Cadence Design Systems, Inc.

Cadence Design Systems, Inc.

CDNSยทNASDAQ

$408.00

-2.0%
TechnologySoftware - Application

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$112.53B
EPS4.0900
P/E Ratio99.76
Earnings Date07/27/2026
3Y+39.0%
5Y+91.0%
10Y+289.0%
3Y-38.0%
5Y+58.0%
10Y-34037.0%
3Y+44.0%
5Y+129.0%
10Y+60.0%
CDNS

Cadence Design Systems, Inc. Cash Conversion Engine

CDNS ยท NASDAQ
Net Income1.11B
Depreciation & Amortization233.84M
Stock-Based Compensation455.18M
Change in Working Capital-73.25M
Others-61.92M
Capital Expenditures-141.87M
Free Cash Flow1.59B

Cash Flow Quality Analysis

FCF Conversion Rate

143.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

8.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+41.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$73.25M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Cadence Design Systems, Inc. Cash Flow Statement

CDNS โ€ข NASDAQ

Cadence Design Systems, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
1.1B
1.1B
1B
849M
696M
590.6M
989M
345.8M
204.1M
203.1M
252.4M
158.9M
164.2M
439.9M
72.2M
142.3M
-149.9M
-1.9B
296.3M
142.6M
233.8M
195M
140.4M
135.4M
130.7M
150.1M
123.4M
118.7M
115.5M
119.6M
118.2M
115.6M
98.3M
89.2M
91.6M
88.3M
93.1M
128.7M
130.6M
147.1M
66M
0.0
-36.5M
-107.6M
-43.2M
-26.1M
-576.7M
-11.7M
79.9M
-4.9M
-13.1M
12.5M
-2.4M
-240.4M
-7.8M
-64.2M
-3.4M
205.7M
12.8M
29.5M
455.2M
391.2M
325.6M
270.4M
210.1M
197.3M
181.5M
167.7M
130M
109.2M
92.3M
83.8M
66.3M
47.6M
43.6M
43.5M
54.7M
81.3M
0.0
0.0
-61.9M
-172.2M
-22.7M
7.1M
1.6M
8.4M
6.2M
6.2M
-7.6M
-552K
7.9M
22.7M
24M
20.7M
18.9M
-2.2M
57.7M
1.5B
207.3M
288.5M
(0.0)
(510M)
(253.7M)
(233.2M)
(146.4M)
(105.9M)
(41.9M)
(68M)
(59.1M)
(36.8M)
(29.5M)
(26.5M)
(0.0)
(18.6M)
(19M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-73.3M
-209M
-98.8M
87.5M
105.8M
-15.4M
6.3M
-22M
-51.3M
18.4M
-79.5M
-76.8M
17.1M
-41M
21.8M
-24.4M
-26.6M
30.1M
-346M
-186.5M
1.7B
1.3B
1.3B
1.2B
1.1B
904.9M
729.6M
604.8M
470.7M
444.9M
378.2M
316.7M
367.6M
316M
240.3M
199.1M
25.6M
70.3M
402.4M
421.2M
INVESTING ACTIVITIES
-141.9M
-142.5M
-102.3M
-124.2M
-66.9M
-94.8M
-74.6M
-61.5M
-57.9M
-53.7M
-44.8M
-39.8M
-44.9M
-36M
-31.4M
-37.5M
-42.1M
-99.7M
-83.8M
-76M
-429.5M
-737.6M
-198.4M
-613.8M
-226.2M
-197.6M
-338K
(0.0)
-143.2M
-41.6M
(0.0)
-167.1M
-392.8M
-66.4M
-44.1M
-256.1M
-14.1M
-20.9M
-80.7M
-65.8M
-40.9M
-5M
-176.2M
-1M
(1.6M)
(197.3M)
-33.7M
-115.8M
(0.0)
-20.5M
-96.5M
-124.2M
-111.7M
-121.4M
-608K
-3M
-2.3M
-62.4M
-3.2M
-3.9M
140.3M
48M
64.8M
366K
128K
217K
3M
3.5M
9.9M
116.3M
96.8M
133.1M
122.6M
22.6M
19.6M
10.6M
4.1M
60.6M
12.8M
33.7M
11.5M
0.0
-166K
0.0
-1.6M
-197.3M
0.0
0.0
0.0
923K
0.0
0.0
0.0
0.0
0.0
900K
3.9M
-4.4M
46.5M
317K
-460.5M
-837.1M
-412.2M
-738.6M
-293M
-292.2M
-105.7M
-173.8M
-191.2M
(1.4M)
-44.5M
-198M
-426.9M
-201.2M
-56.5M
-285.1M
-50.5M
-126.9M
-108.4M
-111.8M
FINANCING ACTIVITIES
-779.1M
-583.5M
-703.6M
-1.1B
-642.5M
-415.3M
-343.9M
-279.1M
-108.2M
-942.1M
-291.9M
-58.9M
22.5M
17M
5.5M
-35.3M
28M
-225.8M
-163.2M
-428M
0.0
1.8B
-100M
300M
0.0
0.0
-100M
-288.9M
38.9M
300M
-350M
348.6M
-144.6M
0.0
-155.8M
157.6M
-2.5M
-230.2M
-28M
139.5M
-925M
-787.8M
-836.5M
-1.2B
-730.3M
-490.1M
-396.7M
-320M
-157.2M
-960.3M
-366.8M
-124.8M
-20.1M
-15.7M
-14.2M
-48.9M
(0.0)
-274M
-418.6M
-624M
-169.8M
-23.8M
0.0
204.9M
-1.3M
0.0
-90.6M
-69.9M
-793K
104.8M
15.6M
65.2M
5.8M
-1.1M
5.5M
-62.4M
-4.6M
12.5M
21.1M
54.5M
-949M
1.2B
-803.6M
-657M
-643.8M
-415.3M
-443.9M
-567.9M
-70.1M
-592.7M
-626.3M
289M
-116.3M
15.8M
-144.8M
59.9M
21M
-443.4M
-170.1M
-233.9M
CASH FLOW SUMMARY
38M
-26.8M
-7.5M
-52.8M
-3.7M
25.7M
-8.1M
-17.8M
13.5M
-5M
-22.9M
-11.8M
-14.5M
-5.8M
5.2M
14.3M
4.8M
5.4M
4.6M
-2.5M
357.3M
1.6B
125.8M
-206.6M
160.5M
223.2M
171.9M
-154.8M
222.9M
-151.5M
-315.5M
395.9M
-190.1M
124.8M
44.2M
-11.7M
860K
-494.7M
128.6M
73M
2.6B
1B
882.3M
1.1B
928.4M
705.2M
533.3M
688.1M
465.2M
616.7M
932.2M
536.3M
726.4M
601.6M
557.4M
569.1M
568.3M
1.1B
934.3M
861.3M
3B
2.6B
1B
882.3M
1.1B
928.4M
705.2M
533.3M
688.1M
465.2M
616.7M
932.2M
536.3M
726.4M
601.6M
557.4M
569.1M
568.3M
1.1B
934.3M
1.6B
1.1B
1.2B
1.1B
1B
810.1M
655M
543.2M
412.8M
391.2M
333.4M
276.9M
322.7M
280M
208.9M
161.7M
-16.4M
-29.4M
318.6M
345.2M

SEC Filings

CDNS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 07, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

May 12, 2026
November 17, 2025
2025
10-Q

10-Q 2026 Q1

Q1

May 01, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
8-K

8-K 2025

N/A

November 17, 2025
November 17, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 30, 2025
2025
Showing 1 to 10 of 466 filings