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Side-by-side financial comparison of CAL-MAINE FOODS INC (CALM) and Cadence Design Systems (CDNS). Click either name above to swap in a different company.

Cadence Design Systems is the larger business by last-quarter revenue ($1.5B vs $769.5M, roughly 1.9× CAL-MAINE FOODS INC). Cadence Design Systems runs the higher net margin — 22.8% vs 13.4%, a 9.4% gap on every dollar of revenue. On growth, Cadence Design Systems posted the faster year-over-year revenue change (14.1% vs -19.4%). Cadence Design Systems produced more free cash flow last quarter ($307.0M vs $47.9M). Over the past eight quarters, CAL-MAINE FOODS INC's revenue compounded faster (29.4% CAGR vs 17.9%).

Cal-Maine Foods, Inc. is an American fresh egg producer based in Ridgeland, Mississippi. As of 2024, it was the largest egg producer in the United States. Its eggs are sold under several different brand names, including Egg-Land's Best, Land O'Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4-Grain. The company was founded in 1957 by Fred R. Adams, Jr., whose family owns a controlling interest in the company, which is publicly traded on the NASDAQ stock exchange.

Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense an...

CALM vs CDNS — Head-to-Head

Bigger by revenue
CDNS
CDNS
1.9× larger
CDNS
$1.5B
$769.5M
CALM
Growing faster (revenue YoY)
CDNS
CDNS
+33.5% gap
CDNS
14.1%
-19.4%
CALM
Higher net margin
CDNS
CDNS
9.4% more per $
CDNS
22.8%
13.4%
CALM
More free cash flow
CDNS
CDNS
$259.1M more FCF
CDNS
$307.0M
$47.9M
CALM
Faster 2-yr revenue CAGR
CALM
CALM
Annualised
CALM
29.4%
17.9%
CDNS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CALM
CALM
CDNS
CDNS
Revenue
$769.5M
$1.5B
Net Profit
$102.8M
$335.7M
Gross Margin
27.0%
Operating Margin
16.1%
29.3%
Net Margin
13.4%
22.8%
Revenue YoY
-19.4%
14.1%
Net Profit YoY
-53.1%
EPS (diluted)
$2.13
$1.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CALM
CALM
CDNS
CDNS
Q1 26
$1.5B
Q4 25
$769.5M
$1.4B
Q3 25
$922.6M
$1.3B
Q2 25
$1.3B
Q1 25
$1.4B
$1.2B
Q4 24
$954.7M
$1.4B
Q3 24
$785.9M
$1.2B
Q2 24
$1.1B
Net Profit
CALM
CALM
CDNS
CDNS
Q1 26
$335.7M
Q4 25
$102.8M
$388.1M
Q3 25
$199.3M
$287.1M
Q2 25
$160.1M
Q1 25
$508.5M
$273.6M
Q4 24
$219.1M
$340.2M
Q3 24
$150.0M
$238.1M
Q2 24
$229.5M
Gross Margin
CALM
CALM
CDNS
CDNS
Q1 26
Q4 25
27.0%
Q3 25
33.7%
Q2 25
Q1 25
50.5%
Q4 24
37.3%
Q3 24
31.5%
Q2 24
Operating Margin
CALM
CALM
CDNS
CDNS
Q1 26
29.3%
Q4 25
16.1%
32.2%
Q3 25
27.0%
31.8%
Q2 25
19.0%
Q1 25
44.8%
29.1%
Q4 24
29.1%
33.7%
Q3 24
23.8%
28.8%
Q2 24
27.7%
Net Margin
CALM
CALM
CDNS
CDNS
Q1 26
22.8%
