CADENCE DESIGN SYSTEMS INC (CDNS)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2026-Mar-312025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Oct-012022-Jul-022022-Apr-022022-Jan-012021-Oct-022021-Jul-032021-Apr-032021-Jan-022020-Sep-262020-Jun-272020-Mar-282019-Dec-282019-Sep-282019-Jun-292019-Mar-302018-Dec-292018-Sep-292018-Jun-302018-Mar-312017-Dec-302017-Sep-302017-Jul-012017-Apr-012016-Dec-312016-Oct-012016-Jul-022016-Apr-022016-Jan-022015-Oct-032015-Jul-042015-Apr-042015-Jan-032014-Sep-272014-Jun-28
Fiscal PeriodQ1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014
Total Revenue1,474,220,000$1,440,114,000$1,338,838,000$1,275,441,000$1,242,366,000$1,355,981,000$1,215,499,000$1,060,681,000$1,009,103,000$1,068,623,000$1,023,094,000$976,579,000$1,021,690,000$899,877,000$902,554,000$857,521,000$901,766,000$773,036,000$750,895,000$728,285,000$736,028,000$759,909,000$666,607,000$638,418,000$617,957,000$599,555,000$579,603,000$580,419,000$576,742,000$569,850,000$532,468,000$518,391,000$517,313,000$501,722,000$485,398,000$479,001,000$476,911,000$468,980,000$446,220,000$453,021,000$447,862,000$441,079,000$433,763,000$415,883,000$411,366,000$423,098,000$400,496,000$378,788,000$
QoQ%2.37%7.56%4.97%2.66%(8.38%)11.56%14.60%5.11%(5.57%)4.45%4.76%(4.42%)13.54%(.30%)5.25%(4.91%)16.65%2.95%3.11%(1.05%)(3.14%)14.00%4.42%3.31%3.07%3.44%(.14%).64%1.21%7.02%2.72%.21%3.11%3.36%1.34%.44%1.69%5.10%(1.50%)1.15%1.54%1.69%4.30%1.10%(2.77%)5.64%5.73%.06%
YoY%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%14.08%19.11%26.75%15.01%9.99%7.15%5.21%8.85%11.97%11.49%13.58%9.70%8.22%8.47%6.98%8.78%5.74%6.49%6.33%2.87%8.93%8.87%4.25%8.31%9.79%8.67%12.31%9.23%4.50%
Cost Of Revenue30,739,000$18,651,000$15,751,000$14,499,000$16,494,000$17,623,000$17,615,000$13,488,000$11,348,000$11,939,000$10,991,000$10,618,000$10,260,000$10,442,000$8,867,000$10,068,000$11,971,000$11,802,000$11,774,000$12,232,000$11,768,000$12,393,000$11,447,000$11,484,000$10,860,000$9,873,000$9,925,000$11,299,000$9,854,000$9,474,000$9,505,000$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit1,443,481,000$1,421,463,000$1,323,087,000$1,260,942,000$1,225,872,000$1,338,358,000$1,197,884,000$1,047,193,000$997,755,000$1,056,684,000$1,012,103,000$965,961,000$1,011,430,000$889,435,000$893,687,000$847,453,000$889,795,000$761,234,000$739,121,000$716,053,000$724,260,000$747,516,000$655,160,000$626,934,000$607,097,000$589,682,000$569,678,000$569,120,000$566,888,000$560,376,000$522,963,000$518,391,000$517,313,000$501,722,000$485,398,000$479,001,000$476,911,000$468,980,000$446,220,000$453,021,000$447,862,000$441,079,000$433,763,000$415,883,000$411,366,000$423,098,000$400,496,000$378,788,000$
