Cadence Design Systems Past Earnings Performance

Past criteria checks 6/6

Cadence Design Systems has been growing earnings at an average annual rate of 11.8%, while the Software industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 13.9% per year. Cadence Design Systems's return on equity is 20.1%, and it has net margins of 23.6%.

Key information

11.76%

Earnings growth rate

11.86%

EPS growth rate

Software Industry Growth	12.91%
Revenue growth rate	13.91%
Return on equity	20.09%
Net Margin	23.61%
Last Earnings Update	30 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Cadence Design Systems makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:CDNS * Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 26	5,838	1,378	1,176	1,927
31 Mar 26	5,529	1,171	1,115	1,838
31 Dec 25	5,297	1,109	1,086	1,769
30 Sep 25	5,213	1,061	1,052	1,696
30 Jun 25	5,089	1,012	1,059	1,681
31 Mar 25	4,875	1,081	1,031	1,609
31 Dec 24	4,641	1,055	1,017	1,549
30 Sep 24	4,354	1,039	1,002	1,525
30 Jun 24	4,162	1,055	972	1,487
31 Mar 24	4,077	1,047	953	1,470
31 Dec 23	4,090	1,041	921	1,442
30 Sep 23	3,921	958	906	1,425
30 Jun 23	3,801	890	899	1,379
31 Mar 23	3,682	855	864	1,311
31 Dec 22	3,562	849	836	1,252
01 Oct 22	3,435	785	810	1,190
02 Jul 22	3,283	775	773	1,156
02 Apr 22	3,154	744	763	1,154
01 Jan 22	2,988	696	747	1,134
02 Oct 21	2,975	693	729	1,136
03 Jul 21	2,891	678	703	1,097
03 Apr 21	2,801	654	684	1,063
02 Jan 21	2,683	591	668	1,034
26 Sep 20	2,523	1,077	644	979
27 Jun 20	2,436	1,016	639	968
28 Mar 20	2,378	992	634	949
28 Dec 19	2,336	989	621	936
28 Sep 19	2,307	428	597	919
29 Jun 19	2,259	426	584	902
30 Mar 19	2,197	393	578	889
29 Dec 18	2,138	346	573	885
29 Sep 18	2,070	233	569	870
30 Jun 18	2,023	215	568	853
31 Mar 18	1,983	209	560	830
30 Dec 17	1,943	204	553	804
30 Sep 17	1,910	257	539	782
01 Jul 17	1,871	241	526	767
01 Apr 17	1,845	221	527	754
31 Dec 16	1,816	203	519	735
01 Oct 16	1,788	245	523	716
02 Jul 16	1,776	258	525	679
02 Apr 16	1,739	267	512	654
02 Jan 16	1,702	252	512	638
03 Oct 15	1,684	237	511	631

Quality Earnings: CDNS * has high quality earnings.

Growing Profit Margin: CDNS *'s current net profit margins (23.6%) are higher than last year (19.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CDNS *'s earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: CDNS *'s earnings growth over the past year (36.2%) exceeds its 5-year average (11.8% per year).

Earnings vs Industry: CDNS * earnings growth over the past year (36.2%) exceeded the Software industry 14.1%.

Return on Equity

High ROE: CDNS *'s Return on Equity (20.1%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 02:03
End of Day Share Price	2026/09/09 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cadence Design Systems, Inc. is covered by 37 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joseph Vruwink	Baird
Nay Soe Naing	Berenberg
Gustav Froberg	Berenberg

Cadence Design Systems Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

Second quarter 2026 earnings released: EPS: US$1.34 (vs US$0.59 in 2Q 2025)

Cadence Design Systems, Inc. to Report Q2, 2026 Results on Jul 27, 2026

First quarter 2026 earnings released: EPS: US$1.23 (vs US$1.01 in 1Q 2025)

Full year 2025 earnings released: EPS: US$4.09 (vs US$3.89 in FY 2024)

Third quarter 2025 earnings released: EPS: US$1.06 (vs US$0.88 in 3Q 2024)

Second quarter 2025 earnings released: EPS: US$0.59 (vs US$0.85 in 2Q 2024)

Recent updates

Cadence Design Systems Achieves First-Pass Pci Express 6.0 Specification Compliance with Subsystem Solution in Tsmc N3 Process

Second quarter 2026 earnings released: EPS: US$1.34 (vs US$0.59 in 2Q 2025)

Cadence Design Systems, Inc. Provides Earnings Guidance for the third quarter Ending September 30, 2026; Updates Earnings Guidance for the Fiscal Year Ending December 31, 2026

Cadence Introduces AuraStack AI Super Agent, the World’s First Agentic AI Platform for PCB and Advanced Packaging

Cadence Design Systems, Inc. to Report Q2, 2026 Results on Jul 27, 2026

Cadence Unveils Industry’S First Fully Autonomous Virtual Engineer for Chip Design

Cadence Design Systems, Inc. Raises Earnings Guidance for the Year Ending December 31, 2026

First quarter 2026 earnings released: EPS: US$1.23 (vs US$1.01 in 1Q 2025)

Investor sentiment improves as stock rises 17%

Cadence Design Systems, Inc., Annual General Meeting, May 07, 2026

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Design & Engineering business of Hexagon Smart.

