Cadence Design Systems, Inc. · CDNS · Next earnings

Cadence Design Systems, Inc. reports Tuesday, Feb 16, 2027

CDNS reports after market close with consensus EPS at $2.23 and revenue at $1.72B. Last quarter: Cadence raises 2026 outlook as AI tools and verification demand accelerate

Reports After market close104 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $2.23 Calendar consensus
Consensus revenue $1.72B Calendar consensus
Report date Feb 16, 2027 Tuesday, date estimated
Session After market close 104 days away

Where CDNS left off: FY2026 Q3

Full report

Cadence raises 2026 outlook as AI tools and verification demand accelerate

EPS surprise +2.9% Reported $2.11 vs $2.05
Revenue surprise +1.3% Reported $1.63B vs $1.61B
Stock move +1.8% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised the 2026 outlook to 21% revenue growth and $8.40 EPS.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • The outlook depends on continued AI adoption and model improvement.
  • Hardware inventory or supply-chain constraints could affect execution.
  • Competition from Synopsys and other AI model providers remains significant.
  • Export controls could affect international sales.

Questions analysts left open

  • How Maestro and other AI models will be monetized and priced.
  • Whether recurring-revenue gains are durable and how Hexagon integration affects margins.
  • Competitive positioning versus Synopsys, including AI strategy and royalty models.

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Recent CDNS quarters

All CDNS earnings
+1.8%FY2026 Q3+1.8%FY2026 Q2-3.3%FY2026 Q1-2.9%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.