Cadence Design Systems, Inc. (CDNS)

NASDAQ: CDNS · Real-Time Price · USD

326.24

-4.22 (-1.28%)

At close: Jul 24, 2026, 4:00 PM EDT

328.13

+1.89 (0.58%)

After-hours: Jul 24, 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	Mar '26 Mar 31, 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	5,529	5,297	4,641	4,090	3,562	2,988
Revenue Growth	13.42%	14.12%	13.48%	14.83%	19.19%	11.38%
Gross Profit	4,759	4,575	3,994	3,655	3,190	2,681
Operating Income	1,562	1,492	1,351	1,251	1,074	779.09
Net Income	1,171	1,109	1,055	1,041	848.95	695.96
Earnings Per Share	4.29	4.06	3.85	3.82	3.09	2.50
EPS Growth	8.61%	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	Mar '26 Mar 31, 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	5,060	4,822	4,214	3,834	3,340	2,813
Services	468.95	475.17	427.76	255.63	221.52	175.3
Revenue (Total)	5,529	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	Mar '26 Mar 31, 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	1,407	3,001	2,644	1,008	882.33	1,089
Total Debt	2,906	2,480	2,476	649.06	748.08	347.59
Net Cash (Debt)	-1,500	521.17	167.85	359.1	134.25	741.35
Net Cash Growth	-	210.50%	-53.26%	167.49%	-81.89%	27.46%
Net Cash Per Share	-5.49	1.91	0.61	1.32	0.49	2.66

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,598	1,729	1,261	1,349	1,242	1,101
Capital Expenditures	-167.63	-141.87	-142.54	-102.34	-123.22	-65.3
Free Cash Flow	1,430	1,587	1,118	1,247	1,119	1,036
Free Cash Flow Growth	3.74%	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	Mar '26 Mar 31, 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	86.08%	86.36%	86.05%	89.36%	89.57%	89.73%
Operating Margin	28.25%	28.17%	29.10%	30.59%	30.15%	26.07%
Pretax Margin	28.84%	28.74%	30.07%	31.34%	29.35%	25.72%
Profit Margin	21.18%	20.94%	22.74%	25.46%	23.84%	23.29%
FCF Margin	25.86%	29.96%	24.09%	30.49%	31.41%	34.66%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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	76.04	76.99	78.04	71.30	51.99	74.54
Forward PE	40.06	40.58	44.38	48.22	37.24	54.88
P/FCF Ratio	62.93	53.54	73.60	59.35	39.16	49.80
PS Ratio	16.28	16.04	17.73	18.09	12.30	17.26