What is Cadence Design Systems's R&D?

Cadence Design Systems (CDNS) reported R&D of $508.44M in Q1 2026.

How has Cadence Design Systems's R&D changed year-over-year?

Cadence Design Systems's R&D increased by 15.8% year-over-year, from $439.1M to $508.44M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Cadence Design Systems CDNS R&D

R&D at other companies

SynopsysSNPS

$700.12M+26.4%

RambusRMBS

$50.23M+17.9%

CevaCEVA

$19.84M+12.7%

SchrodingerSDGR

$43.82M-4.4%

Keysight TechnologiesKEYS

$320M+28.0%

Arteris, Inc.AIP

$14.46M+21.9%

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$104.06B+27.4%

Enterprise value$102.83B—

P/E88.9×+8.2×

P/S18.8×+2.8×

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 / equity0×—

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:ResearchAndDevelopmentExpense.

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 R&D?: Cadence Design Systems (CDNS) reported R&D of $508.44M in Q1 2026.
How has Cadence Design Systems's R&D changed year-over-year?: Cadence Design Systems's R&D increased by 15.8% year-over-year, from $439.1M to $508.44M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.