Cadence Design Systems (CDNS) EV to FCF (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly EV to FCF came in at 175.03 in Q2 2026, down 28.06% on a YoY basis from 243.3 in Q2 2025, and down 28.59% quarter-over-quarter from 245.09 in Q1 2026.
Analysis
Cadence Design Systems (CDNS) EV to FCF (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has reported EV to FCF for 18 consecutive years, with 175.03 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 28.06% year-over-year to 175.03; the trailing twelve-month figure through Jun 2026 stood at 60.71 (up 18.6% YoY), and the FY2025 full-year result was 51.65, down 27.5% from the prior year.
- EV to FCF fell to 175.03 in Q2 2026 per CDNS's latest filing, from 245.09 in the prior quarter.
- Across five years, EV to FCF topped out at 656.4 in Q2 2024 and bottomed at 132.97 in Q3 2022.
- Historically, EV to FCF has averaged 231.42 across 5 years, with a median of 186.59 in 2024.
- The sharpest annual moves came in 2024 and 2025: EV to FCF jumped 311.21% in 2024, then plunged 65.04% in 2025.
- Over 5 years, EV to FCF stood at 189.31 in 2022, then soared by 61.75% to 306.21 in 2023, then sank by 35.65% to 197.05 in 2024, then retreated by 18.84% to 159.93 in 2025, then advanced by 9.44% to 175.03 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 175.03, 245.09, and 159.93 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cadence Design Systems | 80.61 Bn | 79.17 Bn | 1.41 Bn |
| 2 | Synopsys | 75.46 Bn | 71.85 Bn | 1.80 Bn |
| 3 | Dolby Laboratories | 5.84 Bn | 5.18 Bn | 264.68 Mn |
| 4 | Adeia | 2.92 Bn | 2.72 Bn | - |
| 5 | Pdf Solutions | 1.91 Bn | 1.80 Bn | 42.42 Mn |
| 6 | Ceva | 758.32 Mn | 758.32 Mn | - |
| 7 | Immersion | 255.40 Mn | 345.19 Mn | 84.86 Mn |
| 8 | Silvaco | 220.28 Mn | 207.28 Mn | 15.16 Mn |
| 9 | Atomera | 157.66 Mn | 157.66 Mn | 132,000.00 |
| 10 | Network-1 Technologies | 36.35 Mn | 2.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 175.03 |
| Mar 31, 2026 | 245.09 |
| Dec 31, 2025 | 159.93 |
| Sep 30, 2025 | 335.26 |
| Jun 30, 2025 | 243.30 |
| Mar 31, 2025 | 143.69 |
| Dec 31, 2024 | 197.05 |
| Sep 30, 2024 | 186.59 |
| Jun 30, 2024 | 656.40 |
| Mar 31, 2024 | 411.03 |
| Dec 31, 2023 | 306.21 |
| Sep 30, 2023 | 167.90 |
| Jun 30, 2023 | 159.63 |
| Mar 31, 2023 | 234.21 |
| Dec 31, 2022 | 189.31 |
| Oct 1, 2022 | 160.45 |
| Jul 2, 2022 | 132.97 |
| Apr 2, 2022 | 139.85 |
| Jan 1, 2022 | 153.00 |
| Apr 3, 2021 | 201.74 |