Cadence Design Systems, Inc.
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Cadence Design Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS grew 127.1%, free cash flow grew 72.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.
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Cadence Design Systems, Inc. 10-Q filed Oct 28, 2026
Red flags
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Inventory outpacing revenue
Inventory grew 56.8% while revenue grew 22.0% year over year
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Oct 29, 2025: 17 added · 25 removed · 44 modified; 21 with only figures updated