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Cadence Design Systems, Inc.

CDNS ·Technology, Software - Application, United States
Analysis › KPI Dashboard

As of Fiscal Year 2025 (ended December 31, 2025)

Key KPIs at a Glance

Metric Value
Total revenue (FY2025) $5.297 billion, up 14% year-over-year
Q4 2025 revenue $1.440 billion, up 6.2% year-over-year
GAAP operating income / margin (FY2025) $1.492 billion / 28.2% operating margin, vs. 29.1% in FY2024
Non-GAAP operating margin (FY2025) 44.6%, reflecting productivity-driven profitability improvement (company-defined non-GAAP metric)
GAAP net income / diluted EPS (FY2025) $1.109 billion / $4.06 per diluted share, up from $1.055 billion / $3.85 in FY2024
Non-GAAP diluted EPS (FY2025) $7.14, up 20% year-over-year from $5.97
Operating cash flow (FY2025) $1.729 billion
Free cash flow (FY2025) approximately $1.587 billion (operating cash flow of $1.729 billion less capex of $142 million)
Cash and cash equivalents (as of December 31, 2025) $3.001 billion, against $2.480 billion of long-term debt
Total backlog / remaining performance obligations (as of December 31, 2025) $7.8 billion, a record level; approximately 53% expected to be recognized as revenue within the next 12 months
Headcount (as of December 31, 2025) approximately 13,800 employees, up from 12,700 a year earlier (+8.7%)
FY2026 revenue guidance $5.9-$6.0 billion (8-14% growth), excluding the impact of the pending Hexagon D&E acquisition

Revenue by Product Category (FY2025)

Total Revenue: $5.30B

Cadence Q4/FY2025 earnings release commentary (twelve months ended December 31, 2025); dollar values derived from disclosed percentage-of-revenue splits (Core EDA ~70%, System Design & Analysis ~16%, Semiconductor IP ~14%), rounded to the nearest percentage point, so slices are approximate and sum to the reported $5,297 million total

Revenue by Geography (FY2025)

Total Revenue: $5.30B

Cadence Q4/FY2025 earnings release commentary (twelve months ended December 31, 2025); dollar values derived from disclosed percentage-of-revenue splits (Americas ~47%, Other Asia ~19%, EMEA ~15%, China ~13%, Japan ~6%), rounded to the nearest percentage point, so slices are approximate and sum to the reported $5,297 million total

Global EDA + IP Market -- Estimated Vendor Revenue Share (2025)

Est. Global EDA + IP Market: $18.00B

Third-party estimate: SemiAnalysis, 'EDA Market Primer' (2025) -- sizes the global EDA+IP market at roughly $18 billion in 2025; Synopsys and Siemens EDA figures are SemiAnalysis estimates (Siemens EDA given as a $2.2-2.5B range, midpoint shown), Cadence figure matches its own reported FY2025 revenue; 'Other' is the SemiAnalysis-implied residual for all remaining EDA/IP vendors

Total Revenue Growth (FY2021-FY2025)

Cadence full-year earnings results, fiscal years 2021-2025 (each ended December 31) -- revenue has grown every year, accelerating to 14% growth in FY2025 on strong Semiconductor IP (+~25%) and continued AI-driven demand for EDA and system design tools

Sources: Cadence is a calendar-year fiscal year company; FY2025 (ended December 31, 2025) is the most recently completed and reported fiscal year, with Q4/FY2025 results reported in Cadence's 'Fourth Quarter and Fiscal Year 2025 Financial Results' press release (filed as an 8-K exhibit, early 2026) and detailed further in the FY2025 Form 10-K. Total revenue and revenue by product category and geography are company-disclosed GAAP figures; the product-category and geography dollar breakdowns were derived from the percentage-of-revenue splits Cadence disclosed in its earnings release/call commentary (rounded to the nearest whole percentage point), so dollar slice values are approximate and may not exactly match cent-for-cent figures in the 10-K's revenue tables. Operating income, net income, and margins are as reported (GAAP unless noted 'non-GAAP', a company-defined adjusted metric excluding items such as stock-based compensation and amortization of acquired intangibles). Cadence does not disclose operating income or net income by segment, so segment-level profitability is not shown as a pie (per the pie-vs-loss rule, and because it simply is not broken out). The EDA/IP market-share pie is a THIRD-PARTY ESTIMATE from SemiAnalysis's 'EDA Market Primer' (2025), which sizes the global EDA+IP market at roughly $18 billion and estimates 2025 revenue for the three largest vendors (Synopsys, Cadence, Siemens EDA); it is not a Cadence-reported figure and Siemens EDA's revenue is itself a SemiAnalysis estimate (given as a $2.2-2.5B range, midpoint used here).