Filing Flows › Cadence Design Systems (CDNS) › Q2 2026
Cadence Design Systems (CDNS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Cadence Design Systems (CDNS) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +24% from a year earlier and +7% from the quarter before. Operating margin was 28.4%, net earnings $367M (23.2% of revenue).
Cadence Design Systems, Q2 2026: revenue $1.6B (+24% year over year), operating margin 28.4%, net earnings $367M, operating cash flow $635M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +7% | +24% |
| Operating profit | $450M | +4% | +86% |
| Net earnings | $367M | +9% | +129% |
| Operating cash flow | $635M | +78% | +68% |
| Free cash flow | $582M | +90% | +75% |
What changed
Revenue was $1.6B in Q2 2026, up 24% year over year and up 7% from the previous quarter. Product and maintenance was the largest line at 90% of revenue. Product and maintenance added $0.26B year over year (up 22%), 84% of the total change.
Operating profit was $0.45B, a 28.4% margin (up 9.5 points year over year). Of the extra revenue versus Q2 2025, 67% reached operating profit, above the 19% margin then. Total costs grew 10% against revenue growth of 24%. The fastest-growing cost line was General & admin (+28%). Net earnings were $0.37B, up 129% year over year. The effective tax rate was 28.1%.
Operating cash flow was $0.63B (up 68% year over year), 173% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.15B of share-based compensation. Capital expenditures of $0.05B left free cash flow of $0.58B.
Questions
What was Cadence Design Systems' revenue in the second quarter 2026?
Cadence Design Systems (CDNS) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +24% from a year earlier and +7% from the quarter before.
Was Cadence Design Systems profitable in the second quarter 2026?
Operating profit was $450M (28.4% of revenue) and net earnings $367M.