---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-26-000089"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2026-07-27T20:03:05+00:00"
generated_at: "2026-07-27T20:04:08.256331+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cadence Q2 revenue $1.58B beats; raises FY2026 revenue outlook to 19% growth, non-GAAP EPS to $8.10

## Summary
- Q2 revenue $1.584B (+24% YoY); GAAP EPS $1.33, non-GAAP EPS $2.11; record backlog $8.1B.
- FY2026 revenue guidance raised to $6.26-6.34B (19% YoY growth); non-GAAP EPS raised to $8.05-8.15; operating cash flow ~$2B.
- Q3 2026 guidance: revenue $1.595-1.625B, non-GAAP EPS $2.01-2.07; plans ~$200M share repurchase.
- IP revenue grew >40% YoY; Core EDA revenue +18% YoY; System Design & Analysis +37% YoY.
- Launched AuraStack AI Super Agent for advanced packaging/PCB; strong early traction for AI Super Agents portfolio.

## SEC filing metadata
- accession: 0000813672-26-000089
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2026-07-27T20:03:05+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/813672/000081367226000089/0000813672-26-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367226000089/cdns-20260727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-26-000089
- JSON: https://secwatch.observer/filing/0000813672-26-000089.json
- Plain text: https://secwatch.observer/filing/0000813672-26-000089.txt

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