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

- Company: CADENCE DESIGN SYSTEMS, INC. (CDNS)
- Period: 2024-01-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/cdns-fy2024-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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

- **Revenue**: 2,069,784,000 US dollars
- **Cost of revenue (calculated)**: 264,467,000 US dollars
- **Gross profit (calculated)**: 1,805,317,000 US dollars
- **Operating expenses (calculated)**: 1,261,485,000 US dollars
- **Income from operations**: 543,832,000 US dollars
- **Other income (expense), net (calculated)**: 81,921,000 US dollars
- **Income before provision for income taxes**: 625,753,000 US dollars
- **Provision for income taxes**: 148,590,000 US dollars
- **Net income**: 477,163,000 US dollars
- **Product and maintenance revenue**: 1,873,842,000 US dollars
- **Service revenue**: 195,942,000 US dollars
- **Product and maintenance cost of revenue**: 169,758,000 US dollars
- **Service cost of revenue**: 94,709,000 US dollars
- **Marketing and sales**: 367,314,000 US dollars
- **Restructuring**: 247,000 US dollars
- **Research and development**: 749,698,000 US dollars
- **General and administrative**: 132,152,000 US dollars
- **Amortization of acquired intangibles**: 12,074,000 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-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/cdns-fy2024-ytd-q2-revenue-by-geography-sankey.png

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

- **Revenue**: 2,069,784,000 US dollars
- **Cost of revenue (calculated)**: 264,467,000 US dollars
- **Gross profit (calculated)**: 1,805,317,000 US dollars
- **Operating expenses (calculated)**: 1,261,485,000 US dollars
- **Income from operations**: 543,832,000 US dollars
- **Other income (expense), net (calculated)**: 81,921,000 US dollars
- **Income before provision for income taxes**: 625,753,000 US dollars
- **Provision for income taxes**: 148,590,000 US dollars
- **Net income**: 477,163,000 US dollars
- **UNITED STATES**: 942,692,000 US dollars
- **Other Americas**: 39,007,000 US dollars
- **CHINA**: 245,038,000 US dollars
- **Other Asia**: 406,459,000 US dollars
- **EMEA**: 321,577,000 US dollars
- **JAPAN**: 115,011,000 US dollars
- **Cost of sales**: 264,467,000 US dollars
- **Marketing and sales**: 367,314,000 US dollars
- **Restructuring**: 247,000 US dollars
- **Research and development**: 749,698,000 US dollars
- **General and administrative**: 132,152,000 US dollars
- **Amortization of acquired intangibles**: 12,074,000 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.