Cadence Design Systems debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$1,440.443M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

14.14×

Current ratio

1.74×

Diluted shares

Million shares

276.16M shares

Basic shares

Million shares

273.96M shares

Share count growth

0.98%

Share repurchases

USD millions

$200.006M

Quarterly data

Cadence Design Systems capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	—	1,440.44	—	—	—	—	—	14.14×	1.74×	276.16	273.96	0.98%	200.01
FY 2026 Q1	Mar 31, 2026	—	1,406.67	—	—	—	—	—	13.12×	1.47×	273.73	272.06	0.03%	200
FY 2025 Q4	Dec 31, 2025	—	3,001.32	—	—	—	—	—	12.8×	2.86×	272.93	270.92	-0.42%	200.01
FY 2025 Q3	Sep 30, 2025	—	2,753.25	—	—	—	—	—	12.7×	3.05×	273.8	271.15	-0.4%	200.01
FY 2025 Q2	Jun 30, 2025	—	2,822.76	—	—	—	—	—	12.54×	2.82×	272.9	271.29	0.14%	175.01
FY 2025 Q1	Mar 31, 2025	—	2,777.67	—	—	—	—	—	15.17×	3.07×	273.63	271.97	0.88%	350.01
FY 2024 Q4	Dec 31, 2024	—	2,644.03	—	—	—	—	—	17.77×	2.93×	274.29	272.07	1.11%	150.01
FY 2024 Q3	Sep 30, 2024	—	2,786.04	—	—	—	—	—	22.34×	2.45×	273.96	272.24	1.12%	150.01
FY 2024 Q2	Jun 30, 2024	—	1,058.96	—	—	—	—	—	29.59×	1.43×	273.52	270.91	0.44%	125
FY 2024 Q1	Mar 31, 2024	—	1,012.42	—	—	—	—	—	33.09×	1.32×	273.54	269.61	0.04%	125.01
FY 2023 Q4	Dec 31, 2023	649.06	1,008.15	-359.1	0.19×	11.45%	-0.26×	0.52×	34.58×	1.24×	272.42	269.09	-0.23%	125.01
FY 2023 Q3	Sep 30, 2023	—	961.98	—	—	—	—	—	31.03×	1.44×	272.43	269.23	-0.7%	125.01
FY 2023 Q2	Jun 30, 2023	—	873.93	—	—	—	—	—	33.46×	1.37×	273	269.71	-0.67%	325.11
FY 2023 Q1	Mar 31, 2023	—	916.96	—	—	—	—	—	38.35×	1.44×	273.16	269.5	-1.08%	125.01
FY 2022 Q4	Dec 31, 2022	648.08	882.33	-234.25	0.24×	12.62%	-0.19×	0.58×	46.82×	1.27×	273	269.71	-1.24%	300.03
FY 2022 Q3	Oct 1, 2022	—	1,026.05	—	—	—	—	—	58.46×	1.33×	274.96	271.13	-0.76%	150.01
FY 2022 Q2	Jul 2, 2022	—	1,029.54	—	—	—	—	—	58.89×	1.59×	275.17	271.52	-0.75%	350.03
FY 2022 Q1	Apr 2, 2022	—	1,134.75	—	—	—	—	—	53×	1.81×	276.92	272.43	-0.58%	250.02
FY 2021 Q4	Jan 1, 2022	—	1,088.94	—	—	—	—	—	45.88×	1.77×	278.29	273.11	-0.32%	110
FY 2021 Q3	Oct 2, 2021	—	1,013.82	—	—	—	—	—	43.65×	1.7×	278.31	273.19	-0.29%	110.01
FY 2021 Q2	Jul 3, 2021	—	847.16	—	—	—	—	—	39.7×	1.57×	278.56	273.57	0.05%	220.02
FY 2021 Q1	Apr 3, 2021	—	742.98	—	—	—	—	—	34.93×	1.7×	280.14	274.02	0.2%	172.27
FY 2020 Q4	Jan 2, 2021	—	928.43	—	—	—	—	—	31.11×	1.86×	280.16	273.99	0.26%	130.02
FY 2020 Q3	Sep 26, 2020	—	1,306.56	—	—	—	—	—	28.33×	1.55×	280.02	274	0.24%	75.01
FY 2020 Q2	Jun 27, 2020	—	1,189.19	—	—	—	—	—	27.4×	1.42×	279.08	273.43	0.1%	75.01
FY 2020 Q1	Mar 28, 2020	—	946.29	—	—	—	—	—	27.81×	1.38×	279.27	273.48	0.15%	100.02
FY 2019 Q4	Dec 28, 2019	—	705.21	—	—	—	—	—	26.12×	1.74×	279.61	273.28	-0.17%	75.02
FY 2019 Q3	Sep 28, 2019	—	655.22	—	—	—	—	—	26.24×	1.7×	280.67	273.33	-0.14%	75.01
FY 2019 Q2	Jun 29, 2019	—	633.42	—	—	—	—	—	24.14×	1.6×	281.05	273.16	-0.15%	75.01
