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Cadence Design Systems CDNS Business Segments — Professional services

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Other financials

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

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Market cap$106.85B+10.0%
Enterprise value$105.62B
P/E91.3×+1.4×
P/S19.3×-0.6×

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×

Where this comes from

Reported directly by Cadence Design Systems in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The official record: Cadence Design Systems’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cadence Design Systems's business segments — professional services?
Cadence Design Systems (CDNS) reported business segments — professional services of $53.8M in Q1 2026.
How has Cadence Design Systems's business segments — professional services changed year-over-year?
Cadence Design Systems's business segments — professional services increased by 65.7% year-over-year, from $32.46M to $53.8M.
What is the long-term trend for Cadence Design Systems's business segments — professional services?
Over 3 years (2022 to 2025), Cadence Design Systems's business segments — professional services has grown at a 13.0% compound annual growth rate (CAGR), from $117.44M to $169.29M.
What does business segments — professional services mean?
Expenditures for external consulting, legal, audit, or specialized technical services engaged to support the segment's operations. This represents outsourced expertise rather than internal labor.