CDNS Q4 2025 Earnings — Income Statement Breakdown

For its Q4 2025 period (ending 2025-12-31), CDNS reported revenue of $1.4B, gross profit of $1.3B (86.9% gross margin), operating income of $463M, and net income of $388M (27.0% net margin). The flow of revenue into costs and profit is visualized below.

What changed

CDNS was profitable; revenue grew 7.6% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+7.6%+35.2%+5.5 pp

Consensus estimate data is not available for this report.

CDNS Q4 2025 Income Statement

CDNS Q4 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$1.4B100%
Cost of Revenue−$189M13.1%
Gross Profit$1.3B86.9%
Research & Development−$465M32.3%
Selling, General & Administrative−$310M21.5%
Other Operating Expenses−$13M0.9%
Operating Income$463M32.2%
Interest Expense−$29M2.0%
Other Income, net$59M4.1%
Income Tax Expense−$105M7.3%
Net Income$388M27.0%

Source: original SEC filing (filed 2026-02-17). Accession 0000813672-26-000013. Data normalized by EarningsFyi.