Cadence Design Systems
S&P 500
Nasdaq 100
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2012 | $315.99M | $-201.24M | $15.83M | $35.97M |
| FY2013 | $367.61M | $-426.90M | $-116.29M | $44.93M |
| FY2015 | $316.72M | $-198.02M | $288.97M | $39.81M |
| FY2016 | $444.88M | $1.36M | $-592.70M | $53.71M |
| FY2017 | $470.74M | $-191.21M | $-70.15M | $57.90M |
| FY2018 | $604.75M | $-173.85M | $-567.94M | $61.50M |
| FY2019 | $729.60M | $-105.71M | $-443.89M | $74.61M |
| FY2021 | $904.92M | $-292.16M | $-415.29M | $94.81M |
| FY2022 | $1.24B | $-738.63M | $-657.05M | $123.22M |
| FY2023 | $1.35B | $-412.25M | $-803.57M | $102.34M |
| FY2024 | $1.26B | $-837.12M | $1.24B | $142.54M |
| FY2025 | $1.73B | $-460.52M | $-948.98M | $141.87M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.