CDNS · News · 20260804N
Revenue Performance and Mix
CADENCE DESIGN SYSTEMS INC · 2026-08-04 · Importance 52 · Surprise 30 · In source text
Cadence reported $1.58 billion in quarterly revenue, representing 24.2% year-over-year growth. The quarterly result exceeded earnings estimates, with reported EPS of $2.11. Third-party reporting did not provide a segment or geographic revenue breakdown for the quarter.
Key facts
- Cadence reported $2.11 EPS and $1.58 billion in revenue. source
- Glenmede Trust Co. NA reduced its stake in Cadence by 39.2% in the first quarter, selling 17,457 shares and retaining 27,066 shares valued at approximately $7.5 million. source
- Institutional investors hold 84.85% of Cadence's stock. source
- Cadence's stock rose 1.33% on Tuesday, closing at $340.62, and remained 18.26% below its 52-week high. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | unclear | realized | — | Cadence reported $2.11 EPS and $1.58 billion in revenue. |