Software & data
Cadence
Business, financial evidence and documented connections to the AI buildout.
Business and AI exposure
Cadence sells chip-design software, intellectual property and system-engineering tools. Its AI exposure comes from helping customers design advanced processors and from incorporating AI and accelerated computing into the engineering process itself. These activities also serve many non-AI applications.
Earnings and disclosures
Latest verified results: Q2 2026 · Released 2026-07-27
Next results: 2026-10-26 · Q3 2026 results webcast.
Checked 2026-10-18 · Financial context and sources ↓
Financial context
For Q2 2026, revenue was $1.584 billion, GAAP operating margin was 28.4% and operating cash flow was $635 million. Backlog totaled $8.1 billion, including $4.2 billion expected to become revenue within twelve months. These are company-wide measures.
Products and delivery
Cadence reported early customer adoption of its AI Super Agents. Its NVIDIA collaboration covers GPU-accelerated versions of tools including Innovus, Celsius, Voltus and Spectre, with availability announced for 2026. The announcement does not establish release of every individual product.
Plans and commitments
Management increased its FY2026 revenue outlook to $6.26 billion–$6.34 billion and expected approximately $2 billion of operating cash flow. The forecasts depend on customer spending and delivery across the portfolio; they are not an AI-only sales commitment.
Economics and dependencies
Commercial results depend on engineering-tool adoption, customer design activity and conversion of contracted work into revenue. Reported growth in electronic design automation, intellectual property and system design includes non-AI demand, while accelerated-system performance depends on the configuration used.
What to watch
Subsequent product releases and financial reports can show whether accelerated engineering tools reach broader production use. Recurring revenue, backlog conversion and operating cash generation provide a more complete picture than demonstrations alone; separate AI product revenue remains undisclosed.
login.cadence.com ↗ · investor.cadence.com · 2026-07-27 ↗ · www.sec.gov ↗
Documented project connections
Each connection below has a specific, cited role. A supplier, lender, customer or proposed acquirer has different economics from the project owner.
No named tracked-project role has been established by the evidence used for this profile. This does not mean the company has no AI exposure.
Evidence boundaries
Company totals, segment sales, bookings, backlog, spending, capacity and usage describe different things. They do not establish project-level revenue, earnings or an exact AI-only revenue share unless the cited disclosure explicitly says so.
This is a dated research snapshot. Forecasts are attributed expectations, and undisclosed amounts remain unknown. Source review does not certify every project or future outcome.