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.
Company Growth (employees)
Cadence Design Systems was founded in 1988 and is headquartered in San Jose, US
Cadence Design Systems Office Locations
Cadence Design Systems has offices in San Jose, Sandy, Irvine, Chelmsford and in 14 other locations
San Jose, US (HQ)
2655 Seely Ave
Cadence Design Systems Data and Metrics
Cadence Design Systems Financial Metrics
Cadence Design Systems's revenue was reported to be $1.8 b in FY, 2016
USD
Net income (Q1, 2017) | 68.3 m |
Market capitalization (17-Aug-2017) | 10.3 b |
Cash (01-Apr-2017) | 544.1 m |
Cadence Design Systems's current market capitalization is $10.3 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 1.5 b | 1.6 b | 1.7 b | 1.8 b |
Revenue growth, % | 8% | 8% | 7% | |
R&D expense | 735.3 m | |||
General and administrative expense | 125.1 m | |||
Operating expense total | 1.3 b | 1.4 b | 1.4 b | 1.6 b |
EBIT | 189 m | 206.6 m | 285.4 m | 244.9 m |
EBIT margin, % | 13% | 13% | 17% | 13% |
Interest expense | 37.6 m | 34.1 m | 28.3 m | 23.7 m |
Pre tax profit | 159 m | 181 m | 267.6 m | 237.2 m |
Income tax expense | (5.2 m) | 22.1 m | 15.2 m | 34.1 m |
Net Income | 164.2 m | 158.9 m | 252.4 m | 203.1 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 23.3 m | 37.5 m | 36.3 m | 58.2 m | 77.6 m | 50.6 m | 49.3 m | 64.7 m | 68.3 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 536.3 m | 932.2 m | 616.7 m | 465.2 m |
Accounts Receivable | 48 k | |||
Inventories | 50.2 m | 56.4 m | 56.8 m | 39.5 m |
Current Assets | 1.2 b | 1.9 b | 964.8 m | 702 m |
PP&E | 238.7 m | 230.1 m | 228.6 m | 238.6 m |
Goodwill | 456.9 m | 553.8 m | 551.8 m | 572.8 m |
Total Assets | 2.4 b | 3.2 b | 2.4 b | 2.1 b |
Accounts Payable | 239.5 m | |||
Total Debt | 643.5 m | |||
Current Liabilities | 1.1 b | 1.4 b | 536.3 m | 585.6 m |
Non-Current Liabilities | 124.3 m | 482.9 m | 438.6 m | 769.6 m |
Total Liabilities | 1.3 b | 1.9 b | 974.9 m | 1.4 b |
Retained Earnings | (485.3 m) | (326.4 m) | (74 m) | 136.9 m |
Total Equity | 1.2 b | 1.3 b | 1.4 b | 741.8 m |
Debt to Equity Ratio | 0.9 x | |||
Debt to Assets Ratio | 0.3 x | |||
Financial Leverage | 2.1 x | 2.4 x | 1.7 x | 2.8 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 557.4 m | 500.5 m | 887.7 m | 647.9 m | 616.1 m | 810.4 m | 669.6 m | 524.3 m | 544.1 m |
Inventories | 58.3 m | 61.1 m | 54.5 m | 62.2 m | 57.7 m | 56.6 m | 61.9 m | 64.5 m | 30.7 m |
Current Assets | 1.4 b | 1.4 b | 1.7 b | 1.1 b | 1 b | 1.2 b | 962.2 m | 792.3 m | 800 m |
Goodwill | 560 m | 557.3 m | 553.9 m | 553.8 m | 552.4 m | 551.9 m | 573.7 m | 573.9 m | 574.5 m |
Total Assets | 2.8 b | 2.7 b | 3.1 b | 2.4 b | 2.3 b | 2.5 b | 2.4 b | 2.2 b | 2.2 b |
Accounts Payable | 217 m | 205.6 m | 178.5 m | 202.8 m | 194.4 m | 195.2 m | 224.7 m | 192.9 m | 194 m |
Current Liabilities | 1.4 b | 1.3 b | 1.2 b | 527.4 m | 509.6 m | 567.9 m | 564.5 m | 531.3 m | 575.8 m |
Non-Current Liabilities | 117.3 m | 125.2 m | 472.9 m | 456.1 m | 436.9 m | 737.1 m | 738 m | 736 m | 774.8 m |
Retained Earnings | (429 m) | (391.4 m) | (290.1 m) | (232 m) | (154.4 m) | (15.6 m) | 33.7 m | 98.4 m | 205.2 m |
Total Equity | 1.4 b | 1.4 b | 1.2 b | 1.1 b | 926.8 m | 840.6 m | |||
Financial Leverage | 1.7 x | 1.7 x | 2.1 x | 2.2 x | 2.4 x | 2.6 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 164.2 m | 158.9 m | 252.4 m | 203.1 m |
Depreciation and Amortization | 98.3 m | 115.6 m | 118.2 m | 119.6 m |
Inventories | (15 m) | (12 m) | (1.1 m) | 4.9 m |
Cash From Operating Activities | 367.6 m | 316.7 m | 378.2 m | 444.9 m |
Purchases of PP&E | (44.9 m) | (39.8 m) | (44.8 m) | (53.7 m) |
Cash From Investing Activities | (426.9 m) | (198 m) | (44.5 m) | 1.4 m |
Cash From Financing Activities | (116.3 m) | 289 m | (626.3 m) | (592.7 m) |
Interest Paid | 12.4 m | 10 m | 19.9 m | 21 m |
Income Taxes Paid | 36.8 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 23.3 m | 37.5 m | 36.3 m | 58.2 m | 77.6 m | 50.6 m | 49.3 m | 64.7 m | 68.3 m |
Inventories | 58.3 m | 61.1 m | 54.5 m | 62.2 m | 57.7 m | 56.6 m | 61.9 m | 64.5 m | 30.7 m |
| Y, 2017 | |
|---|---|
Financial Leverage | 2.6 x |
Cadence Design Systems Operating Metrics
Cadence Design Systems Market Value History
Cadence Design Systems Revenue Breakdown
Market Position of Cadence Design Systems
Traffic Overview of Cadence Design Systems
Cadence Design Systems Online and Social Media Presence
Cadence Design Systems News and Updates
May 08, 2017
SiFive raises $8.5 million for licensable custom microprocessors
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April 20, 2017
Roger Siboni Named to MapR Board of Directors
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April 12, 2017
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March 28, 2017
Intel will depend on rivals like ARM for its contract chip manufacturing business
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November 28, 2016
A prominent Silicon Valley investment banker is suing Theranos, and seeking class-action status
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November 14, 2016
Siemens Has Agreed to Buy This Chip Design Software Company for $4.5 Billion
As part of its "Vision 2020" strategy, it has identified software as a growth area for the company.