Cadence Design Systems (CDNS) Financials
Key financial figures for Cadence Design Systems (Q3 2026).
Cadence Q3 2026 revenue rose 22% YoY to $1.633 billion with a record $8.2 billion backlog, and full-year revenue guidance was raised to $6.387-$6.417 billion (about 21% growth). Revenue of $1.633 billion versus $1.339 billion in Q3 2025 (+22% YoY). Non-GAAP diluted EPS was $2.11 versus $1.93 a year earlier; GAAP diluted EPS was $1.05, unchanged from Q3 2025. GAAP operating margin fell to 26.2% from 31.8% a year earlier while non-GAAP operating margin was 44.1% versus 47.6%. The release's reconciliation shows amortization of acquired intangibles at 4.9% of revenue (1.9% a year earlier) and restructuring at 2.6% (2.0%); GAAP income from operations was $428.7 million versus $425.4 million. On the outlook: FY2026: revenue $6.387-$6.417 billion (raised from $6.26-$6.34 billion; about 21% growth at the midpoint), GAAP operating margin 28.2%-29.2%, non-GAAP operating margin 44.2%-45.2%, GAAP diluted EPS $4.84-$4.90, non-GAAP diluted EPS $8.37-$8.43 (raised from $8.05-$8.15). Q4 2026 per the CFO commentary exhibit: revenue $1.695-$1.725 billion, GAAP EPS $1.23-$1.29, non-GAAP EPS $2.19-$2.25, non-GAAP operating margin 44%-45%. Figures are for Q3 2026, as Cadence Design Systems, Inc. reported them.
- Revenue
- $1.6B
- Net Income
- $290M
- EPS
- $1.06
- Total Assets
- $12.2B
- Operating Cash Flow
- $424M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.6B | $290M | $1.05 | 26.25% | $362M |
| Q2 FY2026 | $1.6B | $367M | $1.33 | 28.4% | $582M |
| Q1 FY2026 | $1.5B | $336M | $1.23 | 29.26% | $307M |
| Q4 FY2025 | $1.4B | $388M | $1.42 | 32.3% | $512M |
| Q3 FY2025 | $1.3B | $287M | $1.05 | 33.82% | $277M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.3B | $1.1B | $4.06 | 31.15% | $1.6B |
| FY2024 | $4.6B | $1.1B | $3.85 | 29.1% | $1.1B |
| FY2023 | $4.1B | $1.0B | $3.82 | 30.59% | $1.2B |
Frequently asked questions
What was Cadence Design Systems, Inc.'s revenue last quarter?
Cadence Design Systems, Inc. reported revenue of $1.63 billion for Q3 FY2026, up 22.0% from the same period a year earlier.
Is Cadence Design Systems, Inc. profitable?
Yes. Cadence Design Systems, Inc. reported net income of $289.7 million for Q3 FY2026, a net margin of 17.74% on revenue.
How has Cadence Design Systems, Inc.'s margin trended?
Operating margin was 26.25% in Q3 FY2026, compared with 33.82% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Cadence Design Systems, Inc. generate?
Cadence Design Systems, Inc. generated free cash flow of $361.9 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Cadence Design Systems on SentiSense, with up to forty quarters and twenty fiscal years of history.