Current Liabilities

Deferred Revenue

Cadence Design Systems Deferred Revenue increased by 6.2% to $775.28M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $800.28M to $775.28M. Over 4 years (FY 2020 to FY 2024), Deferred Revenue shows an upward trend with a 13.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.

Detailed definition

Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...

Peer comparison

High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.

Metric ID: deferred_revenue_current

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$586.11M$543.36M$655.09M$707.12M$719.87M$754.47M$782.06M$823.76M$782.95M$766.52M$763.96M$746.63M$767.42M$800.28M$737.41M$730.57M$729.93M$775.28M
QoQ Change-7.3%+20.6%+7.9%+1.8%+4.8%+3.7%+5.3%-5.0%-2.1%-0.3%-2.3%+2.8%+4.3%-7.9%-0.9%-0.1%+6.2%
YoY Change+22.8%+38.9%+19.4%+16.5%+8.8%+1.6%-2.3%-9.4%-2.0%+4.4%-3.5%-2.2%-4.9%-3.1%
Range$543.36M$823.76M
CAGR+6.8%
Avg YoY Growth+6.1%
Median YoY Growth-0.2%

Frequently Asked Questions

What is Cadence Design Systems's deferred revenue?
Cadence Design Systems (CDNS) reported deferred revenue of $775.28M in Q3 2025.
How has Cadence Design Systems's deferred revenue changed year-over-year?
Cadence Design Systems's deferred revenue decreased by 3.1% year-over-year, from $800.28M to $775.28M.
What is the long-term trend for Cadence Design Systems's deferred revenue?
Over 4 years (2020 to 2024), Cadence Design Systems's deferred revenue has grown at a 13.3% compound annual growth rate (CAGR), from $446.86M to $737.41M.
What does deferred revenue mean?
Money collected from customers for products or services that haven't been delivered yet but will be within a year.