Cadence Design Systems, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.11B | $1.06B | $1.04B | $849.0M | $590.6M | $989.0M | $345.8M | $204.1M |
| Depreciation & Amortization | $227.8M | $196.9M | $145.3M | $132.1M | $145.7M | $122.8M | $118.7M | $115.5M |
| Depreciation | $111.4M | $96.9M | $78.4M | $69.1M | $67.6M | $63.3M | $60.4M | $52.9M |
| Amortization | $39.9M | $30.4M | $18.2M | $18.5M | $18.0M | $12.1M | $14.1M | $14.7M |
| Stock-Based Compensation | $455.2M | $391.2M | $325.6M | $270.4M | $197.3M | $181.5M | $167.7M | $130.0M |
| Net Cash from Operating Activities | $1.73B | $1.26B | $1.35B | $1.24B | $904.9M | $729.6M | $604.8M | $470.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $141.9M | $142.5M | $102.3M | $123.2M | $94.8M | $74.6M | $61.5M | $57.9M |
| Business Acquisitions | $429.5M | $737.6M | $198.4M | $613.8M | $197.6M | $338.0K | $0 | $143.2M |
| Net Cash from Investing Activities | $-460.5M | $-837.1M | $-412.2M | $-738.6M | $-292.2M | $-105.7M | $-173.8M | $-191.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $925.0M | $550.0M | $700.1M | $1.05B | $380.1M | $306.1M | $250.1M | $100.0M |
| Net Cash from Financing Activities | $-949.0M | $1.24B | $-803.6M | $-657.0M | $-415.3M | $-443.9M | $-567.9M | $-70.1M |
| Net Change in Cash | $357.3M | $1.64B | $125.8M | $-206.6M | $223.2M | $171.9M | $-154.8M | $222.9M |
| Free Cash Flow | $1.59B | $1.12B | $1.25B | $1.12B | $810.1M | $655.0M | $543.2M | $412.8M |