Cadence reports Q3 2026 financial results and raises outlook
Revenue reached $1.633 billion with a record $8.2 billion backlog. The company raised its full-year revenue growth outlook to 21% year-over-year.
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Computational software for electronic and intelligent system design
cadence.comLast updated
In short: Cadence reported $1.633 billion in Q3 revenue, raised its outlook, and expanded AI design deployments.
Revenue reached $1.633 billion with a record $8.2 billion backlog. The company raised its full-year revenue growth outlook to 21% year-over-year.
The agent transforms natural language into optimized RTL, accelerating design productivity while targeting power performance and area goals.
The event features CEO Dr. Anirudh Devgan and CFO John Wall on October 26 at 2:00 PM PT, with a recording available online.
The new agent automates spec-to-RTL creation and optimization, validated by Honda trials showing significant area and power reductions.
Cadence Design Systems reports Q3 2026 revenue of $1.63 billion, beats earnings estimates and raises its full-year revenue and adjusted EPS forecasts.
IT Home reported on October 27 that Cadence today released its report for the third quarter of fiscal year 2026 (January 2026 to December 2026) (July 2026 to September 2026)...
Cadence Design Systems on Monday launched a portfolio of AI models tuned to help design computer chips, deepening its open-source model work with Nvidia and...
On October 20, the 2026 Cadence China Simulation Conference opened in Shanghai. For most engineers working on structures, dynamics, and thermal management, the most noteworthy aspect of this conference was not any new version release, but an already realized fact: MSC Software is now part of Cadence. In June 2024, Cadence completed its acquisition of BETA CAE, bringing tools such as ANSA, META, FATIQ, and SPDRM for pre- and post-processing and fatigue analysis under its umbrella; in 2025, it announced the acquisition of Hex...
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