Cadence Design Systems, Inc.

Cadence Design Systems, Inc. reported strong financial results for fiscal year 2025, ending December 31, 2025. The company achieved total revenue of $5.30 billion, generating operating income of $1.49 billion and net income of $1.11 billion. Key profitability drivers included robust revenue growth and disciplined expense management, with total costs and expenses of $3.80 billion. The company demonstrated strong cash generation with $1.73 billion in net cash provided by operating activities, though this was partially offset by significant investing and financing activities including $429.5 million in business acquisitions and $925.0 million in stock repurchases. The company ended the year with $882.3 million in cash and cash equivalents, representing a $357.3 million increase from the prior year. Earnings per share were $4.00 on both basic and diluted bases.

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