Monday, 9 November 2026
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Earnings · Quarter

Cadence Design Systems Q3 2024 earnings: revenue, margins and segments

Q3 2024 (Jul–Sep 2024) · Reported

Summary

Revenue rose 18.8% from a year earlier to $1.2B.

Compared with the previous quarter, revenue rose 14.6%.

Net income fell 6.4% to $238M.

Gross margin was 86.6%, down 2.7 percentage points from a year earlier.

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 2024

— 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.

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