85/100BCadence Design Systems financials
Yes. Cadence Design Systems earned 1.38B USD of net income over the last twelve months, 22.5% of its revenue. It made a profit in 34 of its 40 fiscal years since 1986. Its last loss was in fiscal year 2009.
- Revenue (TTM)
- 6.13B USD
- Net income (TTM)
- 1.38B USD
- Free cash flow (TTM)
- 1.76B USD
- Cash and short-term investments
- 1.45B USD
- Total debt
- 2.81B USD
- Shareholders' equity
- 6.88B USD
Cash, debt and equity as of 30 Sept 2026.
Cadence Design Systems earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 2.52 | — | — | +19.42% | 1.87B | — | — | +14.22% | |
| Q2 FY2027 | 2.42 | — | — | +14.83% | 1.80B | — | — | +13.41% | |
| Q1 FY2027 | 2.25 | — | — | +14.85% | 1.72B | — | — | +16.47% | |
| Q4 FY2026 | 2.23 | — | — | +12.06% | 1.72B | — | — | +19.10% | |
| Q3 FY2026 | 2.05 | 2.11 | +2.93% | +9.33% | 1.61B | 1.63B | +1.26% | +21.99% | |
| Q2 FY2026 | 2.05 | 2.11 | +2.93% | +27.88% | 1.58B | 1.58B | +0.48% | +24.23% | |
| Q1 FY2026 | 1.91 | 1.96 | +2.62% | +24.84% | 1.46B | 1.47B | +1.24% | +18.66% | |
| Q4 FY2025 | 1.91 | 1.99 | +4.19% | +5.85% | 1.42B | 1.44B | +1.13% | +6.20% | |
| Q3 FY2025 | 1.79 | 1.93 | +7.82% | +17.68% | 1.32B | 1.34B | +1.21% | +10.15% | |
| Q2 FY2025 | 1.56 | 1.65 | +5.77% | +28.91% | 1.25B | 1.28B | +2.04% | +20.25% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 11.40 | — | — | +15.70% | 8.25B | — | — | +12.46% |
| FY2027 | 9.85 | — | — | +17.20% | 7.34B | — | — | +14.52% |
| FY2026 | 8.41 | — | — | +17.75% | 6.41B | — | — | +20.93% |
| FY2025 | 7.06 | 7.14 | +1.12% | +19.60% | 5.28B | 5.30B | +0.30% | +14.12% |
| FY2024 | 5.92 | 5.97 | +0.87% | +15.92% | 4.63B | 4.64B | +0.17% | +13.48% |
| FY2023 | 5.11 | 5.15 | +0.79% | +20.61% | 4.08B | 4.09B | +0.14% | +14.83% |
| FY2022 | 4.23 | 4.27 | +0.96% | +29.00% | 3.55B | 3.56B | +0.40% | +19.19% |
Cadence Design Systems growth and profitability
Full income statement- Revenue (TTM)
- 6.13B USD
- Net income (TTM)
- 1.38B USD
- Gross margin
- 85.68%
- Operating margin
- 28.95%
- Net margin
- 22.51%
Revenue / Net income
How Cadence Design Systems makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Cadence Design Systems revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Product and maintenance | 4.82B | 91.0% | +14.4% |
| Technology Service | 475.17M | 9.0% | +11.1% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Americas | 2.48B | 26.2% | +10.1% |
| United States | 2.31B | 24.4% | — |
| Asia | 1.69B | 17.8% | +17.9% |
| Other Asia | 1.01B | 10.6% | — |
| EMEA | 790.57M | 8.4% | +13.1% |
| China | 679.97M | 7.2% | — |
| Japan | 341.67M | 3.6% | +31.3% |
| Other America | 168.35M | 1.8% | — |
Operating and free cash flow
Full cash flow statementCadence Design Systems financial health
Full balance sheet- Cash and short-term investments
- 1.45B USD
- Total debt
- 2.81B USD
- Net cash
- -1.36B USD
- Free cash flow (TTM)
- 1.76B USD
- Current ratio
- 1.36
- Debt to equity
- 0.41
- Piotroski score
- 5 / 9
- Altman Z-score
- 11.72
Cash, debt and free cash flow
Assets, liabilities and equity
Cadence Design Systems valuation
- Price to earnings ratio (TTM)
- 63.21
- Forward P/E (FY2026)
- 38.04
- Price to sales (TTM)
- 14.31
- Price to book
- 12.77
- EV / EBITDA (TTM)
- 37.82
Capital structure
Valuation over time
Cadence Design Systems against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Intuit, Snowflake, Adobe, ServiceNow, Meta Platforms, Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock, and AppLovin, the US Software - Application companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median63.249.3100.3
- Gross marginBelow its median86.4%86.0%89.7%Against its peers: 3 of 6Peers' median 80.2%
- Operating marginHighest in 5 years31.1%26.1%31.1%Against its peers: 3 of 6Peers' median 28.8%
- Net marginLowest in 5 years20.9%20.9%25.5%Against its peers: 4 of 6Peers' median 21.3%
- Return on equityLowest in 5 years20.3%20.3%30.9%Against its peers: 4 of 6Peers' median 24.0%
- Free cash flow marginBelow its median30.0%24.1%34.6%Against its peers: 5 of 6Peers' median 40.2%
- Revenue growthAt its median14.1%11.4%19.2%Against its peers: 4 of 6Peers' median 20.9%
- EPS growthBelow its median5.5%0.8%23.6%Against its peers: 5 of 5Peers' median 28.5%
- Debt to EBITDAAbove its median1.32×0.50×1.55×Against its peers: 5 of 5Peers' median 0.81×
- Current ratioAbove its median2.861.242.93Against its peers: 2 of 6Peers' median 1.30
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Cadence Design Systems ownership
- Institutions
- 90.08%
- Institutional holders
- 1,584 (+119)
- Free float
- 99.56%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 2 | 1.00K | 4.25K |
| Q3 2026 | 0 | 23 | 5.00K | 36.75K |
| Q2 2026 | 0 | 52 | 70.60K | 255.58K |
| Q1 2026 | 0 | 12 | 465.90K | 192.54K |
Shares outstanding
Common questions about Cadence Design Systems's financials
Source: Financial Modeling Prep