Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems Income Statement

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

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Jan 1, 2022
Revenue	1,633	1,584	1,474	1,440	1,339	1,275	1,242	1,356	1,215	1,061	1,009	1,069	1,023	976.58	1,022	899.88	902.55	857.52	901.77	773.04
Revenue Growth (YoY)	22.00%	24.23%	18.66%	6.21%	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%
Cost of Revenue	235.62	239.32	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
Gross Profit	1,398	1,345	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
Selling, General & Admin	353.9	326.78	293.2	302.5	253.6	265.62	263.8	269.33	260.34	246.76	249.31	254.31	230.47	218.58	217.29	239.88	223.01	184.42	189.12	213.21
Research & Development	537.54	531.27	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
Amortization of Goodwill & Intangibles	33.78	34.32	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
Operating Expenses	925.22	892.37	821.85	778.66	686.86	716.89	711.82	670.51	676.86	624.17	633.67	626.73	604.73	577.29	571.86	595.23	550.59	475.65	484.98	507.14
Operating Income	472.48	452.76	437.82	472.7	469.78	374.39	363.41	465.48	375.59	297.24	250.24	337.76	308.79	302.43	325.36	211.13	264.37	289.2	318.94	196.2
Interest Expense	-30.38	-35.14	-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
Interest & Investment Income	9.22	9.94	18.27	24.76	24.63	25.98	26.22	27.15	16.93	8.89	9.51	7.38	8.45	7.43	-	10.1	-	-	-	2.63
Currency Exchange Gain (Loss)	-1.68	0.91	-0.44	-13.72	-19.01	-4.17	0.81	-2.71	2.78	-0.71	-0.33	-0.84	-3.57	-0.04	-	-0.46	-	-	-	-2.79
Other Non Operating Income (Expenses)	-0.3	0.89	-0.54	-0.99	-0.43	-0.27	-0.38	-0.19	-0.29	-0.34	-0.38	-0.18	-0.32	-1.93	8.28	4.28	-3.02	-5.96	-4.9	2.2
EBT Excluding Unusual Items	449.34	429.36	423.5	453.31	445.94	366.98	360.95	459.83	370.53	292.18	250.34	335.13	304.3	299.02	324.39	215.96	255.89	278.96	309.93	193.99
Merger & Restructuring Charges	-43.76	-2.45	-6.5	-9.36	-44.39	-4.05	-1.89	-0.28	-25.54	-3.37	-0.28	-1.23	-15.88	-3.1	-2.9	-0.01	-3.61	-6.32	-0.01	-0.52
Gain (Loss) on Sale of Investments	2.75	83.32	11.1	49.02	-8.76	46.22	-14.86	-14.57	-11.57	26.9	59.98	28.16	11.54	2.51	-	-5.43	-	-	-	0.58
Gain (Loss) on Sale of Assets	-	-	-	-	-	-	11.5	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal Settlements	-	-	-	-	-	-128.55	-	-8.32	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	408.34	510.23	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
Income Tax Expense	118.59	143.16	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
Net Income	289.75	367.08	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
Net Income to Common	289.75	367.08	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
Net Income Growth (YoY)	0.91%	129.35%	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%
Shares Outstanding (Basic)	274	274	272	271	271	271	272	272	272	271	270	269	269	270	270	270	271	272	272	273
Shares Outstanding (Diluted)	275	276	274	273	274	273	274	274	274	274	274	272	272	273	273	273	275	275	277	278
Shares Change (YoY)	0.54%	1.20%	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%
EPS (Basic)	1.06	1.34	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
EPS (Diluted)	1.05	1.33	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	0.64
EPS Growth (YoY)	0%	125.44%	23.00%	14.63%	20.69%	-29.77%	9.89%	4.12%	-6.45%	3.70%	2.25%	35.11%	36.77%	19.12%	4.71%	37.64%	7.94%	21.43%	26.87%	3.28%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Jan 1, 2022
Free Cash Flow	361.92	582.3	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
Free Cash Flow Per Share	1.31	2.11	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
Gross Margin	85.57%	84.90%	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%
Operating Margin	28.93%	28.57%	29.70%	32.82%	35.09%	29.35%	29.25%	34.33%	30.90%	28.02%	24.80%	31.61%	30.18%	30.97%	31.85%	23.46%	29.29%	33.73%	35.37%	25.38%
Profit Margin	17.74%	23.17%	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%
Free Cash Flow Margin	22.16%	36.75%	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%
EBITDA	591.02	569.75	522.45	537.26	526.46	428.07	416.33	520.16	430.64	344.89	289.79	376.27	345.14	338.46	359.76	245.04	294.85	322.07	353.77	231.55
EBITDA Margin	36.19%	35.96%	35.44%	37.31%	39.32%	33.56%	33.51%	38.36%	35.43%	32.52%	28.72%	35.21%	33.73%	34.66%	35.21%	27.23%	32.67%	37.56%	39.23%	29.95%
D&A For EBITDA	118.55	116.99	84.62	64.56	56.68	53.68	52.92	54.68	55.05	47.65	39.56	38.51	36.35	36.03	34.4	33.91	30.49	32.87	34.83	35.35
EBIT	472.48	452.76	437.82	472.7	469.78	374.39	363.41	465.48	375.59	297.24	250.24	337.76	308.79	302.43	325.36	211.13	264.37	289.2	318.94	196.2
EBIT Margin	28.93%	28.57%	29.70%	32.82%	35.09%	29.35%	29.25%	34.33%	30.90%	28.02%	24.80%	31.61%	30.18%	30.97%	31.85%	23.46%	29.29%	33.73%	35.37%	25.38%
Effective Tax Rate	29.04%	28.06%	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%	-	26.15%	31.44%	24.07%	9.01%
Revenue as Reported	1,633	1,584	1,474	1,440	1,339	1,275	1,242	1,356	1,215	1,061	1,009	1,069	1,023	976.58	1,022	899.88	902.55	857.52	901.77	773.04

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error