Full year 2025 earnings released: EPS: US$4.09 (vs US$3.89 in FY 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Fiscal Year 2026

Cadence Unleashes ChipStack Ai Super Agent

Investor sentiment deteriorates as stock falls 15%

Cadence Unveils Tensilica HiFi iQ DSP Purpose-Built for Next-Generation Voice AI and Audio Applications

Cadence Delivers Enterprise-Level Reliability with Next-Gen Low-Power Dram for Ai Applications Featuring Microsoft Raiddr Ecc Technology

Cadence Launches Partner Ecosystem to Accelerate Chiplet Time to Market

Cadence Design Systems, Inc. Appoints Luc Van Den Hove to Its Board of Directors, Effective January 1, 2026

Third quarter 2025 earnings released: EPS: US$1.06 (vs US$0.88 in 3Q 2024)

Cadence Design Systems, Inc. Raises Earnings Guidance for the Fiscal Year Ending December 31, 2025

Cadence Molecular Sciences Announces the Launch of Rocs X

Cadence Expands Digital Twin Platform Library with NVIDIA DGX SuperPOD Model to Accelerate AI Data Center Deployment and Operations

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Artisan Foundation IP Business from Arm Holdings plc (NasdaqGS:ARM).

Second quarter 2025 earnings released: EPS: US$0.59 (vs US$0.85 in 2Q 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 and Fiscal Year Ending December 31, 2025

Cadence Design Systems, Inc. Introduces LPDDR6/5X 14.4Gbps Memory IP to Power Next-Generation AI Infrastructure

Independent Director recently sold Mex$5.4m worth of stock

Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design

Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications

First quarter 2025 earnings released: EPS: US$1.01 (vs US$0.92 in 1Q 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2025

Cadence Advances Ai in the Cloud with DDR5 12.8Gbps MRDIMM Gen2 Memory Ip System Solution

Cadence Systems, Inc. Enables Next-Gen AI and HPC Systems with Industry's HBM4 12.8Gbps IP Memory System Solution

Cadence Design Systems, Inc., Annual General Meeting, May 08, 2025

Silvaco Group, Inc. (NasdaqGS:SVCO) acquired Process Proximity Compensation Product Line of Cadence Design Systems, Inc.

Full year 2024 earnings released: EPS: US$3.89 (vs US$3.87 in FY 2023)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Fiscal Year 2025

Insufficient new directors

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Secure-IC S.A.S.

Cadence Design Systems, Inc. Appoints Moshe Gavrielov to Board of Directors, Effective January 1, 2025

Third quarter 2024 earnings released: EPS: US$0.88 (vs US$0.94 in 3Q 2023)

Cadence Design Systems, Inc. Provides Unaudited Financial Guidance for the Fourth Quarter and Full Year Ending December 31, 2024

Altair Engineering Reportedly Explores Sale After Acquisition Interest

Insufficient new directors

Second quarter 2024 earnings released: EPS: US$0.85 (vs US$0.82 in 2Q 2023)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Now 23% overvalued

Investor sentiment deteriorates as stock falls 15%

Cadence Design Systems, Inc. to Report Q2, 2024 Results on Jul 22, 2024

Cadence Design Systems, Inc. Expands System IP Portfolio with Network on Chip to Optimize Electronic System Connectivity

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of BETA CAE Systems International AG.

First quarter 2024 earnings released: EPS: US$0.92 (vs US$0.90 in 1Q 2023)

Cadence Design Systems, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Cadence Design Systems, Inc., Annual General Meeting, May 02, 2024

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion.

Full year 2023 earnings released: EPS: US$3.87 (vs US$3.13 in FY 2022)

Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

John B. Shoven to Retire from the Board of Cadence Design Systems, Inc

Cadence Design Systems, Inc. Announces the Cadence Millennium Enterprise Multiphysics Platform

Cadence Design Systems, Inc. Significantly Advances ECAD/MCAD Convergence for Electronic Systems with New Celsius Studio AI Thermal Platform

Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired INVECAS Inc.

Cadence Design Systems, Inc. Announces Voltus InsightAI, Industry’s First Generative AI Technology that Automatically Identifies and Addresses EM-IR Violations

Cadence Design Systems, Inc. Expands Tensilica Ip Portfolio with New Hifi and Vision Dsps for Pervasive Intelligence and Edge Ai Inference

Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.69 in 3Q 2022)

Cadence Design Systems, Inc. Expands Support for 3Dblox 2.0 Standard with New System Prototyping Flows

Cadence Design Systems, Inc. Announces the Expansion of its Node-to-Node Design Migration Flow Based on the Cadence Virtuoso Studio

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Intrinsix Corp. from CEVA, Inc. (NasdaqGS:CEVA) for $31.3 million.

Cadence Design Systems, Inc. Accelerates On-Device and Edge AI Performance and Efficiency with New Neo NPU IP and NeuroWeave SDK for Silicon Design