Cadence Design Systems, Inc. (CDNS)

NASDAQ: CDNS · Real-Time Price · USD

327.89

-14.86 (-4.34%)

At close: Oct 30, 2026, 4:00 PM EDT

328.79

+0.90 (0.27%)

After-hours: Oct 30, 2026, 7:57 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	Sep '26 Sep 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	6,132	5,297	4,641	4,090	3,562	2,988
Revenue Growth	17.64%	14.12%	13.48%	14.83%	19.19%	11.38%
Gross Profit	5,254	4,575	3,994	3,655	3,190	2,681
Operating Income	1,836	1,680	1,397	1,274	1,084	780.64
Net Income	1,381	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	29.62%	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	Sep '26 Sep 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	5,599	4,822	4,214	3,834	3,340	2,813
Services	532.67	475.17	427.76	255.63	221.52	175.3
Revenue (Total)	6,132	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	Sep '26 Sep 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	1,543	3,156	2,785	1,139	886.82	1,095
Total Debt	2,813	2,666	2,627	806.03	924.15	479.98
Net Cash (Debt)	-1,269	489.2	158.03	332.48	-37.34	614.92
Net Cash Growth	-	209.57%	-52.47%	-	-	40.31%
Net Cash Per Share	-4.62	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	Sep '26 Sep 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	1,968	1,729	1,261	1,349	1,242	1,101
Capital Expenditures	-204.3	-141.87	-142.54	-102.34	-123.22	-65.3
Free Cash Flow	1,764	1,587	1,118	1,247	1,119	1,036
Free Cash Flow Growth	19.28%	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	Sep '26 Sep 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	85.68%	86.36%	86.05%	89.36%	89.57%	89.73%
Operating Margin	29.94%	31.72%	30.11%	31.16%	30.43%	26.12%
Pretax Margin	30.00%	28.74%	30.07%	31.34%	29.35%	25.72%
Profit Margin	22.52%	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	Nov '26 Nov 1, 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	65.19	76.73	78.07	71.17	51.91	74.21
Forward PE	34.80	40.58	44.38	48.22	37.24	54.88
P/FCF Ratio	51.01	53.62	73.71	59.43	39.39	49.87
PS Ratio	14.67	16.06	17.76	18.12	12.37	17.28