CDNS · XBRL financial data

Cadence Design Systems financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CDNS's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	2,683	2,988	3,562	4,090	4,641	5,297
General and administrative	154	189	242	242	282	313
Operating income (loss)	646	779	1,074	1,251	1,351	1,492
Interest income	4	3	10	30	62	102
Interest expense	21	17	23	36	76	117
Other income (expense)	8	6	(5)	67	121	147
Income tax expense (benefit)	42	72	196	241	340	413
Net income (loss)	591	696	849	1,041	1,055	1,109
Earnings per share, basic USD per share	2.16	2.54	3.13	3.86	3.89	4.09
Earnings per share, diluted USD per share	2.11	2.50	3.09	3.82	3.85	4.06
Weighted average shares, basic millions of shares	274	274	271	269	271	271
Weighted average shares, diluted millions of shares	280	279	275	273	274	273

Fiscal years (CDNS's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	928	1,089	882	1,008	2,644	3,001
Short-term investments	—	—	4	130	141	154
Inventory	76	116	128	182	258	304
Prepaid and other current assets	136	174	210	297	434	420
Total current assets	1,479	1,716	1,707	1,976	4,016	4,670
Property and equipment, net	311	306	371	403	458	517
Right-of-use asset	133	130	170	151	146	176
Goodwill	782	928	1,374	1,536	2,379	2,749
Total assets	3,951	4,386	5,137	5,669	8,974	10,153
Current portion of long-term debt	—	—	—	—	—	0
Total current liabilities	797	971	1,348	1,591	1,370	1,635
Long-term debt	—	—	—	—	—	2,480
Lease liability, non-current	114	107	139	115	109	136
Retained earnings	2,350	3,046	3,895	4,936	5,992	7,101
Total stockholders' equity	2,493	2,741	2,745	3,404	4,674	5,474
Total liabilities and equity	3,951	4,386	5,137	5,669	8,974	10,153
Common shares outstanding (cover page) millions of shares	279	277	273	272	274	273

Fiscal years (CDNS's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	591	696	849	1,041	1,055	1,109
Stock-based compensation	197	210	270	326	391	455
Depreciation and amortization	146	142	132	145	197	228
Net cash from operating activities	905	1,101	1,242	1,349	1,261	1,729
Purchases of property and equipment	95	65	123	102	143	142
Net cash from investing activities	(292)	(293)	(739)	(412)	(837)	(461)
Proceeds from issuing common stock	75	88	105	133	204	146
Share repurchases	380	612	1,050	700	550	925
Net cash from financing activities	(415)	(644)	(657)	(804)	1,239	(949)
Net change in cash	223	161	(207)	126	1,636	357

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Cadence Design Systems	1,452	1,633	424*	274.4M	Q3 FY26 10-QSep 30, 2026
Snowflake	1,707	1,547	91*	352.8M	Q2 FY27 10-QJul 31, 2026
AppLovin	3,053	1,924	869*	335.3M	Q2 FY26 10-QJun 30, 2026
Automatic Data Processing	3,277	5,491	651	394.8M	Q1 FY27 10-QSep 30, 2026
Roblox	1,093	1,572	395*	not reported	Q3 FY26 10-QSep 30, 2026
CrowdStrike Holdings	5,014	1,471	530*	1.0B	Q2 FY27 10-QJul 31, 2026
Autodesk	4,098	2,046	575*	209.0M	Q2 FY27 10-QJul 31, 2026
Synopsys	3,606	2,477	813*	191.6M	Q3 FY26 10-QJul 31, 2026
Intuit	4,705	4,354*	1,331*	267.2M	Q4 FY26 10-KJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.