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.)