Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
325.34
-11.21 (-3.33%)
At close: Apr 28, 2026, 4:00 PM EDT
325.31
-0.02 (-0.01%)
After-hours: Apr 28, 2026, 4:01 PM EDT
Cadence Design Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | 2021 - 2017 |
| Revenue | 5,529 | 5,297 | 4,641 | 4,090 | 3,562 | 2,988 | Upgrade
|
| Revenue Growth (YoY) | 13.42% | 14.12% | 13.48% | 14.83% | 19.19% | 11.38% | Upgrade
|
| Cost of Revenue | 769.66 | 722.25 | 647.5 | 435.04 | 371.62 | 307.01 | Upgrade
|
| Gross Profit | 4,759 | 4,575 | 3,994 | 3,655 | 3,190 | 2,681 | Upgrade
|
| Selling, General & Admin | 1,119 | 1,086 | 1,017 | 920.65 | 836.24 | 746.68 | Upgrade
|
| Research & Development | 1,838 | 1,769 | 1,549 | 1,442 | 1,252 | 1,134 | Upgrade
|
| Amortization of Goodwill & Intangibles | 51.23 | 39.94 | 30.38 | 18.16 | 18.47 | 19.64 | Upgrade
|
| Operating Expenses | 3,009 | 2,894 | 2,596 | 2,381 | 2,106 | 1,901 | Upgrade
|
| Operating Income | 1,750 | 1,680 | 1,397 | 1,274 | 1,084 | 780.64 | Upgrade
|
| Interest Expense | -119.04 | -116.54 | -76 | -36.19 | -22.93 | -16.98 | Upgrade
|
| Interest & Investment Income | 101.58 | 101.58 | 62.48 | 29.64 | 10.1 | 2.63 | Upgrade
|
| Currency Exchange Gain (Loss) | -36.09 | -36.09 | -0.97 | -5.49 | -0.46 | -2.79 | Upgrade
|
| Other Non Operating Income (Expenses) | 3.03 | -2.07 | -1.2 | -2.71 | -0.86 | 5.9 | Upgrade
|
| EBT Excluding Unusual Items | 1,700 | 1,627 | 1,382 | 1,260 | 1,070 | 769.41 | Upgrade
|
| Merger & Restructuring Charges | -59.8 | -59.69 | -38.37 | -23.11 | -10.16 | -1.55 | Upgrade
|
| Gain (Loss) on Sale of Investments | 71.62 | 71.62 | 60.74 | 45.45 | -14.17 | 0.58 | Upgrade
|
| Gain (Loss) on Sale of Assets | 11.5 | 11.5 | - | - | - | - | Upgrade
|
| Legal Settlements | -128.55 | -128.55 | -8.32 | - | - | - | Upgrade
|
| Pretax Income | 1,594 | 1,522 | 1,396 | 1,282 | 1,045 | 768.44 | Upgrade
|
| Income Tax Expense | 423.49 | 413.16 | 340.34 | 240.78 | 196.41 | 72.48 | Upgrade
|
| Net Income | 1,171 | 1,109 | 1,055 | 1,041 | 848.95 | 695.96 | Upgrade
|
| Net Income to Common | 1,171 | 1,109 | 1,055 | 1,041 | 848.95 | 695.96 | Upgrade
|
| Net Income Growth | 8.28% | 5.06% | 1.38% | 22.64% | 21.98% | 17.83% | Upgrade
|
| Shares Outstanding (Basic) | 271 | 271 | 271 | 269 | 271 | 274 | Upgrade
|
| Shares Outstanding (Diluted) | 273 | 273 | 274 | 273 | 275 | 279 | Upgrade
|
| Shares Change (YoY) | -0.19% | -0.19% | 0.40% | -0.82% | -1.38% | -0.28% | Upgrade
|
| EPS (Basic) | 4.32 | 4.09 | 3.89 | 3.86 | 3.13 | 2.54 | Upgrade
|
| EPS (Diluted) | 4.29 | 4.06 | 3.85 | 3.82 | 3.09 | 2.50 | Upgrade
|
| EPS Growth | 8.89% | 5.46% | 0.78% | 23.63% | 23.60% | 18.48% | Upgrade
|
| Free Cash Flow | 1,430 | 1,587 | 1,118 | 1,247 | 1,119 | 1,036 | Upgrade
|
| Free Cash Flow Per Share | 5.23 | 5.81 | 4.08 | 4.57 | 4.07 | 3.71 | Upgrade
|
| Gross Margin | 86.08% | 86.36% | 86.05% | 89.36% | 89.57% | 89.73% | Upgrade
|
| Operating Margin | 31.66% | 31.72% | 30.11% | 31.16% | 30.43% | 26.12% | Upgrade
|
| Profit Margin | 21.18% | 20.94% | 22.74% | 25.46% | 23.84% | 23.29% | Upgrade
|
| Free Cash Flow Margin | 25.86% | 29.96% | 24.09% | 30.48% | 31.41% | 34.66% | Upgrade
|
| EBITDA | 2,010 | 1,908 | 1,594 | 1,420 | 1,216 | 922.95 | Upgrade
|
| EBITDA Margin | 36.35% | 36.02% | 34.35% | 34.71% | 34.14% | 30.89% | Upgrade
|
| D&A For EBITDA | 259.53 | 227.83 | 196.94 | 145.29 | 132.09 | 142.31 | Upgrade
|
| EBIT | 1,750 | 1,680 | 1,397 | 1,274 | 1,084 | 780.64 | Upgrade
|
| EBIT Margin | 31.66% | 31.72% | 30.11% | 31.16% | 30.43% | 26.12% | Upgrade
|
| Effective Tax Rate | 26.56% | 27.15% | 24.38% | 18.78% | 18.79% | 9.43% | Upgrade
|
| Revenue as Reported | 5,529 | 5,297 | 4,641 | 4,090 | 3,562 | 2,988 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.