Cadence Design Systems

CDNS Information Technology Market cap $76.9B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026

Revenue$1.47B +19% year over year

Gross profit$1.24B 84% margin

Operating profit$0.43B 29% margin

Net profit$0.34B 23% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.47	100%	+19%
Product & maintenance	1.35	92%	+21%
Technology service	0.13	8%	−5%
Cost of revenue	−0.24	16%
Gross profit	1.24	84% margin	−2pp
R&D	−0.51	35%	−1pp
Sales & marketing	−0.21	14%	−2pp
G&A	−0.09	6%	+1pp
Operating profit	0.43	29% margin	+0pp
Tax	−0.10
Net profit	0.34	23% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.44	100%	+6%
Product & maintenance	1.33	93%	+8%
Technology service	0.11	7%	−8%
Cost of revenue	−0.67	46%
Gross profit	0.77	54% margin	+0pp
Sales & marketing	−0.21	15%	+0pp
G&A	−0.10	7%	+2pp
Operating profit	0.46	32% margin	−2pp
Other income, net	0.03
Tax	−0.11
Net profit	0.39	27% margin	+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.34	100%	+10%
Product & maintenance	1.21	90%	+10%
Technology service	0.13	10%	+14%
Cost of revenue	−0.22	16%
Gross profit	1.12	84% margin	+0pp
R&D	−0.42	32%	−2pp
Sales & marketing	−0.19	14%	−1pp
G&A	−0.08	6%	+0pp
Operating profit	0.43	32% margin	+3pp
Interest & other costs	−0.03
Tax	−0.11
Net profit	0.29	21% margin	+2pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.28	100%	+20%
Product & maintenance	1.17	92%	+22%
Technology service	0.11	8%	+5%
Cost of revenue	−0.32	25%
Gross profit	0.95	75% margin	−11pp
R&D	−0.44	35%	+0pp
Sales & marketing	−0.20	16%	−2pp
G&A	−0.07	5%	−1pp
Operating profit	0.24	19% margin	−9pp
Other income, net	0.04
Tax	−0.12
Net profit	0.16	13% margin	−9pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.24	100%	+23%
Product & maintenance	1.11	89%	+22%
Technology service	0.13	11%	+37%
Cost of revenue	−0.18	14%
Gross profit	1.07	86% margin	−1pp
R&D	−0.44	36%	−2pp
Sales & marketing	−0.20	16%	−2pp
G&A	−0.06	5%	−2pp
Operating profit	0.36	29% margin	+4pp
Tax	−0.09
Net profit	0.27	22% margin	−3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.22	100%	+19%
Product & maintenance	1.10	91%	+14%
Technology service	0.12	9%	+101%
Cost of revenue	−0.20	16%
Gross profit	1.02	84% margin	−4pp
R&D	−0.41	33%	−3pp
Sales & marketing	−0.19	16%	−2pp
G&A	−0.07	6%	+0pp
Operating profit	0.35	29% margin	+0pp
Interest & other costs	−0.02
Tax	−0.10
Net profit	0.24	20% margin	−5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.06	100%	+9%
Product & maintenance	0.96	91%	+4%
Technology service	0.10	9%	+86%
Cost of revenue	−0.15	14%
Gross profit	0.92	86% margin	−3pp
R&D	−0.37	35%	−1pp
Sales & marketing	−0.19	18%	+0pp
G&A	−0.06	6%	+0pp
Operating profit	0.29	28% margin	−3pp
Other income, net	0.02
Tax	−0.09
Net profit	0.23	22% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026 Operating margin 29% Net profit $0.34B	Jan 1 – Mar 31, 2026	May 1, 2026	$1.47B	+19%	29%	$0.34B	23%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 19, 2026 Operating margin 32% Net profit $0.39B	Oct 1 – Dec 31, 2025	Feb 19, 2026	$1.44B	+6%	32%	$0.39B	27%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 29, 2025 Operating margin 32% Net profit $0.29B	Jul 1 – Sep 30, 2025	Oct 29, 2025	$1.34B	+10%	32%	$0.29B	21%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 30, 2025 Operating margin 19% Net profit $0.16B	Apr 1 – Jun 30, 2025	Jul 30, 2025	$1.28B	+20%	19%	$0.16B	13%
Q1 FY25 Jan 1 – Mar 31, 2025 reported Apr 30, 2025 Operating margin 29% Net profit $0.27B	Jan 1 – Mar 31, 2025	Apr 30, 2025	$1.24B	+23%	29%	$0.27B	22%
Q3 FY24 Jul 1 – Sep 30, 2024 reported Oct 30, 2024 Operating margin 29% Net profit $0.24B	Jul 1 – Sep 30, 2024	Oct 30, 2024	$1.22B	+19%	29%	$0.24B	20%
Q2 FY24 Apr 1 – Jun 30, 2024 reported Jul 24, 2024 Operating margin 28% Net profit $0.23B	Apr 1 – Jun 30, 2024	Jul 24, 2024	$1.06B	+9%	28%	$0.23B	22%