Cadence Design Systems
CDNSNasdaqCIK 813672Technology / Softwarefiscal year ends December70 quarters since 2009
Latest quarter Q3 FY2026, filed October 28, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 28, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026 | Q1 FY2026ended Mar 31, 2026filed May 1, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,633 | 1,584 | 1,474 | 1,440 | 1,339 | 1,275 | 1,242 | 1,356 | +22.0% |
| Cost of revenue | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Research and development | 538 | 531 | 508 | — | 423 | 442 | 439 | — | +27.1% |
| Selling, general and administrative | 113 | 89 | 88 | 103 | 78 | 69 | 63 | 70 | +44.8% |
| Operating income | 429 | 450 | 431 | 463 | 425 | 242 | 362 | 457 | +0.8% |
| Other income (expense) | 10 | 95 | 28 | 59 | (4) | 68 | 23 | 10 | +379.8% |
| Pretax income | 408 | 510 | 428 | 493 | 393 | 281 | 356 | 437 | +4.0% |
| Income tax | 119 | 143 | 92 | 105 | 106 | 121 | 82 | 96 | +12.2% |
| Net income | 290 | 367 | 336 | 388 | 287 | 160 | 274 | 340 | +0.9% |
| Diluted EPS ($) | 1.05 | 1.33 | 1.23 | — | 1.05 | 0.59 | 1.00 | — | 0.0% |
| Diluted shares (millions) | 275 | 276 | 274 | — | 274 | 273 | 274 | — | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 28, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026 | Q1 FY2026ended Mar 31, 2026filed May 1, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1,452 | 1,440 | 1,407 | 3,001 | 2,753 | 2,823 | 2,778 | 2,644 | −47.3% |
| Short-term investments | — | — | — | 154 | — | — | — | 141 | — |
| Total current assets | 3,354 | 3,222 | 3,180 | 4,670 | 4,287 | 4,223 | 3,998 | 4,016 | −21.8% |
| Total assets | 12,225 | 12,080 | 12,098 | 10,153 | 9,599 | 9,509 | 9,013 | 8,974 | +27.4% |
| Total current liabilities | 2,466 | 1,849 | 2,163 | 1,635 | 1,407 | 1,497 | 1,301 | 1,370 | +75.4% |
| Long-term debt | 1,984 | — | — | 2,480 | — | — | — | — | — |
| Total liabilities | — | — | — | — | — | — | — | — | — |
| Stockholders’ equity | 6,875 | 6,858 | 6,561 | 5,474 | 5,199 | 5,007 | 4,776 | 4,674 | +32.2% |
| Shares outstanding (millions) | 274 | 275 | 276 | 273 | 272 | 272 | 273 | 274 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 28, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026 | Q1 FY2026ended Mar 31, 2026filed May 1, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 424 | 635 | 356 | 553 | 311 | 378 | 487 | 441 | +36.4% |
| Capital expenditures | 62 | 53 | 49 | 41 | 34 | 44 | 23 | 37 | +83.5% |
| Free cash flow (CFO − capex) | 362 | 582 | 307 | 512 | 277 | 334 | 464 | 404 | +30.7% |
| Depreciation and amortization | 119 | 117 | 85 | 65 | 57 | 54 | 53 | 55 | +109.2% |
| Share repurchases | 400 | 200 | 200 | 200 | 200 | 175 | 350 | 150 | +100.0% |