Q4 25
13.4%
27.0%
Q3 25
21.6%
21.4%
Q2 25
12.5%
Q1 25
35.9%
22.0%
Q4 24
22.9%
25.1%
Q3 24
19.1%
19.6%
Q2 24
21.6%
EPS (diluted)
CALM
CALM
CDNS
CDNS
Q1 26
$1.23
Q4 25
$2.13
$1.42
Q3 25
$4.12
$1.05
Q2 25
$0.59
Q1 25
$10.38
$1.00
Q4 24
$4.47
$1.23
Q3 24
$3.06
$0.87
Q2 24
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CALM
CALM
CDNS
CDNS
Cash + ST InvestmentsLiquidity on hand
$369.4M
$1.4B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$2.7B
$6.6B
Total Assets
$3.1B
$12.1B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CALM
CALM
CDNS
CDNS
Q1 26
$1.4B
Q4 25
$369.4M
$3.2B
Q3 25
$251.9M
$2.8B
Q2 25
$2.8B
Q1 25
$497.2M
$2.8B
Q4 24
$140.3M
$2.8B
Q3 24
$181.7M
$2.8B
Q2 24
$1.1B
Total Debt
CALM
CALM
CDNS
CDNS
Q1 26
$2.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CALM
CALM
CDNS
CDNS
Q1 26
$6.6B
Q4 25
$2.7B
$5.5B
Q3 25
$2.7B
$5.2B
Q2 25
$5.0B
Q1 25
$2.4B
$4.8B
Q4 24
$2.0B
$4.7B
Q3 24
$1.9B
$4.6B
Q2 24
$4.3B
Total Assets
CALM
CALM
CDNS
CDNS
Q1 26
$12.1B
Q4 25
$3.1B
$10.2B
Q3 25
$3.2B
$9.6B
Q2 25
$9.5B
Q1 25
$3.1B
$9.0B
Q4 24
$2.5B
$9.0B
Q3 24
$2.4B
$9.2B
Q2 24
$7.2B
Debt / Equity
CALM
CALM
CDNS
CDNS
Q1 26
0.38×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CALM
CALM
CDNS
CDNS
Operating Cash FlowLast quarter
$94.8M
$355.8M
Free Cash FlowOCF − Capex
$47.9M
$307.0M
FCF MarginFCF / Revenue
6.2%
20.8%
Capex IntensityCapex / Revenue
6.1%
9.6%
Cash ConversionOCF / Net Profit
0.92×
1.06×
TTM Free Cash FlowTrailing 4 quarters
$895.9M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CALM
CALM
CDNS
CDNS
Q1 26
$355.8M
Q4 25
$94.8M
$553.5M
Q3 25
$278.6M
$310.7M
Q2 25
$377.6M
Q1 25
$571.6M
$487.0M
Q4 24
$122.7M
$441.4M
Q3 24
$117.5M
$410.0M
Q2 24
$156.0M
Free Cash Flow
CALM
CALM
CDNS
CDNS
Q1 26
$307.0M
Q4 25
$47.9M
$512.5M
Q3 25
$233.3M
$277.0M
Q2 25
$333.5M
Q1 25
$521.8M
$464.0M
Q4 24
$92.9M
$404.2M
Q3 24
$81.7M
$383.5M
Q2 24
$126.8M
FCF Margin
CALM
CALM
CDNS
CDNS
Q1 26
20.8%
Q4 25
6.2%
35.6%
Q3 25
25.3%
20.7%
Q2 25
26.1%
Q1 25
36.8%
37.3%
Q4 24
9.7%
29.8%
Q3 24
10.4%
31.5%
Q2 24
12.0%
Capex Intensity
CALM
CALM
CDNS
CDNS
Q1 26
9.6%
Q4 25
6.1%
2.8%
Q3 25
4.9%
2.5%
Q2 25
3.5%
Q1 25
3.5%
1.9%
Q4 24
3.1%
2.7%
Q3 24
4.6%
2.2%
Q2 24
2.8%
Cash Conversion
CALM
CALM
CDNS
CDNS
Q1 26
1.06×
Q4 25
0.92×
1.43×
Q3 25
1.40×
1.08×
Q2 25
2.36×
Q1 25
1.12×
1.78×
Q4 24
0.56×
1.30×
Q3 24
0.78×
1.72×
Q2 24
0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CALM
CALM

Retail$625.4M81%
Prepared Foods$71.7M9%
Egg Products$34.5M4%
Service Other$19.2M2%
Other$13.8M2%

CDNS
CDNS

Product and Maintenance$1.3B92%
Services$125.0M8%

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