---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-25-000108"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2025-07-28T23:59:59+00:00"
generated_at: "2026-05-18T00:40:13.597520+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cadence Q2 revenue $1.275B (+20% YoY); raises FY 2025 revenue & non-GAAP EPS guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0000813672-25-000108
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2025-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367225000108/0000813672-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367225000108/cdns-20250728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-25-000108
- JSON: https://secwatch.observer/filing/0000813672-25-000108.json
- Plain text: https://secwatch.observer/filing/0000813672-25-000108.txt

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