Cadence Design Systems, Inc. (CDNS) is set to release its second-quarter 2025 financial results on July 28, 2025. The Zacks Consensus Estimate for earnings stands at $1.57 per share, reflecting a 22.7% increase year-over-year. Revenue projections are at $1.26 billion, indicating an 18.7% uptick from the previous year.
For the quarter, Cadence anticipates revenues between $1.25 billion and $1.27 billion. In the same quarter last year, revenues were $1.06 billion. Non-GAAP EPS is expected to be in the range of $1.55 to $1.61, up from $1.28 a year ago. The company has reported earnings above estimates in each of the last four quarters, with an average surprise of 6.7%.
Cadence attributes growth to strong demand in sectors including data centers and automotive, driven by trends in AI, 5G, and autonomous driving. The company reported a backlog of $6.4 billion and current-remaining performance obligations of $3.2 billion as of the end of Q1 2025.
