Cadence Design Systems Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	1,109	1,055	1,041	848.95	695.96
Depreciation & Amortization	227.83	196.94	145.29	132.09	142.31
Stock-Based Compensation	455.18	391.22	325.61	270.44	210.09
Other Adjustments	10.14	-174.11	-64.09	-97.13	-53.19
Change in Receivables	-274.89	-180.29	-11.75	-138.47	2.01
Changes in Inventories	-91.03	-82.77	-65.9	-23.07	-39.03
Changes in Accounts Payable	184.9	33.68	5.42	113.95	67.36
Changes in Unearned Revenue	69.41	66.48	-21.58	131.46	100.73
Changes in Other Operating Activities	38.36	-46.07	-4.97	3.68	-25.28
Operating Cash Flow	1,729	1,261	1,349	1,242	1,101
Operating Cash Flow Growth	37.15%	-6.57%	8.64%	12.80%	21.66%
Capital Expenditures	-141.87	-142.54	-102.34	-123.22	-65.3
Purchases of Intangible Assets	-	-0.17	-	-1	-1.58
Proceeds from Sale of Intangible Assets	11.5	-	-	-	-
Purchases of Investments	-40.9	-4.98	-176.17	-1	-
Proceeds from Sale of Investments	140.28	47.98	64.78	0.37	0.13
Payments for Business Acquisitions	-429.54	-737.57	-198.35	-613.79	-226.2
Investing Cash Flow	-460.52	-837.12	-412.25	-738.63	-292.95
Short-Term Debt Issued	-	-	50	585	-
Short-Term Debt Repaid	-	-	-150	-485	-
Net Short-Term Debt Issued (Repaid)	-	-	-100	100	-
Long-Term Debt Issued	-	3,197	-	300	-
Long-Term Debt Repaid	-	-1,350	-	-	-
Net Long-Term Debt Issued (Repaid)	-	1,847	-	300	-
Issuance of Common Stock	145.9	204.24	132.96	105.33	87.77
Repurchase of Common Stock	-1,095	-787.76	-836.53	-1,162	-730.28
Net Common Stock Issued (Repurchased)	-948.98	-583.53	-703.57	-1,057	-642.51
Other Financing Activities	-	-23.83	-	-0.43	-1.29
Financing Cash Flow	-948.98	1,239	-803.57	-657.05	-643.79
Effect of Exchange Rate Changes on Cash and Cash Equivalents	38	-26.8	-7.53	-52.83	-3.7
Net Cash Flow	357.29	1,636	125.83	-206.62	160.51
Free Cash Flow	1,587	1,118	1,247	1,119	1,036
Free Cash Flow Growth	41.94%	-10.33%	11.46%	8.02%	27.84%
FCF Margin	29.96%	24.09%	30.49%	31.41%	34.66%
Free Cash Flow Per Share	5.81	4.08	4.57	4.07	3.71
Levered Free Cash Flow	1,396	2,928	897.07	1,484	876.75
Unlevered Free Cash Flow	1,375	1,047	972.13	1,107	886.4

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.