CDNS (Cadence Design Systems, Inc.) Stock Financials & Earnings

CDNSCadence Design Systems, Inc.

Mkt Cap$81B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$5.3B

Net Income (TTM)$1.1B

EPS (TTM)$4.06

Free Cash Flow (TTM)$1.6B

Gross Margin96.2%

Op. Margin28.2%

Net Margin20.9%

FCF Margin30.0%

P/S Ratio (TTM)15.2x

P/E Ratio (TTM)72.8x

YoY Rev Growth+14.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1.0B	$897M	$322M
Q2 23	$977M	$880M	$299M
Q3 23	$1.0B	$914M	$293M
Q4 23	$1.1B	$965M	$337M
Q1 24	$1.0B	$884M	$250M
Q2 24	$1.1B	$921M	$294M
Q3 24	$1.2B	$1.1B	$350M
Q4 24	$1.4B	$1.1B	$457M
Q1 25	$1.2B	$1.1B	$362M
Q2 25	$1.3B	$1.1B	$242M
Q3 25	$1.3B	$1.3B	$425M
Q4 25	$1.4B	$1.7B	$463M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$350M	$54M	$167M
Q2 23	$354M	$55M	$167M
Q3 23	$370M	$59M	$176M
Q4 23	$367M	$76M	$180M
Q1 24	$379M	$69M	$181M
Q2 24	$371M	$63M	$187M
Q3 24	$407M	$72M	$190M
Q4 24	$392M	$79M	$200M
Q1 25	$439M	$63M	$203M
Q2 25	$442M	$69M	$201M
Q3 25	$423M	$78M	$193M
Q4 25	$465M	$103M	$207M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	13.3%	35.6%	48.9
Q2 23	13.9%	34.9%	48.8
Q3 23	13.4%	33.8%	47.2
Q4 23	18.8%	38.6%	57.4
Q1 24	-1.2%	35.4%	34.2
Q2 24	8.6%	35.4%	44.0
Q3 24	18.8%	34.0%	52.8
Q4 24	26.9%	38.4%	65.3
Q1 25	23.1%	35.1%	58.2
Q2 25	20.2%	28.8%	49.0
Q3 25	10.1%	35.5%	45.7
Q4 25	6.2%	40.8%	47.0

Revenue Segments

Revenue by Geography

Quarter	Americas	Asia	Emea	Japan
Q1 23	$450M	$362M	$154M	$55M
Q2 23	$402M	$351M	$167M	$57M
Q3 23	$437M	$370M	$158M	$58M
Q4 23	$470M	$364M	$176M	$59M
Q1 24	$463M	$326M	$169M	$51M
Q2 24	$519M	$326M	$153M	$64M
Q3 24	$605M	$368M	$175M	$68M
Q4 24	$666M	$410M	$203M	$78M
Q1 25	$599M	$380M	$196M	$68M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$917M	$0	$917M
Q2 23	$874M	$0	$874M
Q3 23	$962M	$0	$962M
Q4 23	$1.0B	$130M	$1.1B
Q1 24	$1.0B	$0	$1.0B
Q2 24	$1.1B	$0	$1.1B
Q3 24	$2.8B	$0	$2.8B
Q4 24	$2.6B	$141M	$2.8B
Q1 25	$2.8B	$0	$2.8B
Q2 25	$2.8B	$0	$2.8B
Q3 25	$2.8B	$0	$2.8B
Q4 25	$3.0B	$0	$3.0B

Shares Outstanding

Revenue Per Employee

Revenue / Employee