# Cadence Design Systems Inc: overview

CDNS · Nasdaq · CIK 813672 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cdns.md) · [Financials](/companies/cdns/financials.md) · [Filings](/companies/cdns/filings.md) · [Insiders](/companies/cdns/insiders.md)

Latest reported revenue: [$1.47bn](/filings/0000813672-26-000047.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 1, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000813672-26-000047).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,061](/filings/0000813672-25-000113.md) | [1,215](/filings/0000813672-25-000148.md) | [1,356 d](/filings/0000813672-26-000016.md) | [1,242](/filings/0000813672-26-000047.md) | [1,275](/filings/0000813672-25-000113.md) | [1,339](/filings/0000813672-25-000148.md) | [1,440 d](/filings/0000813672-26-000016.md) | [1,474](/filings/0000813672-26-000047.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [27.7%](/filings/0000813672-25-000113.md) | [28.8%](/filings/0000813672-25-000148.md) | [33.7% d](/filings/0000813672-26-000016.md) | [29.1%](/filings/0000813672-26-000047.md) | [19.0%](/filings/0000813672-25-000113.md) | [31.8%](/filings/0000813672-25-000148.md) | [32.2% d](/filings/0000813672-26-000016.md) | [29.3%](/filings/0000813672-26-000047.md) |
| Net margin | % | [21.6%](/filings/0000813672-25-000113.md) | [19.6%](/filings/0000813672-25-000148.md) | [25.1% d](/filings/0000813672-26-000016.md) | [22.0%](/filings/0000813672-26-000047.md) | [12.5%](/filings/0000813672-25-000113.md) | [21.4%](/filings/0000813672-25-000148.md) | [27.0% d](/filings/0000813672-26-000016.md) | [22.8%](/filings/0000813672-26-000047.md) |
| Diluted EPS | $ per share | [0.84](/filings/0000813672-25-000113.md) | [0.87](/filings/0000813672-25-000148.md) | not reported | [1.00](/filings/0000813672-26-000047.md) | [0.59](/filings/0000813672-25-000113.md) | [1.05](/filings/0000813672-25-000148.md) | not reported | [1.23](/filings/0000813672-26-000047.md) |
| Free cash flow | $m | [127 d](/filings/0000813672-25-000113.md) | [383 d](/filings/0000813672-25-000148.md) | [404 d](/filings/0000813672-26-000016.md) | [464](/filings/0000813672-26-000047.md) | [334 d](/filings/0000813672-25-000113.md) | [277 d](/filings/0000813672-25-000148.md) | [512 d](/filings/0000813672-26-000016.md) | [307](/filings/0000813672-26-000047.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2022-01-01) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,988](/filings/0000813672-24-000034.md) | [3,562](/filings/0000813672-25-000024.md) | [4,090](/filings/0000813672-26-000016.md) | [4,641](/filings/0000813672-26-000016.md) | [5,297](/filings/0000813672-26-000016.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [26.1%](/filings/0000813672-24-000034.md) | [30.1%](/filings/0000813672-25-000024.md) | [30.6%](/filings/0000813672-26-000016.md) | [29.1%](/filings/0000813672-26-000016.md) | [28.2%](/filings/0000813672-26-000016.md) |
| Net margin | % | [23.3%](/filings/0000813672-24-000034.md) | [23.8%](/filings/0000813672-25-000024.md) | [25.5%](/filings/0000813672-26-000016.md) | [22.7%](/filings/0000813672-26-000016.md) | [20.9%](/filings/0000813672-26-000016.md) |
| Diluted EPS | $ per share | [2.50](/filings/0000813672-24-000034.md) | [3.09](/filings/0000813672-25-000024.md) | [3.82](/filings/0000813672-26-000016.md) | [3.85](/filings/0000813672-26-000016.md) | [4.06](/filings/0000813672-26-000016.md) |
| Free cash flow | $m | [1,036](/filings/0000813672-24-000034.md) | [1,119](/filings/0000813672-25-000024.md) | [1,247](/filings/0000813672-26-000016.md) | [1,118](/filings/0000813672-26-000016.md) | [1,587](/filings/0000813672-26-000016.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cdns/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $10.01bn | 26,660,845 |  | Added +1,208,252 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $6.76bn | 18,016,381 |  | Added +203,207 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.89bn | 13,031,391 |  | Added +539,368 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $3.59bn | 9,554,947 |  | Added +401,741 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $3.37bn | 8,980,518 |  | Added +5,958,395 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $2.93bn | 7,865,907 |  | Added +1,320,717 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.69bn | 7,184,139 |  | Reduced −691,332 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $2.61bn | 6,961,873 |  | Reduced −70,060 |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $1.84bn | 4,889,765 |  | Added +874,392 |
| [Capital International Investors](/funds/1562230.md) | 2026-06-30 | $1.83bn | 4,886,202 |  | Added +931,790 |

## Recent filings

[All 2,033 filings](/companies/cdns/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-26 | 16:03 ET | [8-K](/filings/0000813672-26-000116.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0000813672-26-000116 |
| 2026-07-29 | 17:45 ET | [10-Q](/filings/0000813672-26-000092.md) | Quarterly report, period 2026-06-30 | 0000813672-26-000092 |
| 2026-07-27 | 16:03 ET | [8-K](/filings/0000813672-26-000089.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000813672-26-000089 |
| 2026-05-12 | 18:14 ET | [8-K](/filings/0000813672-26-000067.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0000813672-26-000067 |
| 2026-05-12 | 18:12 ET | [8-K/A](/filings/0000813672-26-000066.md) | 5.02 Departure or appointment of officers or directors | 0000813672-26-000066 |
| 2026-05-01 | 16:30 ET | [10-Q](/filings/0000813672-26-000047.md) | Quarterly report, period 2026-03-31 | 0000813672-26-000047 |
| 2026-04-27 | 16:03 ET | [8-K](/filings/0000813672-26-000044.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000813672-26-000044 |
| 2026-03-25 | 16:48 ET | [DEF 14A](/filings/0001193125-26-124264.md) | Proxy statement, period 2026-05-07 | 0001193125-26-124264 |
| 2026-02-23 | 09:00 ET | [8-K](/filings/0000813672-26-000019.md) | 3.02 Unregistered sale of equity | 0000813672-26-000019 |
| 2026-02-19 | 17:45 ET | [10-K](/filings/0000813672-26-000016.md) | Annual report, period 2025-12-31 | 0000813672-26-000016 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000813672-26-000016.md), filed Feb 19, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 813672
- Tickers: CDNS
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 16:04 ET. No prices; not investment advice.