# CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2024 Q2 P&L / Income Statement

- Company: CADENCE DESIGN SYSTEMS, INC. (CDNS)
- Period: 2024-04-01 to 2024-06-30
- Filing: Q2 FY2024 10-Q, filed 2024-07-24, accession number 0000813672-24-000155
- Page: https://plicit.ai/financials/cdns/fy2024-q2-income-statement
- Chart image: https://plicit.ai/charts/cdns-fy2024-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-04-01 through 2024-06-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Revenue**: 1,060,681,000 US dollars
- **Cost of revenue (calculated)**: 139,270,000 US dollars
- **Gross profit (calculated)**: 921,411,000 US dollars
- **Operating expenses (calculated)**: 627,535,000 US dollars
- **Income from operations**: 293,876,000 US dollars
- **Other income (expense), net (calculated)**: 21,834,000 US dollars
- **Income before provision for income taxes**: 315,710,000 US dollars
- **Provision for income taxes**: 86,190,000 US dollars
- **Net income**: 229,520,000 US dollars
- **Product and maintenance revenue**: 960,457,000 US dollars
- **Service revenue**: 100,224,000 US dollars
- **Product and maintenance cost of revenue**: 94,363,000 US dollars
- **Service cost of revenue**: 44,907,000 US dollars
- **Marketing and sales**: 186,725,000 US dollars
- **Restructuring**: negative 33,000 US dollars
- **Research and development**: 370,740,000 US dollars
- **General and administrative**: 63,436,000 US dollars
- **Amortization of acquired intangibles**: 6,667,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/cdns/fy2024-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/cdns-fy2024-q2-revenue-by-geography-sankey.png

Income statement for 2024-04-01 through 2024-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 1,060,681,000 US dollars
- **Cost of revenue (calculated)**: 139,270,000 US dollars
- **Gross profit (calculated)**: 921,411,000 US dollars
- **Operating expenses (calculated)**: 627,535,000 US dollars
- **Income from operations**: 293,876,000 US dollars
- **Other income (expense), net (calculated)**: 21,834,000 US dollars
- **Income before provision for income taxes**: 315,710,000 US dollars
- **Provision for income taxes**: 86,190,000 US dollars
- **Net income**: 229,520,000 US dollars
- **UNITED STATES**: 507,169,000 US dollars
- **Other Americas**: 11,660,000 US dollars
- **CHINA**: 127,809,000 US dollars
- **Other Asia**: 197,928,000 US dollars
- **EMEA**: 152,521,000 US dollars
- **JAPAN**: 63,594,000 US dollars
- **Cost of sales**: 139,270,000 US dollars
- **Marketing and sales**: 186,725,000 US dollars
- **Restructuring**: negative 33,000 US dollars
- **Research and development**: 370,740,000 US dollars
- **General and administrative**: 63,436,000 US dollars
- **Amortization of acquired intangibles**: 6,667,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.