systems News and Updates

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Cadence Design Systems Company Life and Culture

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