Cadence Q1 revenue rises 23% to $1.242 billion; raises 2025 revenue and EPS outlook
Cadence reported first quarter 2025 revenue of $1.242 billion, up from $1.009 billion a year earlier, and non-GAAP diluted EPS of $1.57, up from $1.17. The company raised its full-year 2025 revenue and non-GAAP EPS outlook, and GAAP net income rose to $273.6 million from $247.6 million.
Key points
- Q1 revenue $1.242 billion vs $1.009 billion in Q1 2024; GAAP diluted EPS $1.00 vs $0.91
- FY 2025 revenue outlook raised to $5.15 billion to $5.23 billion from $5.14 billion to $5.22 billion; non-GAAP EPS outlook raised to $6.73 to $6.83 from $6.65 to $6.75
- Q2 2025 revenue outlook of $1.25 billion to $1.27 billion; non-GAAP EPS of $1.55 to $1.61
- Repurchased $350 million of common stock in Q1 2025
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.