Cadence Q3 revenue rises to $1.339 billion; raises 2025 revenue and EPS outlook
Cadence reported third-quarter 2025 revenue of $1.339 billion, up from $1.215 billion a year earlier, and non-GAAP diluted earnings of $1.93 per share, up from $1.64. The company raised its full-year 2025 revenue and non-GAAP EPS outlook, and reported a record backlog of $7.0 billion, which points to stronger expected results for shareholders.
Key points
- Q3 2025 revenue $1.339 billion vs $1.215 billion in Q3 2024; GAAP diluted EPS $1.05 vs $0.87
- Non-GAAP diluted EPS $1.93 vs $1.64 in Q3 2024
- FY 2025 revenue outlook raised to $5.262 billion–$5.292 billion from $5.210 billion–$5.270 billion; non-GAAP EPS outlook raised to $7.02–$7.08 from $6.85–$6.95
- Record quarter-end backlog of $7.0 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits 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 October 27, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.