Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
321.59
-2.18 (-0.67%)
Aug 14, 2026, 9:34 AM EDT - Market open

Cadence Design Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Revenue
5,8385,2974,6414,0903,5622,988
Revenue Growth
14.70%14.12%13.48%14.83%19.19%11.38%
Gross Profit
5,0134,5753,9943,6553,1902,681
Operating Income
1,7701,4921,3511,2511,074779.09
Net Income
1,3781,1091,0551,041848.95695.96
Earnings Per Share
5.034.063.853.823.092.50
EPS Growth
35.95%5.46%0.78%23.63%23.60%18.48%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Product & Maintenance
5,3204,8224,2143,8343,3402,813
Services
517.8475.17427.76255.63221.52175.3
Revenue (Total)
5,8385,2974,6414,0903,5622,988

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Cash & Investments
1,4403,0012,6441,008882.331,089
Total Debt
2,4822,4802,476649.06748.08347.59
Net Cash (Debt)
-1,042521.17167.85359.1134.25741.35
Net Cash Growth
-210.50%-53.26%167.49%-81.89%27.46%
Net Cash Per Share
-3.801.910.611.320.492.66

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Operating Cash Flow
1,8551,7291,2611,3491,2421,101
Capital Expenditures
-176.17-141.87-142.54-102.34-123.22-65.3
Free Cash Flow
1,6791,5871,1181,2471,1191,036
Free Cash Flow Growth
5.91%41.94%-10.33%11.46%8.02%27.84%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Gross Margin
85.87%86.36%86.05%89.36%89.57%89.73%
Operating Margin
30.33%28.17%29.10%30.59%30.15%26.07%
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%30.49%31.41%34.66%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
PE Ratio
64.3776.9978.0471.3051.9974.54
Forward PE
37.7240.5844.3848.2237.2454.88
P/FCF Ratio
53.1253.5473.6059.3539.1649.80
PS Ratio
15.2716.0417.7318.0912.3017.26