FY 2019 Q1	Mar 30, 2019	—	538.9	—	—	—	—	—	20.36×	1.45×	280.62	273.07	-0.26%	81.11
FY 2018 Q4	Dec 29, 2018	—	533.3	—	—	—	—	—	17.12×	1.34×	280.4	273.76	0.22%	100.02
FY 2018 Q3	Sep 29, 2018	—	544.59	—	—	—	—	—	14.25×	1.64×	281.65	273.72	0.21%	50.01
FY 2018 Q2	Jun 30, 2018	—	819.54	—	—	—	—	—	12.81×	1.3×	280.77	273.56	0.62%	50.01
FY 2018 Q1	Mar 31, 2018	—	746.97	—	—	—	—	—	12.62×	1.24×	281.65	273.77	1.33%	50.01
FY 2017 Q4	Dec 30, 2017	—	688.09	—	—	—	—	—	12.62×	1.53×	282.22	273.17	0.22%	50.01
FY 2017 Q3	Sep 30, 2017	—	678.28	—	—	—	—	—	11.68×	1.79×	281.4	273.16	-2.66%	50.01
FY 2017 Q2	Jul 1, 2017	—	656	—	—	—	—	—	11.23×	1.62×	279.53	271.89	-5.66%	0
FY 2017 Q1	Apr 1, 2017	—	544.13	—	—	—	—	—	10.75×	1.39×	277.74	270.17	-8.91%	0
FY 2016 Q4	Dec 31, 2016	—	465.23	—	—	—	—	—	10.35×	1.2×	278.92	272.58	-8.36%	240.09
FY 2016 Q3	Oct 1, 2016	—	524.33	—	—	—	—	—	12.72×	1.49×	287.47	280.62	-1.47%	240.1
FY 2016 Q2	Jul 2, 2016	—	669.57	—	—	—	—	—	14.5×	1.7×	295.2	288.19	1.01%	240.1
FY 2016 Q1	Apr 2, 2016	—	810.4	—	—	—	—	—	13.42×	2.03×	303.43	296.62	4.25%	240
FY 2015 Q4	Jan 2, 2016	—	616.69	—	—	—	—	—	10.08×	1.8×	310.51	297.43	4.76%	120.05
FY 2015 Q3	Oct 3, 2015	—	616.09	—	—	—	—	—	7.72×	2.04×	313.19	284.82	0.13%	120.06
FY 2015 Q2	Jul 4, 2015	—	647.85	—	—	—	—	—	6.46×	2.02×	313.67	285.3	0.69%	56.28
FY 2015 Q1	Apr 4, 2015	—	887.74	—	—	—	—	—	5.53×	1.41×	311.85	284.52	1.03%	36.8
FY 2014 Q4	Jan 3, 2015	—	932.16	—	—	—	—	—	6.06×	1.33×	310.06	283.93	1.37%	37.54
FY 2014 Q3	Sep 27, 2014	—	500.48	—	—	—	—	—	5.41×	1.04×	310	284.46	1.97%	37.54
FY 2014 Q2	Jun 28, 2014	—	557.42	—	—	—	—	—	4.89×	1×	305.76	283.34	2.24%	12.52
FY 2014 Q1	Mar 29, 2014	—	532.76	—	—	—	—	—	4.87×	1.09×	301.03	281.62	2.43%	12.52
FY 2013 Q4	Dec 28, 2013	—	536.26	—	—	—	—	—	5.03×	1.06×	294.66	280.08	2.6%	0
FY 2013 Q3	Sep 28, 2013	—	620.4	—	—	—	—	—	5.57×	0.98×	296.96	278.98	2.81%	0
FY 2013 Q2	Jun 29, 2013	—	577.23	—	—	—	—	—	6.01×	0.93×	294.44	277.15	2.75%	0
FY 2013 Q1	Mar 30, 2013	—	810.15	—	—	—	—	—	6.33×	1.21×	292.15	274.94	2.61%	0
FY 2012 Q4	Dec 29, 2012	—	726.36	—	—	—	—	—	6.09×	1.14×	286.39	272.99	2.58%	—
FY 2012 Q3	Sep 29, 2012	—	649.1	—	—	—	—	—	5.54×	1.16×	283.33	271.35	2.5%	—
FY 2012 Q2	Jun 30, 2012	—	661.66	—	—	—	—	—	4.53×	1.16×	275.32	269.74	2.49%	—
FY 2012 Q1	Mar 31, 2012	—	659.69	—	—	—	—	—	3.65×	1.1×	277.73	267.94	2.45%	—
FY 2011 Q4	Dec 31, 2011	—	601.6	—	—	—	—	—	2.8×	1.05×	273.06	266.12	2.44%	0
FY 2011 Q3	Oct 1, 2011	—	696.1	—	—	—	—	—	1.14×	1.48×	270.74	264.72	2.37%	—
FY 2011 Q2	Jul 2, 2011	—	665.32	—	—	—	—	—	0.32×	0.98×	270.89	263.19	0.39%	0
FY 2011 Q1	Apr 2, 2011	—	612.21	—	—	—	—	—	-0.15×	1.37×	268.58	261.53	—	—
FY 2010 Q4	Jan 1, 2011	—	557.41	—	—	—	—	—	-0.8×	1.26×	267.34	259.78	—	0
FY 2010 Q3	Oct 2, 2010	—	509.04	—	—	—	—	—	—	1.78×	263.3	258.61	—	0
FY 2010 Q2	Jul 3, 2010	—	475.6	—	—	—	—	—	—	1.72×	266.42	262.16	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · CDNS, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.