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Cadence Design Systems Inc
XMUN:CDS

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Cadence Design Systems Inc
XMUN:CDS
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Cadence Design Systems Inc
Investor Relations

Cadence Design Systems Inc verkauft Software und Intellectual Property, die Chip-Hersteller zur Entwicklung, Prüfung und Verifikation von Halbleitern und elektronischen Systemen nutzen, bevor diese gefertigt werden. Seine Werkzeuge helfen Ingenieuren, Schaltkreise zu modellieren, Fehler zu erkennen, die Leistungsfähigkeit zu simulieren und Designs für die Fertigung vorzubereiten. Die Produkte des Unternehmens stehen am Anfang der Halbleiterlieferkette, wo Fehler teuer sind und später nur schwer zu beheben. Die Hauptkunden sind Halbleiterunternehmen, Elektronikentwickler und große Technologieunternehmen, die Chips für Telefone, Computer, Rechenzentren, Automobile und Industrieanlagen herstellen. Cadence erzielt seine Erlöse hauptsächlich durch die Lizenzierung seiner Design-Software sowie durch den Verkauf von Support, Updates und wiederverwendbaren Designbausteinen, den so genannten IP. Kunden zahlen dafür, weil diese Werkzeuge tief in komplexe Entwicklungsabläufe integriert sind und für jede neue Chip- oder Produktgeneration erneut benötigt werden. Was Cadence unterscheidet, ist, dass das Unternehmen selbst keine Chips fertigt; es stellt die Software- und IP-Schicht dar, auf die Chip-Designer vertrauen, um Produkte auf den Markt zu bringen. Das verleiht ihm eine zentrale Rolle in einer hoch technischen Branche, in der Genauigkeit, Geschwindigkeit und Kompatibilität entscheidend sind. Sind seine Werkzeuge erst in den Entwicklungsprozess eines Kunden eingebunden, bleiben sie dort in der Regel langfristig erhalten.

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Letzter Earnings Call
Geschäftsperiode
Q1 2026
Datum des Calls
27. Apr 2026
KI-Zusammenfassung
Q1 2026

Strong quarter: Cadence said Q1 was one of the best in company history, with 19% year-over-year revenue growth, strong bookings, and record backlog of $8 billion.

Outlook raised: Management raised full-year 2026 revenue growth outlook to 17% and said the company expects to reach the Rule of 60 for the first time.

AI momentum: Executives said accelerating AI demand is driving both core EDA usage and new agentic AI products, which they believe can expand the long-term market.

Hexagon impact: The updated 2026 outlook includes the Hexagon design and engineering business, which management said is dilutive in 2026 because of integration and financing effects but expected to be accretive in 2027.

Broad-based strength: IP, EDA, system design and analysis, and hardware all showed strong demand, with particular strength in AI, HPC, automotive, robotics, and 3D-IC.

Cash and buybacks: Cadence generated $356 million of operating cash flow in Q1, ended with $1.407 billion of cash, and repurchased $200 million of stock.

Wichtige Finanzkennzahlen
Revenue
$1.474 billion
Operating margin
45%
EPS
$1.23
Backlog
$8 billion
Operating cash flow
$356 million
Cash balance
$1.407 billion
Debt outstanding
$2.925 billion
Share repurchases
$200 million
Q1 revenue growth
19%
IP revenue growth
22%
Core EDA revenue growth
18%
System Design and Analysis revenue growth
18%
China revenue share
13%
Hexagon revenue contribution
$20 million
Hexagon EPS dilution
$0.28
Q2 revenue
$1.555 billion to $1.595 billion
Q2 non-GAAP EPS
$2.02 to $2.08
Aufzeichnung des Earnings Calls
Weitere Earnings Calls

