CDNS Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), CDNS reported revenue of $1.5B, gross profit of $1.3B (85.4% gross margin), operating income of $431M, and net income of $336M (22.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CDNS was profitable; revenue grew 2.4% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +2.4% | −13.5% | −4.2 pp |
Consensus estimate data is not available for this report.
CDNS Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100% |
| Cost of Revenue | −$215M | 14.6% |
| Gross Profit | $1.3B | 85.4% |
| Research & Development | −$508M | 34.5% |
| Selling, General & Administrative | −$300M | 20.3% |
| Other Operating Expenses | −$5,000 | 0.0% |
| Operating Income | $431M | 29.3% |
| Interest Expense | −$32M | 2.1% |
| Other Income, net | $28M | 1.9% |
| Income Tax Expense | −$92M | 6.3% |
| Net Income | $336M | 22.8% |
Source: original SEC filing (filed 2026-04-27). Accession 0000813672-26-000044. Data normalized by EarningsFyi.