Cadence reports second quarter 2026 financial results
Revenue of $1.584 billion, record backlog of $8.1 billion, and raised 2026 outlook.
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Electronic design automation and intelligent system design software
cadence.comLast updated
In short: Cadence reported record financial results for 2026 and raised its outlook, driven by strong demand for its new AI-driven design tools.
Revenue of $1.584 billion, record backlog of $8.1 billion, and raised 2026 outlook.
Running on Allegro AI Studio, it delivers up to 2X faster time to market, 15X higher productivity, and multiphysics-driven quality.
Alberto Sangiovanni-Vincentelli's five-decade impact includes pioneering EDA and co-founding Cadence.
The multi-year agreement focuses on DTCO, IP readiness, and design enablement for HPC and mobile designs.
Cadence raised its annual revenue and earnings expectations as demand strengthened for AI-powered semiconductor-design software.
Cadence Design Systems posted stronger-than-expected second-quarter results on July 27 and raised its full-year revenue growth outlook to 19%, citing broad demand for its AI-driven...
Cadence has announced that its AI-driven digital and custom reference flows, tools, and solutions are now Intel 18A-P & 14A certified.
Electronic design automation company Cadence Design Systems (NASDAQ:CDNS) beat Wall Street’s revenue...
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