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CDNS

Information Technology · Application Software

Cadence Design Systems: revenue, profit and cash flow

In fiscal 2025, Cadence Design Systems had revenue of $5.3B, up 12.0% a year on average since 2015, and net income of $1.11B (20.9% of revenue). It has 12% fewer shares than in 2015.

Revenue, fiscal 2025

$5.3B+12.0% a year

average annual revenue growth since 2015 · +14.1% vs 2024

Net income, 2025
$1.11B
20.9% of revenue
Diluted EPS, 2025
$4.06
17.5% a year since 2015
Revenue growth, 5 years
14.6% a year
since 2020
Shares, 2025
273M
−12.5% since 2015
Free cash flow, 2025
$1.59B
$1.73B from operations − $142M capex
Ticker
CDNS · Nasdaq
Sector
Information Technology
Sub-industry
Application Software
Headquarters
San Jose, California
Founded
1988
In the S&P 500 since
September 18, 2017
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Cadence Design Systems Inc · CIK 0000813672

Revenue and net income

Revenue went from $1.04B in 2008 to $5.3B in 2025. Net loss in 2008–2009.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$7.30 in 2008 to $4.06 in 2025. Ten-year growth: 17.5% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

12.5% fewer shares in 2025 than in 2015 (312M → 273M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.59B in 2025, 30.0% of revenue. Negative in 2008–2009.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSSharesOperating cash flowCapexFree cash flow
2025$5.3B$1.11B20.9%$4.06273M$1.73B$142M$1.59B
2024$4.64B$1.06B22.7%$3.85274M$1.26B$143M$1.12B
2023$4.09B$1.04B25.5%$3.82273M$1.35B$102M$1.25B
2022$3.56B$849M23.8%$3.09275M$1.24B$123M$1.12B
2021$2.99B$696M23.3%$2.50279M$1.1B$65.3M$1.04B
2020$2.68B$591M22.0%$2.11280M$905M$94.8M$810M
2019$2.34B$989M42.3%$3.53281M$730M$74.6M$655M
2018$2.14B$346M16.2%$1.23281M$605M$61.5M$543M
2017$1.94B$204M10.5%$0.73280M$471M$57.9M$413M
2016$1.82B$203M11.2%$0.70291M$445M$53.7M$391M
2015$1.7B$252M14.8%$0.81312M$378M$44.8M$333M
2014$1.58B$159M10.1%$0.52307M$317M$39.8M$277M
2013$1.46B$164M11.2%$0.56295M$368M$44.9M$323M
2012$1.33B$440M33.2%$1.57281M$316M$36M$280M
2011$1.15B$72.2M6.3%$0.27271M$240M$31.4M$209M
2010$936M$127M13.5%$0.48266M$199M$34.8M$164M
2009$853M−$150M−17.6%−$0.58258M$25.6M$41.3M−$15.7M
2008$1.04B−$1.86B−178.8%−$7.30254M$70.3M$97.3M−$27M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Application Software companies

All 76 Information Technology companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.