$CDNS: Cadence Reports Q3 2026 Revenue of $1.63B, Raises FY26 Outlook to 21%

$CDNS

$CDNS � Cadence Reports Q3 2026 Revenue of $1.63B, Raises FY26 Outlook to 21% Growth and $8.40 Non-GAAP EPS

CADENCE DESIGN SYSTEMS INC

2026-10-26 00:00:00 UTC � SEC_8K � All $CDNS

?? Positive AI Sentiment (+6.8 / 10)

• Q3 revenue grew 22% YoY to $1.633B; non-GAAP diluted EPS reached $2.11 vs. $1.93 prior year. • FY26 revenue growth forecast raised to 21% with non-GAAP EPS guided to $8.40. • Backlog reached record $8.2B, with recurring revenue up 18% YoY.

Observed market reaction after signal

Peak +3.75%