InsiderClue
Stocks · Technology · Services-Prepackaged Software

Cadence Design Systems

CDNS Clue Score78
United States Fiscal year ends December CIK 0000813672
$352.84 +1.15% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $352.84 +135.98% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1.82Operating income0.24Net income0.20EPS, diluted0.70Fiscal year 2017Revenue1.94 +7.0%Operating income0.32Net income0.20 +0.5%EPS, diluted0.73 +4.3%Fiscal year 2018Revenue2.14 +10.0%Operating income0.40Net income0.35 +69.4%EPS, diluted1.23 +68.5%Fiscal year 2019Revenue2.34 +9.3%Operating income0.49Net income0.99 +186.0%EPS, diluted3.53 +187.0%Fiscal year 2021Revenue2.68 +14.8%Operating income0.65Net income0.59 −40.3%EPS, diluted2.11 −40.2%Fiscal year 2022Revenue2.99 +11.4%Operating income0.78Net income0.70 +17.8%EPS, diluted2.50 +18.5%Fiscal year 2022Revenue3.56 +19.2%Operating income1.07Net income0.85 +22.0%EPS, diluted3.09 +23.6%Fiscal year 2023Revenue4.09 +14.8%Operating income1.25Net income1.04 +22.6%EPS, diluted3.82 +23.6%Fiscal year 2024Revenue4.64 +13.5%Operating income1.35Net income1.06 +1.4%EPS, diluted3.85 +0.8%Fiscal year 2025Revenue5.30 +14.1%Operating income1.49Net income1.11 +5.1%EPS, diluted4.06 +5.5%
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2025
Revenue 1.82 1.94 2.14 2.34 2.68 2.99 3.56 4.09 4.64 5.30
Growth +7.0% +10.0% +9.3% +14.8% +11.4% +19.2% +14.8% +13.5% +14.1%
Operating income 0.24 0.32 0.40 0.49 0.65 0.78 1.07 1.25 1.35 1.49
Net income 0.20 0.20 0.35 0.99 0.59 0.70 0.85 1.04 1.06 1.11
Growth +0.5% +69.4% +186.0% −40.3% +17.8% +22.0% +22.6% +1.4% +5.1%
EPS, diluted 0.70 0.73 1.23 3.53 2.11 2.50 3.09 3.82 3.85 4.06
Growth +4.3% +68.5% +187.0% −40.2% +18.5% +23.6% +23.6% +0.8% +5.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin13.5%Net margin11.2%Free cash flow margin21.5%Fiscal year 2017Operating margin16.7%Net margin10.5%Free cash flow margin21.2%Fiscal year 2018Operating margin18.5%Net margin16.2%Free cash flow margin25.4%Fiscal year 2019Operating margin21.1%Net margin42.3%Free cash flow margin28.0%Fiscal year 2021Operating margin24.1%Net margin22.0%Free cash flow margin30.2%Fiscal year 2022Operating margin26.1%Net margin23.3%Free cash flow margin34.7%Fiscal year 2022Operating margin30.1%Net margin23.8%Free cash flow margin31.4%Fiscal year 2023Operating margin30.6%Net margin25.5%Free cash flow margin30.5%Fiscal year 2024Operating margin29.1%Net margin22.7%Free cash flow margin24.1%Fiscal year 2025Operating margin28.2%Net margin20.9%Free cash flow margin30.0%
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2025
Operating margin 13.5% 16.7% 18.5% 21.1% 24.1% 26.1% 30.1% 30.6% 29.1% 28.2%
Net margin 11.2% 10.5% 16.2% 42.3% 22.0% 23.3% 23.8% 25.5% 22.7% 20.9%
Free cash flow margin 21.5% 21.2% 25.4% 28.0% 30.2% 34.7% 31.4% 30.5% 24.1% 30.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.44Capital expenditure−0.05Free cash flow0.39Buybacks−0.96Fiscal year 2017Operating cash flow0.47Capital expenditure−0.06Free cash flow0.41 +5.5%Buybacks−0.10Fiscal year 2018Operating cash flow0.60Capital expenditure−0.06Free cash flow0.54 +31.6%Buybacks−0.25Fiscal year 2019Operating cash flow0.73Capital expenditure−0.07Free cash flow0.65 +20.6%Buybacks−0.31Fiscal year 2021Operating cash flow0.90Capital expenditure−0.09Free cash flow0.81 +23.7%Buybacks−0.38Fiscal year 2022Operating cash flow1.10Capital expenditure−0.07Free cash flow1.04 +27.8%Buybacks−0.61Fiscal year 2022Operating cash flow1.24Capital expenditure−0.12Free cash flow1.12 +8.0%Buybacks−1.05Fiscal year 2023Operating cash flow1.35Capital expenditure−0.10Free cash flow1.25 +11.5%Buybacks−0.70Fiscal year 2024Operating cash flow1.26Capital expenditure−0.14Free cash flow1.12 −10.3%Buybacks−0.55Fiscal year 2025Operating cash flow1.73Capital expenditure−0.14Free cash flow1.59 +41.9%Buybacks−0.93
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2025
Operating cash flow 0.44 0.47 0.60 0.73 0.90 1.10 1.24 1.35 1.26 1.73
Capital expenditure −0.05 −0.06 −0.06 −0.07 −0.09 −0.07 −0.12 −0.10 −0.14 −0.14
Free cash flow 0.39 0.41 0.54 0.65 0.81 1.04 1.12 1.25 1.12 1.59
Growth +5.5% +31.6% +20.6% +23.7% +27.8% +8.0% +11.5% −10.3% +41.9%
Buybacks −0.96 −0.10 −0.25 −0.31 −0.38 −0.61 −1.05 −0.70 −0.55 −0.93

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.47Shareholders’ equity0.74Fiscal year 2017Cash0.69Total debt0.00Net cash (debt)0.69Shareholders’ equity0.99Debt to equity0.00Fiscal year 2018Cash0.53Shareholders’ equity1.29Fiscal year 2019Cash0.71Shareholders’ equity2.10Fiscal year 2021Cash0.93Shareholders’ equity2.49Fiscal year 2022Cash1.09Shareholders’ equity2.74Fiscal year 2022Cash0.88Shareholders’ equity2.75Fiscal year 2023Cash1.01Shareholders’ equity3.40Fiscal year 2024Cash2.64Shareholders’ equity4.67Fiscal year 2025Cash3.00Shareholders’ equity5.47
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2025
Cash 0.47 0.69 0.53 0.71 0.93 1.09 0.88 1.01 2.64 3.00
Total debt n/a 0.00 n/a n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) n/a 0.69 n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 0.74 0.99 1.29 2.10 2.49 2.74 2.75 3.40 4.67 5.47
Debt to equity n/a 0.00 n/a n/a n/a n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2021 2 Jan 2021 FY2022 1 Jan 2022 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.47 0.69 0.53 0.71 0.93 1.09 0.88 1.01 2.64 3.00
0.04 0.03 0.03 0.06 0.08 0.12 0.13 0.18 0.26 0.30
0.24 0.25 0.25 0.28 0.31 0.31 0.37 0.40 0.46 0.52
0.57 0.67 0.66 0.66 0.78 0.93 1.37 1.54 2.38 2.75
2.10 2.42 2.47 3.36 3.95 4.39 5.14 5.67 8.97 10.15
Growth +15.3% +2.1% +36.0% +17.7% +11.0% +17.1% +10.4% +58.3% +13.1%
Liabilities
n/a 0.00 n/a n/a n/a n/a n/a n/a n/a n/a
calc n/a 0.00 n/a n/a n/a n/a n/a n/a n/a n/a
Equity
0.14 0.34 0.77 1.76 2.35 3.05 3.90 4.94 5.99 7.10
0.74 0.99 1.29 2.10 2.49 2.74 2.75 3.40 4.67 5.47
Growth +33.4% +30.2% +63.2% +18.6% +9.9% +0.2% +24.0% +37.3% +17.1%
Per share and net cash
calc n/a 0.69 n/a n/a n/a n/a n/a n/a n/a n/a
278.1 282.1 280.0 279.9 278.9 276.8 272.7 271.7 273.9 271.8
calc 2.67 3.51 4.60 7.51 8.94 9.90 10.07 12.53 17.07 20.14

Lines marked calc are worked out here from filed figures; point at one for how.