Cadence Design Systems

CDNSNasdaqCIK 813672Technology / Softwarefiscal year ends December70 quarters since 2009

Revenue, Q3 FY2026
$1.6B
+22.0% on Q3 FY2025
Net income
$290M
+0.9% on Q3 FY2025
Free cash flow
$362M
+30.7% on Q3 FY2025
Diluted EPS
$1.05
0.0% on Q3 FY2025
Revenue, TTM
$6.1B
trailing four quarters
Net margin, TTM
22.5%
net income $1.4B
Free cash flow, TTM
$1.8B
$2.0B less $204M capex
Cash and equivalents
$1.5B
long-term debt $2.0B, Sep 30, 2026
Shares, 12-month change
+0.8%
274M shares, Sep 30, 2026
Buybacks, TTM
$1.0B
1.1% of market value
Dividends, TTM
—
no yield
Market value
$90.0B
at the close, buybacks

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.

In Q3 FY2026, the quarter ended September 30, 2026, Cadence Design Systems reported revenue of $1.6B, +22.0% on Q3 FY2025, and net income of $290M (+0.9%). Operating margin was 26.2%. Free cash flow, operating cash flow less capital expenditures, was $362M ($424M less $62M). Diluted earnings per share were $1.05.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.

Revenue and net incomeRevenueNet income
$0$500M$1.0B$1.5B$2.0BQ4'22, Revenue: $900MQ4'22, Net income: $240MQ4'22Q1'23, Revenue: $1.0BQ1'23, Net income: $242MQ1'23Q2'23, Revenue: $977MQ2'23, Net income: $221MQ2'23Q3'23, Revenue: $1.0BQ3'23, Net income: $254MQ3'23Q4'23, Revenue: $1.1BQ4'23, Net income: $324MQ4'23Q1'24, Revenue: $1.0BQ1'24, Net income: $248MQ1'24Q2'24, Revenue: $1.1BQ2'24, Net income: $230MQ2'24Q3'24, Revenue: $1.2BQ3'24, Net income: $238MQ3'24Q4'24, Revenue: $1.4BQ4'24, Net income: $340MQ4'24Q1'25, Revenue: $1.2BQ1'25, Net income: $274MQ1'25Q2'25, Revenue: $1.3BQ2'25, Net income: $160MQ2'25Q3'25, Revenue: $1.3BQ3'25, Net income: $287MQ3'25Q4'25, Revenue: $1.4BQ4'25, Net income: $388MQ4'25Q1'26, Revenue: $1.5BQ1'26, Net income: $336MQ1'26Q2'26, Revenue: $1.6BQ2'26, Net income: $367MQ2'26Q3'26, Revenue: $1.6BQ3'26, Net income: $290MQ3'26$0$500M$1.0B$1.5B$2.0BQ4'22, Revenue: $900MQ4'22, Net income: $240MQ1'23, Revenue: $1.0BQ1'23, Net income: $242MQ1'23Q2'23, Revenue: $977MQ2'23, Net income: $221MQ3'23, Revenue: $1.0BQ3'23, Net income: $254MQ3'23Q4'23, Revenue: $1.1BQ4'23, Net income: $324MQ1'24, Revenue: $1.0BQ1'24, Net income: $248MQ1'24Q2'24, Revenue: $1.1BQ2'24, Net income: $230MQ3'24, Revenue: $1.2BQ3'24, Net income: $238MQ3'24Q4'24, Revenue: $1.4BQ4'24, Net income: $340MQ1'25, Revenue: $1.2BQ1'25, Net income: $274MQ1'25Q2'25, Revenue: $1.3BQ2'25, Net income: $160MQ3'25, Revenue: $1.3BQ3'25, Net income: $287MQ3'25Q4'25, Revenue: $1.4BQ4'25, Net income: $388MQ1'26, Revenue: $1.5BQ1'26, Net income: $336MQ1'26Q2'26, Revenue: $1.6BQ2'26, Net income: $367MQ3'26, Revenue: $1.6BQ3'26, Net income: $290MQ3'26

Net income losses drawn in red.

