Electronic systems designer Cadence beats Q3 revenue estimates, raises annual rev outlook

Cadence Design Systems

27/10/2025 20:11

Overview

Cadence Q3 2025 revenue of $1.339 bln beats analyst expectations

Adjusted EPS for Q3 2025 beats consensus

Company raises 2025 revenue outlook to ~14% growth YoY

Outlook

Cadence raises 2025 revenue outlook to ~14% growth YoY

Company expects 2025 revenue between $5.262 bln and $5.292 bln

Cadence sees 2025 non-GAAP EPS between $7.02 and $7.08

Result Drivers

RECORD BACKLOG - Cadence reported a qtr-end backlog of $7.0 bln, indicating strong demand and future revenue potential

IP DEMAND - Strong momentum in IP business driven by global demand and customer proliferation of Cadence's expanding IP portfolio

ACQUISITIONS - Completed acquisition of Arm Artisan foundation IP and pending acquisition of Hexagon's D&E business to enhance portfolio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.34 bln
$1.32 bln (16 Analysts)
Q3 Adjusted EPS
Beat
$1.93
$1.78 (15 Analysts)
Q3 EPS
$1.05


Press Release: ID:nBw47q9nYa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)