8-KItem 2.02 · Results of OperationsItem 8.01 · Other EventsItem 9.01 · Financial Statements
Cadence raises 2026 outlook after Q3 revenue rises 22%
Filed with the SEC on · Summarized by InvestorsBot
On October 26, 2026, Cadence reported third-quarter revenue of $1.633 billion, up from $1.339 billion a year earlier; GAAP diluted EPS was $1.05, while non-GAAP EPS rose to $2.11 from $1.93. Cadence raised its 2026 outlook to $6.387 billion-$6.417 billion in revenue and $8.37-$8.43 in non-GAAP EPS, citing an $8.2 billion backlog, while authorizing an additional $2.5 billion for share repurchases after buying back $400 million of stock in the quarter.