Cadence Design Systems, Inc. (CDNS)
Technology · Software - Application · NasdaqGS
Cadence Design Systems, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.94B | $2.14B | $2.34B | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $203.09M | $204.10M | $345.78M | $988.98M | $590.64M | $695.96M | $848.95M | $1.04B | $1.06B | $1.11B |
| Net margin | 11.2% | 10.5% | 16.2% | 42.3% | 22.0% | 23.3% | 23.8% | 25.5% | 22.7% | 20.9% |
Source: Cadence Design Systems, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into CDNS stock?
At today's market cap of $107.82B, Cadence Design Systems, Inc. is priced for free-cash-flow growth of about 24.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.59B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 14.4%/yr over the last five fiscal years and revenue 14.6%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Cadence Design Systems, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Cadence Design Systems, Inc. financial history by metric
About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Ten Silica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.
Cadence Design Systems, Inc. — frequently asked questions
What is Cadence Design Systems, Inc.'s revenue?
Cadence Design Systems, Inc. (CDNS) reported revenue of $5.30B for fiscal year 2025, up 14.1% from the prior year, according to its SEC filings.
Is Cadence Design Systems, Inc. profitable?
Yes. CDNS earned net income of $1.11B in fiscal 2025, a net margin of 20.9%.
What is CDNS's P/E ratio?
Cadence Design Systems, Inc. trades at a price-to-earnings ratio of about 90.9 based on the latest data in our nightly-refreshed cache.
How fast is Cadence Design Systems, Inc. growing?
CDNS's revenue grew at roughly 14.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Cadence Design Systems, Inc. have?
As of fiscal year 2025, CDNS carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Cadence Design Systems, Inc.'s market cap?
Cadence Design Systems, Inc. (CDNS) has a market capitalization of about $107.82B, based on the latest data in our nightly-refreshed cache.
When does Cadence Design Systems, Inc.'s fiscal year end?
CDNS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into CDNS stock?
At today's market cap of $107.82B, Cadence Design Systems, Inc. is priced for free-cash-flow growth of about 24.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.59B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 14.4%/yr over the last five fiscal years and revenue 14.6%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Cadence Design Systems, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.