CDNS Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), CDNS reported revenue of $1.6B, gross profit of $1.3B (84.9% gross margin), operating income of $450M, and net income of $367M (23.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CDNS was profitable; revenue grew 7.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +7.5% | +9.4% | +0.4 pp |
Consensus estimate data is not available for this report.
CDNS Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.6B | 100% |
| Cost of Revenue | −$239M | 15.1% |
| Gross Profit | $1.3B | 84.9% |
| Research & Development | −$531M | 33.5% |
| Selling, General & Administrative | −$330M | 20.8% |
| Other Operating Expenses | −$34M | 2.1% |
| Operating Income | $450M | 28.4% |
| Interest Expense | −$35M | 2.2% |
| Other Income, net | $95M | 6.0% |
| Income Tax Expense | −$143M | 9.0% |
| Net Income | $367M | 23.2% |
Source: CDNS filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.