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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

311.46 0.03 +0.01%
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/Sales

Alert me on EV/Sales

As of 5 November 2026, Cadence Design Systems, Inc. (CDNS) trades at a EV/Sales of 14.1×. Over the past ten years it has ranged from 3.2× (February 2015) to 21.5× (June 2024); the current reading is higher than 64% of that period. That is above the Software Application industry median of 2.9× and above the Technology sector median of 2.6×.

EV/Sales, daily

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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
Sep 2026 14.9× (16.41%)
Jun 2026 17.9× 28.11%
Mar 2026 13.9× (12.73%)
Dec 2025 16.0× (12.61%)
43 more quarters

Against its own ten years

Low 3.2× High 21.5×
Ten-year median 12.1×
Current reading's percentile 61

EV/Sales against peers

Company EV/Sales
UBER Uber Technologies, Inc. compare 2.6×
ADBE Adobe Inc. compare 3.8×
INTU Intuit Inc. compare 4.5×
ADP Automatic Data Processing, Inc. compare 5.6×
NOW ServiceNow, Inc. compare 7.1×
DDOG Datadog, Inc. compare 13.7×
CDNS Cadence Design Systems, Inc. 14.1×
SNOW Snowflake Inc. compare 17.4×
MSTR Strategy Inc compare 107×
Software Application industry median 2.9×
Technology sector median 2.6×
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)

The full definition of EV/Sales →

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