Cadence Design Systems (CDNS) Tops Q1 EPS by 8c, Offers Guidance

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Go back to Cadence Design Systems (CDNS) Tops Q1 EPS by 8c, Offers Guidance

Cadence Reports First Quarter 2025 Financial Results

April 28, 2025 4:02 PM EDT

Exceeded Q1 Guidance for All Key Metrics

Q1 Revenue Up 23% & Non-GAAP EPS Up 34% YoY

Raising 2025 Revenue and EPS Outlook

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence (Nasdaq: CDNS) today announced results for the first quarter of 2025.

First Quarter 2025 Financial Results

Revenue of $1.242 billion, compared to revenue of $1.009 billion in Q1 2024 GAAP operating margin of 29.1%, compared to 24.8% in Q1 2024 Non-GAAP operating margin of 41.7%, compared to 37.8% in Q1 2024 GAAP diluted net income per share of $1.00,... More