CDNS
Cadence Design SystemsPrevious close
327.89
Change
−14.86 / −4.34%
P/E (TTM) ?
68.1
Market Cap
$89.4B
1M
−0.70%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.1M / 2.8M
0.73× average
Latest earnings analysisFY2026 Q2Reported 2026-07-27
Cadence Q2 FY2026: revenue up 24.2%, EPS beat, 2026 outlook raised
Cadence beat on the bottom line and raised its full-year outlook: Q2 FY2026 revenue rose 24.2% to $1.58 billion and non-GAAP EPS of $2.11 edged past the $2.0959 consensus. The quarter reads well on growth and margin, but a $2.10 billion acquisition payment cut cash to $1.44 billion and nearly doubled goodwill, so watch integration and the widening GAAP-to-non-GAAP gap.
Read the full analysis →Revenue$1.58BYoY +24.20%
EPS (non-GAAP)$2.11Beatest. $2.10
Next-day move+1.80%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-27 | $1.6B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-27 | $1.5B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-17 | $5.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-27 | $1.3B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-28 | $1.3B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-28 | $1.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 9 of its 5-year rangeCheap
5-year range 65.9 – 93.2 · Median 77.3
Last 4 quarters: $1.0B in buybacks + $0 in dividends, 1.12% of market cap combined
P/E (TTM)
68.1
P/B
13.7
P/S
15.3
PEG
2.21
Earnings Reaction
Over the last 6 reports, the stock moved ±5.2% on average on the first trading day after, rising 4 times
Most recent +1.80%
Volatility & Correlation
1-year beta 1.62 · Correlation with S&P 500 0.50High beta
Annualized volatility 41% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 8 · $4.3MNet selling $4.3M
- 10-15Cunningham PaulSr. Vice PresidentSell$0.65M2,000 shares · Avg price 324.13
- 10-01SANGIOVANNI VINCENTELLI ALBERTODirectorSell$0.44M1,250 shares · Avg price 350.07
- 09-15Cunningham PaulSr. Vice PresidentSell$0.55M2,000 shares · Avg price 277.12
- 09-10Brennan Ita MDirectorSell$0.05M180 shares · 4 trades · Avg price 285.51
- 08-26Scannell PaulSr. Vice PresidentSell$0.09M280 shares · Avg price 339.00
- 08-25SANGIOVANNI VINCENTELLI ALBERTODirectorSell$0.40M1,250 shares · 5 trades · Avg price 320.88
- 08-21TENG CHIN-CHISr. Vice PresidentSell$1.5M4,732 shares · Avg price 314.49
- 08-17Cunningham PaulSr. Vice PresidentSell$0.65M2,000 shares · Avg price 323.32
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 1.63 | +22.0% | — | 0.29 | 1.05 |
| FY2026 Q2 | 1.58 | +24.2% | — | 0.37 | 1.33 |
| FY2026 Q1 | 1.47 | +18.7% | — | 0.34 | 1.23 |
| FY2025 Q4 | 1.44 | +6.2% | — | 0.39 | 1.42 |
| FY2025 Q3 | 1.34 | +10.1% | — | 0.29 | 1.05 |
| FY2025 Q2 | 1.28 | +20.2% | — | 0.16 | 0.59 |
| FY2025 Q1 | 1.24 | +23.1% | — | 0.27 | 1.00 |
| FY2024 Q4 | 1.36 | +26.9% | — | 0.34 | 1.23 |
| FY2024 Q3 | 1.22 | +18.8% | — | 0.24 | 0.87 |
| FY2024 Q2 | 1.06 | +8.6% | — | 0.23 | 0.84 |
| FY2024 Q1 | 1.01 | −1.2% | — | 0.25 | 0.91 |
| FY2023 Q4 | 1.07 | +18.8% | — | 0.32 | 1.19 |
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