Strong Revenue and Earnings Growth
Revenue grew 18.7% YoY to $1.47B in Q1 FY2026, while net income rose 22.7% to $335.7M and diluted EPS increased 23.0% to $1.23, demonstrating robust demand for Cadence's EDA and IP solutions.
CADENCE DESIGN SYSTEMS INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Cadence Design Systems delivered strong Q1 FY2026 results with revenue of $1.47B (+18.7% YoY) and net income of $335.7M (+22.7% YoY), though operating cash flow declined 26.9% and investing cash outflows surged nearly 96x YoY, reflecting significant acquisition activity.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 18.7% YoY to $1.47B in Q1 FY2026, while net income rose 22.7% to $335.7M and diluted EPS increased 23.0% to $1.23, demonstrating robust demand for Cadence's EDA and IP solutions.
Operating margin held steady at approximately 29.3% (vs. 29.1% in Q1 FY2025), indicating disciplined cost management even as R&D spending increased 15.8% YoY to $508.4M, reflecting continued investment in next-generation design tools.
Investing cash outflows surged to -$2.11B in Q1 FY2026 from just -$21.8M in Q1 FY2025, a ~96x increase, strongly suggesting a major acquisition or strategic investment that also drove total assets up 34.2% YoY to $12.1B.
Revenue
$1.47B
++18.66% YoY
EPS (Basic)
$1.23
++21.78% YoY
Operating Income
$431.33M
++19.31% YoY
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