Company profile · Software

Cadence Design Systems (CDNS)

Nasdaq: CDNS · San Jose, CA · Data from SEC filings, updated Oct 6, 2026

Overview

Cadence Design Systems trades on Nasdaq under the ticker CDNS and is classified by RoxMag in the Software segment (SEC industry code 7372, Services-Prepackaged Software). Its principal executive offices are in San Jose, CA. The company was founded in 1988. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $5.30 billion and net income of $1.11 billion. By public float it ranks #9 of the 153 software companies profiled on RoxMag.

Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, the company currently makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers. The company also licenses intellectual property for the electronics, aerospace, defense and automotive industries.

Financial history

Annual figures as reported in Cadence Design Systems's 10-K filings (US dollars).

Revenue growth
14.1%
vs prior year, FY2025
Net margin
20.9%
net income ÷ revenue, FY2025
Operating margin
28.2%
operating income ÷ revenue, FY2025
R&D share of revenue
—
R&D ÷ revenue, FY2025
Revenue
$2.7B FY2021 $3.6B FY2022 $4.1B FY2023 $4.6B FY2024 $5.3B FY2025
Net income
$590.6M FY2021 $849.0M FY2022 $1.0B FY2023 $1.1B FY2024 $1.1B FY2025
Annual financial data for Cadence Design Systems
MetricFY2025FY2024FY2023FY2022FY2021
Revenue $5.3B$4.6B$4.1B$3.6B$2.7B
Operating income $1.5B$1.4B$1.3B$1.1B$645.6M
Net income $1.1B$1.1B$1.0B$849.0M$590.6M
Total assets $10.2B$9.0B$5.7B$5.1B$4.0B
Stockholders' equity $5.5B$4.7B$3.4B$2.7B$2.5B
Cash & equivalents $3.0B$2.6B$1.0B$882.3M$928.4M

Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.

Recent SEC filings

  • 10-Q 10-Q
  • 8-K 8-K
  • 8-K 8-K
  • 10-Q 10-Q
  • 8-K 8-K
  • DEF 14A DEF 14A
  • 8-K 8-K
  • 10-K 10-K
  • 8-K 8-K
  • 8-K 8-K
  • 10-Q 10-Q
  • 8-K 8-K

All filings on SEC EDGAR →

Sources & method

Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.