Free cash flow
$0$200M$400M$600MQ4'22, Free cash flow: $227MQ4'22Q1'23, Free cash flow: $241MQ1'23Q2'23, Free cash flow: $394MQ2'23Q3'23, Free cash flow: $374MQ3'23Q4'23, Free cash flow: $238MQ4'23Q1'24, Free cash flow: $204MQ1'24Q2'24, Free cash flow: $127MQ2'24Q3'24, Free cash flow: $383MQ3'24Q4'24, Free cash flow: $404MQ4'24Q1'25, Free cash flow: $464MQ1'25Q2'25, Free cash flow: $334MQ2'25Q3'25, Free cash flow: $277MQ3'25Q4'25, Free cash flow: $512MQ4'25Q1'26, Free cash flow: $307MQ1'26Q2'26, Free cash flow: $582MQ2'26Q3'26, Free cash flow: $362MQ3'26$0$200M$400M$600MQ4'22, Free cash flow: $227MQ1'23, Free cash flow: $241MQ1'23Q2'23, Free cash flow: $394MQ3'23, Free cash flow: $374MQ3'23Q4'23, Free cash flow: $238MQ1'24, Free cash flow: $204MQ1'24Q2'24, Free cash flow: $127MQ3'24, Free cash flow: $383MQ3'24Q4'24, Free cash flow: $404MQ1'25, Free cash flow: $464MQ1'25Q2'25, Free cash flow: $334MQ3'25, Free cash flow: $277MQ3'25Q4'25, Free cash flow: $512MQ1'26, Free cash flow: $307MQ1'26Q2'26, Free cash flow: $582MQ3'26, Free cash flow: $362MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $882MQ4'22Q1'23, Cash and equivalents: $917MQ1'23Q2'23, Cash and equivalents: $874MQ2'23Q3'23, Cash and equivalents: $962MQ3'23Q4'23, Cash and equivalents: $1.0BQ4'23Q1'24, Cash and equivalents: $1.0BQ1'24Q2'24, Cash and equivalents: $1.1BQ2'24Q3'24, Cash and equivalents: $2.8BQ3'24Q4'24, Cash and equivalents: $2.6BQ4'24Q1'25, Cash and equivalents: $2.8BQ1'25Q2'25, Cash and equivalents: $2.8BQ2'25Q3'25, Cash and equivalents: $2.8BQ3'25Q4'25, Cash and equivalents: $3.0BQ4'25, Long-term debt: $2.5BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26Q2'26, Cash and equivalents: $1.4BQ2'26Q3'26, Cash and equivalents: $1.5BQ3'26, Long-term debt: $2.0BQ3'26$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $882MQ1'23, Cash and equivalents: $917MQ1'23Q2'23, Cash and equivalents: $874MQ3'23, Cash and equivalents: $962MQ3'23Q4'23, Cash and equivalents: $1.0BQ1'24, Cash and equivalents: $1.0BQ1'24Q2'24, Cash and equivalents: $1.1BQ3'24, Cash and equivalents: $2.8BQ3'24Q4'24, Cash and equivalents: $2.6BQ1'25, Cash and equivalents: $2.8BQ1'25Q2'25, Cash and equivalents: $2.8BQ3'25, Cash and equivalents: $2.8BQ3'25Q4'25, Cash and equivalents: $3.0BQ4'25, Long-term debt: $2.5BQ1'26, Cash and equivalents: $1.4BQ1'26Q2'26, Cash and equivalents: $1.4BQ3'26, Cash and equivalents: $1.5BQ3'26, Long-term debt: $2.0BQ3'26

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.

Cadence Design Systems income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue1,6331,5841,4741,4401,3391,2751,2421,356+22.0%
Cost of revenue—————————
Gross profit—————————
Research and development538531508—423442439—+27.1%
Selling, general and administrative113898810378696370+44.8%
Operating income429450431463425242362457+0.8%
Other income (expense)10952859(4)682310+379.8%
Pretax income408510428493393281356437+4.0%
Income tax119143921051061218296+12.2%
Net income290367336388287160274340+0.9%
Diluted EPS ($)1.051.331.23—1.050.591.00—0.0%
Diluted shares (millions)275276274—274273274——

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.

Cadence Design Systems balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents1,4521,4401,4073,0012,7532,8232,7782,644−47.3%
Short-term investments———154———141—
Total current assets3,3543,2223,1804,6704,2874,2233,9984,016−21.8%
Total assets12,22512,08012,09810,1539,5999,5099,0138,974+27.4%
Total current liabilities2,4661,8492,1631,6351,4071,4971,3011,370+75.4%
Long-term debt1,984——2,480—————
Total liabilities—————————
Stockholders’ equity6,8756,8586,5615,4745,1995,0074,7764,674+32.2%
Shares outstanding (millions)274275276273272272273274—

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.

