Cadence Design Systems (CDNS) 10-K Summaries & Annual Filing History
Review Cadence Design Systems, Inc. (CDNS) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Cadence Design Systems filed its annual 10-K for the period ended December 31, 2025. The filing describes the company's business, risk factors, management discussion, and liquidity considerations.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.3B
Revenue reported for the fiscal year.
Operating income
$1.5B
Income from operations reported for the year.
Net income
$1.1B
Net income reported for the year.
Operating cash flow
$1.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $3.6B | +19.2% |
| Dec 31, 2023 | $4.1B | +14.8% |
| Dec 31, 2024 | $4.6B | +13.5% |
| Dec 31, 2025 | $5.3B | +14.1% |
Business overview
Cadence is a global technology leader that develops computational, AI-driven software, accelerated hardware, and silicon intellectual property products. Its customers include semiconductor and systems companies that design integrated circuits and electromechanical systems. The company's mission is to empower innovative companies to deliver electronic products that improve everyday life.
Financial performance
Revenue increased over each of the last three reported periods, with a similar positive trend in the most recent year. Operating income, net income, and operating cash flow were reported for the current period, indicating the company generated substantial earnings and cash from operations.
Material risks
The filing includes a section on risk factors but does not specify any particular risks in the provided context. Forward-looking statements are subject to various uncertainties, and the filing urges consideration of risks discussed in SEC filings. No specific material risks are identified in the supplied text beyond general cautionary language.
Liquidity and capital
The filing references liquidity and capital resources sections but does not provide specific details in the supplied context. No capital allocation themes, such as share repurchases or debt management, are described in the available information.
What to watch
Monitor any further updates to the risk factors or business strategy sections in the next filing, as the current filing does not elaborate on specific risks.