Cadence Design Systems, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $3.00B | $2.64B | $1.01B | $882.3M | $928.4M | $705.2M | $533.3M | $688.1M |
| Accounts Receivable | $944.9M | $680.5M | $489.2M | $486.7M | $338.5M | $304.5M | $297.1M | $190.4M |
| Inventory | $303.5M | $257.7M | $181.7M | $128.0M | $76.0M | $55.8M | $28.2M | $33.2M |
| Total Current Assets | $4.67B | $4.02B | $1.98B | $1.71B | $1.48B | $1.17B | $951.1M | $980.0M |
| Property, Plant & Equipment | $517.0M | $458.2M | $403.2M | $371.5M | $311.1M | $275.9M | $252.6M | $251.3M |
| Goodwill | $2.75B | $2.38B | $1.54B | $1.37B | $782.1M | $661.9M | $662.3M | $666.0M |
| Intangible Assets (Excl. Goodwill) | $718.2M | $594.7M | $336.8M | $354.6M | $210.6M | $172.4M | $225.5M | $278.8M |
| Total Assets | $10.15B | $8.97B | $5.67B | $5.14B | $3.95B | $3.36B | $2.47B | $2.42B |
| Liabilities | ||||||||
| Accounts Payable | $856.9M | $632.7M | $576.6M | $557.2M | $350.0M | $316.9M | $5.5M | $4.8M |
| Total Current Liabilities | $1.64B | $1.37B | $1.59B | $1.35B | $796.8M | $672.4M | $709.0M | $642.4M |
| Long-Term Debt | $2.48B | $2.48B | $299.8M | $648.1M | $346.8M | $346.0M | $345.3M | $644.4M |
| Total Liabilities | $4.68B | $4.30B | $2.27B | $2.39B | $1.46B | $1.25B | $1.18B | $1.43B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $7.10B | $5.99B | $4.94B | $3.90B | $2.35B | $1.76B | $772.7M | $426.9M |
| Total Stockholders' Equity | $5.47B | $4.67B | $3.40B | $2.75B | $2.49B | $2.10B | $1.29B | $989.2M |