Cadence Design Systems, Inc. CDNS
Software - Application, Technology
$356.12
−0.95%
- Market cap
- $98.1B
- PE
- 70.8×
- 10y median 59.4×
- Forward PE
- Price to sales
- 16.8×
- EV/EBIT
- 56.0×
- Revenue, 12 months
- $5.8B
- +15% on a year ago
- Net margin
- 23.6%
- Free cash flow yield
- 1.7%
Cadence Design Systems trades at 70.8× trailing earnings, pricier than 72% of the last ten years. Revenue was $5.8B over the last twelve months, up 15% on a year earlier with a 24% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.1B | $1B | $1.1B | $1.2B | $1.4B+27% | $1.2B+23% | $1.3B+20% | $1.3B+10% | $1.4B+6% | $1.5B+19% | $1.6B+24% | |
| Cost of revenue | $104.1M | $125.2M | $139.3M | $163.1M | $220M+111% | $167.1M+34% | $184.2M+32% | $182.2M+12% | $188.7M−14% | $61.2M−63% | $239.3M+30% |
| Gross profit | $964.5M | $883.9M | $921.4M | $1.1B | $1.1B+18% | $1.1B+22% | $1.1B+18% | $1.2B+10% | $1.3B+10% | $1.4B+31% | $1.3B+23% |
| R&D | $367.4M | $379M | $370.7M | $407.4M | $392M+7% | $439.1M+16% | $442.1M+19% | $423M+4% | $464.6M+19% | $508.4M+16% | $531.3M+20% |
| SG&A | $256.1M | $249.3M | $250.2M | $261.3M | $279M+9% | $265.8M+7% | $269.6M+8% | $270.6M+4% | $310M+11% | $299.7M+13% | $329.6M+22% |
| $336.5M | $250M | $293.9M | $350.1M | $456.9M+36% | $361.5M+45% | $241.8M−18% | $425.4M+22% | $463.3M+1% | $431.3M+19% | $450.3M+86% | |
| Interest expense | $9M | $8.7M | $12.9M | $24.5M | $29.9M+233% | $29.1M+235% | $28.9M+124% | $29M+19% | $29.4M−2% | $31.6M+9% | $35.1M+21% |
| Pre-tax income | $362.1M | $310M | $315.7M | $333.4M | $436.7M+21% | $355.7M+15% | $280.6M−11% | $392.8M+18% | $493M+13% | $428.1M+20% | $510.2M+82% |
| $38.2M | $62.4M | $86.2M | $95.3M | $96.4M+153% | $82.1M+32% | $120.6M+40% | $105.7M+11% | $104.8M+9% | $92.4M+13% | $143.2M+19% | |
| Net income | $323.9M | $247.6M | $229.5M | $238.1M | $340.2M+5% | $273.6M+11% | $160.1M−30% | $287.1M+21% | $388.1M+14% | $335.7M+23% | $367.1M+129% |
| $1.19 | $0.91 | $0.84 | $0.87 | $1.24+4% | $1.00+10% | $0.59−30% | $1.05+21% | $1.42+15% | $1.23+23% | $1.33+125% | |
| 272.4M | 273.5M | 273.5M | 274M | 274.3M+1% | 273.6M+0% | 272.9M−0% | 273.8M−0% | 272.9M−1% | 273.7M+0% | 276.2M+1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Software - Application within ten times Cadence Design Systems's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| CDNSCadence Design Systems, Inc. | $98.1B | 70.8× | 59.4× | 16.8× | +15% | 23.6% | |
| APPAppLovin Corporation | $94.1B | 21.6× | 67.8× | 13.8× | +48% | 64.6% | |
| ADPAutomatic Data Processing, Inc. | $104.9B | 24.1× | 30.4× | 4.8× | +7% | 20.1% | |
| ADBEAdobe Inc. | $90.6B | 13.0× | 48.5× | 3.5× | +12% | 28.0% | |
| INTUIntuit Inc. | $79.4B | 18.0× | 49.3× | 3.7× | +14% | 21.3% | |
| UBERUber Technologies, Inc. | $139.8B | 15.0× | 17.7× | 2.5× | +17% | 17.3% | |
| NOWServiceNow, Inc. | $142.6B | 86.2× | 148× | 9.7× | +22% | 11.3% | |
| CRMSalesforce, Inc. | $184.8B | 20.5× | 121× | 4.2× | +11% | 22.0% | |
| ADSKAutodesk, Inc. | $49.1B | 30.4× | 58.4× | 6.3× | +18% | 21.1% | |
| VEEVVeeva Systems Inc. | $45.7B | 46.5× | 75.6× | 13.2× | +17% | 29.3% | |
| SHOPShopify Inc. | $213.6B | 111× | 99.5× | 16.1× | +33% | 14.5% | |
| Peer median | $99.5B | 22.9× | 63.1× | 5.5× | +17% | 21.2% |
About
- Industry
- Software - Application
- Sector
- Technology
Valuation data, not investment advice. Prices as of .