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Cadence Design Systems, Inc.

NMSSector: TechnologyIndustry: Software - Application
CDNS$367.77
52w: $262.75$416.69
Website
Valuation
Market Cap
$101.44B
Enterprise Value
$104.25B
P/E
85.9
TTM
Fwd P/E
39.1
1Y
P/B
15.5
P/S
18.3
TTM
PEG
3.54
EV/EBITDA
51.8
EV/Revenue
18.9
FCF Yield
1.2%
EPS (TTM)
$4.28
Fwd EPS
$9.40
Book Value
$23.79
Market Data
Beta
1.15
Avg Volume
2.4M
Shares Out
275.8M
Float
274.5M
Short % Float
1.8%
Insider %
0.3%
Institutional %
91.2%
D/E
47.0
Current Ratio
1.5
ROE
20.7%
ROA
10.4%
Rev Growth
18.7%
Net Inc Growth
23.0%
Profit Margin
21.2%
Op Margin
29.7%
Gross Margin
86.1%
Total Cash
$1.55B
Total Debt
$3.08B
Financials

Latest period financial summary

Income Statement

Revenue$1.5B
Gross Profit$1.3B
Operating Income$431.3M
EBITDA$533.4M
Net Income$335.7M

Balance Sheet

Total Assets$12.1B
Current Assets$3.2B
Cash$1.4B
Total Liabilities$5.5B
Equity$6.6B
Total Debt$3.1B

Cash Flow

Operating CF$355.8M
Investing CF$-2.1B
Financing CF$174.5M
Free Cash Flow$307.0M
Financial Trends
Revenue$1.5B
2022/122026/3
Net Income$335.7M
2022/122026/3
EBITDA$533.4M
2022/122026/3
Free Cash Flow$307.0M
2022/122026/3
Period Analysis

Margins & Ratios

Metric2021/122022/122023/122024/92024/122025/32025/62025/9
Revenue$3.6B$4.1B$4.6B$1.2B$1.3B$1.3B
Gross Margin+89.6%+89.4%+86.0%+86.5%+85.6%+86.4%
EBITDA Margin+34.2%+35.1%+35.3%+35.3%+35.6%+39.8%
Operating Margin+30.1%+30.9%+29.8%+29.1%+29.0%+33.8%
Net Margin+23.8%+25.5%+22.7%+22.0%+12.5%+21.4%
Current Ratio1.271.242.933.072.823.05
Debt / Equity0.320.220.550.520.490.48
Net Debt / EBITDA0.00-0.17-0.04-0.68-0.76-0.51
ROE+30.9%+30.6%+22.6%+5.7%+3.2%+5.5%
ROA+16.5%+18.4%+11.8%+3.0%+1.7%+3.0%
Leverage0.470.400.480.470.470.46
Company Profile

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.

Employees

15K

Location

San Jose, CA

Country

US

Golden Bazaar VerifiedUpdated: Jun 25, 2026Data Source: Golden Bazaar Verified · Updated: Jun 25, 2026
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Technology

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This page is prepared by Golden Bazaar using publicly available data. Not investment advice.