Cadence Design Systems, Inc. (CDNS)

From the record

Cadence Design Systems, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2020-03-03) (its current reports).

From the record

Cadence Design Systems, Inc.'s 10 filed years say what it did: revenue went from $1.8 billion in fiscal 2016 to $5.3 billion in fiscal 2025, up 12.6% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Cadence Design Systems, Inc.'s diluted share count shrank about 0.2% a year, and dividends and buybacks returned about 50% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 111 sales (107 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Cadence Design Systems, Inc. earned about 20 cents of profit for every dollar of shareholders' money. Leverage: it owed about 46 cents per dollar of assets, and net share issuance: its share count shrank 0.2% over the year (the filed statements).

From the record

Cadence Design Systems, Inc.'s standing among 218 graded names in its industry family: revenue of $5.3 billion in fiscal 2025 ranks in the top 7% by size; a net margin of 20.9% ranks in the top 13%; revenue growth of 14.1% a year over the last 3 filed years ranks in the top 43% (its annual reports).

From the record

Cadence Design Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Devgan, Anirudh (President and CEO, as filed), filing under that title since 2021-12-17, 4.9 years (top 49% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 7.4 years (top 20%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Cadence Design Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3.0 billion against no long-term debt tagged leaves 29.6% of its assets as net cash, top 24% of its family; cash from operations less capital spending is 30% of revenue (top 14%) (its annual report).

From the record

Cadence Design Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 14.1% a year over the last three filed years against 12.6% over all 10, speeding up (top 12% of its family); the newest year grew 14.1% (top 46%); capital spending grew 4.8% a year (top 45%) (its annual reports). Cadence Design Systems, Inc. reported 2 product lines in fiscal 2025: Productandmaintenance at $4.8 billion (91%), Technology Service at $475 million (9%); 2 of 2 grew against the year before (its annual report).

From the record

Cadence Design Systems, Inc.'s newest year against its own record: revenue of $5.3 billion in fiscal 2025 came in 0% below the $5.3 billion its prior three years' pace pointed to (top 47% of its family); net income of $1.1 billion against a prior three-year average of $982 million (bottom 33%); a net margin of 20.9% against 24% before (bottom 20%) (its annual reports).