Electronic systems designer Cadence beats Q3 revenue estimates, raises annual rev outlook

Reuters
Oct 28, 2025
Electronic systems designer Cadence beats Q3 revenue estimates, raises annual rev outlook

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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