Cadence Design Systems, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Cadence Design Systems, Inc. reported net income of $1.11B on revenue of $5.30B. Operating cash flow was $1.73B and capital expenditures were $141.87M, leaving $1.59B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.94B | $2.14B | $2.34B | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B |
| Operating income | $244.90M | $323.95M | $396.21M | $491.80M | $645.55M | $779.09M | $1.07B | $1.25B | $1.35B | $1.49B |
| Net income | $203.09M | $204.10M | $345.78M | $988.98M | $590.64M | $695.96M | $848.95M | $1.04B | $1.06B | $1.11B |
| Diluted EPS | $0.70 | $0.73 | $1.23 | $3.53 | $2.11 | $2.50 | $3.09 | $3.82 | $3.85 | $4.06 |
| Operating cash flow | $444.88M | $470.74M | $604.75M | $729.60M | $904.92M | $1.10B | $1.24B | $1.35B | $1.26B | $1.73B |
| Capital expenditures | $53.71M | $57.90M | $61.50M | $74.61M | $94.81M | $65.30M | $123.22M | $102.34M | $142.54M | $141.87M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K/A 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 28.2% | 20.9% |
| Dec 2024 | — | 29.1% | 22.7% |
| Dec 2023 | — | 30.6% | 25.5% |
| Dec 2022 | — | 30.1% | 23.8% |
| Jan 2022 | — | 26.1% | 23.3% |
Source: SEC EDGAR XBRL company facts for CIK 813672 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.