Cadence Design Systems, Inc.

NasdaqGS CDNS

Cadence Design Systems, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 89.91%

Cadence Design Systems, Inc. Gross Profit Margin is 89.91% for the Trailing 12 Months (TTM) ending September 30, 2024, a 0.83% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Cadence Design Systems, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 89.18%, a -0.78% change year over year.
  • Cadence Design Systems, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending October 01, 2022 was 89.87%, a 0.36% change year over year.
  • Cadence Design Systems, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending October 02, 2021 was 89.55%, a 1.88% change year over year.
  • Cadence Design Systems, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 26, 2020 was 87.90%, a -0.49% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqGS: CDNS

Cadence Design Systems, Inc.

CEO Dr. Anirudh Devgan Ph.D.
IPO Date June 10, 1987
Location United States
Headquarters Building 5
Employees 12,703
Sector Technology
Industries
Description

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. 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 logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

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StockViz Staff

January 15, 2025

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