| Dividends paid | — | — | — | — | — | — | — | — | — |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 19, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 19, 2026 | FY2024ended Dec 31, 2024filed Feb 21, 2025 | FY2023ended Dec 31, 2023filed Feb 14, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Jan 1, 2022filed Feb 22, 2022 | FY2020ended Jan 2, 2021filed Feb 22, 2021 | FY2019ended Dec 28, 2019filed Feb 24, 2020 | FY2018ended Dec 29, 2018filed Feb 27, 2019 | FY2017ended Dec 30, 2017filed Feb 20, 2018 | FY2016ended Dec 31, 2016filed Feb 10, 2017 | FY2015ended Jan 2, 2016filed Feb 18, 2016 | FY2014ended Jan 3, 2015filed Feb 20, 2015 | FY2013ended Dec 28, 2013filed Feb 20, 2014 | FY2012ended Dec 29, 2012filed Feb 21, 2013 | FY2011ended Dec 31, 2011filed Feb 24, 2012 | FY2010ended Jan 1, 2011filed Feb 24, 2011 | FY2009ended Jan 2, 2010filed Aug 4, 2010 | FY2008ended Jan 3, 2009filed Aug 4, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,297 | 4,641 | 4,090 | 3,562 | 2,988 | 2,683 | 2,336 | 2,138 | 1,943 | 1,816 | 1,702 | 1,581 | 1,460 | 1,326 | 1,150 | 936 | 853 | 1,039 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 313 | 274 | 242 | 242 | 189 | 154 | 140 | 133 | 134 | 125 | 110 | 114 | 121 | 112 | 93 | 86 | 123 | 152 |
| Operating income | 1,492 | 1,351 | 1,251 | 1,074 | 779 | 646 | 492 | 396 | 324 | 245 | 285 | 207 | 189 | 212 | 120 | (29) | (124) | (1,573) |
| Other income (expense) | 147 | 121 | 67 | (5) | 6 | 8 | 6 | 3 | 17 | 16 | 10 | 8 | 8 | 11 | 18 | 3 | (1) | (17) |
| Pretax income | 1,522 | 1,396 | 1,282 | 1,045 | 768 | 633 | 479 | 376 | 315 | 237 | 268 | 181 | 159 | 188 | 95 | (63) | (154) | — |
| Income tax | 413 | 340 | 241 | 196 | 72 | 42 | (510) | 31 | 111 | 34 | 15 | 22 | (5) | (252) | 23 | (189) | (4) | 239 |
| Net income | 1,109 | 1,055 | 1,041 | 849 | 696 | 591 | 989 | 346 | 204 | 203 | 252 | 159 | 164 | 440 | 72 | 127 | (150) | (1,857) |
| Diluted EPS ($) | 4.06 | 3.85 | 3.82 | 3.09 | 2.50 | 2.11 | 3.53 | 1.23 | 0.73 | 0.70 | 0.81 | 0.52 | 0.56 | 1.57 | 0.27 | 0.48 | (0.58) | (7.30) |
| Diluted shares (millions) | 273 | 274 | 273 | 275 | 279 | 280 | 281 | 281 | 280 | 291 | 312 | 307 | 295 | 281 | 271 | 266 | 258 | 254 |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 19, 2026 | FY2024ended Dec 31, 2024filed Feb 21, 2025 | FY2023ended Dec 31, 2023filed Feb 14, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Jan 1, 2022filed Feb 22, 2022 | FY2020ended Jan 2, 2021filed Feb 22, 2021 | FY2019ended Dec 28, 2019filed Feb 24, 2020 | FY2018ended Dec 29, 2018filed Feb 27, 2019 | FY2017ended Dec 30, 2017filed Feb 20, 2018 | FY2016ended Dec 31, 2016filed Feb 10, 2017 | FY2015ended Jan 2, 2016filed Feb 18, 2016 | FY2014ended Jan 3, 2015filed Feb 20, 2015 | FY2013ended Dec 28, 2013filed Feb 20, 2014 | FY2012ended Dec 29, 2012filed Feb 21, 2013 | FY2011ended Dec 31, 2011filed Feb 24, 2012 | FY2010ended Jan 1, 2011filed Feb 24, 2011 | FY2009ended Jan 2, 2010filed Aug 4, 2010 | FY2008ended Jan 3, 2009filed Aug 4, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 3,001 | 2,644 | 1,008 | 882 | 1,089 | 928 | 705 | 533 | 688 | 465 | 617 | 932 | 536 | 726 | 602 | 557 | 569 | 568 |
| Short-term investments | 154 | 141 | 130 | 4 | — | — | — | — | 4 | 3 | 94 | 90 | 97 | 101 | 3 | 13 | 2 | — |
| Total current assets | 4,670 | 4,016 | 1,976 | 1,707 | 1,716 | 1,479 | 1,169 | 951 | 980 | 702 | 964 | 1,852 | 1,221 | 1,391 | 1,064 | 879 | 851 | — |
