secwatch.observer — SEC 8-K summary
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Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0000813672-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadence FY25 rev $5.30B (+14%), backlog record $7.8B; guides FY26 rev ~$5.95B
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- FY25 revenue $5.297B (+14% YoY); non-GAAP EPS $7.14 (+20% YoY).
- Q4 revenue $1.440B; non-GAAP EPS $1.99 vs $1.88 a year ago.
- Backlog reached record $7.8B; ~$3.8B expected in next 12 months.
- FY26 revenue guidance $5.9B-$6.0B; non-GAAP EPS guidance $8.05-$8.15.
- Core EDA grew 13% in 2025; IP business grew nearly 25% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000013/0000813672-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000013/cdns-20260217.htm
  HTML page:      https://secwatch.observer/filing/0000813672-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer