Cadence Design Systems financials
$324.17−0.77%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Jan 1 | FY20 Jan 2 | FY19 Dec 28 | FY18 Dec 29 | FY17 Dec 30 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.30B | $4.64B | $4.09B | $3.56B | $2.99B | $2.68B | $2.34B | $2.14B | $1.94B | $1.82B |
| Gross profit | $4.57B | $3.99B | $3.65B | $3.19B | $2.68B | $2.38B | $2.07B | $1.88B | $1.71B | $1.56B |
| Gross margin | 86.4% | 86.0% | 89.4% | 89.6% | 89.7% | 88.6% | 88.6% | 87.9% | 87.8% | 85.9% |
| Operating income | $1.49B | $1.35B | $1.25B | $1.07B | $779.1M | $645.6M | $491.8M | $396.2M | $324.0M | $244.9M |
| Net income | $1.11B | $1.06B | $1.04B | $849.0M | $696.0M | $590.6M | $989.0M | $345.8M | $204.1M | $203.1M |
| Net margin | 20.9% | 22.7% | 25.5% | 23.8% | 23.3% | 22.0% | 42.3% | 16.2% | 10.5% | 11.2% |
| Diluted EPS | $4.06 | $3.85 | $3.82 | $3.09 | $2.50 | $2.11 | $3.53 | $1.23 | $0.73 | $0.70 |
| EBITDA | $1.88B | $1.58B | $1.41B | $1.21B | $920.3M | $800.4M | $623.2M | $526.0M | $448.9M | $405.4M |
| Operating cash flow | $1.73B | $1.26B | $1.35B | $1.24B | $1.10B | $904.9M | $729.6M | $604.8M | $470.7M | $444.9M |
| Free cash flow | $1.59B | $1.12B | $1.25B | $1.12B | $1.04B | $810.1M | $655.0M | $543.2M | $412.8M | $391.2M |
| Diluted shares | 273.3M | 273.8M | 272.7M | 275.0M | 278.9M | 279.6M | 280.5M | 281.1M | 280.2M | 291.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Jan 1 | Jan 2 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.00B | $2.64B | $1.01B | $882.3M | $1.09B | $928.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.48B | $2.48B | $649.1M | $748.1M | $347.6M | $346.8M |
| Total assets | $10.15B | $8.97B | $5.67B | $5.14B | $4.39B | $3.95B |
| Total liabilities | $4.68B | $4.30B | $2.27B | $2.39B | $1.65B | $1.46B |
| Shareholders' equity | $5.47B | $4.67B | $3.40B | $2.75B | $2.74B | $2.49B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology