CDNS
Information Technology

Cadence Design Systems, Inc.

CDNS
Since

Headquarters:

CA, United States

Exchange:

NASDAQ

Industry:

Software—Application

Number of Employees:

12.70K

Current Fiscal Year:

2024

Market Cap:

81.66B

Price per Share:

$297.74

Quarterly Dividend per Share:

Year-to-date Performance:
0.0269%
Dividend Yield:
%
Price-to-book Ratio:
17.89
Trailing P/E Ratio:
78.58

Price History

Latest Prices

DateOpenHighLowClose
2025-04-30294.51299.98293.85297.74
2025-04-29289.64303.6289.64302.22
2025-04-28288.02289.41281.7285.74
2025-04-25279.99290.5279.4457289.63
2025-04-24270.305283270281.78

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Financial Performance

2024 Revenue:4.35B

Detailed view of quarterly revenue

2024 Net Income:1.04B

Detailed view of quarterly net income

2024 Free Cash Flow:952.07M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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