StockData
CDNSNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

CADENCE DESIGN SYSTEMS INC

Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$325.86+6.35 (+1.99%)

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
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

NamePositionShares owned
Anirudh DevganPresident and CEO, Director247,201
Paul CunninghamSr. Vice President120,612
Paul ScannellSr. Vice President30,783
Chin-Chi TengSr. Vice President136,075
John M. WallSr. VP & CFO79,459
Marc TaxaySVP & General Counsel22,599
Karna NisewanerSVP & General Counsel26,395
Ita M. BrennanDirector7,824
Vincentelli Alberto SangiovanniDirector40,835
Young SohnDirector15,243
James D. PlummerDirector26,384
Moshe GavrielovDirector1,819
Mark AdamsDirector13,641
Mary L. KrakauerDirector4,993
Julia LiusonDirector6,441
Lewis ChewDirector9,131
den hove Luc VanDirector979

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer 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