Gross Margin97.92%98.71%98.82%98.86%98.67%98.70%98.55%98.73%98.88%98.88%98.93%98.91%99.00%98.84%99.02%98.83%98.67%98.47%98.43%98.32%98.40%98.37%98.28%98.20%98.24%98.35%98.29%98.05%98.29%98.34%98.22%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses1,012,152,000$958,128,000$897,697,000$1,019,145,000$864,352,000$881,483,000$847,828,000$753,317,000$747,799,000$720,156,000$719,197,000$666,633,000$688,967,000$678,318,000$632,935,000$564,565,000$570,866,000$565,554,000$545,087,000$530,615,000$520,323,000$562,537,000$485,888,000$474,984,000$467,746,000$480,783,000$448,852,000$435,445,000$438,492,000$446,686,000$419,333,000$425,335,000$431,480,000$420,444,000$405,013,000$396,311,000$397,309,000$415,863,000$379,378,000$386,115,000$389,826,000$359,239,000$355,862,000$339,479,000$362,081,000$348,312,000$346,447,000$343,291,000$
Operating Income431,329,000$463,335,000$425,390,000$241,797,000$361,520,000$456,875,000$350,056,000$293,876,000$249,956,000$336,528,000$292,906,000$299,328,000$322,463,000$211,117,000$260,752,000$282,888,000$318,929,000$195,680,000$194,034,000$185,438,000$203,937,000$184,979,000$169,272,000$151,950,000$139,351,000$108,899,000$120,826,000$133,675,000$128,396,000$113,690,000$103,630,000$93,056,000$85,833,000$81,278,000$80,385,000$82,690,000$79,602,000$53,117,000$66,842,000$66,906,000$58,036,000$81,840,000$77,901,000$76,404,000$49,285,000$74,786,000$54,049,000$35,497,000$
Operating Margin29.26%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%27.71%24.34%25.39%23.80%22.55%18.16%20.85%23.03%22.26%19.95%19.46%17.95%16.59%16.20%16.56%17.26%16.69%11.33%14.98%14.77%12.96%18.55%17.96%18.37%11.98%17.68%13.50%9.37%
Interest Income18,265,000$24,757,000$24,627,000$25,978,000$26,222,000$27,154,000$16,933,000$8,885,000$9,512,000$7,384,000$8,453,000$7,427,000$6,373,000$337,000$507,000$498,000$
Interest Expenses31,613,000$29,440,000$29,035,000$28,948,000$29,118,000$29,907,000$24,495,000$12,905,000$8,692,000$8,989,000$9,059,000$8,877,000$9,260,000$9,082,000$5,463,000$4,281,000$4,108,000$4,251,000$4,196,000$4,316,000$4,217,000$4,873,000$5,325,000$5,914,000$4,637,000$4,222,000$4,240,000$4,976,000$5,391,000$4,318,000$5,177,000$6,669,000$6,975,000$6,712,000$6,225,000$6,248,000$6,479,000$6,364,000$6,053,000$5,896,000$5,357,000$4,200,000$4,177,000$8,180,000$11,754,000$11,961,000$7,523,000$7,369,000$
Income Before Tax428,103,000$492,961,000$392,783,000$280,607,000$355,692,000$436,652,000$333,414,000$315,710,000$310,043,000$362,062,000$299,953,000$298,424,000$321,487,000$210,525,000$252,272,000$272,645,000$309,921,000$194,054,000$188,695,000$183,265,000$202,421,000$186,189,000$165,713,000$150,666,000$130,180,000$105,425,000$116,708,000$128,589,000$128,246,000$108,637,000$99,559,000$90,025,000$78,169,000$76,951,000$86,547,000$77,366,000$74,182,000$52,234,000$63,625,000$63,852,000$57,442,000$80,150,000$75,563,000$69,571,000$42,312,000$66,704,000$46,109,000$29,763,000$
