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Cadence Design Systems, Inc. (CDNS) Q1 2026 Earnings Call...
2026-04-28 · via All Articles on Seeking Alpha

Q1: 2026-04-27 Earnings Summary

EPS of $1.96 beats by $0.07

 | 

Revenue of

$1.47B

(18.66% Y/Y)

beats by $18.08M

Cadence Design Systems, Inc. (CDNS) Q1 2026 Earnings Call April 27, 2026 5:00 PM EDT

Company Participants

Richard Gu - Vice President of Investor Relations
Anirudh Devgan - CEO, President & Director
John Wall - Senior VP & CFO

Conference Call Participants

Yu Shi - Needham & Company, LLC, Research Division
Jason Celino - KeyBanc Capital Markets Inc., Research Division
Vivek Arya - BofA Securities, Research Division
James Schneider - Goldman Sachs Group, Inc., Research Division
Sitikantha Panigrahi - Mizuho Securities USA LLC, Research Division
Joseph Quatrochi - Wells Fargo Securities, LLC, Research Division
Ruben Roy - Stifel, Nicolaus & Company, Incorporated, Research Division
Harlan Sur - JPMorgan Chase & Co, Research Division
Lee Simpson - Morgan Stanley, Research Division
Gianmarco Conti - Deutsche Bank AG, Research Division
Jay Vleeschhouwer - Griffin Securities, Inc., Research Division
Wei Chia - Citigroup Inc., Research Division
Andrew DeGasperi - BNP Paribas, Research Division
Gary Mobley - Loop Capital Markets LLC, Research Division
Clarke Jeffries - Piper Sandler & Co., Research Division
Joshua Tilton - Wolfe Research, LLC
Blair Abernethy - Rosenblatt Securities Inc., Research Division

Presentation

Operator

Ladies and gentlemen, good afternoon. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cadence First Quarter 2026 Earnings Conference Call. [Operator Instructions]

Thank you. And I will now turn the call over to Richard Gu, Vice President of Investor Relations for Cadence. Please go ahead.

Richard Gu
Vice President of Investor Relations

Thank you, operator. I'd like to welcome everyone to our first quarter of 2026 earnings conference call. I'm joined today by Anirudh Devgan, President and Chief Executive Officer; and John Wall, Senior Vice President and Chief Financial Officer. The webcast of this call and a copy of today's prepared remarks will be available on our website, cadence.com.

Today's discussion will contain forward-looking statements, including our outlook