Cisco Systems, Inc. or Cadence Design Systems, Inc.: Who Leads in Yearly Revenue?

Cisco vs. Cadence: A Revenue Showdown

In the ever-evolving tech landscape, Cisco Systems, Inc. and Cadence Design Systems, Inc. have been pivotal players. From 2014 to 2023, Cisco consistently outperformed Cadence in annual revenue, showcasing its dominance in the industry. Cisco's revenue peaked in 2023, reaching approximately $57 billion, marking a 21% increase from 2014. In contrast, Cadence's revenue grew by 159% over the same period, highlighting its impressive growth trajectory, albeit from a smaller base.

A Decade of Growth

While Cisco's revenue growth was steady, Cadence's rapid expansion is noteworthy, reflecting its strategic advancements in electronic design automation. Despite the missing data for Cadence in 2024, Cisco's projected revenue of $54 billion suggests a slight dip, possibly due to market fluctuations. This revenue analysis underscores the dynamic nature of the tech industry, where giants like Cisco maintain their lead, while agile players like Cadence rapidly close the gap.