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Feb 17, 2026 4:50 PM

Cadence Design Systems Stock Moves Higher On Q4 Earnings Beat

Cadence Design Systems Inc (NASDAQ:CDNS) reported financial results for the fourth quarter Tuesday after the bell. Here’s a rundown of the report.

Cadence Design Beats Estimates In Q4

Cadence Design Systems reported fourth-quarter revenue of $1.44 billion, beating analyst estimates of $1.42 billion. The company reported fourth-quarter adjusted earnings of $1.99 per share, beating estimates of $1.91 per share, according to Benzinga Pro.

Total revenue was up 14% year-over-year. The company ended the fourth quarter with a record backlog of $7.8 billion and approximately $3 billion in cash and cash equivalents.

“Strong customer demand for our expanding ...