Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
282.92
-6.45 (-2.23%)
Sep 14, 2026, 11:33 AM 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 | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
| 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 | 750.9 | |
Revenue Growth (YoY) | 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% | 12.64% |
Cost of Revenue | 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 | 76.59 |
Gross Profit | 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 | 674.31 |
Selling, General & Admin | 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 | 186.29 |
Research & Development | 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 | 289.11 |
Amortization of Goodwill & Intangibles | 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 | 5 |
Operating Expenses | 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 | 480.4 |
Operating Income | 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 | 193.91 |
Interest Expense | -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 | -4.2 |
Interest & Investment Income | 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) | 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) | 0.89 | -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 | -1.14 |
EBT Excluding Unusual Items | 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 | 188.57 |
Merger & Restructuring Charges | -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 | 0.12 |
Gain (Loss) on Sale of Investments | 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 | 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 | 188.7 |
Income Tax Expense | 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 | 12.39 |
Net Income | 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 | 176.31 |
Net Income to Common | 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 | 176.31 |
Net Income Growth (YoY) | 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% | 9.08% |
Shares Outstanding (Basic) | 274 | 272 | 271 | 271 | 271 | 272 | 272 | 272 | 271 | 270 | 269 | 269 | 270 | 270 | 270 | 271 | 272 | 272 | 273 | 273 |
Shares Outstanding (Diluted) | 276 | 274 | 273 | 274 | 273 | 274 | 274 | 274 | 274 | 274 | 272 | 272 | 273 | 273 | 273 | 275 | 275 | 277 | 278 | 278 |
Shares Change (YoY) | 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% | -0.61% |
EPS (Basic) | 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 | 0.65 |
EPS (Diluted) | 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 | 0.63 |
EPS Growth (YoY) | 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% | 8.62% |
Additional Metrics
Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 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 | 277.45 |
Free Cash Flow Per Share | 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 | 1.00 |
Gross Margin | 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% | 89.80% |
Operating Margin | 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% | 25.82% |
Profit Margin | 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% | 23.48% |
Free Cash Flow Margin | 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% | 36.95% |
EBITDA | 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 | 229.08 |
EBITDA Margin | 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% | 30.51% |
D&A For EBITDA | 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 | 35.16 |
EBIT | 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 | 193.91 |
EBIT Margin | 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% | 25.82% |
Effective Tax Rate | 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% | 6.57% |
Revenue as Reported | 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 | 750.9 |