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Side-by-side financial comparison of Cadence Design Systems (CDNS) and Sprouts Farmers Market, Inc. (SFM). Click either name above to swap in a different company.

Sprouts Farmers Market, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.7× Cadence Design Systems). Cadence Design Systems runs the higher net margin — 22.8% vs 4.2%, a 18.6% gap on every dollar of revenue. On growth, Cadence Design Systems posted the faster year-over-year revenue change (-16.1% vs -72.2%). Over the past eight quarters, Cadence Design Systems's revenue compounded faster (9.6% CAGR vs 6.5%).

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...

Sprouts Farmers Market, Inc., is a supermarket chain headquartered in Phoenix, Arizona, offering natural and organic foods, including fresh produce, bulk foods, packaged groceries, meat, poultry, seafood, deli, baked goods, dairy products, and frozen foods. They also sell vitamins and supplements, natural body care, and household items. Sprouts employs 35,000 workers and operates more than 400 stores in 24 states.

CDNS vs SFM — Head-to-Head

Bigger by revenue
SFM
SFM
1.7× larger
SFM
$2.1B
$1.3B
CDNS
Growing faster (revenue YoY)
CDNS
CDNS
+56.1% gap
CDNS
-16.1%
-72.2%
SFM
Higher net margin
CDNS
CDNS
18.6% more per $
CDNS
22.8%
4.2%
SFM
Faster 2-yr revenue CAGR
CDNS
CDNS
Annualised
CDNS
9.6%
6.5%
SFM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CDNS
CDNS
SFM
SFM
Revenue
$1.3B
$2.1B
Net Profit
$335.7M
$89.8M
Gross Margin
38.0%
Operating Margin
29.3%
5.7%
Net Margin
22.8%
4.2%
Revenue YoY
-16.1%
-72.2%
Net Profit YoY
22.7%
-76.4%
EPS (diluted)
$1.00
$0.92

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
CDNS
CDNS
SFM
SFM
Q1 26
$1.3B
$2.1B
Q4 25
$1.4B
$2.1B
Q3 25
$1.3B
$2.2B
Q2 25
$1.3B
$2.2B
Q1 25
$1.2B
$2.2B
Q4 24
$1.4B
$2.0B
Q3 24
$1.2B
$1.9B
Q2 24
$1.1B
$1.9B
Net Profit
CDNS
CDNS
SFM
SFM
Q1 26
$335.7M
$89.8M
Q4 25
$388.1M
$89.8M
Q3 25
$287.1M
$120.1M
Q2 25
$160.1M
$133.7M
Q1 25
$273.6M
$180.0M
Q4 24
$340.2M
$79.6M
Q3 24
$238.1M
$91.6M
Q2 24
$229.5M
$95.3M
Gross Margin
CDNS
CDNS
SFM
SFM
Q1 26
38.0%
Q4 25
38.0%
Q3 25
38.7%
Q2 25
38.8%
Q1 25
39.6%
Q4 24
38.1%
Q3 24
38.1%
Q2 24
37.9%
Operating Margin
CDNS
CDNS
SFM
SFM
Q1 26
29.3%
5.7%
Q4 25
32.2%
5.7%
Q3 25
31.8%
7.2%
Q2 25
19.0%
8.1%
Q1 25
29.1%
10.1%
Q4 24
33.7%
5.3%
Q3 24
28.8%
6.3%
Q2 24
27.7%
6.7%
Net Margin
CDNS
CDNS
SFM
SFM
Q1 26
22.8%
4.2%
Q4 25
27.0%
4.2%
Q3 25
21.4%
5.5%
Q2 25
12.5%
6.0%
Q1 25
22.0%
8.0%
Q4 24
25.1%
4.0%
Q3 24
19.6%
4.7%
Q2 24
21.6%
5.0%
EPS (diluted)
CDNS
CDNS
SFM
SFM
Q1 26
$1.00
$0.92
Q4 25
$1.42
$0.93
Q3 25
$1.05
$1.22
Q2 25
$0.59
$1.35
Q1 25
$1.00
$1.81
Q4 24
$1.23
$0.78
Q3 24
$0.87
$0.91
Q2 24
$0.84
$0.94

