---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-22-000036"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:22:57.999588+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cadence Q2 revenue $858M (+18% YoY), GAAP EPS $0.68; raises FY2022 guidance

## Summary
- Revenue $858M vs $728M YoY; GAAP operating margin 33% vs 25%.
- Non-GAAP EPS $1.08 (beat $0.86); GAAP EPS $0.68 vs $0.56.
- FY2022 revenue guidance raised to $3.47B-$3.51B; non-GAAP EPS to $4.06-$4.12 (23-25% YoY growth).
- Q3 2022 outlook: revenue $860-$880M, non-GAAP EPS $0.94-$0.98.
- Pending OpenEye Scientific acquisition; plans ~$900M share repurchases in FY2022.

## SEC filing metadata
- accession: 0000813672-22-000036
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367222000036/0000813672-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367222000036/cdns-20220725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-22-000036
- JSON: https://secwatch.observer/filing/0000813672-22-000036.json
- Plain text: https://secwatch.observer/filing/0000813672-22-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.