---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-25-000046"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T05:25:43.435761+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cadence beats Q1 estimates, raises FY2025 outlook; revenue +23% YoY, non-GAAP EPS +34%

## Summary
- Q1 revenue $1.242B (+23% YoY), non-GAAP EPS $1.57 (+34% YoY), both above guidance.
- Raised FY2025 revenue outlook to $5.15B-$5.23B and non-GAAP EPS to $6.73-$6.83.
- Q2 guidance: revenue $1.25B-$1.27B, non-GAAP EPS $1.55-$1.61.
- Q1 share repurchases $350M; backlog $6.4B, cRPO $3.2B.
- Semiconductor IP revenue +40% YoY, System Design & Analysis +50% YoY.

## SEC filing metadata
- accession: 0000813672-25-000046
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2025-04-28T23:59:59+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/813672/000081367225000046/0000813672-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367225000046/cdns-20250428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-25-000046
- JSON: https://secwatch.observer/filing/0000813672-25-000046.json
- Plain text: https://secwatch.observer/filing/0000813672-25-000046.txt

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