Stock research

Cadence Design Systems, Inc. (CDNS) Stock Research

Cadence makes electronic design automation tools and IP that engineers use to design integrated circuits and electronic systems.

For the fiscal year ended December 31, 2025, Cadence Design Systems, Inc. reported revenue of $5.3B and net income of $1.1B, with operating cash flow of $1.7B. Source: Form 10-K filed February 19, 2026

SEC data as of

Revenue
$5.3B
FY ending 2025-12-31
Net income
$1.1B
FY ending 2025-12-31
Diluted EPS
$4.06
Net margin
20.9%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

Loading delayed market data…

Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.

About Cadence Design Systems

Exchange
NASDAQ: CDNS
Sector
Information Technology
SEC industry
Services-Prepackaged Software (SIC 7372)
Fiscal year end
December 31

CDNS key financials

Reported figures from Cadence Design Systems, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$5.3B2025-01-01 – 2025-12-31SEC filing
Net income$1.1B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$1.7B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$4.062025-01-01 – 2025-12-31SEC filing
Net margin20.9%2025-01-01 – 2025-12-31SEC filing
Shares outstanding273MAs of 2026-01-31SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in CDNS

Cadence Design Systems, Inc. sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for CDNS; the forces that matter most for the sector are:

  • ◆The AI capital-expenditure cycle
  • ◆Interest rates and the cost of long-duration growth
  • ◆Enterprise IT budgets and cloud migration
  • ◆Export controls and the US–China chip race

Key questions for the CDNS thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does CDNS's reported profit turn into cash?

Operating cash flow was $1.7B, 1.56 times net income of $1.1B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 19, 2026

How much of CDNS's revenue is left as profit?

Net income was 20.9% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 19, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

Congressional trading in CDNS

PoliticianTrade dateTypeOwnerAmountSource
Kevin Hern2026-09-14SaleJoint$15,001 - $50,000Filing #20035491
Kevin Hern2026-09-02SaleJoint$15,001 - $50,000Filing #20035491
Byron Donalds2026-06-05SaleSelf$1,001 - $15,000Filing #20034968
Byron Donalds2026-06-05SaleSpouse$1,001 - $15,000Filing #20034968
Alan Armstrong2026-03-27SaleSelf$50,001 - $100,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Valerie Hoyle2025-09-23SaleSpouse$1,001 - $15,000Filing #20032211
Gilbert Cisneros2025-08-05SaleSelf$1,001 - $15,000Filing #20031022
Jefferson Shreve2025-05-12SaleSelf$50,001 - $100,000Filing #20030387
Greg Landsman2025-03-27SaleSpouse$1,001 - $15,000Filing #20029084
Robert Bresnahan2025-03-17PurchaseSelf$1,001 - $15,000Filing #20029055

All verified CDNS congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

CDNS — frequently asked questions

What does Cadence Design Systems, Inc. do?

Cadence makes electronic design automation tools and IP that engineers use to design integrated circuits and electronic systems.

What were CDNS's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Cadence Design Systems, Inc. reported revenue of $5.3B and net income of $1.1B, with operating cash flow of $1.7B. The figures come from Cadence Design Systems, Inc.'s SEC XBRL filings.

When does Cadence Design Systems, Inc.'s fiscal year end?

The SEC lists Cadence Design Systems, Inc.'s fiscal year end as December 31.

Do members of Congress trade CDNS?

The current verified House and Senate snapshot contains 14 transaction rows for CDNS, each linked to the original filing.

Is CDNS a good investment?

This page does not rate CDNS as a buy or sell. It sets out what Cadence Design Systems, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the CDNS numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included