Cadence Reports Q3 2026 Financial Results Exceeding Expectations

Cadence Design Systems reported Q3 2026 revenue of $1.63 billion, up 22% year over year, and non-GAAP earnings of $2.11 per share, 2.8% above analyst consensus. The company forecast full-year revenue of $6.4 billion at the midpoint, 1.3% above prior analyst expectations.