Balance Sheet & Financial Strength

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

Metric
CDNS
CDNS
SFM
SFM
Cash + ST InvestmentsLiquidity on hand
$2.8B
$257.3M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$6.6B
$1.4B
Total Assets
$12.1B
$4.2B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDNS
CDNS
SFM
SFM
Q1 26
$2.8B
$257.3M
Q4 25
$3.2B
$257.3M
Q3 25
$2.8B
$322.4M
Q2 25
$2.8B
$261.4M
Q1 25
$2.8B
$285.7M
Q4 24
$2.8B
$265.2M
Q3 24
$2.8B
$309.7M
Q2 24
$1.1B
$177.3M
Total Debt
CDNS
CDNS
SFM
SFM
Q1 26
$2.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CDNS
CDNS
SFM
SFM
Q1 26
$6.6B
$1.4B
Q4 25
$5.5B
$1.4B
Q3 25
$5.2B
$1.4B
Q2 25
$5.0B
$1.4B
Q1 25
$4.8B
$1.3B
Q4 24
$4.7B
$1.3B
Q3 24
$4.6B
$1.3B
Q2 24
$4.3B
$1.3B
Total Assets
CDNS
CDNS
SFM
SFM
Q1 26
$12.1B
$4.2B
Q4 25
$10.2B
$4.2B
Q3 25
$9.6B
$4.0B
Q2 25
$9.5B
$3.8B
Q1 25
$9.0B
$3.7B
Q4 24
$9.0B
$3.6B
Q3 24
$9.2B
$3.6B
Q2 24
$7.2B
$3.4B
Debt / Equity
CDNS
CDNS
SFM
SFM
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
CDNS
CDNS
SFM
SFM
Operating Cash FlowLast quarter
$355.8M
Free Cash FlowOCF − Capex
$464.0M
FCF MarginFCF / Revenue
36.4%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDNS
CDNS
SFM
SFM
Q1 26
$355.8M
Q4 25
$553.5M
$138.5M
Q3 25
$310.7M
$167.1M
Q2 25
$377.6M
$111.2M
Q1 25
$487.0M
$299.1M
Q4 24
$441.4M
$124.9M
Q3 24
$410.0M
$209.1M
Q2 24
$156.0M
$91.6M
Free Cash Flow
CDNS
CDNS
SFM
SFM
Q1 26
$464.0M
Q4 25
$512.5M
$66.3M
Q3 25
$277.0M
$111.4M
Q2 25
$333.5M
$50.4M
Q1 25
$464.0M
$239.6M
Q4 24
$404.2M
$56.2M
Q3 24
$383.5M
$156.3M
Q2 24
$126.8M
$33.9M
FCF Margin
CDNS
CDNS
SFM
SFM
Q1 26
36.4%
Q4 25
35.6%
3.1%
Q3 25
20.7%
5.1%
Q2 25
26.1%
2.3%
Q1 25
37.3%
10.7%
Q4 24
29.8%
2.8%
Q3 24
31.5%
8.0%
Q2 24
12.0%
1.8%
Capex Intensity
CDNS
CDNS
SFM
SFM
Q1 26
5.1%
Q4 25
2.8%
3.4%
Q3 25
2.5%
2.5%
Q2 25
3.5%
2.7%
Q1 25
1.9%
2.7%
Q4 24
2.7%
3.4%
Q3 24
2.2%
2.7%
Q2 24
2.8%
3.0%
Cash Conversion
CDNS
CDNS
SFM
SFM
Q1 26
1.06×
Q4 25
1.43×
1.54×
Q3 25
1.08×
1.39×
Q2 25
2.36×
0.83×
Q1 25
1.78×
1.66×
Q4 24
1.30×
1.57×
Q3 24
1.72×
2.28×
Q2 24
0.68×
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CDNS
CDNS

Product and Maintenance$1.1B87%
Services$131.0M10%
Other$33.0M3%

SFM
SFM

Segment breakdown not available.

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