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.
Follow CDNS
Cadence Design Systems, Inc. (CDNS) EV/Sales
As of 16 October 2026, Cadence Design Systems, Inc. (CDNS) trades at a EV/Sales of 15.2×. Over the past ten years it has ranged from 3.2× (February 2015) to 21.5× (June 2024); the current reading is higher than 71% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 16.0× | (9.19%) |
| FY2024 | 17.6× | 2.14% |
| FY2023 | 17.2× | 42.17% |
| FY2022 | 12.1× | (27.94%) |
| FY2021 | 16.8× | 21.56% |
| FY2020 | 13.8× | 73.58% |
| FY2019 | 8.0× | 44.23% |
| FY2018 | 5.5× | (6.50%) |
| FY2017 | 5.9× | 44.36% |
| FY2016 | 4.1× | 9.74% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 17.9× | 28.11% |
| Mar 2026 | 13.9× | (12.73%) |
| Dec 2025 | 16.0× | (12.61%) |
| Sep 2025 | 18.3× | 11.32% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| UBER Uber Technologies, Inc. compare | 2.7× |
| ADBE Adobe Inc. compare | 3.8× |
| INTU Intuit Inc. compare | 4.2× |
| ADP Automatic Data Processing, Inc. compare | 5.4× |
| TEAM Atlassian Corporation PLC compare | 8.1× |
| CDNS Cadence Design Systems, Inc. | 15.2× |
| SNOW Snowflake Inc. compare | 19.6× |
| DDOG Datadog, Inc. compare | 21.2× |
| MSTR Strategy Inc compare | 105× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)
More on CDNS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement