Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
387.18
-3.72 (-0.95%)
Jun 10, 2026, 2:03 PM EDT - Market open
Cadence Design Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Jan '22 Jan 1, 2022 | Oct '21 Oct 2, 2021 | Jul '21 Jul 3, 2021 |
| 1,474 | 1,440 | 1,339 | 1,275 | 1,242 | 1,356 | 1,216 | 1,061 | 1,009 | 1,069 | 1,023 | 976.58 | 1,022 | 899.88 | 902.55 | 857.52 | 901.77 | 773.04 | 750.9 | 728.29 | |
Revenue Growth (YoY) | 18.66% | 6.20% | 10.15% | 20.25% | 23.12% | 26.89% | 18.81% | 8.61% | -1.23% | 18.75% | 13.36% | 13.88% | 13.30% | 16.41% | 20.20% | 17.75% | 22.52% | 1.73% | 12.64% | 14.08% |
Cost of Revenue | 214.55 | 188.75 | 182.2 | 184.17 | 167.13 | 219.99 | 163.04 | 139.27 | 125.2 | 104.13 | 109.58 | 96.86 | 124.47 | 93.52 | 87.6 | 92.67 | 97.84 | 69.69 | 76.59 | 76.76 |
Gross Profit | 1,260 | 1,251 | 1,157 | 1,091 | 1,075 | 1,136 | 1,052 | 921.41 | 883.91 | 964.49 | 913.51 | 879.72 | 897.22 | 806.36 | 814.95 | 764.86 | 803.92 | 703.34 | 674.31 | 651.53 |
Selling, General & Admin | 299.7 | 310 | 270.6 | 269.62 | 265.8 | 270.63 | 261.34 | 250.16 | 249.31 | 256.11 | 234.77 | 221.68 | 220.19 | 239.88 | 226.61 | 190.72 | 189.12 | 213.81 | 186.39 | 176.3 |
Depreciation & Amortization Expenses | 20.21 | 11.58 | 10.23 | 9.2 | 8.92 | 9.15 | 9.15 | 6.67 | 5.41 | 4.98 | 4.61 | 4.3 | 4.27 | 4.93 | 3.95 | 4.63 | 4.96 | 4.98 | 5 | 5.03 |
Research & Development | 508.44 | 464.58 | 423.03 | 442.06 | 439.1 | 392.03 | 407.37 | 370.74 | 378.96 | 367.44 | 369.64 | 354.42 | 350.3 | 350.42 | 323.63 | 286.6 | 290.9 | 288.95 | 289.11 | 285.23 |
Other Operating Expenses | -0.01 | 1.86 | 27.39 | 128.59 | -0.11 | 7.3 | 24.54 | -0.03 | 0.28 | -0.57 | 11.58 | - | - | 0.01 | 0.01 | 0.02 | 0.01 | -0.08 | -0.22 | -0.47 |
Total Operating Expenses | 828.34 | 788.03 | 731.25 | 849.48 | 713.71 | 679.12 | 702.4 | 627.54 | 633.95 | 627.97 | 620.61 | 580.39 | 574.76 | 595.25 | 554.2 | 481.97 | 484.99 | 507.66 | 480.27 | 466.09 |
Operating Income | 431.33 | 463.34 | 425.39 | 241.8 | 361.52 | 456.88 | 350.06 | 293.88 | 249.96 | 336.53 | 292.91 | 299.33 | 322.46 | 211.12 | 260.75 | 282.89 | 318.93 | 195.68 | 194.03 | 185.44 |
Interest Expense | -31.61 | -29.44 | -29.04 | -28.95 | -29.12 | -29.91 | -24.5 | -12.91 | -8.69 | -8.99 | -9.06 | -8.88 | -9.26 | -9.08 | -5.46 | -4.28 | -4.11 | -4.25 | -4.2 | -4.32 |
Other Non-Operating Income (Expense) | 28.39 | 59.07 | -3.57 | 67.76 | 23.29 | 9.68 | 7.85 | 34.71 | 68.78 | 34.52 | 16.11 | 7.97 | 8.28 | 8.49 | -3.02 | -5.96 | -4.9 | 2.63 | -1.14 | 2.14 |
Total Non-Operating Income (Expense) | -3.23 | 29.63 | -32.61 | 38.81 | -5.83 | -20.22 | -16.64 | 21.81 | 60.09 | 25.53 | 7.05 | -0.9 | -0.98 | -0.59 | -8.48 | -10.24 | -9.01 | -1.63 | -5.34 | -2.17 |
Pretax Income | 428.1 | 492.96 | 392.78 | 280.61 | 355.69 | 436.65 | 333.41 | 315.71 | 310.04 | 362.06 | 299.95 | 298.42 | 321.49 | 210.53 | 252.27 | 272.65 | 309.92 | 194.05 | 188.7 | 183.27 |
Provision for Income Taxes | 92.44 | 104.83 | 105.66 | 120.56 | 82.11 | 96.44 | 95.3 | 86.19 | 62.4 | 38.16 | 45.63 | 77.3 | 79.68 | -29.87 | 65.97 | 85.73 | 74.59 | 17.48 | 12.39 | 27.37 |
Net Income | 335.66 | 388.14 | 287.12 | 160.05 | 273.58 | 340.21 | 238.11 | 229.52 | 247.64 | 323.9 | 254.32 | 221.12 | 241.8 | 240.39 | 186.31 | 186.92 | 235.34 | 176.58 | 176.31 | 155.9 |
Net Income to Common | 335.66 | 388.14 | 287.12 | 160.05 | 273.58 | 340.21 | 238.11 | 229.52 | 247.64 | 323.9 | 254.32 | 221.12 | 241.8 | 240.39 | 186.31 | 186.92 | 235.34 | 176.58 | 176.31 | 155.9 |
Net Income Growth | 22.69% | 14.09% | 20.58% | -30.27% | 10.47% | 5.04% | -6.37% | 3.80% | 2.42% | 34.74% | 36.51% | 18.30% | 2.75% | 36.14% | 5.67% | 19.90% | 25.73% | 1.64% | 9.08% | 18.75% |
Shares Outstanding (Basic) | 272 | 271 | 271 | 273 | 272 | 272 | 272 | 271 | 270 | 269 | 269 | 270 | 270 | 270 | 271 | 272 | 272 | 273 | 273 | 274 |
Shares Outstanding (Diluted) | 274 | 273 | 274 | 273 | 274 | 274 | 274 | 274 | 274 | 272 | 272 | 273 | 273 | 273 | 275 | 275 | 277 | 278 | 278 | 279 |
Shares Change (YoY) | 0.03% | -0.50% | -0.06% | -0.23% | 0.03% | 0.69% | 0.56% | 0.19% | 0.14% | -0.21% | -0.92% | -0.79% | -1.36% | -1.89% | -1.21% | -1.22% | -1.15% | -0.69% | -0.61% | -0.19% |
EPS (Basic) | 1.23 | 1.43 | 1.06 | 0.59 | 1.01 | 1.25 | 0.87 | 0.85 | 0.92 | 1.20 | 0.94 | 0.82 | 0.90 | 0.89 | 0.69 | 0.69 | 0.86 | 0.65 | 0.65 | 0.57 |
EPS (Diluted) | 1.23 | 1.42 | 1.05 | 0.59 | 1.00 | 1.24 | 0.87 | 0.84 | 0.91 | 1.19 | 0.93 | 0.81 | 0.89 | 0.88 | 0.68 | 0.68 | 0.85 | 0.63 | 0.63 | 0.56 |
EPS Growth | 23.00% | 14.52% | 20.69% | -29.76% | 9.89% | 4.20% | -6.45% | 3.70% | 2.25% | 35.23% | 36.77% | 19.12% | 4.71% | 39.68% | 7.94% | 21.43% | 26.87% | 1.61% | 8.62% | 19.15% |
Free Cash Flow | 306.96 | 512.45 | 276.98 | 333.52 | 463.96 | 404.16 | 383.46 | 126.77 | 203.63 | 238.39 | 373.94 | 393.83 | 240.68 | 226.72 | 273.02 | 300.47 | 318.48 | 200.54 | 277.45 | 366.21 |
Free Cash Flow Growth | -33.84% | 26.80% | -27.77% | 163.10% | 127.84% | 69.54% | 2.55% | -67.81% | -15.39% | 5.15% | 36.96% | 31.07% | -24.43% | 13.05% | -1.60% | -17.95% | 66.33% | 91.99% | 48.89% | 13.11% |
Free Cash Flow Per Share | 1.12 | 1.88 | 1.01 | 1.22 | 1.70 | 1.47 | 1.40 | 0.46 | 0.74 | 0.88 | 1.37 | 1.44 | 0.88 | 0.83 | 0.99 | 1.09 | 1.15 | 0.72 | 1.00 | 1.31 |
Gross Margin | 85.45% | 86.89% | 86.39% | 85.56% | 86.55% | 83.78% | 86.59% | 86.87% | 87.59% | 90.26% | 89.29% | 90.08% | 87.82% | 89.61% | 90.29% | 89.19% | 89.15% | 90.98% | 89.80% | 89.46% |
Operating Margin | 29.26% | 32.17% | 31.77% | 18.96% | 29.10% | 33.69% | 28.80% | 27.71% | 24.77% | 31.49% | 28.63% | 30.65% | 31.56% | 23.46% | 28.89% | 32.99% | 35.37% | 25.31% | 25.84% | 25.46% |
Profit Margin | 22.77% | 26.95% | 21.45% | 12.55% | 22.02% | 25.09% | 19.59% | 21.64% | 24.54% | 30.31% | 24.86% | 22.64% | 23.67% | 26.71% | 20.64% | 21.80% | 26.10% | 22.84% | 23.48% | 21.41% |
FCF Margin | 20.82% | 35.58% | 20.69% | 26.15% | 37.34% | 29.81% | 31.55% | 11.95% | 20.18% | 22.31% | 36.55% | 40.33% | 23.56% | 25.19% | 30.25% | 35.04% | 35.32% | 25.94% | 36.95% | 50.28% |
EBITDA | 515.95 | 527.89 | 482.07 | 295.47 | 414.44 | 511.56 | 405.11 | 341.52 | 289.51 | 375.04 | 329.26 | 335.36 | 356.86 | 245.03 | 291.24 | 315.75 | 353.75 | 231.03 | 229.2 | 221.02 |
EBITDA Margin | 35.00% | 36.66% | 36.01% | 23.17% | 33.36% | 37.73% | 33.33% | 32.20% | 28.69% | 35.10% | 32.18% | 34.34% | 34.93% | 27.23% | 32.27% | 36.82% | 39.23% | 29.89% | 30.52% | 30.35% |
EBIT | 431.33 | 463.34 | 425.39 | 241.8 | 361.52 | 456.88 | 350.06 | 293.88 | 249.96 | 336.53 | 292.91 | 299.33 | 322.46 | 211.12 | 260.75 | 282.89 | 318.93 | 195.68 | 194.03 | 185.44 |
EBIT Margin | 29.26% | 32.17% | 31.77% | 18.96% | 29.10% | 33.69% | 28.80% | 27.71% | 24.77% | 31.49% | 28.63% | 30.65% | 31.56% | 23.46% | 28.89% | 32.99% | 35.37% | 25.31% | 25.84% | 25.46% |
Effective Tax Rate | 21.59% | 21.26% | 26.90% | 42.96% | 23.09% | 22.09% | 28.58% | 27.30% | 20.13% | 10.54% | 15.21% | 25.90% | 24.79% | -14.19% | 26.15% | 31.44% | 24.07% | 9.01% | 6.57% | 14.93% |