Short answer
Cadence Design Systems (CDNS) filed an 8-K current report with the SEC on July 27, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 FY2026 results covered quarter ended June 30, 2026.
Cadence Design Systems 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 FY2026 results covered quarter ended June 30, 2026
- Press release and CFO commentary attached as Exhibits 99.01 and 99.02
- Investor focus: financial performance details and management commentary in the exhibits
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $1.584B, up from $1.275B; GAAP diluted EPS $1.33 versus $0.59
- Record backlog $8.1B, including $4.2B expected revenue recognition within 12 months
- 2026 outlook raised to 19% revenue growth, $8.05–$8.15 non-GAAP EPS, and $2B operating cash flow
- AI demand broad-based; IP revenue grew over 40%, Core EDA 18%, and System Design and Analysis 37% year over year
- Acquisition-driven cash usage significant: $2.1B paid for business combinations, reducing cash to $1.44B from $3.00B year-end
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