Cadence Design Systems

World Rank (Jan-05-2024)

230

Market Cap (Jan-05-2024)

69.993 Billion USD

World Rank (Jul-30-2023)

259

Market Cap (Jul-30-2023)

63.664 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

Rank in USA in July-2023 is 129

Headquarters Country

USA

Nasdaq / NYSE Code

CDNS

Market Cap (Mar-08-2026)

80.96

CEO

Anirudh Devgan

Employee Count

10,200

Employee Count as of Date

As on 2022

Headquarters City/State

California

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

4,089 Million USD

Annual Operating Income in USD

1,262 Million USD

Annual Net Income in USD

1,041 Million USD

Annual Results for Period Ending

Dec-2023 ending year

Total Assets in USD

5,669 Million USD

Total Liabilities in USD

2,265 Million USD

Total Equity in USD

3,404 Million USD

Balance Sheet for Period Ending

Dec-2023 ending year

Business Sector

Technology

Software and IT

Software Products

Technology Hardware and Instruments

Processors / Chips

Company Website

CADENCE DESIGN SYSTEMS INC

Wikipedia

Yahoo

Yahoo @ Nasdaq

Facebook

Company Profile

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.

Annual Results Summary

CADENCE DESIGN SYSTEMS - Annual Result Summary - in Million USD

Year Ending:	Total Revenue	Gross Profit	Operating Income	Net Income
Dec-2023	4,089	3,654	1,262	1,041
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-2023	5,669	2,265	3,404
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

Founded Year

1988

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