Annual Revenue Comparison: QUALCOMM Incorporated vs Cadence Design Systems, Inc.

A Tale of Two Tech Giants: Revenue Trends from 2014 to 2023

In the ever-evolving landscape of technology, QUALCOMM Incorporated and Cadence Design Systems, Inc. have emerged as pivotal players. Over the past decade, these companies have showcased distinct revenue trajectories, reflecting their unique market strategies and innovations.

From 2014 to 2023, QUALCOMM's revenue has consistently outpaced Cadence's, with a peak in 2022 where it reached approximately 44 billion dollars, nearly ten times Cadence's revenue of around 3.6 billion dollars. However, Cadence has demonstrated impressive growth, with its revenue increasing by over 150% during this period, from 1.6 billion dollars in 2014 to over 4 billion dollars in 2023.

While QUALCOMM's revenue saw fluctuations, notably dipping in 2023, Cadence's steady climb underscores its strategic advancements in electronic design automation. The data for 2024 remains incomplete, leaving room for speculation on future trends.