CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2026 Q1 P&L / Income Statement

CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue and costs use their disclosed categories.

Revenue

1,474,220,000 US dollars

Cost of revenue (calculated)

214,547,000 US dollars

Gross profit (calculated)

1,259,673,000 US dollars

Operating expenses (calculated)

828,344,000 US dollars

Income from operations

431,329,000 US dollars

Other income (expense), net (calculated)

negative 3,226,000 US dollars

Income before provision for income taxes

428,103,000 US dollars

Provision for income taxes

92,443,000 US dollars

Net income

335,660,000 US dollars

Product and maintenance revenue

1,348,922,000 US dollars

Service revenue

125,298,000 US dollars

Product and maintenance cost of revenue

153,312,000 US dollars

Service cost of revenue

61,235,000 US dollars

Marketing and sales

211,485,000 US dollars

Restructuring

negative 5,000 US dollars

Research and development

508,437,000 US dollars

General and administrative

88,217,000 US dollars

Amortization of acquired intangibles

20,210,000 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.