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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Cadence Design Systems, Inc. (CDNS) trades at a EV/EBITDA of 40.1×. Over the past ten years it has ranged from 13.9× (January 2016) to 66.0× (June 2024); the current reading is higher than 53% of that period. That is above the Software Application industry median of 15.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 49.2× (6.74%)
FY2024 52.8× 4.59%
FY2023 50.5× 41.09%
FY2022 35.8× (34.34%)
FY2021 54.5× 16.27%
FY2020 46.8× 54.88%
FY2019 30.2× 32.14%
FY2018 22.9× (12.16%)
FY2017 26.1× 28.12%
FY2016 20.3× 32.29%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 42.4× (14.85%)
Jun 2026 49.8× 17.70%
Mar 2026 42.3× (13.99%)
Dec 2025 49.2× (12.05%)
43 more quarters

Against its own ten years

Low 13.9× High 66.0×
Ten-year median 38.6×
Current reading's percentile 53

EV/EBITDA against peers

Company EV/EBITDA
MSTR Strategy Inc compare n/m
SNOW Snowflake Inc. compare n/m
ADBE Adobe Inc. compare 9.7×
INTU Intuit Inc. compare 14.5×
ADP Automatic Data Processing, Inc. compare 16.3×
UBER Uber Technologies, Inc. compare 19.7×
NOW ServiceNow, Inc. compare 31.6×
CDNS Cadence Design Systems, Inc. 40.1×
DDOG Datadog, Inc. compare 488×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on CDNS