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Saturday 17 October 2026 Export CDNS’s income statement to Excel — free account

Cadence Design Systems, Inc.

CDNS Technology Software Application

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.

319.51 4.87 −1.50%
Market cap
$89.3B
P/E
63.1×
Fwd P/E
83.7×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Cadence Design Systems, Inc. (CDNS) Current ratio

Alert me on Current ratio

Cadence Design Systems, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 1.7×, down 1.1× from fiscal 2025 (2.9×). Over the past ten years it has ranged from 1.2× (fiscal 2016) to 2.9× (fiscal 2024); the current reading is higher than 91% of that period. That is above the Software Application industry median of 1.5× and below the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.9× (2.58%)
FY2024 2.9× 135.97%
FY2023 1.2× (1.91%)
FY2022 1.3× (28.31%)
FY2021 1.8× (4.80%)
FY2020 1.9× 6.70%
FY2019 1.7× 29.64%
FY2018 1.3× (12.06%)
FY2017 1.5× 27.24%
FY2016 1.2× (33.32%)

Quarterly newest first

Period Current ratio Change
Jun 2026 1.7× 18.49%
Mar 2026 1.5× (48.50%)
Dec 2025 2.9× (6.31%)
Sep 2025 3.0× 8.02%
42 more quarters

Against its own ten years

Low 1.2× High 2.9×
Ten-year median 1.7×
Current reading's percentile 91

Current ratio against peers

Company Current ratio
MSTR Strategy Inc compare 5.4×
DDOG Datadog, Inc. compare 3.2×
CDNS Cadence Design Systems, Inc. 1.7×
INTU Intuit Inc. compare 1.5×
ADP Automatic Data Processing, Inc. compare 1.1×
SNOW Snowflake Inc. compare 0.9×
UBER Uber Technologies, Inc. compare 0.8×
TEAM Atlassian Corporation PLC compare 0.8×
ADBE Adobe Inc. compare 0.8×
Software Application industry median 1.5×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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