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Cadence Design Systems

CDNS

Cadence Design Systems is a global leader in computational software, hardware, and silicon intellectual property used to design and verify complex electronic systems.

Market cap
$103.17B+15.6%
Revenue$5.5B+13.4%
Net income$1.2B+8.3%
Free cash flow$1.4B+3.7%
EPS (diluted)$4.29+8.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 27, 2026 (In 2 weeks)
Revenue estimate$1.6B
EPS estimate$2.05

Financials

Q1 2026

Income statement

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Revenue$1.5B+18.7%
Operating income$431.3M+19.3%
Net income$335.7M+22.7%
EPS (diluted)$1.23+23.0%

Balance sheet

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Cash & equivalents$1.4B-49.4%
Total debt$177.2M
Total equity$6.6B+37.4%
Total assets$12.1B+34.2%

Cash flow

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Operating cash flow$355.8M-26.9%
CapEx$48.8M+112%
Free cash flow$307.0M-33.8%

Valuation & ratios

Valuation

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Market cap$103.17B+15.6%
Enterprise value$101.94B
P/E88.1×-0.1×
P/S18.7×+1.1×

Profitability

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Operating margin28.3%-1.7pp
Net margin21.2%-1.0pp
FCF margin25.9%-2.4pp

Returns & leverage

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Return on equity20.7%-5.3pp
Debt / equity
Current ratio1.5×-1.6×

Segments

By geography

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Asia$576.7M+28.7%
Other Asia$294.7M+22.5%
EMEA$241.4M+23.3%
Other America$55.3M+86.7%

By segment

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Reportable Segment$1.5B+18.7%

Competitors

Profile

Cadence Design Systems is a global leader in computational software, hardware, and silicon intellectual property used to design and verify complex electronic systems. The company provides AI-driven solutions that enable semiconductor and systems companies to optimize power, performance, and area while accelerating time-to-market for innovative products. Its mission focuses on empowering the development of advanced electronics that drive the global economy across sectors like automotive, hyperscale computing, and life sciences.

Competitive position

A leading global provider of EDA and IP solutions with a dominant position in custom IC design and high-performance hardware emulation.

GeographiesNorth America, Asia-Pacific, Europe, Japan
Customer segmentsSemiconductor manufacturers, Hyperscale data centers, Automotive and Aerospace OEMs, Life Sciences and Biotech
Business modelSubscription SaaS, Time-based software licensing, Hardware sales and leasing, IP Royalties, Professional Services
SuppliersFoundry process design kits (PDKs), Third-party IP providers, Hardware component subcontractors, Cloud infrastructure providers
CustomersIntegrated device manufacturers (IDMs), Fabless semiconductor companies, System-on-chip (SoC) developers, Electronic system OEMs
Listed1987
Employees11.2K
CEOAnirudh Devgan
FilingsSEC EDGAR

Questions, answered.

What is Cadence Design Systems's market cap?
Cadence Design Systems (CDNS) has a market capitalization of $103.17B and trades on NASDAQ.
What is Cadence Design Systems's revenue and profitability?
Cadence Design Systems generated $5.5B in trailing twelve-month revenue with net income of $1.2B, representing a net margin of 21.2%, with free cash flow of $1.4B. These figures are based on the Q1 2026 filing.
Who are Cadence Design Systems's competitors?
Cadence Design Systems's key competitors include Synopsys, Inc., Keysight Technologies, Inc., Schrödinger, Inc., and others. These companies compete in similar markets and product categories.
Who does Cadence Design Systems partner with?
Cadence Design Systems's notable partners include NVIDIA, Arm, Renesas Electronics Corporation.
What subsidiaries does Cadence Design Systems have?
Cadence Design Systems's subsidiaries include VLAB Works, Secure-IC, BETA CAE Systems.
Where is Cadence Design Systems headquartered?
Cadence Design Systems is headquartered in United States of America and employs approximately 11,200 people. It has been publicly traded since 1987.