CDNS Q2 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Cadence Design Systems delivered a strong beat-and-raise quarter in Q2 2025, reporting revenue of $1.28 billion, up 20.3% year over year and ahead of the $1.25 billion consensus, while non-GAAP EPS of $1.65 cleared the $1.56 estimate by 5.88%. The br… Read more Cadence Design Systems delivered a strong beat-and-raise quarter in Q2 2025, reporting revenue of $1.28 billion, up 20.3% year over year and ahead of the $1.25 billion consensus, while non-GAAP EPS of $1.65 cleared the $1.56 estimate by 5.88%. The broad-based strength was driven by double-digit growth across all three product segments, with System Design & Analysis climbing 35% year over year, the IP business growing more than 25%, and Core EDA contributing a solid 16% gain, together more than offsetting a reduction in China revenue, which fell to 9% of total sales from 12% a year ago following new export restrictions. GAAP results were weighed down by a $140.60 million DOJ and Bureau of Industry and Security settlement charge, which analysts had flagged as a known overhang on the stock. Looking ahead, Cadence raised its full-year 2025 revenue outlook by $50 million at the midpoint to $5.21 billion to $5.27 billion, implying 12% to 14% growth, and lifted non-GAAP EPS guidance to $6.85 to $6.95, signaling continued confidence in demand for its electronic design automation platform.