{"schema_version":"secwatch.filing_event.v1","accession":"0000813672-25-000016","form_type":"8-K","ticker":"CDNS","cik":"0000813672","company_name":"CADENCE DESIGN SYSTEMS INC","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.411642+00:00","generated_at":"2026-05-26T18:12:13.409143+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cadence beats Q4 estimates, record backlog $6.8B, FY2025 guidance above consensus","bullets":["Q4 revenue $1.356B (+27% YoY); GAAP EPS $1.24; Non-GAAP EPS $1.88, above guidance.","FY2024 revenue $4.641B (+13.5% YoY); Non-GAAP operating margin 42.5%.","Record year-end backlog $6.8B; cRPO $3.4B.","FY2025 guidance: revenue $5.14-$5.22B, Non-GAAP EPS $6.65-$6.75, implying ~12% growth.","IP business grew 28% YoY in Q4; System Design & Analysis grew >40% in FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000813672-25-000016","json":"https://secwatch.observer/filing/0000813672-25-000016.json","markdown":"https://secwatch.observer/filing/0000813672-25-000016.md","text":"https://secwatch.observer/filing/0000813672-25-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/813672/000081367225000016/0000813672-25-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/813672/000081367225000016/cdns-20250218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T18:12:13.409143+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}