Cadence Design Systems Inc's Business Segments

We enable our customers to design electronic products. Our products and services are designed to give our customers a competitive edge in their development of electronic systems, integrated circuits (“ICs”), electronic devices and increasingly sophisticated manufactured products. Our products and services do this by optimizing performance, minimizing power consumption, shortening the time to bring our customers’ products to market and reducing their design, development and manufacturing costs. Our customers create and sell electronic products at differing levels of completeness. Our electronic systems customers deliver entire devices, such as smartphones, laptop computers, gaming systems, automobiles, servers, medical equipment and networking products. These systems companies internally develop, or externally purchase, the sub-components for their products, including printed circuit boards (“PCBs”), which interconnect all the hardware components, ICs, which are often referred to as computer chips, and software at various levels which runs on the hardware. Our semiconductor customers deliver ICs, which include subcategories, such as memory chips, systems-on-chip (“SoCs”), analog chips, processors and other types of chips.

Cadence operates as a single operating segment. The company's Chief Executive Officer serves as the chief operating decision maker (CODM), making resource allocation decisions and evaluating performance based on consolidated results, including net income. The reportable segment encompasses revenue, significant expenses, and net income, with financial data available for fiscal years 2025, 2024, and 2023. Outside the United States, Cadence markets and supports its products and services primarily through its subsidiaries. Revenue is attributed geographically based on the location where products are used or services are delivered, while long-lived assets are attributed based on their physical location. Geographic data for revenue and long-lived assets are reported for the Americas (United States and Other Americas), Asia (China and Other Asia), Europe, Middle East and Africa, and Japan for fiscal years 2025, 2024, and 2023.