Cadence QMar26- Revenue up +2.4% q/q & +18.7%

2026.04.28 13:07

Cadence QMar26

- Revenue up +2.4% q/q & +18.7% y/y to $1.474B at 85.4% GM;. QJun guided to +5.5-8.2% q/q

- FY26 raised to $6.125-6.225B (16-18% y/y) from prior $5.9-6.0B (11-13%); +$225M midpoint raise (Hexagon acquisition benefit)

- Backlog hit a record $8B (vs $7.8B 4Q25, $6.8B 4Q24); current RPO (next 12mo) $4.0B covers 66% of FY26 revenue

Source: Sravan Kundojjala

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.