Cadence Design Systems cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow424635356553311378487441+36.4%
Capital expenditures6253494134442337+83.5%
Free cash flow (CFO − capex)362582307512277334464404+30.7%
Depreciation and amortization119117856557545355+109.2%
Share repurchases400200200200200175350150+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

Cadence Design Systems income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 13, 2023FY2021ended Jan 1, 2022filed Feb 22, 2022FY2020ended Jan 2, 2021filed Feb 22, 2021FY2019ended Dec 28, 2019filed Feb 24, 2020FY2018ended Dec 29, 2018filed Feb 27, 2019FY2017ended Dec 30, 2017filed Feb 20, 2018FY2016ended Dec 31, 2016filed Feb 10, 2017FY2015ended Jan 2, 2016filed Feb 18, 2016FY2014ended Jan 3, 2015filed Feb 20, 2015FY2013ended Dec 28, 2013filed Feb 20, 2014FY2012ended Dec 29, 2012filed Feb 21, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Jan 1, 2011filed Feb 24, 2011FY2009ended Jan 2, 2010filed Aug 4, 2010FY2008ended Jan 3, 2009filed Aug 4, 2010
Revenue5,2974,6414,0903,5622,9882,6832,3362,1381,9431,8161,7021,5811,4601,3261,1509368531,039
Cost of revenue——————————————————
Gross profit——————————————————
Research and development——————————————————
Selling, general and administrative3132742422421891541401331341251101141211129386123152
Operating income1,4921,3511,2511,074779646492396324245285207189212120(29)(124)(1,573)
Other income (expense)14712167(5)68631716108811183(1)(17)
Pretax income1,5221,3961,2821,04576863347937631523726818115918895(63)(154)—
Income tax4133402411967242(510)31111341522(5)(252)23(189)(4)239
Net income1,1091,0551,04184969659198934620420325215916444072127(150)(1,857)
Diluted EPS ($)4.063.853.823.092.502.113.531.230.730.700.810.520.561.570.270.48(0.58)(7.30)
Diluted shares (millions)273274273275279280281281280291312307295281271266258254

Balance sheet

Cadence Design Systems balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 13, 2023FY2021ended Jan 1, 2022filed Feb 22, 2022FY2020ended Jan 2, 2021filed Feb 22, 2021FY2019ended Dec 28, 2019filed Feb 24, 2020FY2018ended Dec 29, 2018filed Feb 27, 2019FY2017ended Dec 30, 2017filed Feb 20, 2018FY2016ended Dec 31, 2016filed Feb 10, 2017FY2015ended Jan 2, 2016filed Feb 18, 2016FY2014ended Jan 3, 2015filed Feb 20, 2015FY2013ended Dec 28, 2013filed Feb 20, 2014FY2012ended Dec 29, 2012filed Feb 21, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Jan 1, 2011filed Feb 24, 2011FY2009ended Jan 2, 2010filed Aug 4, 2010FY2008ended Jan 3, 2009filed Aug 4, 2010
Cash and equivalents3,0012,6441,0088821,089928705533688465617932536726602557569568
Short-term investments1541411304————439490971013132—
Total current assets4,6704,0161,9761,7071,7161,4791,1699519807029641,8521,2211,3911,064879851—
Total assets10,1538,9745,6695,1374,3863,9513,3572,4692,4192,0972,3463,2102,4292,2871,7611,7321,411—
Total current liabilities1,6351,3701,5911,3489717976727096425865361,3931,1481,2171,015698398—
Long-term debt2,480—————————————————
Total liabilities——————————————————
Stockholders’ equity5,4744,6743,4042,7452,7412,4932,1031,2889897421,3761,3341,156915411277108187
Shares outstanding (millions)273274272273277279280280283279305292289282274268——

