Pricing Log in Create free account
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) Debt to equity

Alert me on Debt to equity

Cadence Design Systems, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.4×, down 0.1× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.1× (fiscal 2021) to 0.9× (fiscal 2016); the current reading is higher than 73% of that period. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.5× (14.48%)
FY2024 0.5× 177.82%
FY2023 0.2× (30.02%)
FY2022 0.3× 100.52%
FY2021 0.1× (11.00%)
FY2020 0.2× (13.68%)
FY2019 0.2× (48.81%)
FY2018 0.3× (53.13%)
FY2017 0.7× (21.14%)
FY2016 0.9× 274.71%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.4× (18.29%)
Mar 2026 0.4× (2.25%)
Dec 2025 0.5× (4.97%)
Sep 2025 0.5× (3.68%)
42 more quarters

Against its own ten years

Low 0.1× High 0.9×
Ten-year median 0.3×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
MSTR Strategy Inc compare 0.2×
DDOG Datadog, Inc. compare 0.2×
INTU Intuit Inc. compare 0.3×
CDNS Cadence Design Systems, Inc. 0.4×
UBER Uber Technologies, Inc. compare 0.5×
ADBE Adobe Inc. compare 0.5×
ADP Automatic Data Processing, Inc. compare 0.8×
TEAM Atlassian Corporation PLC compare 0.9×
SNOW Snowflake Inc. compare 1.1×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on CDNS