CDNS · News · 20260808N

Revenue Performance and Mix

CADENCE DESIGN SYSTEMS INC · 2026-08-08 · Importance 52 · Surprise 30

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

• Assenagon Asset Management S.A. increased its Cadence stake by 5.0% in the second quarter to 235,329 shares valued at approximately $88.3 million. source
• CoreCap Advisors LLC reduced its stake in Cadence by 74.8% in the second quarter, selling 6,668 shares and retaining 2,243 shares valued at $842,000. source
• Simply Wall St's analysis suggests Cadence is 14.3% undervalued. source