Cadence Design Systems (CDNS) Tops Q3 EPS by 14c, Beats on Revenue; Offers FY25 Guidance

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Cadence Reports Third Quarter 2025 Financial Results

October 27, 2025 4:02 PM EDT

Record Backlog of $7.0 Billion
Raising 2025 Revenue Outlook to ~14% Growth YoY

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

Third Quarter 2025 Financial Results

Revenue of $1.339 billion, compared to revenue of $1.215 billion in Q3 2024 GAAP operating margin of 31.8%, compared to 28.8% in Q3 2024 Non-GAAP operating margin of 47.6%, compared to 44.8% in Q3 2024 GAAP diluted net income per share of $1.05, compared to $0.87 in Q3 2024 Non-GAAP diluted net income per share of $1.93, compared to $1.64 in... More