Cadence reported FY 2025 total revenue of USD 5.30 billion, up 14% year over year, including product and maintenance revenue of USD 4.82 billion (+14%) and services revenue of USD 475.20 million (+11%). Operating margin was 28% in FY 2025 versus 29% in FY 2024. Cash provided by operating activities rose to USD 1.73 billion in FY 2025 from USD 1.26 billion in FY 2024, while cash and cash equivalents increased to USD 3.00 billion at December 31, 2025 (from USD 2.64 billion a year earlier). FY 2025 interest expense was USD 116.50 million (FY 2024: USD 76.00 million). Cadence recorded a USD 128.50 million charge related to contingent liability tied to settlements with the U.S. BIS and DOJ, and paid aggregate net penalties and forfeitures of USD 140.60 million during FY 2025. Cadence highlighted continued growth across software, hardware and IP offerings, with FY 2025 revenue mix of 80% recurring and 20% up-front. The company completed multiple FY 2025 acquisitions, including VLAB Works, Arm’s Artisan foundation IP business, and Secure-IC, following the FY 2024 acquisition of BETA CAE; it also announced a definitive agreement (signed September 4, 2025) to acquire Hexagon’s Design & Engineering business for approximately EUR 2.70 billion, with closing expected in Q1 2026. Cadence also said it initiated a restructuring plan in September 2025 and noted export-control developments affecting China, including a temporary BIS license requirement that was later rescinded and a July 2025 settlement related to export control violations from 2015–2021.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadence Design Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000813672-26-000016), on February 19, 2026, and is solely responsible for the information contained therein.