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

Cadence Design Systems, Inc. (CDNS) EV/Sales

Alert me on 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

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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
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

Against its own ten years

Low 3.2× High 21.5×
Ten-year median 12.0×
Current reading's percentile 68

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)

The full definition of EV/Sales →

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