The Inventing Press

CADENCE DESIGN SYSTEMS INC

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 01/01/22
Income Statement
Revenue$5.3B$4.6B$4.1B$3.6B$3.0B
Operating income$1.5B$1.4B$1.3B$1.1B$779.1M
Interest expense$116.5M$76.0M$36.2M$22.9M$17.0M
Pretax income$1.5B$1.4B$1.3B$1.0B$768.4M
Income tax expense$413.2M$340.3M$240.8M$196.4M$72.5M
Net income$1.1B$1.1B$1.0B$849.0M$696.0M
Balance Sheet
Cash and equivalents$3.0B$2.6B$1.0B$882.3M$1.1B
Current assets$4.7B$4.0B$2.0B$1.7B$1.7B
Total assets$10.2B$9.0B$5.7B$5.1B$4.4B
Current liabilities$1.6B$1.4B$1.6B$1.3B$971.2M
Stockholders' equity$5.5B$4.7B$3.4B$2.7B$2.7B
Cash Flow Statement
Cash from operations$1.7B$1.3B$1.3B$1.2B$1.1B
Depreciation and amortization$227.8M$196.9M$145.3M$132.1M$142.3M
Stock-based compensation$455.2M$391.2M$325.6M$270.4M$210.1M
Capital expenditure$141.9M$142.5M$102.3M$123.2M$65.3M
Free cash flow$1.6B$1.1B$1.2B$1.1B$1.0B
Share repurchases$925.0M$550.0M$700.1M$1.1B$612.3M

Shares outstanding 275.8M · Free float 96.6%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.

Coverage