Cadence Design Systems (CDNS)
Provides chip-design software, verification hardware, semiconductor IP, and multiphysics simulation.
$302.95
After hours+0.16 (+0.05%)
At close$302.79(+2.68%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,023 | 1,069 | 1,009 | 1,061 | 1,215 | 1,356 | 1,242 | 1,275 | 1,339 | 1,440 | 1,474 | 1,584 |
| Cost of revenue | 110 | 104 | 125 | 139 | 163 | 220 | 167 | 184 | 182 | 189 | 61 | 239 |
| Gross profit | 914 | 965 | 884 | 921 | 1,052 | 1,136 | 1,075 | 1,091 | 1,157 | 1,251 | 1,413 | 1,345 |
| 621 | 628 | 634 | 628 | 702 | 679 | 714 | 721 | 704 | 786 | 982 | 895 | |
| Research & development | 370 | 367 | 379 | 371 | 407 | 392 | 439 | 442 | 423 | 465 | 508 | 531 |
| 235 | 256 | 249 | 250 | 261 | 279 | 266 | 270 | 271 | 310 | 300 | 330 | |
| Selling & marketing | 176 | 180 | 181 | 187 | 190 | 200 | 203 | 201 | 193 | 207 | 211 | 241 |
| General & administrative | 59 | 76 | 69 | 63 | 72 | 79 | 63 | 69 | 78 | 103 | 88 | 89 |
| Other expenses | 16 | 4 | 6 | 7 | 34 | 8 | 9 | 9 | 10 | 12 | 174 | 34 |
| Operating income | 293 | 337 | 250 | 294 | 350 | 457 | 361 | 370 | 453 | 465 | 431 | 450 |
| 7 | 26 | 60 | 22 | −17 | −20 | −6 | −90 | −60 | 28 | −3 | 60 | |
| Interest income | 8 | 7 | 10 | 9 | 17 | 27 | 26 | 26 | 25 | 25 | 18 | 10 |
| Interest expense | 9 | 9 | 9 | 13 | 24 | 30 | 29 | 29 | 29 | 29 | 32 | 35 |
| Other non-operating income | −16 | −35 | −69 | −35 | −8 | −10 | −23 | 61 | 31 | −57 | −28 | −2 |
| Income before tax | 300 | 362 | 310 | 316 | 333 | 437 | 356 | 281 | 393 | 493 | 428 | 510 |
| Income tax expense | 46 | 38 | 62 | 86 | 95 | 96 | 82 | 121 | 106 | 105 | 92 | 143 |
| Net income from continuing operations | 254 | 324 | 248 | 230 | 238 | 340 | 274 | 160 | 287 | 388 | 336 | 367 |
| Net income | 254 | 324 | 248 | 230 | 238 | 340 | 274 | 160 | 287 | 388 | 336 | 367 |
| EPS, basic | $0.94 | $1.20 | $0.92 | $0.85 | $0.87 | $1.25 | $1.01 | $0.59 | $1.06 | $1.43 | $1.23 | $1.34 |
| EPS, diluted | $0.93 | $1.19 | $0.91 | $0.84 | $0.87 | $1.24 | $1.00 | $0.59 | $1.05 | $1.42 | $1.23 | $1.33 |
| Weighted average shares, basic | 269 | 269 | 270 | 271 | 272 | 272 | 272 | 271 | 271 | 271 | 272 | 273 |
| Weighted average shares, diluted | 272 | 272 | 274 | 274 | 274 | 274 | 274 | 273 | 274 | 273 | 274 | 275 |
| EBITDA | 346 | 413 | 357 | 376 | 413 | 520 | 436 | 367 | 478 | 591 | 544 | 570 |
| Depreciation & amortization | 37 | 42 | 39 | 47 | 55 | 54 | 51 | 58 | 56 | 69 | 84 | 117 |
| EBIT | 309 | 371 | 319 | 329 | 358 | 467 | 385 | 310 | 422 | 522 | 460 | 453 |
