Cadence Design Systems, Inc. financials

Key figures from Cadence Design Systems, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$1.6B$1.3B+22.0%
Net income$290M$287M+0.9%
Free cash flow$362M$277M+30.7%
Gross margin———
Operating margin26.2%31.8%-5.5 pts
Net margin17.7%21.4%-3.7 pts

Quarterly trend

Revenue by quarter
$1.1BDec 2023*$1.0BMar 2024$1.1BJun 2024$1.2BSep 2024$1.4BDec 2024*$1.2BMar 2025$1.3BJun 2025$1.3BSep 2025$1.4BDec 2025*$1.5BMar 2026$1.6BJun 2026$1.6BSep 2026
Net income by quarter
$324MDec 2023*$248MMar 2024$230MJun 2024$238MSep 2024$340MDec 2024*$274MMar 2025$160MJun 2025$287MSep 2025$388MDec 2025*$336MMar 2026$367MJun 2026$290MSep 2026
Free cash flow by quarter
$238MDec 2023*$204MMar 2024$127MJun 2024$383MSep 2024$404MDec 2024*$464MMar 2025$334MJun 2025$277MSep 2025$512MDec 2025*$307MMar 2026$582MJun 2026$362MSep 2026
Margins by quarter
9%23%37%Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 202631.5%24.8%27.7%28.8%33.7%29.1%19.0%31.8%32.2%29.3%28.4%26.2%30.3%24.5%21.6%19.6%25.1%22.0%12.5%21.4%27.0%22.8%23.2%17.7%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$5.3B$1.1B20.9%$1.6B$4.06
FY Dec 2024$4.6B$1.1B22.7%$1.1B$3.85
FY Dec 2023$4.1B$1.0B25.5%$1.2B$3.82
FY Dec 2022$3.6B$849M23.8%$1.1B$3.09
FY Jan 2022$3.0B$696M23.3%$1.0B$2.50

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.