Cadence Design Systems Inc
CDNS- Exchange
- Nasdaq
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0000813672
In the last 90 days, Cadence Design Systems Inc insiders filed 0 open-market purchases and 9 sales; 1,517 institutions reported holding it in 13F filings for Q2 2026, worth $90.6B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:11 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Jan 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Revenue | $5.30B | $4.64B | $4.09B | $3.56B | $2.99B |
| Selling, general and administrative | $313.4M | $282.3M | $242.4M | $242.1M | $189.0M |
| Operating income | $1.49B | $1.35B | $1.25B | $1.07B | $779.1M |
| Interest expense | $116.5M | $76.0M | $36.2M | $22.9M | $17.0M |
| Income tax | $413.2M | $340.3M | $240.8M | $196.4M | $72.5M |
| Net income | $1.11B | $1.06B | $1.04B | $849.0M | $696.0M |
| EPS, basic | $4.09 | $3.89 | $3.86 | $3.13 | $2.54 |
| EPS, diluted | $4.06 | $3.85 | $3.82 | $3.09 | $2.50 |
| Weighted shares, basic | 271.3M | 271.2M | 269.4M | 271.2M | 273.5M |
| Weighted shares, diluted | 273.3M | 273.8M | 272.7M | 275.0M | 278.9M |
| Margins and growth | |||||
| Operating margin | 28.2% | 29.1% | 30.6% | 30.1% | 26.1% |
| Net margin | 20.9% | 22.7% | 25.5% | 23.8% | 23.3% |
| Revenue growth, year over year | +14.1% | +13.5% | +14.8% | +19.2% | +11.4% |
| Net income growth, year over year | +5.1% | +1.4% | +22.6% | +22.0% | +17.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Jan 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Cash and equivalents | $3.00B | $2.64B | $1.01B | $882.3M | $1.09B |
| Short-term investments | $154.2M | $140.6M | $130.4M | – | – |
| Accounts receivable | $944.9M | $680.5M | $489.2M | $486.7M | $337.6M |
| Inventory | $303.5M | $257.7M | $181.7M | $128.0M | $115.7M |
| Total current assets | $4.67B | $4.02B | $1.98B | $1.71B | $1.72B |
| Property, plant and equipment | $517.0M | $458.2M | $403.2M | $371.5M | $305.9M |
| Goodwill | $2.75B | $2.38B | $1.54B | $1.37B | $928.4M |
| Intangible assets | $718.2M | $594.7M | $336.8M | $354.6M | $233.3M |
| Total assets | $10.2B | $8.97B | $5.67B | $5.14B | $4.39B |
| Total current liabilities | $1.64B | $1.37B | $1.59B | $1.35B | $971.2M |
| Shareholders' equity | $5.47B | $4.67B | $3.40B | $2.75B | $2.74B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Jan 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Operating cash flow | $1.73B | $1.26B | $1.35B | $1.24B | $1.10B |
| Capital expenditures | $141.9M | $142.5M | $102.3M | $123.2M | $65.3M |
| Free cash flow | $1.59B | $1.12B | $1.25B | $1.12B | $1.04B |
| Depreciation and amortization | $227.8M | $196.9M | $145.3M | $132.1M | $142.3M |
| Stock-based compensation | $455.2M | $391.2M | $325.6M | $270.4M | $210.1M |
| Share buybacks | $925.0M | $550.0M | $700.1M | $1.05B | $612.3M |
| Investing cash flow | -$460.5M | -$837.1M | -$412.2M | -$738.6M | -$293.0M |
| Financing cash flow | -$949.0M | $1.24B | -$803.6M | -$657.0M | -$643.8M |
| Net change in cash | $357.3M | $1.64B | $125.8M | -$206.6M | $160.5M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 8.6% | 8.4% | 8.0% | 7.6% | 7.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Sep 30, 2026 | 274.4M | +0.8% | SEC |
| Jun 30, 2026 | 275.4M | +1.1% | SEC |
| Mar 31, 2026 | 275.8M | +1.0% | SEC |
| Jan 31, 2026 | 272.7M | −0.5% | SEC |
| Sep 30, 2025 | 272.2M | −0.8% | SEC |
| Jun 30, 2025 | 272.5M | −0.5% | SEC |
| Mar 31, 2025 | 273.0M | +0.3% | SEC |
| Jan 31, 2025 | 274.1M | +0.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.