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Cadence Design Systems, Inc. (CDNS)

NMS · Technology · Software - Application

$384.96 +0.32%

Closing price as of 2026-06-12 · Source: TEK2day Finance

1-Year Price History +25.0% over period
$424$382$341$300$258 2025-062025-092025-122026-032026-06

Key Metrics

Market Cap
$106.18B
Shares Outstanding
275.8M
P/S (TTM)
19.2x
P/E (TTM)
89.7x
Exchange
NMS
Currency
USD

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.

Quarterly Financials

Metric2025-06-302025-09-302025-12-312026-03-31
Revenue1.3B1.3B1.4B1.5B
Gross Profit1.1B1.2B1.3B1.3B
Operating Income370.4M452.8M465.2M431.3M
Net Income160.1M287.1M388.1M335.7M
Diluted EPS$0.59$1.05$1.42$1.23

Annual Financials

Metric2022-12-312023-12-312024-12-312025-12-31
Revenue3.6B4.1B4.6B5.3B
Gross Profit3.2B3.7B4.0B4.6B
Operating Income1.1B1.3B1.4B1.6B
Net Income849.0M1.0B1.1B1.1B
Diluted EPS$3.09$3.82$3.85$4.06
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