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Cadence Design Systems (CDNS)

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Cadence Design Systems is a major provider of software, hardware, and intellectual property used to design advanced semiconductors and electronic systems. The company is best known for electronic design automation, or EDA, tools that help engineers create, simulate, verify, and optimize chips before they are manufactured. Its platforms support the full design flow, from logic and functional verification to physical implementation, signoff, and system-level analysis.

Cadence serves customers across the semiconductor, electronics, automotive, aerospace, communications, and cloud infrastructure markets. As chips become more complex and expensive to develop, design teams rely on EDA software to reduce errors, improve performance, manage power consumption, and shorten development cycles. Cadence’s products are used in areas such as custom and digital integrated circuits, printed circuit boards, advanced packaging, and multiphysics analysis.

The company also offers a portfolio of design intellectual property, including reusable building blocks that customers can integrate into their own chips. This can include interface IP, memory-related IP, and other components that help accelerate development and reduce technical risk.

Cadence is positioned at the intersection of semiconductor innovation and system design. Demand for its tools is influenced by investment in artificial intelligence, high-performance computing, mobile devices, data centers, automotive electronics, and connected devices. Its business model is supported by long-term customer relationships with chipmakers, systems companies, and technology groups that require sophisticated design and verification capabilities.

371.50 USD
−5.30 (-1.41%)

Last updated

Market Cap
$103,927,468,800
P/E
88.75
P/FCF
72.68
P/S
18.8
Enterprise Value
$105,426,970,800
Sector
Information Technology
Industry
Application Software
Address
2655 SEELY AVENUE BLDG 5, SAN JOSE, CA, 95134
Market Cap
$103,927,468,800
Enterprise Value
$105,426,970,800
P/E
88.75
P/B
15.84
P/S
18.8
EV / EBITDA
53.27
EV / Sales
19.07
EPS
4.25
Dividend Yield
0%
P/FCF
72.68
P/CF
65.05
Free Cash Flow
$1,429,912,000
ROE
17.85%
ROA
9.68%
Debt / Equity
0.44
Current Ratio
1.47
Quick Ratio
1.32
Cash
0.65
Avg Volume
$2,434,618
Fundamentals Snapshot Price
376.8

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 1.47B 1.44B 1.34B 1.28B 1.24B
Cost of revenue 214.55M 188.75M 182.2M 184.17M 167.13M
Gross profit 1.26B 1.25B 1.16B 1.09B 1.08B
Operating income 431.33M 463.34M 425.39M 241.8M 361.52M
EBITDA 515.95M 529.76M 509.46M 424.07M 414.33M
Net income 335.66M 388.14M 287.12M 160.05M 273.58M
Income taxes 92.44M 104.83M 105.66M 120.56M 82.11M
Interest expense -31.61M -29.44M -29.04M -28.95M -29.12M
Other operating expenses -5K 1.86M 27.39M 128.59M -109K
Total operating expenses 828.34M 788.03M 731.25M 849.48M 713.71M
Basic EPS 1.23 1.44 1.06 0.59 1.01
Diluted EPS 1.23 1.42 1.05 0.59 1

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 12.1B 10.15B 9.6B 9.51B 9.01B
Total liabilities 5.54B 4.68B 4.4B 4.5B 4.24B
Total equity 6.56B 5.47B 5.2B 5.01B 4.78B
Cash & equivalents 1.41B 3B 2.75B 2.82B 2.78B
Current assets 3.18B 4.67B 4.29B 4.22B 4B
Current liabilities 2.16B 1.64B 1.41B 1.5B 1.3B
Accounts payable 863.91M 856.86M 631.27M 766.64M 570.2M
Receivables 1.03B 944.94M 755.27M 670.17M 580.89M
Inventories 317.95M 303.55M 286.19M 226.16M 225.62M
Goodwill 4.93B 2.75B 2.64B 2.6B 2.42B
Long-term debt 2.48B 2.48B 2.48B 2.48B 2.48B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 355.78M 553.5M 310.66M 377.6M 487.02M
Investing cash flow -2.11B -88.81M -174.32M -175.62M -21.78M
Financing cash flow 174.52M -213.89M -194.06M -195.24M -345.78M
Change in cash -1.59B 248.07M -69.52M 45.09M 133.64M
Net income 335.66M 388.14M 287.12M 160.05M 273.58M
Kind Filing Date Link
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — Cunningham Paul View Filing
form 4 Form 4 — Cunningham Paul View Filing
form 4 Form 4 — Cunningham Paul View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — PLUMMER JAMES D View Filing
form 4 Form 4 — PLUMMER JAMES D View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
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form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
form 4 Form 4 — Brennan Ita M View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
edgar index SD — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — Scannell Paul View Filing
form 4 Form 4 — Scannell Paul View Filing
form 4 Form 4 — Scannell Paul View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
form 4 Form 4 — DEVGAN ANIRUDH View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
form 4 Form 4 — TENG CHIN-CHI View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 4/A — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 4 — CADENCE DESIGN SYSTEMS INC View Filing
edgar index 144 — CADENCE DESIGN SYSTEMS INC View Filing
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