Q2
CDNS — Q2 2026 Financial Report Analysis
Cadence's Q2 2026 revenue rose 24% to $1.58B and GAAP EPS rose to $1.33 from $0.59, mostly because last year's $128.5M export-settlement charge fell away; Hexagon deal costs kept the underlying margin roughly flat, backlog hit a record $8.1B and guidance was raised.