CADENCE DESIGN SYSTEMS INC Quarterly Research and Development Expense in USD from Q1 2020 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Cadence Design Systems Inc quarterly Research and Development Expense history and growth rate from Q1 2020 to Q3 2024.
  • Cadence Design Systems Inc Research and Development Expense for the quarter ending September 30, 2024 was $407M, a 10.2% increase year-over-year.
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $407M +$37.7M +10.2% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-30
Q2 2024 $371M +$16.3M +4.61% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-24
Q1 2024 $379M +$28.7M +8.18% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-24
Q3 2023 $370M +$46M +14.2% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-30
Q2 2023 $354M +$67.8M +23.7% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-24
Q1 2023 $350M +$59.4M +20.4% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-24
Q3 2022 $324M +$34.5M +11.9% Jul 3, 2022 Oct 1, 2022 10-Q 2023-10-23
Q2 2022 $287M +$1.37M +0.48% Apr 3, 2022 Jul 2, 2022 10-Q 2023-07-24
Q1 2022 $291M +$19.9M +7.34% Jan 2, 2022 Apr 2, 2022 10-Q 2023-04-24
Q3 2021 $289M +$38.2M +15.2% Jul 4, 2021 Oct 2, 2021 10-Q 2022-10-24
Q2 2021 $285M +$34.4M +13.7% Apr 4, 2021 Jul 3, 2021 10-Q 2022-07-25
Q1 2021 $271M +$29.3M +12.1% Jan 3, 2021 Apr 3, 2021 10-Q 2022-04-25
Q3 2020 $251M Jun 28, 2020 Sep 26, 2020 10-Q 2021-10-25
Q2 2020 $251M Mar 29, 2020 Jun 27, 2020 10-Q 2021-07-26
Q1 2020 $242M Dec 29, 2019 Mar 28, 2020 10-Q 2021-04-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.