{"schema_version":"secwatch.filing_event.v1","accession":"0000813672-26-000044","form_type":"8-K","ticker":"CDNS","cik":"0000813672","company_name":"CADENCE DESIGN SYSTEMS INC","filed_at":"2026-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.780254+00:00","generated_at":"2026-05-15T04:08:32.682694+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cadence Q1 revenue $1.474B (+19% YoY), EPS beat; raises FY2026 guidance to ~17% growth","bullets":["Q1 revenue $1.474B (up 19% YoY); GAAP EPS $1.23, Non-GAAP EPS $1.96; both above prior guidance.","Record backlog $8.0B; revenue expected to be recognized in next 12 months from RPO was $4.0B.","FY2026 revenue outlook raised to $6.125-6.225B (from $5.9-6.0B), now expecting ~17% YoY growth.","Launched AgentStack AI orchestration platform; Core EDA revenue up 18% YoY; IP revenue up 22% YoY.","Q2 2026 guidance: revenue $1.555-1.595B, Non-GAAP EPS $2.02-2.08; plans ~$200M share repurchase in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0000813672-26-000044","json":"https://secwatch.observer/filing/0000813672-26-000044.json","markdown":"https://secwatch.observer/filing/0000813672-26-000044.md","text":"https://secwatch.observer/filing/0000813672-26-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/813672/000081367226000044/0000813672-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/813672/000081367226000044/cdns-20260427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:08:32.682694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4731c0b55c1a87ea6a6be9f4f81a06695d43e574","claim":"CADENCE DESIGN SYSTEMS INC reported First quarter 2026 ended March 31, 2026 results: revenue $1.474 billion, EPS $1.23 GAAP diluted net income per share, $1.96 non-GAAP diluted net income per share. Guidance raised.","evidence_excerpt":"YoY Growth SAN JOSE, Calif. — April 27, 2026 — Cadence (Nasdaq: CDNS) today announced results for the first quarter of 2026. First Quarter 2026 Financial Results • Revenue of $1.474 billion, compared to revenue of $1.242 billion in Q1 2025 • GAAP operating margin of 29.3%, compared to 29.1% in Q1 2025 • Non-GAAP operating margin of 44.7%, compared to 41.7% in Q1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/813672/000081367226000044/0000813672-26-000044-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter 2026 ended March 31, 2026"},{"label":"Revenue","value":"$1.474 billion"},{"label":"EPS","value":"$1.23 GAAP diluted net income per share, $1.96 non-GAAP diluted net income per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}