Cadence Design Systems (CDNS) Free Cash Flow (2009 - 2026)
Cadence Design Systems' Free Cash Flow was $582.3 million in Q2 2026, up 74.6% from $333.52 million a year earlier and up 89.7% from the prior quarter.
Cadence Design Systems (CDNS) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cadence Design Systems' Free Cash Flow was $1.68 billion through Jun 30, 2026, up 5.9% year-over-year; for FY2025, it came in at $1.59 billion, up 41.9% from FY2024.
- Free Cash Flow shows a four-year compound annual growth rate of 11.3% (FY2021 to FY2025).
- In earlier years, Free Cash Flow was $1.12 billion in FY2024 (-10.3%), $1.25 billion in FY2023 (+11.5%), $1.12 billion in FY2022 (+8.0%) and $1.04 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Free Cash Flow in data going back to Q4 2010.
- Compared with a year earlier, Free Cash Flow was higher in six of the last eight quarters, with growth averaging 50.4%.
- The best year-over-year quarter for Free Cash Flow over five years was Q2 2025 (growth of 163.1%); the worst was Q2 2024 (a decline of 67.8%).
- Per Business Quant data, CDNS's Free Cash Flow in the three quarters before Q2 2026 was $306.96 million (Q1 2026), $512.45 million (Q4 2025) and $276.98 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | 21.40 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 24.78 Bn |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 13.67 Bn |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | 32.86 Bn |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | - |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | 1.27 Bn |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Cadence Design Systems | 89.00 Bn | 80.40 Bn | 1.35 Bn | 582.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 582.30 Mn |
| Mar 31, 2026 | 306.96 Mn |
| Dec 31, 2025 | 512.45 Mn |
| Sep 30, 2025 | 276.98 Mn |
| Jun 30, 2025 | 333.52 Mn |
| Mar 31, 2025 | 463.96 Mn |
| Dec 31, 2024 | 404.16 Mn |
| Sep 30, 2024 | 383.46 Mn |
| Jun 30, 2024 | 126.77 Mn |
| Mar 31, 2024 | 203.63 Mn |
| Dec 31, 2023 | 238.39 Mn |
| Sep 30, 2023 | 373.94 Mn |
| Jun 30, 2023 | 393.83 Mn |
| Mar 31, 2023 | 240.68 Mn |
| Dec 31, 2022 | 226.72 Mn |
| Oct 1, 2022 | 273.02 Mn |
| Jul 2, 2022 | 300.47 Mn |
| Apr 2, 2022 | 318.48 Mn |
| Jan 1, 2022 | 330.01 Mn |
| Apr 3, 2021 | 191.47 Mn |
Cadence Design Systems Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CDNS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CDNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CDNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();