Cadence Design Systems
$353.27Change from previous close: +0.72%Absolute change: +$2.54
At a glance
- Revenue growth
- +14.12%
- 2025 vs 2024
- Net income growth
- +5.06%
- 2025 vs 2024
- Net margin
- 20.9%
- 2024: 22.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,584 | 1,474 | 1,440 | 1,339 | 1,275 | 1,242 | 1,356 | 1,215 | 1,061 | 1,009 | 1,069 | 1,023 |
| Cost of revenue | 239 | 215 | 189 | 182 | 184 | 167 | 220 | 163 | 139 | 125 | 104 | 110 |
| Gross profit | 1,345 | 1,260 | 1,251 | 1,157 | 1,091 | 1,075 | 1,136 | 1,052 | 921 | 884 | 964 | 914 |
| Selling, general and administrative | 327 | 293 | 303 | 254 | 266 | 264 | 269 | 260 | 247 | 249 | 254 | 230 |
| Research and development | 531 | 508 | 465 | 423 | 442 | 439 | 392 | 407 | 371 | 379 | 367 | 370 |
| Operating income | 453 | 438 | 473 | 470 | 374 | 363 | 465 | 376 | 297 | 250 | 338 | 309 |
| EBIT | 453 | 438 | 473 | 470 | 374 | 363 | 465 | 376 | 297 | 250 | 338 | 309 |
| EBITDA | 570 | 522 | 537 | 526 | 428 | 416 | 520 | 431 | 345 | 290 | 376 | 345 |
| Interest expense | 35.1 | 31.6 | 29.4 | 29.0 | 28.9 | 29.1 | 29.9 | 24.5 | 12.9 | 8.7 | 9.0 | 9.1 |
| Pre-tax income | 510 | 428 | 493 | 393 | 281 | 356 | 437 | 333 | 316 | 310 | 362 | 300 |
| Income tax | 143 | 92.4 | 105 | 106 | 121 | 82.1 | 96.4 | 95.3 | 86.2 | 62.4 | 38.2 | 45.6 |
| Net income | 367 | 336 | 388 | 287 | 160 | 274 | 340 | 238 | 230 | 248 | 324 | 254 |
| Net income to common shareholders | 367 | 336 | 388 | 287 | 160 | 274 | 340 | 238 | 230 | 248 | 324 | 254 |
| Basic EPS | 1.34 | 1.23 | 1.43 | 1.06 | 0.59 | 1.01 | 1.25 | 0.87 | 0.85 | 0.92 | 1.20 | 0.94 |
| Diluted EPS | 1.33 | 1.23 | 1.42 | 1.05 | 0.59 | 1.00 | 1.24 | 0.87 | 0.84 | 0.91 | 1.19 | 0.93 |
| Average shares (basic) | 274 | 272 | 271 | 271 | 271 | 272 | 272 | 272 | 271 | 270 | 269 | 269 |
| Average shares (diluted) | 276 | 274 | 273 | 274 | 273 | 274 | 274 | 274 | 274 | 274 | 272 | 272 |
