Analysis of Revenues
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- Statement of Comprehensive Income
- Cash Flow Statement
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Analysis of Debt
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Revenues as Reported
Cadence Design Systems Inc., income statement, revenues
US$ in thousands
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
The revenue data over the five-year period demonstrates a consistent upward trajectory, indicating sustained growth in sales for the company.
- 2020 to 2021
- There was an increase in revenue from approximately $2.68 billion to nearly $2.99 billion. This represents a moderate growth rate, signaling positive business momentum following the base year.
- 2021 to 2022
- The revenue saw a more substantial increase, rising to approximately $3.56 billion. This jump reflects an accelerated growth phase, potentially due to successful market expansion or increased demand.
- 2022 to 2023
- Growth continued robustly with revenue reaching around $4.09 billion. The upward trend suggests effective strategies in maintaining sales expansion and possibly higher unit sales or pricing improvements.
- 2023 to 2024
- The projected or actual data for 2024 indicate further growth to about $4.64 billion. This prolongation of the growth pattern suggests strong sustained market position and successful ongoing operations.
Overall, the revenue increased steadily each year, showing strong performance and consistent year-over-year growth. The compound annual growth rate over the five years is significant, reflecting the company's capacity to enhance its revenue base continuously. No indications of revenue volatility or decline are apparent within the provided timeframe.