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.
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Cadence Design Systems, Inc. (CDNS) P/S ratio
As of 16 October 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/S ratio of 15.0×. Over the past ten years it has ranged from 3.1× (February 2015) to 21.6× (June 2024); the current reading is higher than 69% of that period. That is above the Software Application industry median of 2.7× and above the Technology sector median of 2.7×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 16.0× | (8.80%) |
| FY2024 | 17.6× | 1.40% |
| FY2023 | 17.3× | 42.45% |
| FY2022 | 12.2× | (28.73%) |
| FY2021 | 17.1× | 22.53% |
| FY2020 | 13.9× | 71.60% |
| FY2019 | 8.1× | 45.72% |
| FY2018 | 5.6× | (5.47%) |
| FY2017 | 5.9× | 48.34% |
| FY2016 | 4.0× | 12.73% |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 17.6× | 28.81% |
| Mar 2026 | 13.7× | (14.60%) |
| Dec 2025 | 16.0× | (12.37%) |
| Sep 2025 | 18.3× | 11.23% |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| UBER Uber Technologies, Inc. compare | 2.6× |
| ADBE Adobe Inc. compare | 3.7× |
| INTU Intuit Inc. compare | 4.2× |
| ADP Automatic Data Processing, Inc. compare | 5.3× |
| TEAM Atlassian Corporation PLC compare | 8.2× |
| CDNS Cadence Design Systems, Inc. | 15.0× |
| SNOW Snowflake Inc. compare | 19.7× |
| DDOG Datadog, Inc. compare | 22.2× |
| MSTR Strategy Inc compare | 96.8× |
| Software Application industry median | 2.7× |
| Technology sector median | 2.7× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (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/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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