Geschäftsleitung

Dr. Anirudh Devgan Ph.D.
CEO, President & Director

Dr. Anirudh Devgan is a prominent figure in the field of electronic design automation (EDA), currently serving as the President and CEO of Cadence Design Systems, Inc., a leading company in computational software. He assumed the role of President in 2017 and became CEO in December 2021. Dr. Devgan's extensive knowledge and innovative contributions have significantly guided Cadence in expanding its technology offerings and maintaining its leadership position within the EDA industry. Prior to joining Cadence in 2012, Dr. Devgan amassed considerable experience in the industry through leadership roles at Magma Design Automation and IBM. His technical expertise encompasses a wide range of areas, including integrated circuit (IC) design, simulation, and verification. Dr. Devgan holds a Ph.D. in Electrical and Computer Engineering, and over the years, he has published numerous papers and holds several patents in EDA. His work emphasizes the importance of computational software tools in advancing modern electronics, contributing significantly to the development of cutting-edge technologies. Under his leadership, Cadence has strengthened its core EDA technologies while also expanding into adjacent fields such as computational fluid dynamics, AI-driven system design, and more. Dr. Devgan's strategic vision and emphasis on innovation continue to foster growth and transformation within Cadence, reflecting his status as a respected leader in the tech industry.

Mr. John M. Wall
Senior VP & CFO

John M. Wall serves as Senior Vice President and Chief Financial Officer (CFO) at Cadence Design Systems, Inc. In his role, he oversees the company’s financial operations, including financial planning, reporting, accounting, tax, treasury, and investor relations. Wall has been instrumental in driving Cadence’s growth strategies, with a commitment to financial integrity and operational excellence. He joined Cadence in 1997 and has served in various leadership roles within the finance organization, including as Corporate Vice President of Finance and before becoming CFO. Wall’s deep industry knowledge and experience have contributed significantly to the company’s success in the semiconductor and electronics industries. His leadership is also characterized by his ability to foster innovation and growth, ensuring that Cadence maintains its competitive edge in a fast-evolving market. This has allowed the company to deliver strong financial performances while continuing to expand its influence in new technological advancements. John M. Wall's contributions are highly valued by Cadence Design Systems, where he combines strategic financial oversight with a forward-thinking vision to propel the company forward.

Mr. Aneel Zaman
Senior VP & Chief Revenue Officer

Aneel Zaman is a key executive at Cadence Design Systems, Inc., a leading company in electronic design automation and intelligent system design technologies. Serving as the Senior Vice President of Worldwide Field Operations, Zaman plays a crucial role in overseeing global sales and field engineering activities for the company. With his leadership, Cadence focuses on driving customer success and expanding market reach, effectively aligning with the company's strategic goals. Known for his deep industry knowledge and strategic acumen, Zaman has been significant in fostering relationships with key customers and partners worldwide, ensuring that Cadence delivers innovative solutions that align with evolving market demands. His expertise in sales strategy, customer engagement, and operational excellence has been instrumental in Cadence's continued growth and success in the highly competitive tech industry. Before his current role, Aneel Zaman held various positions at Cadence, where he significantly contributed to the company's trajectory and reputation as a leader in its field.

Dr. Chin-Chi Teng Ph.D.
Senior VP and GM of the Digital & Signoff Group

Dr. Chin-Chi Teng is a notable figure in the field of technology, particularly known for his leadership role at Cadence Design Systems, Inc., where he has significantly contributed to the company’s growth and innovation in electronic design automation (EDA). Dr. Teng holds a Ph.D. and brings a wealth of expertise and experience to his role. At Cadence, Dr. Teng has been involved in driving advancements in design systems that facilitate the creation and development of complex electronic systems and semiconductors. His efforts have been instrumental in enhancing the capabilities of Cadence’s software solutions, which are widely used in the design and verification of integrated circuits and electronic systems. Dr. Teng is respected for his deep technical knowledge and his ability to lead teams towards achieving strategic objectives that meet the evolving needs of the technology industry. His work supports Cadence’s mission to enable electronic design innovation and deliver cutting-edge solutions to its clients. Dr. Teng's contributions have not only helped in maintaining Cadence's reputation as a leader in the EDA industry but also in pushing the boundaries of what is possible in electronic design and automation.

