CADENCE DESIGN SYSTEMS INC
Close on Oct 19, 2026
- Market cap
- $89.20B
- P/E (TTM)
- 76.0
- Dividend yield
- –
About Cadence Design Systems
Services-Prepackaged Software, SIC 7372
Cadence provides computational software, hardware acceleration platforms, and silicon intellectual property used to design, verify, and simulate electronic systems and semiconductor devices. Its portfolio is structured into three primary product categories: Core Electronic Design Automation, Semiconductor IP, and System Design and Analysis. Core offerings include custom integrated circuit design, digital implementation, functional verification, and emulation hardware, alongside building-block interface IP and digital signal processor architectures. The company also offers multiphysics analysis tools covering thermal, electromagnetic, fluid dynamics, and packaging simulations, as well as engineering design services. Its solutions primarily serve semiconductor manufacturers, electronic systems developers, and hyperscalers across consumer electronics, automotive, computing, communications, industrial, and life sciences markets.
The company operates globally through direct sales teams, application engineering personnel, international subsidiaries, and independent distributor or reseller channels across international markets, including Japan. Cadence distributes its software primarily via secure electronic delivery and cloud environments, while manufacturing its specialized hardware platforms through third-party subcontractors. The provided excerpt does not disclose the location of the corporate headquarters.
Summary of the business section of Cadence Design Systems's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CADENCE DESIGN SYSTEMS INC
- Founded
- 1988
- Headquarters
- San Jose, CA
- Address
- 2655 Seely Avenue Bldg 5 95134
- Phone
- (408) 943-1234
- Website
- www.cadence.com
- Employees
- 13,800, Dec 31, 2025
- Industry
- Services-Prepackaged Software
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, San Jose, California
Stock & identifiers
- Ticker
- CDNS
- Exchange
- Nasdaq
- Shares outstanding
- 275M, Jun 30, 2026
- Public float
- $83.97B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Nov 17, 1997; 3-for-2, Jun 3, 1996; 3-for-2, Oct 31, 1995
- SEC CIK
- 813672
- CUSIP
- 127387108
- ISIN
- US1273871087
- LEI
- GCT7RXJOGLXPV0NXZY22
- EIN
- 77-0148231
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Anirudh Devgan | President and CEO, Director | 247,201 |
| Paul Cunningham | Sr. Vice President | 120,612 |
| Paul Scannell | Sr. Vice President | 30,783 |
| Chin-Chi Teng | Sr. Vice President | 136,075 |
| John M. Wall | Sr. VP & CFO | 79,459 |
| Marc Taxay | SVP & General Counsel | 22,599 |
| Karna Nisewaner | SVP & General Counsel | 26,395 |
| Ita M. Brennan | Director | 7,824 |
| Vincentelli Alberto Sangiovanni | Director | 40,835 |
| Young Sohn | Director | 15,243 |
| James D. Plummer | Director | 26,384 |
| Moshe Gavrielov | Director | 1,819 |
| Mark Adams | Director | 13,641 |
| Mary L. Krakauer | Director | 4,993 |
| Julia Liuson | Director | 6,441 |
| Lewis Chew | Director | 9,131 |
| den hove Luc Van | Director | 979 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Dr.Devgan | $56.55M | $95.27M | $15.81M | $229 | $258 |
| FY2024 Dr.Devgan | $19.29M | $28.69M | $5.48M | $220 | $208 |
| FY2023 Dr.Devgan | $17.34M | $119.14M | $5.29M | $200 | $152 |
| FY2022 Dr.Devgan | $32.22M | $24.76M | $10.29M | $118 | $97 |
| FY2022 Mr.Tan | $0 | $0 | $10.29M | $118 | $97 |
| FY2021 Dr.Devgan | $21.74M | $39.82M | $5.19M | $137 | $135 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 13,800 employees.”
Corporate history
Events identified from SEC filings