Key Insights on Gross Profit: Cadence Design Systems, Inc. vs Synopsys, Inc.

Cadence vs Synopsys: A Decade of Profit Growth

__timestampCadence Design Systems, Inc.Synopsys, Inc.
Wednesday, January 1, 201413572260001600587000
Thursday, January 1, 201514636380001723291000
Friday, January 1, 201615595910001879570000
Sunday, January 1, 201717056420002070696000
Monday, January 1, 201818792750002385160000
Tuesday, January 1, 201920699620002607748000
Wednesday, January 1, 202023773930002890591000
Friday, January 1, 202126812380003342416000
Saturday, January 1, 202231900950004017845000
Sunday, January 1, 202336549450004620426000
Monday, January 1, 202444303620004882147000
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Unlocking the unknown

A Decade of Growth: Cadence Design Systems, Inc. vs Synopsys, Inc.

In the competitive landscape of electronic design automation, Cadence Design Systems, Inc. and Synopsys, Inc. have been pivotal players. Over the past decade, from 2014 to 2023, both companies have demonstrated impressive growth in gross profit. Synopsys, Inc. has consistently outperformed Cadence, with a gross profit increase of approximately 189% from 2014 to 2023. Cadence, while trailing, has shown a remarkable growth of around 169% in the same period. Notably, Synopsys reached a peak gross profit of $4.62 billion in 2023, while Cadence achieved $3.65 billion. The data for 2024 is incomplete, highlighting the dynamic nature of the industry. This trend underscores the robust demand for innovative design solutions and the strategic prowess of these industry leaders. As technology continues to evolve, both companies are well-positioned to capitalize on future opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025