Filing Flows

Filing Flows › Cadence Design Systems (CDNS) › Q3 2026

Cadence Design Systems (CDNS) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 28, 2026

Cadence Design Systems (CDNS) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +22% from a year earlier and +3% from the quarter before. Operating margin was 26.2%, net earnings $290M (17.7% of revenue).

Revenue$1.6B
Year over year+22%
Quarter over quarter+3%
Operating margin26.2%
Net earnings$290M

Cadence Design Systems, Q3 2026: revenue $1.6B (+22% year over year), operating margin 26.2%, net earnings $290M, operating cash flow $424M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.6B+3%+22%
Operating profit$429M-5%+0.8%
Net earnings$290M-21%+0.9%
Operating cash flow$424M-33%+36%
Free cash flow$362M-38%+31%

What changed

Revenue was $1.6B in Q3 2026, up 22% year over year and up 3% from the previous quarter. Product and maintenance was the largest line at 91% of revenue. Product and maintenance added $0.28B year over year (up 23%), 95% of the total change.

Operating profit was $0.43B, a 26.2% margin (down 5.5 points year over year). Of the extra revenue versus Q3 2025, 1% reached operating profit, below the 32% margin then. Total costs grew 32% against revenue growth of 22%. The fastest-growing cost line was General & admin (+45%). Net earnings were $0.29B, up 1% year over year. The effective tax rate was 29.0%.

Operating cash flow was $0.42B (up 36% year over year), 146% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.06B left free cash flow of $0.36B.

Questions

What was Cadence Design Systems' revenue in the third quarter 2026?

Cadence Design Systems (CDNS) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +22% from a year earlier and +3% from the quarter before.

Was Cadence Design Systems profitable in the third quarter 2026?

Operating profit was $429M (26.2% of revenue) and net earnings $290M.

Open the interactive Sankey →

Source: Cadence Design Systems 10-Q on SEC EDGAR.