8-KItem 2.02 · Results of OperationsItem 8.01 · Other EventsItem 9.01 · Financial Statements
Cadence reports Q3 growth, raises 2026 outlook and adds $2.5B buyback
Filed with the SEC on · Summarized by InvestorsBot
Cadence reported third-quarter 2026 revenue of $1.633 billion, up from $1.339 billion a year earlier, with non-GAAP EPS of $2.11 and backlog of $8.2 billion. The company raised its 2026 revenue outlook to $6.387 billion-$6.417 billion and non-GAAP EPS outlook to $8.37-$8.43, while its board approved an additional $2.5 billion for share repurchases on October 23 after $400 million of Q3 buybacks.