Tax Expenses92,443,000$104,825,000$105,661,000$120,556,000$82,113,000$96,442,000$95,303,000$86,190,000$62,400,000$38,163,000$45,632,000$77,304,000$79,683,000$(29,867,000$)65,967,000$85,725,000$74,586,000$17,475,000$12,388,000$27,365,000$15,252,000$12,451,000$4,083,000$19,378,000$6,192,000$(554,250,000$)15,194,000$21,354,000$7,691,000$10,212,000$241,000$14,876,000$5,284,000$91,393,000$5,390,000$8,239,000$5,923,000$13,757,000$(1,087,000$)14,517,000$6,880,000$(224,000$)(2,061,000$)11,411,000$6,053,000$1,674,000$8,574,000$6,500,000$
Net Income335,660,000$388,136,000$287,122,000$160,051,000$273,579,000$340,210,000$238,111,000$229,520,000$247,643,000$323,899,000$254,321,000$221,120,000$241,804,000$240,392,000$186,305,000$186,920,000$235,335,000$176,579,000$176,307,000$155,900,000$187,169,000$173,738,000$161,630,000$131,288,000$123,988,000$659,675,000$101,514,000$107,235,000$120,555,000$98,425,000$99,318,000$75,149,000$72,885,000$(14,442,000$)81,157,000$69,127,000$68,259,000$38,477,000$64,712,000$49,335,000$50,562,000$80,374,000$77,624,000$58,160,000$36,259,000$65,030,000$37,535,000$23,263,000$
Profit Margin22.77%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%25.43%22.86%24.25%20.57%20.06%110.03%17.51%18.48%20.90%17.27%18.65%14.50%14.09%(2.88%)16.72%14.43%14.31%8.20%14.50%10.89%11.29%18.22%17.90%13.99%8.81%15.37%9.37%6.14%
TTM21.18%20.94%20.35%19.88%22.19%22.74%23.87%25.36%25.68%25.46%24.42%23.41%23.24%23.84%22.86%23.61%23.59%23.29%23.30%23.47%23.34%22.02%42.68%41.74%41.74%42.33%18.54%18.83%17.91%16.17%11.25%10.62%10.52%10.50%13.46%12.86%11.97%11.18%13.70%14.52%15.34%14.83%14.08%11.93%10.04%10.05%8.57%8.83%
Earnings to Minority
Earnings to Common Shareholders335,660,000$388,136,000$287,122,000$160,051,000$273,579,000$340,210,000$238,111,000$229,520,000$247,643,000$323,899,000$254,321,000$221,120,000$241,804,000$240,392,000$186,305,000$186,920,000$235,335,000$176,579,000$176,307,000$155,900,000$187,169,000$173,738,000$161,630,000$131,288,000$123,988,000$659,675,000$101,514,000$107,235,000$120,555,000$98,425,000$99,318,000$75,149,000$72,885,000$(14,442,000$)81,157,000$69,127,000$68,259,000$38,477,000$64,712,000$49,335,000$50,562,000$80,374,000$77,624,000$58,160,000$36,259,000$65,030,000$37,535,000$23,263,000$
QoQ%(13.52%)35.18%79.39%(41.50%)(19.59%)42.88%3.74%(7.32%)(23.54%)27.36%15.02%(8.55%).59%29.03%(.33%)(20.57%)33.28%.15%13.09%(16.71%)7.73%7.49%23.11%5.89%(81.21%)549.84%(5.34%)(11.05%)22.48%(.90%)32.16%3.11%604.67%(117.80%)17.40%1.27%77.40%(40.54%)31.17%(2.43%)(37.09%)3.54%33.47%60.40%(44.24%)73.25%61.35%(29.66%)
YoY%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%50.96%(73.66%)59.22%22.43%2.85%570.23%2.21%42.70%65.40%781.52%22.38%8.71%6.78%(137.53%)25.41%40.12%35.00%(52.13%)(16.63%)(15.17%)39.45%23.60%106.80%150.01%9.64%72.47%(2.51%)146.72%
Earnings Per Share, Basic1.23$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$0.68$0.63$0.59$0.48$0.45$2.41$0.37$0.39$0.44$0.36$0.36$0.27$0.27$(0.05$)0.30$0.25$0.25$0.14$0.23$0.17$0.17$0.27$0.27$0.20$0.13$0.23$0.13$0.08$
