CDNSNasdaqSEC EDGAREDGAR

CADENCE DESIGN SYSTEMS INC

Services-Prepackaged Software·SAN JOSE, CA·FY end 12/31·CIK 813672

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$5.3B$4.6B$4.1B$3.6B$3.0B
Gross Profit
Operating Income$1.5B$1.4B$1.3B$1.1B$779.1M
Net Income$1.1B$1.1B$1.0B$849.0M$696.0M
Operating CF$1.7B$1.3B$1.3B$1.2B$1.1B
Capex$141.9M$142.5M$102.3M$123.2M$65.3M
Free Cash Flow$1.6B$1.1B$1.2B$1.1B$1.0B
Buybacks$925.0M$550.0M$700.1M$1.1B$612.3M
Dividends
Gross Margin
Operating Margin28.2%29.1%30.6%30.1%26.1%
Net Margin20.9%22.7%25.5%23.8%23.3%
FCF Margin30.0%24.1%30.5%31.4%34.7%
R&D / Revenue
Effective Tax27.1%24.4%18.8%18.8%9.4%
Debt / Equity
Buybacks / FCF58.3%49.2%56.2%93.9%59.1%

Peer comparison

Services-Prepackaged Software · 5 peers
CEO Pay Ratio
CDNS
592:1
CRWD
1,391:1
SNOW
2,588:1
MSFT
480:1
NOW
251:1
ADBE
217:1
CEO total comp
CDNS
$57M
CRWD
$248M
SNOW
$101M
MSFT
$96M
NOW
$52M
ADBE
$51M
Net Margin
CDNS
20.9%
CRWD
SNOW
-28.4%
MSFT
36.1%
NOW
13.2%
ADBE
30.0%