earnings
confidence high
sentiment positive
materiality 0.85
Cadence Q3 revenue $1.34B (+10% YoY), backlog record $7B; raises FY growth ~14%
CADENCE DESIGN SYSTEMS INC
2025-Q3 EPS
reported $2.64
vs consensus $1.82
▲ beat
(+44.8%)
- Q3 revenue $1.339B vs $1.215B in Q3 2024; GAAP EPS $1.05 (up from $0.87); non-GAAP EPS $1.93 (up from $1.64).
- Record Q3 backlog of $7.0B; revenue expected in next 12 months from RPO was $3.5B.
- FY 2025 revenue outlook raised to $5.262-$5.292B (~14% YoY growth); non-GAAP EPS raised to $7.02-$7.08.
- Completed acquisition of Arm Artisan IP; signed agreement to acquire Hexagon's D&E business.
- Q3 GAAP operating margin 31.8% vs 28.8% in Q3 2024; non-GAAP operating margin 47.6% vs 44.8%.