Earnings Per Share, Diluted1.23$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$0.67$0.62$0.58$0.47$0.44$2.36$0.36$0.38$0.43$0.35$0.35$0.27$0.26$(0.05$)0.29$0.25$0.25$0.14$0.23$0.17$0.17$0.26$0.25$0.19$0.12$0.21$0.12$0.08$
Unlevered FCF Per Share, Basic1.13$1.89$1.02$1.23$1.71$1.49$1.41$0.47$0.76$0.89$1.39$1.46$0.89$0.84$1.01$1.11$1.17$0.73$1.02$1.34$0.70$0.38$0.68$1.18$0.72$0.48$0.44$0.85$0.62$0.41$0.36$0.68$0.53$0.40$0.28$0.55$0.29$0.68$0.25$0.22$0.24$0.38$0.27$0.37$0.14$0.42$0.27$0.20$
Unlevered FCF Per Share, Diluted1.12$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$0.68$0.37$0.67$1.16$0.70$0.47$0.43$0.82$0.61$0.40$0.35$0.67$0.51$0.38$0.27$0.53$0.28$0.67$0.24$0.22$0.23$0.36$0.25$0.34$0.13$0.39$0.25$0.19$
Average Shares, Basic272,061,000270,913,000271,152,000271,294,000271,973,000272,086,000272,244,000270,912,000269,606,000269,080,000269,229,000269,714,000269,501,000269,710,000271,131,000271,520,000272,431,000273,236,000273,194,000273,565,000274,021,000274,008,000273,996,000273,432,000273,476,000273,402,000273,329,000273,159,000273,066,000273,863,000273,716,000273,564,000273,773,000273,172,000273,156,000271,887,000270,173,000272,580,000280,622,000288,191,000296,615,000297,434,000284,818,000285,297,000284,523,000283,975,000284,462,000283,344,000
Average Shares, Diluted273,725,000272,920,000273,798,000272,899,000273,631,000274,310,000273,958,000273,520,000273,544,000272,410,000272,427,000272,996,000273,159,000272,997,000274,957,000275,172,000276,918,000278,423,000278,311,000278,558,000280,140,000280,195,000280,024,000279,080,000279,265,000279,725,000280,666,000281,054,000280,615,000280,505,000281,646,000280,774,000281,651,000282,222,000281,400,000279,526,000277,736,000278,916,000287,473,000295,201,000303,434,000310,510,000313,186,000313,665,000311,847,000310,316,000309,995,000305,755,000
EBIT459,716,000$522,401,000$421,818,000$309,555,000$384,810,000$466,559,000$357,909,000$328,615,000$318,735,000$371,051,000$309,012,000$307,301,000$330,747,000$219,607,000$257,735,000$276,926,000$314,029,000$198,305,000$192,891,000$187,581,000$206,638,000$191,062,000$171,038,000$156,580,000$134,817,000$109,647,000$120,948,000$133,565,000$133,637,000$112,955,000$104,736,000$96,694,000$85,144,000$83,663,000$92,772,000$83,614,000$80,661,000$58,598,000$69,678,000$69,748,000$62,799,000$84,350,000$79,740,000$77,751,000$54,066,000$78,665,000$53,632,000$37,132,000$
EBITDA544,338,000$586,960,000$478,495,000$363,231,000$437,726,000$521,242,000$412,959,000$376,261,000$358,291,000$409,560,000$345,363,000$343,333,000$365,147,000$253,517,000$288,223,000$309,791,000$348,854,000$233,651,000$228,054,000$223,162,000$242,856,000$229,696,000$208,155,000$193,161,000$168,138,000$141,036,000$151,151,000$165,022,000$163,377,000$142,673,000$134,457,000$126,587,000$114,533,000$112,582,000$121,073,000$113,024,000$109,555,000$88,460,000$96,645,000$101,276,000$94,030,000$114,509,000$108,783,000$107,281,000$83,499,000$110,003,000$84,319,000$64,724,000$