Cadence Design Systems

World Rank (Jul-30-2023)
259
Market Cap (Jul-30-2023)
63.664 Billion USD
World Rank (Dec-25-2022)
361
Market Cap (Dec-25-2022)
44.288 Billion USD
World Rank (Jan-07-2022)
424
Market Cap (Jan-07-2022)
46.011 Billion USD
World Rank (Jan-01-2021)
456
Market Cap (Jan-01-2021)
38.055 Billion USD
Company Rank in Country in 2023
Company Rank in USA in July-2023 is 129
Annual Revenue in USD
3,561 Million USD
Annual Net Income in USD
848 Million USD
Total Assets in USD
5,137 Million USD
Total Liabilities in USD
2,391 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters State / City
California
Headquarters Country
USA
Company Business
Technology
Software and IT
Software Products
Technology Hardware and Instruments
Processors / Chips
Stock Category
S&P 500
Nasdaq 100
Stock Exchange
Nasdaq
Company Rank in Country in 2022
Company Rank in USA in 2022 is 191
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 207
Rank in Country (Jan-2020)
Rank in USA in 2020 is 331
Number of Employees
10,200
Employee Count as on Date
As on 2022
CEO:
Anirudh Devgan
Yahoo
Yahoo @ Nasdaq
Wikipedia
Wikipedia
Facebook
Facebook
Company Website:
CADENCE DESIGN SYSTEMS INC
About Company Business:

Cadence is USA based company and provides the expertise and tools, IP, and hardware required for the entire electronics design chain, from chip design to chip packaging to boards and to systems. Headquarters is in USA.

They enable electronic systems and semiconductor companies to create innovative products that transform the way people live, work, and play. Their products are used in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments.

Cadence annual revenue generated for period ending Dec-2021 was 2,988 million USD.

Cadence annual net income generated for period ending Dec-2021 was 695 million USD.

Total Assets as on Dec-2021 was 4,386 Million USD.

Total Liabilities as on Dec-2021 was 1,645 Million USD.

Total Equity as on Dec-2021 was 2,740 Million USD.

Founded Year
1988
Annual Results Summary:

CADENCE DESIGN SYSTEMS - Annual Result Summary - in Million USD

Year Ending: Total Revenue Gross Profit Operating Income Net Income
Dec-2022 3,561 3,190 1,073 848
Dec-2021 2,988 2,681 778 695
Dec-2020 2,683 2,377 654 590
Dec-2019 2,336 2,070 491 989
Dec-2018 2,138 1,879 396 345
Dec-2017 1,943 1,705 324 204
Dec-2016 1,816 1,559 245 203
Balance Sheet Summary

CADENCE DESIGN SYSTEMS - Balance Sheet Summary - in Million USD

Year Ending:

 Total Assets Total Liabilities Total Equity
Dec-2022 5,137 2,391 2,745
Dec-2021 4,386 1,645 2,740
Dec-2020 3,951 1,458 2,493
Dec-2019 3,357 1,254 2,103
Dec-2018 2,469 1,180 1,288
Dec-2017 2,419 1,430 989
Quarterly Results Summary:

CADENCE DESIGN SYSTEMS - Quarterly Result Summary - in Million USD

Quarterly Ending: Total Revenue Operating Income Net Income
Sep-2023 1,023 304 254
Jun-2023 976 299 221
Mar-2023 1,021 322 241
Dec-2022 899 211 240
Sep-2022 902 260 186
Jun-2022 857 282 187
Mar-2022 902 319 235
Dec-2021 773 195 176
Oct-2021 751 194 176
Jul-2021 728 185 156
Apr-2021 736 204 187
Jan-2021 760 185 174
Institutional Investors

Top 30 Institutional Holder Names in CADENCE DESIGN SYSTEMS as on SEP-30-2023

RANK INSTITUTION NAME DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
1 BLACKROCK INC. 09/30/2023 3,06,67,154 5,99,109 1.99% $8,187,823
2 VANGUARD GROUP INC 09/30/2023 2,41,18,818 -62,998 -0.26% $6,439,483
3 STATE STREET CORP 09/30/2023 1,13,16,229 -2,86,230 -2.47% $3,021,320
4 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 09/30/2023 1,09,89,341 -10,70,511 -8.88% $2,934,044
5 FMR LLC 09/30/2023 98,18,403 -1,82,222 -1.82% $2,621,415
6 JENNISON ASSOCIATES LLC 09/30/2023 70,47,231 5,64,085 8.70% $1,881,540
7 PRICE T ROWE ASSOCIATES INC /MD/ 09/30/2023 64,63,867 1,58,829 2.52% $1,725,788
8 GEODE CAPITAL MANAGEMENT, LLC 09/30/2023 59,32,197 4,26,635 7.75% $1,583,837
9 NORGES BANK 12/31/2022 47,99,212 2,18,354 4.77% $1,281,342
10 UBS ASSET MANAGEMENT AMERICAS INC 09/30/2023 30,93,861 -60,469 -1.92% $826,030
11 PICTET ASSET MANAGEMENT HOLDING SA 09/30/2023 30,15,648 30,15,648 New $805,148
12 NORTHERN TRUST CORP 09/30/2023 29,95,849 1,58,031 5.57% $799,862
13 MORGAN STANLEY 09/30/2023 29,85,609 -40,708 -1.35% $797,128
14 FRANKLIN RESOURCES INC 09/30/2023 29,72,207 -10,649 -0.36% $793,550
15 JPMORGAN CHASE & CO 09/30/2023 29,43,051 -74,490 -2.47% $785,765
16 PICTET ASSET MANAGEMENT SA 06/30/2023 28,51,516 3,75,446 15.16% $761,326
17 ALLIANCEBERNSTEIN L.P. 09/30/2023 27,47,044 -1,47,663 -5.10% $733,433
18 JANUS HENDERSON GROUP PLC 09/30/2023 24,04,800 40,319 1.71% $642,058
19 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 09/30/2023 23,01,123 -3,60,812 -13.56% $614,377
20 BROWN ADVISORY INC 09/30/2023 22,57,922 -35,440 -1.55% $602,843
21 BANK OF NEW YORK MELLON CORP 09/30/2023 21,15,535 -17,988 -0.84% $564,827
22 LEGAL & GENERAL GROUP PLC 09/30/2023 20,30,292 -96,647 -4.54% $542,068
23 INVESCO LTD. 09/30/2023 20,12,292 93,984 4.90% $537,262
24 VIKING GLOBAL INVESTORS LP 09/30/2023 16,53,230 -97,017 -5.54% $441,396
25 ALKEON CAPITAL MANAGEMENT LLC 09/30/2023 16,35,651 -4,84,065 -22.84% $436,702
26 WELLINGTON MANAGEMENT GROUP LLP 09/30/2023 16,34,920 9,62,987 143.32% $436,507
27 BARCLAYS PLC 09/30/2023 14,90,835 -29,644 -1.95% $398,038
28 GOLDMAN SACHS GROUP INC 09/30/2023 14,89,359 -75,667 -4.84% $397,644
29 IMPAX ASSET MANAGEMENT GROUP PLC 09/30/2023 14,83,905 -21,175 -1.41% $396,188
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 09/30/2023 14,67,305 8,613 0.59% $391,756

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