| Total assets | 10,153 | 8,974 | 5,669 | 5,137 | 4,386 | 3,951 | 3,357 | 2,469 | 2,419 | 2,097 | 2,346 | 3,210 | 2,429 | 2,287 | 1,761 | 1,732 | 1,411 | — |
| Total current liabilities | 1,635 | 1,370 | 1,591 | 1,348 | 971 | 797 | 672 | 709 | 642 | 586 | 536 | 1,393 | 1,148 | 1,217 | 1,015 | 698 | 398 | — |
| Long-term debt | 2,480 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stockholders’ equity | 5,474 | 4,674 | 3,404 | 2,745 | 2,741 | 2,493 | 2,103 | 1,288 | 989 | 742 | 1,376 | 1,334 | 1,156 | 915 | 411 | 277 | 108 | 187 |
| Shares outstanding (millions) | 273 | 274 | 272 | 273 | 277 | 279 | 280 | 280 | 283 | 279 | 305 | 292 | 289 | 282 | 274 | 268 | — | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 19, 2026 | FY2024ended Dec 31, 2024filed Feb 21, 2025 | FY2023ended Dec 31, 2023filed Feb 14, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Jan 1, 2022filed Feb 22, 2022 | FY2020ended Jan 2, 2021filed Feb 22, 2021 | FY2019ended Dec 28, 2019filed Feb 24, 2020 | FY2018ended Dec 29, 2018filed Feb 27, 2019 | FY2017ended Dec 30, 2017filed Feb 20, 2018 | FY2016ended Dec 31, 2016filed Feb 10, 2017 | FY2015ended Jan 2, 2016filed Feb 18, 2016 | FY2014ended Jan 3, 2015filed Feb 20, 2015 | FY2013ended Dec 28, 2013filed Feb 20, 2014 | FY2012ended Dec 29, 2012filed Feb 21, 2013 | FY2011ended Dec 31, 2011filed Feb 24, 2012 | FY2010ended Jan 1, 2011filed Feb 24, 2011 | FY2009ended Jan 2, 2010filed Aug 4, 2010 | FY2008ended Jan 3, 2009filed Aug 4, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,729 | 1,261 | 1,349 | 1,242 | 1,101 | 905 | 730 | 605 | 471 | 445 | 378 | 317 | 368 | 316 | 240 | 199 | 26 | 70 |
| Capital expenditures | 142 | 143 | 102 | 123 | 65 | 95 | 75 | 62 | 58 | 54 | 45 | 40 | 45 | 36 | 31 | 35 | 41 | 97 |
| Free cash flow (CFO − capex) | 1,587 | 1,118 | 1,247 | 1,119 | 1,036 | 810 | 655 | 543 | 413 | 391 | 333 | 277 | 323 | 280 | 209 | 164 | (16) | (27) |
| Depreciation and amortization | 228 | 197 | 145 | 132 | 142 | 146 | 123 | 119 | 116 | 120 | 118 | 116 | 98 | 89 | 92 | 88 | 93 | 126 |
| Share repurchases | 925 | 550 | 700 | 1,050 | 612 | 380 | 306 | 250 | 100 | 960 | 333 | 100 | 0 | 0 | 0 | 40 | — | 274 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | Cunningham Paul | Sr. Vice President | option exercise | 1,000 | $138.02 | $138K | 121,612 | Oct 16, 2026 |
| Oct 15, 2026 | Cunningham Paul | Sr. Vice President | open-market sale10b5-1 | 2,000 | $324.13 | $648K | 119,612 | Oct 16, 2026 |
| Oct 1, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 1,250 | $350.07 | $438K | 39,544 | Oct 5, 2026 |
| Sep 17, 2026 | Scannell Paul | Sr. Vice President | tax withholding | 937 | $280.76 | $263K | 30,783 | Sep 21, 2026 |
| Sep 17, 2026 | Devgan Anirudh | President and CEO, Director | tax withholding | 3,779 | $280.76 | $1M | 247,201 | Sep 21, 2026 |
| Sep 17, 2026 | Teng Chin-Chi | Sr. Vice President | tax withholding | 1,181 | $280.76 | $332K | 136,075 | Sep 21, 2026 |
| Sep 17, 2026 | Wall John M | Sr. VP & CFO | tax withholding | 1,433 | $280.76 | $402K | 79,459 | Sep 21, 2026 |