Cash flow statement

Cadence Design Systems cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 13, 2023FY2021ended Jan 1, 2022filed Feb 22, 2022FY2020ended Jan 2, 2021filed Feb 22, 2021FY2019ended Dec 28, 2019filed Feb 24, 2020FY2018ended Dec 29, 2018filed Feb 27, 2019FY2017ended Dec 30, 2017filed Feb 20, 2018FY2016ended Dec 31, 2016filed Feb 10, 2017FY2015ended Jan 2, 2016filed Feb 18, 2016FY2014ended Jan 3, 2015filed Feb 20, 2015FY2013ended Dec 28, 2013filed Feb 20, 2014FY2012ended Dec 29, 2012filed Feb 21, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Jan 1, 2011filed Feb 24, 2011FY2009ended Jan 2, 2010filed Aug 4, 2010FY2008ended Jan 3, 2009filed Aug 4, 2010
Operating cash flow1,7291,2611,3491,2421,1019057306054714453783173683162401992670
Capital expenditures1421431021236595756258544540453631354197
Free cash flow (CFO − capex)1,5871,1181,2471,1191,036810655543413391333277323280209164(16)(27)
Depreciation and amortization2281971451321421461231191161201181169889928893126
Share repurchases9255507001,05061238030625010096033310000040—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.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$4M
15 sales by 5 insiders; officers and directors $4M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$105M
116 sales by 9 insiders; officers and directors $105M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 15, 2026Cunningham PaulSr. Vice Presidentoption exercise1,000$138.02$138K121,612Oct 16, 2026
Oct 15, 2026Cunningham PaulSr. Vice Presidentopen-market sale10b5-12,000$324.13$648K119,612Oct 16, 2026
Oct 1, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-11,250$350.07$438K39,544Oct 5, 2026
Sep 17, 2026Scannell PaulSr. Vice Presidenttax withholding937$280.76$263K30,783Sep 21, 2026
Sep 17, 2026Devgan AnirudhPresident and CEO, Directortax withholding3,779$280.76$1M247,201Sep 21, 2026
Sep 17, 2026Teng Chin-ChiSr. Vice Presidenttax withholding1,181$280.76$332K136,075Sep 21, 2026
Sep 17, 2026Wall John MSr. VP & CFOtax withholding1,433$280.76$402K79,459Sep 21, 2026
Sep 17, 2026Cunningham PaulSr. Vice Presidenttax withholding1,181$280.76$332K120,612Sep 21, 2026
Sep 15, 2026Teng Chin-ChiSr. Vice Presidenttax withholding793$273.96$217K137,256Sep 17, 2026
Sep 15, 2026Devgan AnirudhPresident and CEO, Directortax withholding2,539$273.96$696K250,980Sep 17, 2026
Sep 15, 2026Wall John MSr. VP & CFOtax withholding983$273.96$269K80,892Sep 17, 2026
Sep 15, 2026Cunningham PaulSr. Vice Presidenttax withholding793$273.96$217K122,793Sep 17, 2026
Sep 15, 2026Cunningham PaulSr. Vice Presidentoption exercise1,000$138.02$138K123,793Sep 17, 2026
Sep 15, 2026Cunningham PaulSr. Vice Presidentopen-market sale10b5-12,000$277.12$554K121,793Sep 17, 2026
Sep 10, 2026Brennan Ita MDirectoropen-market sale10b5-133$284.44$9K7,971Sep 14, 2026
Sep 10, 2026Brennan Ita MDirectoropen-market sale10b5-1127$285.58$36K7,844Sep 14, 2026
Sep 10, 2026Brennan Ita MDirectoropen-market sale10b5-114$286.47$4K7,830Sep 14, 2026
Sep 10, 2026Brennan Ita MDirectoropen-market sale10b5-16$287.79$2K7,824Sep 14, 2026
Aug 26, 2026Scannell PaulSr. Vice Presidentopen-market sale10b5-1280$339.00$95K31,720Aug 27, 2026
Aug 25, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-1280$318.33$89K41,764Aug 27, 2026
Aug 25, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-1240$319.31$77K41,524Aug 27, 2026
Aug 25, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-1380$321.16$122K41,144Aug 27, 2026
Aug 25, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-1309$323.54$100K40,835Aug 27, 2026
Aug 25, 2026Sangiovanni Vincentelli AlbertoDirectoropen-market sale10b5-141$324.66$13K40,794Aug 27, 2026
Aug 25, 2026Cunningham PaulSr. Vice Presidentgift1,000$0.00—123,586Aug 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

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNet
Cost of revenue: not filed
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense, OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: ShortTermInvestments
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: not filed
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated October 29, 2026.

JSON file
/data/financials/CDNS.json