Cadence Design Systems, Inc. (CDNS)
NASDAQ · Technology · Software - Application
Profile
Cadence Design Systems, Inc.
- Exchange
- NASDAQ
- Ticker
- CDNS
- Sector
- Technology
- Industry
- Software - Application
- Country
- US
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
Key facts
Cadence Design Systems, Inc.: key facts
- Cadence Design Systems, Inc. (NASDAQ: CDNS) is a Software - Application company in the Technology sector.
- In fiscal 2025, Cadence Design Systems, Inc. reported revenue of $5.3B and net income of $1.1B.
- Revenue grew 15.4% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $6.1B and net income was $1.4B.
MonkScore
Cadence Design Systems, Inc.'s MonkScore
MonkScore
MonkScore range: 80–90
as of October 2026
Sector rank: 214 of 1030 in Technology
How this score is madeDisclaimer
Pillar ranges
- Growth70–80
- Profitability70–80
- Quality40–50
- Market Conviction90–100
- Safety40–50
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Cadence Design Systems, Inc.'s annual figures and the last twelve months, in USD. Last report: 30 September 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $6.1B | $5.3B | $4.6B | $4.1B | $3.6B | $3.0B |
| Gross profit | $5.3B | $4.6B | $4.0B | $3.7B | $3.2B | $2.7B |
| Operating income | $1.8B | $1.6B | $1.4B | $1.3B | $1.1B | $779.1M |
| Net income | $1.4B | $1.1B | $1.1B | $1.0B | $849.0M | $696.0M |
| Operating cash flow | $2.0B | $1.7B | $1.3B | $1.3B | $1.2B | $1.1B |
| Capital expenditure | -$204.3M | -$141.9M | -$142.5M | -$102.5M | -$124.2M | -$66.9M |
| Free cash flow | $1.8B | $1.6B | $1.1B | $1.2B | $1.1B | $1.0B |
| Total debt | $2.8B | $2.5B | $2.6B | $764.4M | $887.4M | $454.7M |
| Cash | $1.5B | $3.0B | $2.6B | $1.0B | $882.3M | $1.1B |
Revenue growth a year
- 1-year
- 14.1%
- 3-year
- 14.1%
- 4-year
- 15.4%
Compound growth between fiscal years.
Peers
Similar companies
- Automatic Data Processing, Inc.NASDAQ:ADPMonkScore range: 80–90
- RingCentral, Inc.NYSE:RNGMonkScore range: 80–90
- DocuSign, Inc.NASDAQ:DOCUMonkScore range: 80–90
- Shopify Inc.NASDAQ:SHOPMonkScore range: 80–90
- Weave Communications, Inc.NYSE:WEAVMonkScore range: 80–90
- Snowflake Inc.NYSE:SNOWMonkScore range: 80–90
- Workiva Inc.NYSE:WKMonkScore range: 80–90
- Zeta Global Holdings Corp.NYSE:ZETAMonkScore range: 80–90
Compare
Compare with
Score my top stocks · 14-day free trial · card required · not charged during the trial · cancel in one click
MonkStreet provides research, not investment advice.
Page built on 31 October 2026.