| Sep 17, 2026 | Cunningham Paul | Sr. Vice President | tax withholding | 1,181 | $280.76 | $332K | 120,612 | Sep 21, 2026 |
| Sep 15, 2026 | Teng Chin-Chi | Sr. Vice President | tax withholding | 793 | $273.96 | $217K | 137,256 | Sep 17, 2026 |
| Sep 15, 2026 | Devgan Anirudh | President and CEO, Director | tax withholding | 2,539 | $273.96 | $696K | 250,980 | Sep 17, 2026 |
| Sep 15, 2026 | Wall John M | Sr. VP & CFO | tax withholding | 983 | $273.96 | $269K | 80,892 | Sep 17, 2026 |
| Sep 15, 2026 | Cunningham Paul | Sr. Vice President | tax withholding | 793 | $273.96 | $217K | 122,793 | Sep 17, 2026 |
| Sep 15, 2026 | Cunningham Paul | Sr. Vice President | option exercise | 1,000 | $138.02 | $138K | 123,793 | Sep 17, 2026 |
| Sep 15, 2026 | Cunningham Paul | Sr. Vice President | open-market sale10b5-1 | 2,000 | $277.12 | $554K | 121,793 | Sep 17, 2026 |
| Sep 10, 2026 | Brennan Ita M | Director | open-market sale10b5-1 | 33 | $284.44 | $9K | 7,971 | Sep 14, 2026 |
| Sep 10, 2026 | Brennan Ita M | Director | open-market sale10b5-1 | 127 | $285.58 | $36K | 7,844 | Sep 14, 2026 |
| Sep 10, 2026 | Brennan Ita M | Director | open-market sale10b5-1 | 14 | $286.47 | $4K | 7,830 | Sep 14, 2026 |
| Sep 10, 2026 | Brennan Ita M | Director | open-market sale10b5-1 | 6 | $287.79 | $2K | 7,824 | Sep 14, 2026 |
| Aug 26, 2026 | Scannell Paul | Sr. Vice President | open-market sale10b5-1 | 280 | $339.00 | $95K | 31,720 | Aug 27, 2026 |
| Aug 25, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 280 | $318.33 | $89K | 41,764 | Aug 27, 2026 |
| Aug 25, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 240 | $319.31 | $77K | 41,524 | Aug 27, 2026 |
| Aug 25, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 380 | $321.16 | $122K | 41,144 | Aug 27, 2026 |
| Aug 25, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 309 | $323.54 | $100K | 40,835 | Aug 27, 2026 |
| Aug 25, 2026 | Sangiovanni Vincentelli Alberto | Director | open-market sale10b5-1 | 41 | $324.66 | $13K | 40,794 | Aug 27, 2026 |
| Aug 25, 2026 | Cunningham Paul | Sr. Vice President | gift | 1,000 | $0.00 | — | 123,586 | Aug 27, 2026 |
Full insider history for Cadence Design Systems, or insider activity across all companies. A record of filings, not a recommendation.
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- Cadence Design Systems, Inc., CIK 813672 on EDGAR
- Extract generated
- October 29, 2026
- Withheld
- none
- Repaired
- 1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2022
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNetResearchAndDevelopmentExpenseGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpense, OtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueShortTermInvestmentsAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtNoncurrentStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationAndAmortization, DepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockThe data
The statements on this page as files, generated October 29, 2026.
- JSON file
/data/financials/CDNS.json