Cadence posts $1.584B Q2 revenue and raises 2026 outlook
Cadence Design Systems reported Q2 2026 revenue of $1.584B, up from $1.275B a year earlier, and raised its full-year guidance to $6.26B–$6.34B in revenue.
Cadence Design Systems reported Q2 2026 revenue of $1.584B, up from $1.275B a year earlier, and raised its full-year guidance to $6.26B–$6.34B in revenue. (Business Wire (Cadence press release))
Backlog was $8.1B at quarter end. Non-GAAP diluted EPS was $2.11, compared with $1.65 a year earlier. Full-year non-GAAP EPS guidance is $8.05–$8.15. (Business Wire (Cadence press release))