By Janet H. Cho

Computational software company Cadence Design Systems beat Wall Street's fourth-quarter and full-year expectations.

Fourth-quarter adjusted earnings of $1.99 a share on revenue of $1.44 billion both beat analysts' forecasts for adjusted earnings of $1.91 a share on sales of $1.42 billion, according to FactSet.

The previous fourth quarter, Cadence reported adjusted earnings of $1.88 a share on sales of $1.36 billion.

For the full fiscal year 2025, Cadence posted adjusted earnings of $7.14 a share on revenue of $5.30 billion. Analysts were projecting adjusted earnings of $7.06 a share on revenue of $5.28 billion.

Cadence's shares were rising 4.6% late Tuesday, after closing down 5.3% at $288.46 in regular trading. The stock is down 9.3% so far this year, and down about 4% over the past 12 months.

Company management, including President and CEO Dr. Anirudh Devgan and Senior Vice President and CFO John Wall, will discuss financial results at a conference call at 5 p.m. Eastern time on Tuesday.

Write to Janet H. Cho at janet.cho@dowjones.com

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February 17, 2026 16:29 ET (21:29 GMT)

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