CDNS financials
Cadence Design Systems, Inc. · end-of-day data as of Oct 16, 2026
Cadence Design Systems, Inc.
$319.51-2.1%
Buy · 25 analystsPT $400.29 +25.3%
CDNS reported revenue of $1.58B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 24.2% from a year earlier. It posted diluted EPS of $1.33, free cash flow of $582M and a net margin of 23.2%.
Valuation
- P/E63.5x
- P/E vs own-17.2%
- P/E vs sector+90.2%
- FCF yield+1.9%
- Market cap$87.99B
Quarterly results
Q2 FY2026: Revenue +24.2% year over year, free cash flow 36.8% of revenue, operating margin 28.4%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $1.58B | 1.33 | $582M | 84.9% | 28.4% | 23.2% |
| Q1 FY2026 | Mar 31, 2026 | $1.47B | 1.23 | $307M | 85.4% | 29.3% | 22.8% |
| Q4 FY2025 | Dec 31, 2025 | $1.44B | 1.42 | $512M | 86.9% | 32.3% | 27.0% |
| Q3 FY2025 | Sep 30, 2025 | $1.34B | 1.05 | $277M | 86.4% | 33.8% | 21.4% |
| Q2 FY2025 | Jun 30, 2025 | $1.28B | 0.59 | $334M | 85.6% | 29.0% | 12.5% |
| Q1 FY2025 | Mar 31, 2025 | $1.24B | 1.00 | $464M | 86.5% | 29.1% | 22.0% |
| Q4 FY2024 | Dec 31, 2024 | $1.36B | 1.24 | $404M | 83.8% | 33.7% | 25.1% |
| Q3 FY2024 | Sep 30, 2024 | $1.22B | 0.87 | $383M | 86.6% | 28.8% | 19.6% |
| Q2 FY2024 | Jun 30, 2024 | $1.06B | 0.84 | $127M | 86.9% | 27.7% | 21.6% |
| Q1 FY2024 | Mar 31, 2024 | $1.01B | 0.91 | $204M | 87.6% | 24.8% | 24.5% |
| Q4 FY2023 | Dec 31, 2023 | $1.07B | 1.19 | $238M | 90.3% | 31.5% | 30.3% |
| Q3 FY2023 | Sep 30, 2023 | $1.02B | 0.93 | $374M | 89.3% | 28.6% | 24.9% |