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

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

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

Revenue

2,517,807,000 US dollars

Cost of revenue (calculated)

351,300,000 US dollars

Gross profit (calculated)

2,166,507,000 US dollars

Operating expenses (calculated)

1,563,190,000 US dollars

Income from operations

603,317,000 US dollars

Other income (expense), net (calculated)

32,982,000 US dollars

Income before provision for income taxes

636,299,000 US dollars

Provision for income taxes

202,669,000 US dollars

Net income

433,630,000 US dollars

Product and maintenance revenue

2,281,360,000 US dollars

Service revenue

236,447,000 US dollars

Product and maintenance cost of revenue

255,970,000 US dollars

Service cost of revenue

95,330,000 US dollars

Marketing and sales

403,295,000 US dollars

Restructuring

negative 62,000 US dollars

Research and development

881,159,000 US dollars

General and administrative

132,127,000 US dollars

Amortization of acquired intangibles

18,126,000 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.