Cadence Design Systems (CDNS) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared with both the prior quarter and the same quarter a year earlier. The sequential growth continued the upward pattern observed throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared with both the prior quarter and the same quarter a year earlier. The sequential growth continued the upward pattern observed throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+11.6%
Change from the immediately preceding quarter.
Year-over-year
+26.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1B | -1.2% |
| Jun 30, 2024 | $1.1B | +8.6% |
| Sep 30, 2024 | $1.2B | +18.8% |
| Dec 31, 2024 | $1.4B | +26.9% |
Revenue performance
Revenue in the reported quarter rose, reflecting a positive direction from the preceding period and from the year-ago period.
Quarterly comparison
The sequential increase was consistent with the gains seen in each of the earlier quarters of the fiscal year. The year-over-year rise was larger than the sequential change.
What to watch
The sustainability of the sequential revenue growth trend may be a focus in future reporting periods.