About Cadence Design Systems, Inc.
https://www.cadence.comCadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware.

CEO
Anirudh Devgan
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1997-11-17 | Forward | 2:1 |
| 1996-06-03 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 987
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Grade Summary
Showing Top 6 of 12
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:30.65M
Value:$9.6B

BLACKROCK, INC.
Shares:28.83M
Value:$9.03B

VANGUARD GROUP INC
Shares:26.92M
Value:$8.43B
Summary
Showing Top 3 of 1,714
About Cadence Design Systems, Inc.
https://www.cadence.comCadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.34B ▲ | $849.96M ▲ | $287.12M ▲ | 21.45% ▲ | $1.06 ▲ | $475.87M ▲ |
| Q2-2025 | $1.28B ▲ | $849.48M ▲ | $160.05M ▼ | 12.55% ▼ | $0.59 ▼ | $367.31M ▼ |
| Q1-2025 | $1.24B ▼ | $713.71M ▲ | $273.58M ▼ | 22.02% ▼ | $1.01 ▼ | $436.28M ▼ |
| Q4-2024 | $1.36B ▲ | $679.12M ▼ | $340.21M ▲ | 25.09% ▲ | $1.25 ▲ | $520.42M ▲ |
| Q3-2024 | $1.22B | $702.4M | $238.11M | 19.59% | $0.87 | $413.27M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $2.75B ▼ | $9.6B ▲ | $4.4B ▼ | $5.2B ▲ |
| Q2-2025 | $2.82B ▲ | $9.51B ▲ | $4.5B ▲ | $5.01B ▲ |
| Q1-2025 | $2.78B ▼ | $9.01B ▲ | $4.24B ▼ | $4.78B ▲ |
| Q4-2024 | $2.78B ▼ | $8.97B ▼ | $4.3B ▼ | $4.67B ▲ |
| Q3-2024 | $2.79B | $9.17B | $4.6B | $4.56B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $287.12M ▲ | $310.66M ▼ | $-174.31M ▲ | $-194.06M ▲ | $-69.52M ▼ | $276.98M ▼ |
| Q2-2025 | $160.05M ▼ | $377.6M ▼ | $-175.62M ▼ | $-195.24M ▲ | $45.09M ▼ | $333.52M ▼ |
| Q1-2025 | $273.58M ▼ | $487.02M ▲ | $-21.78M ▲ | $-345.78M ▲ | $133.64M ▲ | $463.96M ▲ |
| Q4-2024 | $340.21M ▲ | $441.36M ▲ | $-40.01M ▼ | $-511.14M ▼ | $-142.01M ▼ | $404.16M ▲ |
| Q3-2024 | $238.11M | $410M | $-39.25M | $1.33B | $1.73B | $383.45M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Product and maintenance | $1.24Bn ▲ | $1.11Bn ▼ | $1.17Bn ▲ | $1.21Bn ▲ |
Technology Service | $120.00M ▲ | $130.00M ▲ | $100.00M ▼ | $130.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
Americas | $670.00M ▲ | $580.00M ▼ | $630.00M ▲ | $600.00M ▼ |
Asia | $410.00M ▲ | $490.00M ▲ | $360.00M ▼ | $380.00M ▲ |
CHINA | $0 ▲ | $250.00M ▲ | $120.00M ▼ | $0 ▼ |
EMEA | $200.00M ▲ | $190.00M ▼ | $200.00M ▲ | $200.00M ▲ |
JAPAN | $80.00M ▲ | $90.00M ▲ | $90.00M ▲ | $70.00M ▼ |
Other America | $0 ▲ | $40.00M ▲ | $40.00M ▲ | $0 ▼ |
Other Asia | $0 ▲ | $240.00M ▲ | $240.00M ▲ | $0 ▼ |
UNITED STATES | $0 ▲ | $530.00M ▲ | $590.00M ▲ | $0 ▼ |

CEO
Anirudh Devgan
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1997-11-17 | Forward | 2:1 |
| 1996-06-03 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 987
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Grade Summary
Showing Top 6 of 12
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:30.65M
Value:$9.6B

BLACKROCK, INC.
Shares:28.83M
Value:$9.03B

VANGUARD GROUP INC
Shares:26.92M
Value:$8.43B
Summary
Showing Top 3 of 1,714










