earnings
confidence high
sentiment positive
materiality 0.80
Cadence Q2 revenue $1.275B (+20% YoY); raises FY 2025 revenue & non-GAAP EPS guidance
CADENCE DESIGN SYSTEMS INC
2025-Q2 EPS
reported $1.59
vs consensus $1.59
▲ beat
(+0.3%)
- GAAP EPS $0.59 (incl. $140.6M DOJ/BIS settlement charge); Non-GAAP EPS $1.65, above guidance.
- FY 2025 revenue outlook raised to $5.21B-$5.27B; non-GAAP EPS raised to $6.85-$6.95.
- Q2 Core EDA revenue +16% YoY, IP +25%, System Design +35% YoY.
- Backlog $6.4B; cRPO $3.1B; operating cash flow $378M in Q2.
- Q3 2025 outlook: revenue $1.305B-$1.335B; non-GAAP EPS $1.75-$1.81.
item 2.02item 9.01