Technology · Packaged Software
Cadence Design Systems, Inc.
$329.08 -0.18 (-0.05%) Pre-market $327.65 (-0.49%) ≈ ₹30,885 a share
Key numbers
- Market value
- $90.29B
- P/E (TTM)
- 65.4
- Forward P/E
- 36.7
- EPS (TTM)
- $5.03
- Dividend yield
- —
- Beta
- 1.10
- Day range
- $324.35 – $330.49
- 52-week range
- $262.75 – $416.69
- Volume
- 293,460
- 10-day avg volume
- $2.20M
- Revenue (TTM)
- $6.13B
- EBITDA (TTM)
- $2.22B
- Gross margin
- 85.7%
- Net margin
- 22.5%
- Return on equity
- 22.9%
- Debt / equity
- 38.3%
- Price / sales
- 14.72
- Shares out
- 274.38M
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.07B | $1.01B | $1.06B | $1.22B | $1.36B | $1.24B | $1.28B | $1.34B | $1.44B | $1.47B | $1.58B | $1.63B |
| Research & development | — | $378.96M | $370.74M | $407.37M | — | $439.10M | $442.06M | $423.03M | — | $508.44M | $531.27M | $537.54M |
| Operating income | $336.53M | $249.96M | $293.88M | $350.06M | $456.88M | $361.52M | $241.80M | $425.39M | $463.34M | $431.33M | $450.32M | $428.72M |
| Operating margin | 31.5% | 24.8% | 27.7% | 28.8% | 33.7% | 29.1% | 19.0% | 31.8% | 32.2% | 29.3% | 28.4% | 26.2% |
| Interest expense | $8.99M | $8.69M | $12.91M | $24.50M | $29.91M | $29.12M | $28.95M | $29.04M | $29.44M | $31.61M | $35.14M | $30.38M |
| Pre-tax income | $362.06M | $310.04M | $315.71M | $333.41M | $436.65M | $355.69M | $280.61M | $392.78M | $492.96M | $428.10M | $510.23M | $408.34M |
| Income tax | $38.16M | $62.40M | $86.19M | $95.30M | $96.44M | $82.11M | $120.56M | $105.66M | $104.83M | $92.44M | $143.16M | $118.59M |
| Net income | $323.90M | $247.64M | $229.52M | $238.11M | $340.21M | $273.58M | $160.05M | $287.12M | $388.14M | $335.66M | $367.08M | $289.75M |
| Net margin | 30.3% | 24.5% | 21.6% | 19.6% | 25.1% | 22.0% | 12.5% | 21.4% | 27.0% | 22.8% | 23.2% | 17.7% |
| EPS (diluted) | — | $0.91 | $0.84 | $0.87 | — | $1.00 | $0.59 | $1.05 | — | $1.23 | $1.33 | $1.05 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | $2.14B | $2.34B | $2.68B | $2.99B | $4.09B | $4.64B | $5.30B |
| Revenue growth | — | 10.0% | 9.3% | 14.8% | 11.4% | 36.9% | 13.5% | 14.1% |
| Operating income | $323.96M | $396.21M | $491.80M | $645.55M | $779.09M | $1.25B | $1.35B | $1.49B |
| Operating margin | 16.7% | 18.5% | 21.1% | 24.1% | 26.1% | 30.6% | 29.1% | 28.2% |
| Depreciation & amortisation | $115.52M | $118.72M | $122.79M | $145.65M | $142.31M | $145.29M | $196.94M | $227.83M |
| Interest expense | $25.66M | $23.14M | $18.83M | $20.75M | $16.98M | $36.19M | $76.00M | $116.54M |
| Pre-tax income | $315.05M | $376.39M | $478.97M | $632.75M | $768.44M | $1.28B | $1.40B | $1.52B |
| Income tax | $110.95M | $30.61M | $-510.01M | $42.10M | $72.48M | $240.78M | $340.34M | $413.16M |
| Tax rate | 35.2% | 8.1% | -106.5% | 6.7% | 9.4% | 18.8% | 24.4% | 27.1% |
| Net income | $204.10M | $345.78M | $988.98M | $590.64M | $695.96M | $1.04B | $1.06B | $1.11B |
| Net margin | 10.5% | 16.2% | 42.3% | 22.0% | 23.3% | 25.5% | 22.7% | 20.9% |
