# CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2024 Q3 P&L / Income Statement

- Company: CADENCE DESIGN SYSTEMS, INC. (CDNS)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-30, accession number 0000813672-24-000192
- Page: https://plicit.ai/financials/cdns/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/cdns-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-07-01 through 2024-09-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Revenue**: 1,215,499,000 US dollars
- **Cost of revenue (calculated)**: 163,044,000 US dollars
- **Gross profit (calculated)**: 1,052,455,000 US dollars
- **Operating expenses (calculated)**: 702,399,000 US dollars
- **Income from operations**: 350,056,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,642,000 US dollars
- **Income before provision for income taxes**: 333,414,000 US dollars
- **Provision for income taxes**: 95,303,000 US dollars
- **Net income**: 238,111,000 US dollars
- **Product and maintenance revenue**: 1,100,380,000 US dollars
- **Service revenue**: 115,119,000 US dollars
- **Product and maintenance cost of revenue**: 109,593,000 US dollars
- **Service cost of revenue**: 53,451,000 US dollars
- **Marketing and sales**: 189,763,000 US dollars
- **Restructuring**: 24,538,000 US dollars
- **Research and development**: 407,369,000 US dollars
- **General and administrative**: 71,581,000 US dollars
- **Amortization of acquired intangibles**: 9,148,000 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-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/cdns-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 1,215,499,000 US dollars
- **Cost of revenue (calculated)**: 163,044,000 US dollars
- **Gross profit (calculated)**: 1,052,455,000 US dollars
- **Operating expenses (calculated)**: 702,399,000 US dollars
- **Income from operations**: 350,056,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,642,000 US dollars
- **Income before provision for income taxes**: 333,414,000 US dollars
- **Provision for income taxes**: 95,303,000 US dollars
- **Net income**: 238,111,000 US dollars
- **UNITED STATES**: 580,489,000 US dollars
- **Other Americas**: 24,913,000 US dollars
- **CHINA**: 156,678,000 US dollars
- **Other Asia**: 211,158,000 US dollars
- **EMEA**: 174,606,000 US dollars
- **JAPAN**: 67,655,000 US dollars
- **Cost of sales**: 163,044,000 US dollars
- **Marketing and sales**: 189,763,000 US dollars
- **Restructuring**: 24,538,000 US dollars
- **Research and development**: 407,369,000 US dollars
- **General and administrative**: 71,581,000 US dollars
- **Amortization of acquired intangibles**: 9,148,000 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.