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Cadence Design Systems Inc (CDNS) company profile

CDNSNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 16/3039% above fair value
$323.01−10.31 (-3.09%)

Close on Nov 13, 2026Market cap $88.63BP/E 64.2Yield –

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
IPO date
Jun 10, 1987
Shares outstanding
274M, Sep 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
FIGI
BBG000C13CD9
Share class FIGI
BBG001S65YK1
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 ScannellSr. Vice President27,763
Paul CunninghamSr. Vice President119,612
Chin-Chi TengSr. Vice President136,075
John M. WallSr. VP & CFO79,459
Marc TaxaySVP & General Counsel22,599
Karna NisewanerSVP & General Counsel26,395
Lewis ChewDirector8,381
James D. PlummerDirector25,384
Vincentelli Alberto SangiovanniDirector39,544
Ita M. BrennanDirector7,824
Young SohnDirector15,243
Moshe GavrielovDirector1,819
Mary L. KrakauerDirector4,993
Julia LiusonDirector6,441
Mark AdamsDirector13,641
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$56.55M$95.27M$15.81M$229$258
FY2024$19.29M$28.69M$5.48M$220$208
FY2023$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$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.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Anirudh Devgan
President and Chief Executive Officer
$800.00K$54.41M$1.46M$14.77K$56.68M+194%
John M. Wall
Senior Vice President and Chief Financial Officer
$600.00K$15.74M$769.61K$13.44K$17.12M+174%
Paul Scannell
Senior Vice President, Customer Success Team
$525.00K$14.49M$672.92K$10.61K$15.70M+204%
Paul Cunningham
Senior Vice President, GM, System Verification Group
$500.00K$14.07M$623.90K$12.18K$15.21M+186%
Chin-Chi Teng
Senior Vice President, GM, Digital & Signoff Group
$500.00K$14.07M$599.35K$15.13K$15.19M+186%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 13,800 employees.”

Corporate history

Events identified from SEC filings

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