| EPS (diluted) | $0.73 | $1.23 | $3.53 | $2.11 | $2.50 | $3.82 | $3.85 | $4.06 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $688.09M | $533.30M | $705.21M | $928.43M | $1.09B | $1.01B | $2.64B | $3.00B |
| Short-term investments | $4.46M | — | — | — | — | $130.36M | $140.63M | $154.21M |
| Current assets | $979.99M | $951.09M | $1.17B | $1.48B | $1.72B | $1.98B | $4.02B | $4.67B |
| Total assets | $2.42B | $2.47B | $3.36B | $3.95B | $4.39B | $5.67B | $8.97B | $10.15B |
| Current liabilities | $642.40M | $708.98M | $672.39M | $796.81M | $971.23M | $1.59B | $1.37B | $1.64B |
| Long-term debt | — | — | — | — | — | — | — | $2.48B |
| Short-term debt | $0 | — | — | — | — | — | — | $0 |
| Total debt | $0 | — | — | — | — | — | — | $2.48B |
| Shareholders' equity | $989.20M | $1.29B | $2.10B | $2.49B | $2.74B | $3.40B | $4.67B | $5.47B |
| Current ratio | 1.53 | 1.34 | 1.74 | 1.86 | 1.77 | 1.24 | 2.93 | 2.86 |
| Debt / equity | 0.00 | — | — | — | — | — | — | 0.45 |
| Return on equity | 20.6% | 26.8% | 47.0% | 23.7% | 25.4% | 30.6% | 22.6% | 20.3% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $470.74M | $604.75M | $729.60M | $904.92M | $1.10B | $1.35B | $1.26B | $1.73B |
| Capital spending | $-57.90M | $-61.50M | $-74.61M | $-94.81M | $-65.30M | $-102.34M | $-142.54M | $-141.87M |
| Free cash flow | $412.84M | $543.25M | $655.00M | $810.11M | $1.04B | $1.25B | $1.12B | $1.59B |
| FCF margin | 21.2% | 25.4% | 28.0% | 30.2% | 34.7% | 30.5% | 24.1% | 30.0% |
| Stock-based pay | $130.02M | $167.72M | $181.55M | $197.27M | $210.09M | $325.61M | $391.22M | $455.18M |
| Cash from investing | $-191.21M | $-173.85M | $-105.71M | $-292.16M | $-292.95M | $-412.25M | $-837.12M | $-460.52M |
| Cash from financing | $-70.15M | $-567.94M | $-443.89M | $-415.29M | $-643.79M | $-803.57M | $1.24B | $-948.98M |
| Share buybacks | $-100.03M | $-250.06M | $-306.15M | $-380.06M | $-612.30M | $-700.13M | $-550.03M | $-925.03M |
About
About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, the company currently makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers. The company also licenses intellectual property for the electronics, aerospace, defense and automotive industries.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Cadence Design Systems, Inc.
- Ticker
- CDNS
- Exchange
- NASDAQ
- ISIN
- US1273871087
- SEC CIK
- 0000813672
- Sector
- Technology
- Industry
- Packaged Software
- SEC industry (SIC)
- Services-prepackaged Software (7372)
- Incorporated in
- Delaware
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 19 Feb 2026
- CEO
- Anirudh Devgan
- Chair
- ML Krakauer
- Headquarters
- San Jose
- Address
- 2655 Seely Avenue Bldg 5, San Jose, Ca 95134
- Founded
- 1988
- Employees
- 13,800
- Trades in
- US dollars (USD)
- Website
- cadence.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Technology
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.