Cadence Design Systems, Inc. · CDNS · Next earnings

Cadence Design Systems, Inc. reports Monday, Oct 26, 2026

CDNS reports after market close with consensus EPS at $2.04 and revenue at $1.61B. Last quarter: Cadence Q1 2026: Revenue Up 19% YoY, Agentic AI Platform Launched, Guidance Raised

Reports After market close36 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $2.04 Calendar consensus
Consensus revenue $1.61B Calendar consensus
Report date Oct 26, 2026 Monday, date estimated
Session After market close 36 days away

Where CDNS left off: FY2026 Q1

Full report

Cadence Q1 2026: Revenue Up 19% YoY, Agentic AI Platform Launched, Guidance Raised

EPS surprise +2.6% Reported $1.96 vs $1.91
Revenue surprise +1.2% Reported $1.47B vs $1.46B
Stock move -3.3% Event window
Subsequent drift +15.0% Up to 20 sessions

Management raised the full-year 2026 revenue growth outlook to approximately 17% year over year, up from prior expectations. The company reiterated its goal of achieving the Rule of 60. The Hexagon D&E acquisition is expected to contribute $160 million in 2026 revenue but will be dilutive to EPS and operating margin in the short term, with accretion expected in subsequent periods.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Integration costs and financing impact of the Hexagon acquisition causing near-term margin pressure.
  • Uncertainty around the pace of adoption and monetization of agentic AI tools.
  • Potential slowdown in semiconductor design activity or broader macroeconomic headwinds.
  • Export control and regulatory uncertainties that could affect global sales.

Questions analysts left open

  • Whether AI can write or replace base EDA tools and impact defensibility.
  • Operating margin guidance and the effect of Hexagon integration on profitability.
  • Pricing and monetization model for agentic AI solutions.
  • Hardware refresh cadence for Palladium/Protium platforms (Z4, Z5).
  • Timing and revenue impact of physical AI adoption.

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Recent CDNS quarters

All CDNS earnings
-3.3%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

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.