Oct 26, 4:03 PM ET
Cadence Design Systems reported third-quarter 2026 financial results with revenue of $1.633 billion and raised its full-year 2026 revenue growth outlook to 21 percent. Additionally, the company's board of directors authorized an additional $2.5 billion for its share repurchase program following $400 million spent on buybacks during the quarter.
- Q3 2026 revenue reached $1.633 billion, up from $1.339 billion in Q3 2025.
- Full-year 2026 revenue outlook was raised to a range of $6.387 billion to $6.417 billion.
- Quarter-end backlog reached a record $8.2 billion.
- The board of directors approved an additional $2.5 billion for the share repurchase program on October 23, 2026.
Read the filing on SEC.gov ↗
Jul 27, 4:03 PM ET
Cadence reported second-quarter 2026 revenue of $1.584 billion, up from $1.275 billion a year earlier, and GAAP diluted EPS of $1.33 versus $0.59. The company raised its full-year 2026 revenue and non-GAAP EPS outlook and reported a record backlog of $8.1 billion, which signals higher expected revenue and earnings for shareholders.
- Q2 2026 GAAP diluted EPS was $1.33 versus $0.59 in Q2 2025; non-GAAP diluted EPS was $2.11 versus $1.65.
- FY 2026 revenue outlook raised to $6.26 billion to $6.34 billion; non-GAAP EPS outlook raised to $8.05 to $8.15.
- Quarter-end backlog was a record $8.1 billion.
- Q3 2026 revenue outlook is $1.595 billion to $1.625 billion, and the company expects to use about $200 million to repurchase shares in Q3.
Read the filing on SEC.gov ↗
May 11, 6:14 PM ET
At its May 7, 2026 annual meeting, Cadence stockholders approved an amendment to the Omnibus Equity Incentive Plan that adds 5,000,000 shares and removes the plan's fixed April 30, 2030 end date. All 11 director nominees were elected, and stockholders approved the advisory say-on-pay vote and the selection of PricewaterhouseCoopers LLP as auditor.
- Omnibus Plan amendment: 5,000,000 additional shares authorized; 216,695,272 votes for, 8,512,065 against
- Fixed plan term ending April 30, 2030 eliminated; plan continues until terminated by the Board or shares are exhausted
- Advisory say-on-pay approved with 195,205,028 for and 29,350,859 against; PwC ratified with 243,583,173 for
Read the filing on SEC.gov ↗
Apr 27, 4:03 PM ET
Cadence reported first-quarter 2026 revenue of $1.474 billion, up from $1.242 billion a year earlier, and non-GAAP diluted earnings of $1.96 per share, up from $1.57. The company raised its full-year 2026 revenue outlook to $6.125 billion to $6.225 billion, from a prior range of $5.900 billion to $6.000 billion, and reported a record backlog of $8.0 billion.
- Q1 2026 revenue of $1.474 billion vs. $1.242 billion in Q1 2025
- Q1 2026 GAAP diluted EPS of $1.23 vs. $1.00; non-GAAP diluted EPS of $1.96 vs. $1.57
- FY 2026 revenue outlook raised to $6.125 billion-$6.225 billion from $5.900 billion-$6.000 billion
- Quarter-end backlog of $8.0 billion; about $200 million planned for share repurchases in Q2 2026
Read the filing on SEC.gov ↗
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