CADENCE DESIGN SYSTEMS INC — Form 8-K
Filed July 27, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 58/100
What the filing says
Cadence reported Q2 2026 revenue of $1.584B (+24% YoY), non-GAAP EPS of $2.11 (+28% YoY), and record backlog of $8.1B. The company raised full-year 2026 guidance: revenue to $6.26–$6.34B (19% growth), non-GAAP EPS to $8.05–$8.15 (midpoint $8.10, +13–14% YoY), and operating cash flow to ~$2.0B. Growth driven by AI Super Agents portfolio adoption, IP revenue +40% YoY, and System Design +37% YoY.
Why this rating
Strong results and raised guidance represent solid execution, but represent ~3–4% of company's $84B market cap. Meaningful but not transformational relative to scale.
See more from July 27, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.