Cadence Design Systems, Inc. (CDNS)

NASDAQ: CDNS · Real-Time Price · USD

319.87

-5.99 (-1.84%)

At close: Oct 20, 2026, 4:00 PM EDT

321.50

+1.63 (0.51%)

After-hours: Oct 20, 2026, 4:33 PM EDT

Cadence Design Systems Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	5,838	5,297	4,641	4,090	3,562	2,988
Revenue Growth	14.70%	14.12%	13.48%	14.83%	19.19%	11.38%
Gross Profit	5,013	4,575	3,994	3,655	3,190	2,681
Operating Income	1,833	1,680	1,397	1,274	1,084	780.64
Net Income	1,378	1,109	1,055	1,041	848.95	695.96
Earnings Per Share	5.03	4.06	3.85	3.82	3.09	2.50
EPS Growth	35.93%	5.46%	0.78%	23.63%	23.60%	18.48%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Product & Maintenance	5,320	4,822	4,214	3,834	3,340	2,813
Services	517.8	475.17	427.76	255.63	221.52	175.3
Revenue (Total)	5,838	5,297	4,641	4,090	3,562	2,988

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	1,532	3,156	2,785	1,139	886.82	1,095
Total Debt	2,651	2,666	2,627	806.03	924.15	479.98
Net Cash (Debt)	-1,120	489.2	158.03	332.48	-37.34	614.92
Net Cash Growth	-	209.57%	-52.47%	-	-	40.31%
Net Cash Per Share	-4.08	1.79	0.58	1.22	-0.14	2.21

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	1,855	1,729	1,261	1,349	1,242	1,101
Capital Expenditures	-176.17	-141.87	-142.54	-102.34	-123.22	-65.3
Free Cash Flow	1,679	1,587	1,118	1,247	1,119	1,036
Free Cash Flow Growth	5.91%	41.94%	-10.33%	11.46%	8.02%	27.84%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	85.87%	86.36%	86.05%	89.36%	89.57%	89.73%
Operating Margin	31.40%	31.72%	30.11%	31.16%	30.43%	26.12%
Pretax Margin	31.25%	28.74%	30.07%	31.34%	29.35%	25.72%
Profit Margin	23.61%	20.94%	22.74%	25.46%	23.84%	23.29%
FCF Margin	28.76%	29.96%	24.09%	30.48%	31.41%	34.66%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 20, 2026	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
PE Ratio	64.78	76.73	78.07	71.17	51.91	74.21
Forward PE	37.93	40.58	44.38	48.22	37.24	54.88
P/FCF Ratio	52.87	53.62	73.71	59.43	39.39	49.87
PS Ratio	15.20	16.06	17.76	18.12	12.37	17.28