Cadence Design Systems (CDNS) financials
Cadence Design Systems revenue and earnings by year
Cadence Design Systems's revenue was $5.30 billion in the fiscal year to December 31, 2025, up 14.1% from the year before. Net income was $1.11 billion, 20.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 12.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Jan 2022 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.30 | 4.64 | 4.09 | 3.56 | 2.99 | 2.68 | 2.34 | 2.14 | 1.94 | 1.82 |
| Revenue growth | 14.1% | 13.5% | 14.8% | 19.2% | 11.4% | 14.8% | 9.3% | 10.0% | 7.0% | — |
| Gross profit | 4.57 | 3.99 | 3.65 | 3.19 | 2.68 | 2.38 | 2.07 | 1.88 | 1.71 | 1.56 |
| Gross margin | 86.4% | 86.0% | 89.4% | 89.6% | 89.7% | 88.6% | 88.6% | 87.9% | 87.8% | 85.9% |
| Operating income | 1.49 | 1.35 | 1.25 | 1.07 | 0.78 | 0.65 | 0.49 | 0.40 | 0.32 | 0.24 |
| Operating margin | 28.2% | 29.1% | 30.6% | 30.1% | 26.1% | 24.1% | 21.1% | 18.5% | 16.7% | 13.5% |
| Net income | 1.11 | 1.06 | 1.04 | 0.85 | 0.70 | 0.59 | 0.99 | 0.35 | 0.20 | 0.20 |
| 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 |
| Free cash flow | 1.59 | 1.12 | 1.25 | 1.12 | 1.04 | 0.81 | 0.65 | 0.54 | 0.41 | 0.39 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CDNS in Markets.
How Cadence Design Systems makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Productandmaintenance | $1.49B | 91.1% |
| Technology Service | $146M | 8.9% |
See also: CDNS valuation and P/E history · CDNS returns
No forecast, no recommendation. This page describes Cadence Design Systems from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.