secwatch.observer — SEC 8-K summary
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Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2026-07-27T20:03:05+00:00
Accession:  0000813672-26-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000089/0000813672-26-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000089/cdns-20260727.htm
  HTML page:      https://secwatch.observer/filing/0000813672-26-000089

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