Craft

Cadence

Stock Price

$284.5

2024-10-29

Market Capitalization

$77.9 B

2024-10-29

Revenue

$5.3 B

FY, 2025

Cadence Summary

Company Summary

Overview
Cadence Design Systems is a company that provides electronic system design and computational software solutions. Its products include Tensilica AI, an AI processing platform for IoT and wearable devices; Virtuoso Studio, an application to design RF, mixed-signal, and photonics systems; Fidelity CFD Platform, a tool for design, optimization, simulation, physical testing, etc. The company offers chip design outsourcing, system integration, talent development, engineering, and technical support services. Cadence Design Systems caters to aerospace, automotive, defense, life science, consumer electronics, and other sectors.
Type
Public
Status
Active
Founded
1988
HQ
San Jose, CA, US | view all locations
Website
https://www.cadence.com/en_US/home.html
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Anirudh Devgan

    Anirudh Devgan, President and Chief Executive Officer, Director

  • John Wall

    John Wall, Senior Vice President and Chief Financial Officer

  • Tom Beckley

    Tom Beckley, Senior Vice President of Strategic Technology Programs

  • Paul Cunningham

    Paul Cunningham, Senior Vice President and General Manager, System Verification Group

Operating MetricsView all

Remaining Performance Obligations

$5.4B
1.8%

Q3, 2023

Facility Space Owned, sq. ft.

1.2M
21.5%

FY, 2022

LocationsView all

121 locations detected

  • San Jose, CA HQ

    United States

    2655 Seely Ave

  • Austin, TX

    United States

    12301 Research Blvd Building V - Suite 200

  • Boston, MA

    United States

    225 Friend St, Suite 201

  • Burlington, MA

    United States

    55 Blue Sky Drive, 2nd Floor

  • Campbell, CA

    United States

    33 N 1st St

  • Cary, NC

    United States

    11000 Regency Parkway Suite 401

and 115 others

Cadence Financials

Summary Financials

Revenue (Q1, 2026)
$1.5B
Net income (Q1, 2026)
$335.7M
Cash (Q1, 2026)
$1.4B
EBIT (Q1, 2026)
$431.3M
Enterprise value
$79.4B

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