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Cadence Design Systems Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Cadence Design Systems holds $12.1B in total assets. Shareholders' equity is $6.6B against $177.2M in total debt. Cash and equivalents total $1.4B. The current ratio is 1.47 and debt-to-equity is 0.027. Based on the Q1 2026 filing.

Total Assets$12.1BTotal Stockholders Equity$6.6BCash And Equivalents$1.4BTotal Current Assets$3.2BTotal Current Liabilities$2.2B
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$95.4B
P/E Ratio81.50
ROE20.66%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$680.5M$580.9M$670.2M$755.3M$944.9M$1.0B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$6.0M$6.3M$6.1M$5.2M$6.6M$4.6M
Cash and cash equivalents$2.6B$2.8B$2.8B$2.8B$3.0B$1.4B
Finished goods$13.3M$14.9M$17.0M$28.1M$43.4M$50.4M
Raw materials$243.2M$210.7M$209.2M$251.5M$245.5M$255.2M
Work in process$1.2M$0.0$0.0$6.6M$14.7M$12.3M
Inventories$257.7M$225.6M$226.2M$286.2M$303.5M$318.0M
Prepaid expenses and other current assets$433.9M$413.9M$503.5M$492.3M$419.9M$422.0M
Total current assets$4.0B$4.0B$4.2B$4.3B$4.7B$3.2B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$190.4M-$123.2M$24.0M$7.3M-$1.8M-$40.1M
AOCI - Cash Flow Hedge Adjustment-$7.0M-$6.8M-$6.6M-$6.4M-$6.4M-$6.2M
Debt Securities (Trading and AFS) - Accumulated Gross Unrealized Gain$352.0K-$219.0K$366.0K$495.0K$653.0K$161.0K
Common stock$4.2B$4.3B$4.4B$4.6B$4.7B$5.7B
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0———$0.0—
Treasury Stock, Value$5.3B$5.7B$5.9B$6.1B$6.3B$6.5B
Retained earnings$6.0B$6.3B$6.4B$6.7B$7.1B$7.4B
Total liabilities and stockholders' equity$9.0B$9.0B$9.5B$9.6B$10.2B$12.1B
Total stockholders' equity$4.7B$4.8B$5.0B$5.2B$5.5B$6.6B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable and other current liabilities (Note 11)$632.7M$570.2M$766.6M$631.3M$856.9M$863.9M
Compensation and benefits$335.2M—$334.3M$306.9M$384.4M$293.1M
Revolving credit facility————$0.0$425.0M
Deferred revenue$737.4M$730.6M$729.9M$775.3M$778.4M$873.6M
Income taxes payable————$70.2M$234.9M
Total current liabilities$1.4B$1.3B$1.5B$1.4B$1.6B$2.2B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$2.4B$2.4B$2.6B$2.6B$2.7B$4.9B
Equity securities$90.4M$78.7M$117.7M$104.0M$83.2M$59.8M
Deferred tax assets$982.1M$986.2M$980.2M$892.6M$917.7M$843.2M
Other intangible assets—net$594.7M$584.2M$619.0M$672.5M$718.2M$1.9B
Other Assets$544.7M$558.9M$605.1M$607.5M$581.4M$675.0M
Property and equipment, net$458.2M$466.3M$482.1M$494.7M$517.0M$536.9M
Total assets$9.0B$9.0B$9.5B$9.6B$10.2B$12.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred revenue, net of current portion$115.2M$110.7M$154.4M$130.1M$156.0M$146.6M
Operating lease liabilities, non-current————$136.3M$177.2M
Other non-current liabilities$339.4M$348.6M$373.0M$384.5M$407.5M$746.6M
Total noncurrent liabilities$2.9B$2.9B$3.0B$3.0B$3.0B$3.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts Payable, Trade$5.6M——$87.3M$93.5M$88.2M
Accounts receivable$710.4M$609.5M$726.2M$805.1M$1.0B$1.1B
Long-term receivables$24.2M$24.2M$51.5M$45.7M$52.5M$70.2M
Accounts Receivable Net Current and Noncurrent$704.6M$605.1M$721.6M$800.9M$997.4M$1.1B
Allowance for doubtful accounts$5.8M$4.4M$4.5M$4.2M$3.9M$3.6M
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$582.0K$266.0K$223.0K$272.0K$199.0K$362.0K
Gross Unrealized Gains$230.0K$485.0K$589.0K$767.0K$852.0K$522.0K
Total$50.6M$50.8M$60.1M$72.3M$70.3M$79.5M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$19.4M$22.2M$27.1M—$29.9M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$9.7M$11.6M$15.3M—$19.1M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10—$20.2M$25.0M$29.3M—$29.8M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$1.7M$1.7M$1.1M—$776.0K
Available for sale investments$50.3M$51.0M$60.5M$72.8M$71.0M$79.6M
Contract with Customer, Asset, after Allowance for Credit Loss$29.3M$70.8M$83.6M$91.1M$67.8M$39.6M
Contract with Customer, Liability$852.6M$841.3M$884.4M$905.3M$934.4M$1.0B
Debt issuances$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net————$19.9M$18.8M
Deferred income taxes————$48.0M$351.5M
Finite-Lived Intangible Assets, Accumulated Amortization$285.2M$298.6M$327.3M$353.0M$383.3M$332.5M
2028—$85.3M$93.6M$107.5M—$283.0M
2030—$66.0M$74.1M$88.0M—$214.6M
2031—$40.8M$47.7M$53.1M—$191.7M
Remainder of 2026—$68.3M$49.2M$28.1M—$234.7M
2027—$88.6M$96.9M$110.8M—$290.3M
2029—$80.7M$88.9M$102.8M—$258.9M
Finite Lived Intangible Assets Amortization Expense After Year Five—$154.5M$168.6M$182.2M—$460.1M
Gross Carrying Amount$879.9M$882.8M$946.2M$1.0B$1.1B$2.3B
Long-Lived Assets$604.4M$621.3M$653.5M$669.3M$693.0M$758.2M
Number of Customers with Accounts Receivable and Installment Contract Receivable Balance Greater than Ten Percent of Balance1.000.001.000.00—0.00
Other accrued liabilities$285.4M—$291.8M$237.0M$308.8M$247.7M
Other long-term liabilities————$223.2M$218.0M
Percentage of Company's Receivables Net and Installment Contract Receivables Net Attributable to Single Customer0.110.100.100.10—0.10
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$6.4B$6.4B$7.0B—$8.0B
Remaining performance obligation, amount from non-cancellable IP access agreements—$500.0M$500.0M$400.0M—$700.0M
RPO percentage—0.550.530.52—0.55
Sales-Type Lease, Net Investment in Lease, before Allowance for Credit Loss————$103.5M$144.6M
Net investment in sales-type leases, before allowance for credit loss, non-current————$34.0M$51.3M
Share Repurchase Program, Remaining Authorized, Amount—$477.0M$1.8B$1.6B—$1.2B
Unbilled balances$293.3M$270.3M$315.6M$375.7M$456.0M$521.2M
Long-term debt$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B