CADENCE DESIGN SYSTEMS INC
CDNSOther · Large accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $5.30B | $4.64B | $4.09B | $3.56B | $2.68B | $2.34B |
| Operating income | $1.49B | $1.35B | $1.25B | $1.07B | $645.6M | $491.8M |
| Net income | $1.11B | $1.06B | $1.04B | $849.0M | $590.6M | $989.0M |
| Total assets | $10.15B | $8.97B | $5.67B | $5.14B | $3.95B | $3.36B |
| Total liabilities | — | — | — | — | — | — |
| Equity | $5.47B | $4.67B | $3.40B | $2.75B | $2.49B | $2.10B |
| EPS (diluted) | $4.06 | $3.85 | $3.82 | $3.09 | $2.11 | $3.53 |
| Shares out. | 274.1M | 272.2M | 272.9M | 277.3M | 279.0M | 280.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 28.2%
- Net margin
- 20.9%
- Return on equity
- 20.3%
- Return on assets
- 10.9%
- Return on capital (ROCE)
- 17.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $19.97
- Revenue growth (YoY)
- 14.1%
- Net income growth (YoY)
- 5.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −6.1%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 5 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Blackrock, Inc.Passive (13G)Apr 24, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Teng Chin-ChiOfficer — Sr. Vice President | May 22, 2026 | Option exercise | 1,000 | $202.94 |
| Devgan AnirudhOfficer — President and CEO | May 22, 2026 | Option exercise | 25,000 | $78.76 |
| Scannell PaulOfficer — Sr. Vice President | May 15, 2026 | Tax withholding | 75 | $347.24 |
| Taxay MarcOfficer — SVP & General Counsel | May 15, 2026 | Tax withholding | 1,384 | $347.24 |
| Adams MarkDirector | May 7, 2026 | Gift | 779 | $0.00 |
| Chew LewisDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Brennan Ita MDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Krakauer Mary LDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Gavrielov MosheDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Sangiovanni Vincentelli AlbertoDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Van Den Hove LucDirector | May 7, 2026 | Grant | 714 | $0.00 |
| Plummer James DDirector | May 7, 2026 | Gift | 779 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5.4M | 2.6 | -13.9% |
| Apr 30, 2026 | 6.3M | 2.2 | +7.0% |
| Apr 15, 2026 | 5.9M | 2.9 | -18.0% |
| Mar 31, 2026 | 7.2M | 3.3 | +16.2% |
| Mar 13, 2026 | 6.2M | 2.5 | +17.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder voteMay 12, 2026
- Results of operationsApr 27, 2026
- Unregistered equity saleFeb 23, 2026
- Results of operationsFeb 17, 2026
- Director / officer changeNov 17, 2025
- Results of operationsOct 27, 2025
- Entered a material agreement · Unregistered equity saleSep 4, 2025
- Entered a material agreementJul 28, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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