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

Tech Giants' Revenue Race: 2014-2023 Insights

__timestampCadence Design Systems, Inc.Texas Instruments Incorporated
Wednesday, January 1, 2014158093200013045000000
Thursday, January 1, 2015170209100013000000000
Friday, January 1, 2016181608300013370000000
Sunday, January 1, 2017194303200014961000000
Monday, January 1, 2018213802200015784000000
Tuesday, January 1, 2019233631900014383000000
Wednesday, January 1, 2020268289100014461000000
Friday, January 1, 2021298824400018344000000
Saturday, January 1, 2022356171800020028000000
Sunday, January 1, 2023408998600017519000000
Monday, January 1, 2024464126400015641000000
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Igniting the spark of knowledge

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

In the ever-evolving landscape of technology, Texas Instruments Incorporated and Cadence Design Systems, Inc. have carved out significant niches. Over the past decade, Texas Instruments has consistently outperformed Cadence in terms of annual revenue, boasting figures that are approximately five times higher. However, Cadence has shown remarkable growth, with its revenue increasing by over 150% from 2014 to 2023. This growth trajectory highlights Cadence's strategic advancements in the semiconductor and electronic design automation sectors.

Texas Instruments, a stalwart in the industry, saw its revenue peak in 2022, reaching a staggering $20 billion, before experiencing a slight dip in 2023. Meanwhile, Cadence's revenue reached an all-time high in 2023, underscoring its resilience and adaptability in a competitive market. The data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial journeys offer valuable insights into the tech industry's dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025