Pricing Log in Create free account
Friday 6 November 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.

Revenue
+22.0%
EPS
−0.15%
Free cash flow
+30.7%
Total debt
+6.22%

Quarter to September 2026, against a year earlier

312.11 17.41 −5.28%
Market cap
$85.5B
P/E
61.7×
Fwd P/E
67.7×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

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 September 2026 was 1.4×, down 1.5× 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 below the Software Application industry median of 1.5× and below the Technology sector median of 1.9×.

Current ratio, annual

Embed this chart

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
Sep 2026 1.4× (21.97%)
Jun 2026 1.7× 18.49%
Mar 2026 1.5× (48.50%)
Dec 2025 2.9× (6.31%)
43 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 4.0×
DDOG Datadog, Inc. compare 3.5×
INTU Intuit Inc. compare 1.5×
CDNS Cadence Design Systems, Inc. 1.4×
UBER Uber Technologies, Inc. compare 1.2×
ADP Automatic Data Processing, Inc. compare 1.0×
SNOW Snowflake Inc. compare 0.9×
ADBE Adobe Inc. compare 0.8×
NOW ServiceNow, Inc. compare 0.7×
Software Application industry median 1.5×
Technology sector median 1.9×
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 →

More on CDNS