CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2025 Q2 P&L / Income Statement

CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2025 Q2 P&L / Income Statement

Income statement for 2025-04-01 through 2025-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Revenue

1,275,441,000 US dollars

Cost of revenue (calculated)

184,167,000 US dollars

Gross profit (calculated)

1,091,274,000 US dollars

Operating expenses (calculated)

849,477,000 US dollars

Income from operations

241,797,000 US dollars

Other income (expense), net (calculated)

38,810,000 US dollars

Income before provision for income taxes

280,607,000 US dollars

Provision for income taxes

120,556,000 US dollars

Net income

160,051,000 US dollars

Product and maintenance revenue

1,170,510,000 US dollars

Service revenue

104,931,000 US dollars

Product and maintenance cost of revenue

139,298,000 US dollars

Service cost of revenue

44,869,000 US dollars

Marketing and sales

200,595,000 US dollars

Restructuring

47,000 US dollars

Research and development

442,057,000 US dollars

General and administrative

69,029,000 US dollars

Amortization of acquired intangibles

9,204,000 US dollars

Loss related to contingent liability

128,545,000 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.