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

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

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.