Dr. Paul Cunningham Ph.D.
Senior VP & GM of the System and Verification Group

Dr. Paul Cunningham is a senior vice president and general manager at Cadence Design Systems, Inc., a prominent company in the electronic design automation (EDA) industry. He leads the company's System & Verification Group, focusing on developing and enhancing cutting-edge verification technologies. With a rich background in EDA and a deep understanding of complex verification challenges, Dr. Cunningham plays a crucial role in advancing Cadence's verification solutions to meet the evolving needs of semiconductor and system companies. His leadership is instrumental in driving innovation and maintaining Cadence's position as a leader in the field of electronic design. Dr. Cunningham holds a Ph.D. in Computer Science, which underpins his technical expertise and strategic vision in the industry.

Mr. Ariel Sella
Co-Founder
Keine Biografie verfügbar
Mr. James Haddad
Corporate VP of Corporate Finance & Treasurer

James Haddad is an executive at Cadence Design Systems, Inc., a leading company in electronic design automation and engineering services. As an experienced leader within the company, Haddad plays a significant role in driving the company's strategic initiatives, particularly in the areas of software development and digital transformation. Cadence provides cutting-edge solutions for designing complex integrated circuits, and Haddad's expertise contributes to advancing the company's mission to innovate in the electronics industry. His work encompasses overseeing projects that involve collaborating with technology teams to enhance product offerings, streamline operations, and maintain Cadence's competitive edge in the marketplace.

Mr. Tarak Ray
Chief Information Officer & Corporate VP

Sukanta Tarak Ray is an executive officer at Cadence Design Systems, Inc. He holds the position of Corporate Vice President and Global Head of Customer Engineering and Support. In this role, Mr. Ray oversees the engineering support functions globally, ensuring that customers receive the technical support and guidance needed to successfully use Cadence's software solutions. Mr. Ray has been with Cadence for many years, contributing his expertise in electronics design automation (EDA) to the company. His extensive experience in the semiconductor and EDA industries equips him to understand the complex challenges customers face and to provide strategic oversight in addressing these challenges. Throughout his career, Mr. Ray has been recognized for his leadership capabilities and his commitment to fostering innovation in engineering support services. His work at Cadence Design Systems has been pivotal in enhancing the company's relationship with its clients by ensuring high-quality service and support.

Mr. Richard Gu
Vice President of Investor Relations

As of the most recent information, Richard Gu is linked with Cadence Design Systems, Inc., a major player in electronic design automation. Richard Gu holds the role of Corporate Vice President of Enterprise Risk Management, Audit, and Controls. In this capacity, he is tasked with managing and overseeing the company’s enterprise risk management framework, internal auditing processes, and control mechanisms to ensure efficient governance and risk mitigation. He joined Cadence in 2008 and has played a significant role in ensuring the company adheres to its compliance standards and operational efficiency. He is renowned for his strong analytical skills and strategic insights, which have been crucial in driving the company’s successful risk management initiatives. Richard Gu's educational background includes degrees in business and finance, which have equipped him with the expertise required for his roles in enterprise risk and auditing.

Ms. Karna Nisewaner J.D.
Senior VP, General Counsel & Corporate Secretary

Karna Nisewaner, J.D., serves as an executive at Cadence Design Systems, Inc., holding the position of Senior Vice President, General Counsel, and Corporate Secretary. She plays a vital role in overseeing the company's legal affairs and providing strategic guidance on legal matters. Her responsibilities include managing corporate governance, intellectual property, compliance, and regulatory affairs. Ms. Nisewaner's background in law is robust, with a Juris Doctor degree that underpins her expertise in legal and corporate governance issues. Before her tenure at Cadence, she gained significant experience working in various legal capacities, which has equipped her with the insights and skills necessary to navigate complex legal challenges in the tech industry. Throughout her career, Ms. Nisewaner has been recognized for her leadership and her ability to align legal strategy with business goals, making significant contributions to Cadence Design Systems' growth and operation. Her role is crucial in ensuring that the company adheres to legal standards while pursuing its strategic objectives.

Kontakt

Adresse
CALIFORNIA
San Jose
2655 Seely Ave
Kontakt
+14089431234.0
www.cadence.com
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