Cadence Design Systems Q3 2023 earnings: revenue, margins and segments

Summary

Revenue was $1.0B.

Compared with the previous quarter, revenue rose 4.8%.

Net income was $254M.

Gross margin was 89.3%, down 0.8 percentage points from the previous quarter.

Built from the stored figures above; Reported values are as filed, Calculated values are Silicon Analytica arithmetic from those filings. Percentages and margins are never converted to US$; ≈US$ amounts are approximate.

Revenue mix, Q3 2023

— No segment or regional split is stored for this quarter; the company's filings for it have not been added at segment level. See the fiscal-year pages for the stored annual split.