Latest Earnings Results: Q2 '26
Estimated EPS
$2.05
Reported EPS
$2.11
Surprise
+2.75%
Estimated Rev
$1.58B
Reported Rev
$1.58B
Surprise
+0.48%
• Reported GAAP EPS of $1.34 up 127.12% YoY • Reported revenue of $1.58B up 24.23% YoY • Cadence Design Systems, Inc. expects Q3 2026 revenue of $1.595 billion to $1.625 billion and full-year 2026 revenue of $6.260 billion to $6.340 billion, with non-GAAP EPS of $8.05 to $8.15.
Bullish Takeaway
Cadence Design Systems, Inc. delivered strong performance by exceeding Q2 guidance, achieving a record $8.1 billion backlog, and raising its full-year 2026 revenue growth and non-GAAP EPS outlooks.
Bearish Takeaway
Cadence Design Systems, Inc. reported compressed GAAP operating and gross margins while navigating ongoing regulatory settlement obligations that represent structural risks to the company's future operations and business dealings.
Generated by Stocktwits using AI and company-reported earnings data for Q2 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q3 '26 | $2.04 | -- | -- | N/A |
Q2 '26 | $2.05 | $2.11 | 2.75% | BEAT |
Q1 '26 | $1.88 | $1.96 | 4.19% | BEAT |
Q4 '25 | $1.91 | $1.99 | 4.02% | BEAT |
Q3 '25 | $1.79 | $1.93 | 7.89% | BEAT |
