cadence design systems inc. - CDNS

CDNS

Close Chg Chg %
281.39 0.26 0.09%

Open Market

281.65

+0.26 (0.09%)

Volume: 860.71K

Last Updated:

Mar 26, 2026, 3:28 PM EDT

Company Overview: cadence design systems inc. - CDNS

CDNS Key Data

Open

$278.00

Day Range

278.00 - 284.16

52 Week Range

221.56 - 376.35

Market Cap

$76.72B

Shares Outstanding

272.65M

Public Float

271.52M

Beta

1.00

Rev. Per Employee

N/A

P/E Ratio

69.36

EPS

$4.09

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.51M

 

CDNS Performance

1 Week
 
-0.88%
 
1 Month
 
-6.64%
 
3 Months
 
-11.76%
 
1 Year
 
9.62%
 
5 Years
 
112.24%
 

CDNS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About cadence design systems inc. - CDNS

Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

CDNS At a Glance

Cadence Design Systems, Inc.
2655 Seely Avenue
San Jose, California 95134
Phone 1-408-943-1234 Revenue 5.30B
Industry Packaged Software Net Income 1.11B
Sector Technology Services 2025 Sales Growth 14.123%
Fiscal Year-end 12 / 2026 Employees 13,800
View SEC Filings

CDNS Valuation

P/E Current 69.356
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 77.043
Price to Sales Ratio 16.129
Price to Book Ratio 15.52
Price to Cash Flow Ratio 49.42
Enterprise Value to EBITDA 44.777
Enterprise Value to Sales 16.037
Total Debt to Enterprise Value 0.031

CDNS Efficiency

Revenue/Employee 383,823.116
Income Per Employee 80,354.203
Receivables Turnover 5.23
Total Asset Turnover 0.554

CDNS Liquidity

Current Ratio 2.856
Quick Ratio 2.67
Cash Ratio 1.93

CDNS Profitability

Gross Margin 85.61
Operating Margin 31.723
Pretax Margin 28.735
Net Margin 20.935
Return on Assets 11.595
Return on Equity 21.855
Return on Total Capital 13.622
Return on Invested Capital 14.449

CDNS Capital Structure

Total Debt to Total Equity 48.707
Total Debt to Total Capital 32.754
Total Debt to Total Assets 26.261
Long-Term Debt to Equity 47.796
Long-Term Debt to Total Capital 32.141
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cadence Design Systems Inc. - CDNS

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
3.56B 4.09B 4.64B 5.30B
Sales Growth
+19.19% +14.83% +13.48% +14.12%
Cost of Goods Sold (COGS) incl D&A
390.09M 453.20M 677.88M 762.19M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
132.09M 140.37M 187.35M 216.73M
Depreciation
72.27M 78.40M 96.90M 111.40M
Amortization of Intangibles
59.82M 61.97M 90.45M 105.33M
COGS Growth
+19.42% +16.18% +49.57% +12.44%
Gross Income
3.17B 3.64B 3.96B 4.53B
Gross Income Growth
+19.16% +14.67% +8.98% +14.41%
Gross Profit Margin
+89.05% +88.92% +85.39% +85.61%
2022 2023 2024 2025 5-year trend
SG&A Expense
2.10B 2.36B 2.57B 2.85B
Research & Development
1.25B 1.44B 1.55B 1.77B
Other SG&A
846.34M 920.65M 1.03B 1.09B
SGA Growth
+11.38% +12.61% +8.97% +10.88%
Other Operating Expense
- - - -
-
Unusual Expense
55.00K 12.26M 27.22M 174.21M
EBIT after Unusual Expense
1.07B 1.26B 1.36B 1.51B
Non Operating Income/Expense
(5.39M) 56.03M 109.91M 132.51M
Non-Operating Interest Income
10.10M 29.64M 62.48M 101.58M
Equity in Earnings of Affiliates
- 34.60M 49.59M 57.59M
Interest Expense
22.93M 36.19M 76.00M 116.54M
Interest Expense Growth
+35.06% +57.78% +110.03% +53.35%
Gross Interest Expense
22.93M 36.19M 76.00M 116.54M
Interest Capitalized
- - - -
-
Pretax Income
1.05B 1.28B 1.40B 1.52B
Pretax Income Growth
+36.04% +22.63% +8.88% +9.04%
Pretax Margin
+29.35% +31.34% +30.07% +28.74%
Income Tax
196.41M 240.78M 340.33M 413.15M
Income Tax - Current - Domestic
219.66M 172.43M 332.10M 200.56M
Income Tax - Current - Foreign
84.36M 104.87M 136.97M 146.55M
Income Tax - Deferred - Domestic
(129.81M) (62.41M) (135.62M) 39.88M
Income Tax - Deferred - Foreign
22.20M 25.90M 6.88M 26.16M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- 34.60M 49.59M 57.59M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
848.95M 1.04B 1.06B 1.11B
Minority Interest Expense
- - - -
-
Net Income
848.95M 1.04B 1.06B 1.11B
Net Income Growth
+21.98% +22.64% +1.38% +5.06%
Net Margin Growth
+23.84% +25.46% +22.74% +20.94%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
848.95M 1.04B 1.06B 1.11B
Preferred Dividends
- - - -
-
Net Income Available to Common
848.95M 1.04B 1.06B 1.11B
EPS (Basic)
3.1304 3.865 3.8917 4.0868
EPS (Basic) Growth
+23.02% +23.47% +0.69% +5.01%
Basic Shares Outstanding
271.20M 269.38M 271.21M 271.33M
EPS (Diluted)
3.087 3.8172 3.8545 4.0572
EPS (Diluted) Growth
+23.69% +23.65% +0.98% +5.26%
Diluted Shares Outstanding
275.01M 272.75M 273.83M 273.31M
EBITDA
1.21B 1.41B 1.58B 1.90B
EBITDA Growth
+31.02% +17.32% +11.43% +20.33%
EBITDA Margin
+33.86% +34.59% +33.97% +35.81%

Snapshot

Average Recommendation BUY Average Target Price 374.00
Number of Ratings 25 Current Quarters Estimate 1.907
FY Report Date 03 / 2026 Current Year's Estimate 8.06
Last Quarter’s Earnings 1.99 Median PE on CY Estimate N/A
Year Ago Earnings 7.14 Next Fiscal Year Estimate 9.278
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 17 21 20
Mean Estimate 1.91 1.89 8.06 9.28
High Estimates 1.95 2.06 8.31 9.75
Low Estimate 1.83 1.73 7.82 8.58
Coefficient of Variance 1.63 4.56 1.89 3.11

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 20 20 18
OVERWEIGHT 2 2 4
HOLD 3 3 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Cadence Design Systems Inc. - CDNS

Date Name Shares Transaction Value
Feb 20, 2026 Paul Scannell Sr. Vice President 20,279 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $283.46 per share 5,748,285.34
Jan 7, 2026 Paul Cunningham Sr. Vice President 96,067 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $315.7 per share 30,328,351.90
Jan 7, 2026 Luc van den Hove Director 265 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 James D. Plummer Director 23,996 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $319.95 per share 7,677,520.20

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