Cadence Design Systems Inc (CDNS) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Cadence Design Systems reported revenue of $5.30B, up 14.1% from $4.64B the year before. Net income was $1.11B (a 20.9% net margin), or $4.06 per diluted share. Gross margin was 28.2% and operating margin was 28.2%. Operating activities generated $1.73B of cash, leaving $1.59B of free cash flow. At fiscal year end, Cadence Design Systems held $10.15B in total assets against $4.68B in total liabilities, including $3.00B of cash and equivalents.
Open the full interactive Cadence Design Systems financials → Quarterly statements, key ratios, valuation history and price charts.
Cadence Design Systems Key Stats
| Share Price | $334.20 |
|---|---|
| Market Cap | $92.29B |
| P/E Ratio | 82.3 |
| Revenue YoY Growth | +14.1% |
| 52-Week Range | $265.66 – $416.39 |
| Shares Outstanding | 274.0 million (basic, 2026 Q2) |
Cadence Design Systems Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B |
| Cost of Goods Sold | $2.04B | $2.21B | $2.49B | $2.84B | $3.29B | $3.80B |
| Gross Profit | $645.6M | $779.1M | $1.07B | $1.25B | $1.35B | $1.49B |
| Operating Income | $645.6M | $779.1M | $1.07B | $1.25B | $1.35B | $1.49B |
| Pre-Tax Income | $632.7M | $768.4M | $1.05B | $1.28B | $1.40B | $1.52B |
| Income Tax | $42.1M | $72.5M | $196.4M | $240.8M | $340.3M | $413.2M |
| Net Income | $590.6M | $696.0M | $849.0M | $1.04B | $1.06B | $1.11B |
| Diluted EPS | $2.11 | $2.50 | $3.09 | $3.82 | $3.85 | $4.06 |
Cadence Design Systems Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.34B | $1.44B | $1.47B | $1.58B |
| Net Income | $287.1M | $388.1M | $335.7M | $367.1M |
| Diluted EPS | $1.05 | $1.42 | $1.23 | $1.33 |
Cadence Design Systems Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $928.4M | $1.09B | $882.3M | $1.01B | $2.64B | $3.00B |
| Current Assets | $1.48B | $1.72B | $1.71B | $1.98B | $4.02B | $4.67B |
| Total Assets | $3.95B | $4.39B | $5.14B | $5.67B | $8.97B | $10.15B |
| Current Liabilities | $796.8M | $971.2M | $1.35B | $1.59B | $1.37B | $1.64B |
| Total Long-Term Debt | $346.8M | $347.6M | $648.1M | $649.1M | $2.48B | $2.48B |
| Total Liabilities | $1.46B | $1.65B | $2.39B | $2.27B | $4.30B | $4.68B |
| Shareholders' Equity | $2.49B | $2.74B | $2.75B | $3.40B | $4.67B | $5.47B |
Cadence Design Systems Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $904.9M | $1.10B | $1.24B | $1.35B | $1.26B | $1.73B |
| Cash From Investing | -$292.2M | -$293.0M | -$738.6M | -$412.2M | -$837.1M | -$460.5M |
| Cash From Financing | -$415.3M | -$643.8M | -$657.0M | -$803.6M | $1.24B | -$949.0M |
| Free Cash Flow | $810.1M | $1.04B | $1.12B | $1.25B | $1.12B | $1.59B |
Figures from Cadence Design Systems' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Cadence Design Systems financials page for every line item.
Cadence Design Systems Company Profile
| Ticker | CDNS |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | San Jose, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000813672 |
Frequently Asked Questions
What was Cadence Design Systems' revenue in fiscal 2025?
Cadence Design Systems (CDNS) reported revenue of $5.30B for fiscal 2025.
What is Cadence Design Systems' annual revenue history?
Cadence Design Systems' annual revenue by fiscal year: 2020: $2.68B; 2021: $2.99B; 2022: $3.56B; 2023: $4.09B; 2024: $4.64B; 2025: $5.30B.
What was Cadence Design Systems' net income in fiscal 2025?
Cadence Design Systems reported net income of $1.11B for fiscal 2025.
What was Cadence Design Systems' earnings per share (EPS) in fiscal 2025?
Cadence Design Systems' diluted EPS was $4.06 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Cadence Design Systems generate in fiscal 2025?
Cadence Design Systems generated $1.59B of free cash flow in fiscal 2025.
What was Cadence Design Systems' revenue last quarter?
In its most recent reported quarter (2026 Q2), Cadence Design Systems reported revenue of $1.58B.
How much debt does Cadence Design Systems have?
Cadence Design Systems reported $2.48B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Cadence Design Systems are outstanding?
Cadence Design Systems reported a weighted average of 274.0 million basic shares outstanding in 2026 Q2.
What is Cadence Design Systems' market cap?
Based on its latest closing price, Cadence Design Systems (CDNS) has a market capitalization of about $92.29B.
When does Cadence Design Systems' fiscal year end?
Cadence Design Systems' fiscal year end, as registered with the SEC, is December 31.
Where is Cadence Design Systems headquartered?
Cadence Design Systems lists its business address in San Jose, California in its SEC filings.