Cadence Design Systems Inc.
Income Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.44B | $1.34B | $1.28B | $1.24B | $1.36B | $1.22B | $1.06B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $508.4M | — | $423.0M | $442.1M | $439.1M | — | $407.4M | $370.7M |
| SG&A Expense | $88.2M | $103.2M | $78.0M | $69.0M | $63.1M | $70.2M | $71.6M | $63.4M |
| Operating Income | $431.3M | $463.3M | $425.4M | $241.8M | $361.5M | $456.9M | $350.1M | $293.9M |
| Operating Margin | 29.3% | 32.2% | 31.8% | 19.0% | 29.1% | 33.7% | 28.8% | 27.7% |
| Interest Expense | $31.6M | $29.4M | $29.0M | $28.9M | $29.1M | $29.9M | $24.5M | $12.9M |
| Pretax Income | $428.1M | $493.0M | $392.8M | $280.6M | $355.7M | $436.7M | $333.4M | $315.7M |
| Income Tax Expense | $92.4M | $104.8M | $105.7M | $120.6M | $82.1M | $96.4M | $95.3M | $86.2M |
| Net Income | $335.7M | $388.1M | $287.1M | $160.1M | $273.6M | $340.2M | $238.1M | $229.5M |
| Net Margin | 22.8% | 27.0% | 21.4% | 12.5% | 22.0% | 25.1% | 19.6% | 21.6% |
| EPS (Basic) | $1.23 | $1.43 | $1.06 | $0.59 | $1.01 | $1.25 | $0.87 | $0.85 |
| EPS (Diluted) | $1.23 | $1.42 | $1.05 | $0.59 | $1.00 | $1.23 | $0.87 | $0.84 |
| Shares Outstanding (Basic) | 272.1M | 271.3M | 271.2M | 271.3M | 272.0M | 271.2M | 272.2M | 270.9M |
| Shares Outstanding (Diluted) | 273.7M | 273.3M | 273.8M | 272.9M | 273.6M | 273.8M | 274.0M | 273.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |