NASDAQ$CDNS

Cadence Design Systems Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Cadence reported Q1 2025 total revenue of $1.24B with net income of $274M and diluted EPS of $1.00.

Total revenue was $1.24 billion for the quarter ended March 31, 2025, up year over year on electronic design automation and IP demand. Net income was $273.6 million, or $1.00 per diluted share, as operating margin expanded with software and hardware mix.

  • Q1 total revenue $1.24B.
  • Net income $274M; diluted EPS $1.00.
  • EDA and IP growth supported by advanced-node design activity.
  • AI-driven silicon complexity supports multi-year demand narrative.

Headline financials

Total Revenue

$1.24B

Previous: $1.01B+23.1%
EPS (adj)

$1.00

Previous: $0.91+9.9%
Remaining Performance Obligations

$6.4B

No prior period
Semiconductor IP Revenue Mix

14.0%

No prior period
System Design & Analysis Mix

15.0%

No prior period
Capital Expenditures

-$23.1M

Previous: -$49.6M+53.5%
Net Income

$274M

Previous: $248M+10.5%
Operating Income

$362M

Previous: $250M+44.6%

Revenue & EPS history

Cadence · Revenue · Quarterly

$1.24B

Q1 2025+23.1%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Cadence · $1.02B total across 2 segments · Q3 2023

  • Product & Maintenance
    $966M+14.2%
  • Services
    $57.3M+0.9%

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Execution on core metrics cited in MD&A.
  • Balance sheet liquidity and covenant headroom.
  • Strategic investments supporting long-term growth.

Headwinds

  • Macro demand and input-cost volatility.
  • Regulatory or competitive pressures.
  • One-time items affecting GAAP comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.0%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.1%

Avg return

30 days after

58%

38 / 66 earnings

Positive

+16.8%

Q3 2018

Best reaction

-10.7%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%+1.3%+10.8%
Q4 2025+3.1%-1.3%+0.2%
Q3 2025-2.9%-3.6%-12.8%
Q2 2025+0.3%-1.0%-1.6%
Q1 2025+5.8%+7.8%-0.4%
Q4 2024-8.8%-15.8%-12.7%
Q3 2024+10.6%+9.6%+18.4%
Q2 2024+1.1%-7.6%+1.6%
Q1 2024+0.5%+0.8%+4.5%
Q4 2023-5.6%-6.9%-1.8%
Q3 2023-0.5%-3.3%+13.3%
Q2 2023-1.9%-3.5%-3.8%
Q1 2023-4.3%-1.7%-4.4%
Q4 2022+8.3%+5.8%+10.4%
Q3 2022-4.4%-4.3%+5.8%
Q2 2022+1.8%+11.0%+9.1%
Q1 2022+2.3%+1.9%-2.0%
Q4 2021+4.4%+13.3%+20.1%
Q3 2021+3.7%+3.8%+10.0%
Q2 2021-1.6%+1.4%+8.9%
Q1 2021-6.6%-7.3%-10.7%
Q4 2020-5.1%+1.0%-9.1%
Q3 2020-2.7%-3.1%-4.0%
Q2 2020+3.3%+2.4%+8.3%
Q1 2020-5.2%+2.4%+12.0%
Q4 2019+4.7%+4.0%-17.5%
Q3 2019-4.1%-0.8%+3.2%
Q2 2019+1.9%+4.1%-4.4%
Q1 2019+5.3%+7.7%+2.1%
Q4 2018+4.7%+7.6%+20.0%
Q3 2018+16.8%+13.5%+7.4%
Q2 2018+0.8%+0.2%+1.4%
Q1 2018+8.3%+7.9%+14.3%
Q4 2017-4.0%-10.7%-10.7%
Q3 2017+2.0%+2.2%+8.0%
Q2 2017+4.7%+5.8%+6.7%
Q1 2017-2.9%-0.9%+4.2%
Q4 2016+11.1%+12.9%+19.5%
Q3 2016-0.8%-1.3%+3.0%
Q2 2016-6.9%-7.7%-3.3%
Q1 2016-0.9%
Q4 2015+6.1%
Q3 2015+1.7%
Q2 2015+8.5%
Q1 2015+2.3%
Q4 2014-5.6%
Q3 2014+0.5%
Q2 2014-1.2%
Q1 2014-0.4%
Q4 2013+2.1%
Q3 2013-10.7%
Q2 2013-4.5%
Q1 2013+8.3%
Q4 2012-0.8%
Q3 2012+2.5%
Q2 2012+7.0%
Q1 2012+5.3%
Q4 2011-0.7%
Q3 2011-0.7%
Q2 2011+6.9%
Q4 2009+2.1%
Q1 2011+1.1%
Q3 2010+0.1%
Q2 2010+0.3%
Q4 2010+0.3%
Q1 2010-0.1%

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