Cadence Design Systems (CDNS) Financials: History & Chart

Cadence Design Systems, Inc. (CDNS)CDNSCadence Design Systems, Inc.

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.

San Jose, CA

13,800 employees

www.cadence.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Anirudh Devgan

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	5.53B	1.47B	1.44B	1.34B	1.28B	1.24B	1.36B	1.22B	1.06B
Cost of Goods Sold	616.32M	61.23M	188.73M	182.19M	184.17M	167.13M	219.99M	163.05M	139.27M
Gross Profit	4.91B	1.41B	1.25B	1.16B	1.09B	1.08B	1.14B	1.05B	921.41M
Gross Profit Margin	88.9%	95.8%	86.9%	86.4%	85.6%	86.5%	83.8%	86.6%	86.9%
Total Operating Expenses	3.19B	981.66M	786.16M	703.86M	720.88M	713.82M	679.12M	702.40M	627.53M
Research & Development	1.84B	508.44M	464.58M	423.03M	442.06M	439.10M	392.03M	407.37M	370.74M
Selling, General & Administrative	1.15B	299.70M	310.00M	270.60M	269.62M	265.80M	278.96M	261.34M	250.16M
Operating Income (EBIT)	1.72B	431.33M	465.23M	452.79M	370.39M	361.41M	456.88M	350.06M	293.88M
Operating Margin	31.1%	29.3%	32.3%	33.8%	29.0%	29.1%	33.7%	28.8%	27.7%
Income Before Tax (EBT)	1.59B	428.10M	492.96M	392.78M	280.61M	355.69M	436.65M	333.41M	315.71M
Interest Income	93.63M	18.27M	24.76M	24.63M	25.98M	26.22M	27.15M	16.93M	8.88M
Interest Expense	119.04M	31.61M	29.44M	29.04M	28.95M	29.12M	29.91M	24.50M	12.90M
Other Income/Expense	-125.28M	-3.23M	27.74M	-60.00M	-89.78M	-5.72M	-20.22M	-16.64M	21.83M
Net Income	1.17B	335.66M	388.14M	287.12M	160.05M	273.58M	340.21M	238.11M	229.52M
Income Tax Expense	423.49M	92.44M	104.83M	105.66M	120.56M	82.11M	96.44M	95.30M	86.19M
Net Profit Margin	21.2%	22.8%	27.0%	21.4%	12.5%	22.0%	25.1%	19.6%	21.6%
EBITDA	1.99B	515.70M	534.10M	508.54M	428.14M	412.88M	510.74M	405.42M	341.03M
EBITDA Margin	35.9%	35.0%	37.1%	38.0%	33.6%	33.2%	37.7%	33.4%	32.2%
Depreciation & Amortization	266.75M	84.37M	68.87M	55.75M	57.75M	51.47M	53.86M	55.36M	47.15M
EPS Basic	4.31	1.23	1.43	1.06	0.59	1.01	1.25	0.87	0.85
EPS Diluted	4.29	1.23	1.42	1.05	0.59	1.00	1.24	0.87	0.84
Shares Outstanding	272.06M	272.06M	270.92M	271.15M	271.29M	271.97M	272.07M	272.24M	270.91M
Diluted Shares Outstanding	273.73M	273.73M	272.93M	273.80M	272.90M	273.63M	274.29M	273.96M	273.52M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	5.30B	4.64B	4.09B	3.56B	2.99B	2.68B	2.34B	2.14B
Cost of Goods Sold	722.25M	647.50M	435.04M	371.62M	307.01M	305.50M	266.36M	258.75M
Gross Profit	4.57B	3.99B	3.65B	3.19B	2.68B	2.38B	2.07B	1.88B
Gross Profit Margin	86.4%	86.0%	89.4%	89.6%	89.7%	88.6%	88.6%	87.9%
Total Operating Expenses	2.92B	2.64B	2.40B	2.12B	1.90B	1.73B	1.57B	1.48B
Research & Development	1.77B	1.55B	1.44B	1.25B	1.13B	1.03B	935.94M	884.82M
Selling, General & Administrative	1.12B	1.03B	932.75M	846.34M	749.28M	670.88M	621.48M	573.08M
Operating Income (EBIT)	1.65B	1.35B	1.25B	1.07B	779.09M	645.55M	491.80M	396.21M
Operating Margin	31.1%	29.1%	30.6%	30.1%	26.1%	24.1%	21.1%	18.5%
Income Before Tax (EBT)	1.52B	1.40B	1.28B	1.05B	768.43M	632.75M	478.97M	376.39M
Interest Income	101.58M	62.48M	29.64M	10.10M	2.63M	3.82M	9.51M	8.07M
Interest Expense	116.54M	76.00M	36.19M	22.93M	16.98M	20.75M	18.83M	23.14M
Other Income/Expense	-127.74M	45.06M	30.70M	-28.32M	-10.65M	-12.80M	-12.83M	-19.82M
Net Income	1.11B	1.06B	1.04B	848.95M	695.96M	590.64M	988.98M	345.78M
Income Tax Expense	413.15M	340.33M	240.78M	196.41M	72.48M	42.10M	-510.01M	30.61M
Net Profit Margin	20.9%	22.7%	25.5%	23.8%	23.3%	22.0%	42.3%	16.2%
EBITDA	1.88B	1.55B	1.40B	1.21B	909.79M	795.69M	614.59M	514.93M
EBITDA Margin	35.6%	33.3%	34.2%	33.9%	30.4%	29.7%	26.3%	24.1%
Depreciation & Amortization	233.84M	195.01M	145.74M	135.43M	130.70M	150.14M	122.79M	118.72M
EPS Basic	4.09	3.89	3.86	3.13	2.54	2.16	3.62	1.26
EPS Diluted	4.06	3.85	3.82	3.09	2.50	2.11	3.53	1.23
Shares Outstanding	271.33M	271.21M	269.38M	271.20M	273.50M	273.73M	273.24M	273.73M
Diluted Shares Outstanding	273.31M	273.83M	272.75M	275.01M	278.86M	279.64M	280.51M	281.14M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.