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Side-by-side financial comparison of Cadence Design Systems (CDNS) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.

Cadence Design Systems is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× StoneX Group Inc.). Cadence Design Systems runs the higher net margin — 22.8% vs 11.6%, a 11.2% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs -16.1%). Cadence Design Systems produced more free cash flow last quarter ($464.0M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 9.6%).

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...

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

CDNS vs SNEX — Head-to-Head

Bigger by revenue
CDNS
CDNS
1.1× larger
CDNS
$1.3B
$1.2B
SNEX
Growing faster (revenue YoY)
SNEX
SNEX
+97.2% gap
SNEX
81.0%
-16.1%
CDNS
Higher net margin
CDNS
CDNS
11.2% more per $
CDNS
22.8%
11.6%
SNEX
More free cash flow
CDNS
CDNS
$1.7B more FCF
CDNS
$464.0M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
9.6%
CDNS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CDNS
CDNS
SNEX
SNEX
Revenue
$1.3B
$1.2B
Net Profit
$335.7M
$139.0M
Gross Margin
Operating Margin
29.3%
15.4%
Net Margin
22.8%
11.6%
Revenue YoY
-16.1%
81.0%
Net Profit YoY
22.7%
63.3%
EPS (diluted)
$1.00
$2.50

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
SNEX
SNEX
Q1 26
$1.3B
Q4 25
$1.4B
$1.2B
Q3 25
$1.3B
$32.7B
Q2 25
$1.3B
$851.2M
Q1 25
$1.2B
$820.4M
Q4 24
$1.4B
$663.1M
Q3 24
$1.2B
$31.1B
Q2 24
$1.1B
$571.8M
Net Profit
CDNS
CDNS
SNEX
SNEX
Q1 26
$335.7M
Q4 25
$388.1M
$139.0M
Q3 25
$287.1M
$85.7M
Q2 25
$160.1M
$63.4M
Q1 25
$273.6M
$71.7M
Q4 24
$340.2M
$85.1M
Q3 24
$238.1M
$76.7M
Q2 24
$229.5M
$61.9M
Gross Margin
CDNS
CDNS
SNEX
SNEX
Q1 26
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Operating Margin
CDNS
CDNS
SNEX
SNEX
Q1 26
29.3%
Q4 25
32.2%
15.4%
Q3 25
31.8%
0.3%
Q2 25
19.0%
-1.3%
Q1 25
29.1%
-1.0%
Q4 24
33.7%
-3.2%
Q3 24
28.8%
-0.0%
Q2 24
27.7%
-4.7%
Net Margin
CDNS
CDNS
SNEX
SNEX
Q1 26
22.8%
Q4 25
27.0%
11.6%
Q3 25
21.4%
0.3%
Q2 25
12.5%
7.4%
Q1 25
22.0%
8.7%
Q4 24
25.1%
12.8%
Q3 24
19.6%
0.2%
Q2 24
21.6%
10.8%
EPS (diluted)
CDNS
CDNS
SNEX
SNEX
Q1 26
$1.00
Q4 25
$1.42
$2.50
Q3 25
$1.05
$0.72
Q2 25
$0.59
$1.22
Q1 25
$1.00
$1.41
Q4 24
$1.23
$1.69
Q3 24
$0.87
$2.32
Q2 24
$0.84
$1.25

Balance Sheet & Financial Strength

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

Metric
CDNS
CDNS
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$2.8B
$1.6B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$6.6B
$2.5B
Total Assets
$12.1B
$47.8B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDNS
CDNS
SNEX
SNEX
Q1 26
$2.8B
Q4 25
$3.2B
$1.6B
Q3 25
$2.8B
$1.6B
Q2 25
$2.8B
$1.3B
Q1 25
$2.8B
$1.3B
Q4 24
$2.8B
$1.4B
Q3 24
$2.8B
$1.3B
Q2 24
$1.1B
$1.2B
Total Debt
CDNS
CDNS
SNEX
SNEX
Q1 26
$2.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CDNS
CDNS
SNEX
SNEX
Q1 26
$6.6B
Q4 25
$5.5B
$2.5B
Q3 25
$5.2B
$2.4B
Q2 25
$5.0B
$2.0B
Q1 25
$4.8B
$1.9B
Q4 24
$4.7B
$1.8B
Q3 24
$4.6B
$1.7B
Q2 24
$4.3B
$1.6B
Total Assets
CDNS
CDNS
SNEX
SNEX
Q1 26
$12.1B
Q4 25
$10.2B
$47.8B
Q3 25
$9.6B
$45.3B
Q2 25
$9.5B
$34.3B
Q1 25
$9.0B
$31.3B
Q4 24
$9.0B
$29.6B
Q3 24
$9.2B
$27.5B
Q2 24
$7.2B
$25.9B
Debt / Equity
CDNS
CDNS
SNEX
SNEX
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
SNEX
SNEX
Operating Cash FlowLast quarter
$355.8M
$-1.3B
Free Cash FlowOCF − Capex
$464.0M
$-1.3B
FCF MarginFCF / Revenue
36.4%
-106.4%
Capex IntensityCapex / Revenue
5.1%
1.3%
Cash ConversionOCF / Net Profit
1.06×
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$1.6B
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDNS
CDNS
SNEX
SNEX
Q1 26
$355.8M
Q4 25
$553.5M
$-1.3B
Q3 25
$310.7M
$3.5B
Q2 25
$377.6M
$1.5B
Q1 25
$487.0M
$-154.5M
Q4 24
$441.4M
$-477.8M
Q3 24
$410.0M
$192.6M
Q2 24
$156.0M
$-622.1M
Free Cash Flow
CDNS
CDNS
SNEX
SNEX
Q1 26
$464.0M
Q4 25
$512.5M
$-1.3B
Q3 25
$277.0M
$3.5B
Q2 25
$333.5M
$1.5B
Q1 25
$464.0M
$-169.8M
Q4 24
$404.2M
$-491.4M
Q3 24
$383.5M
$175.9M
Q2 24
$126.8M
$-640.5M
FCF Margin
CDNS
CDNS
SNEX
SNEX
Q1 26
36.4%
Q4 25
35.6%
-106.4%
Q3 25
20.7%
10.7%
Q2 25
26.1%
173.3%
Q1 25
37.3%
-20.7%
Q4 24
29.8%
-74.1%
Q3 24
31.5%
0.6%
Q2 24
12.0%
-112.0%
Capex Intensity
CDNS
CDNS
SNEX
SNEX
Q1 26
5.1%
Q4 25
2.8%
1.3%
Q3 25
2.5%
0.1%
Q2 25
3.5%
1.9%
Q1 25
1.9%
1.9%
Q4 24
2.7%
2.1%
Q3 24
2.2%
0.1%
Q2 24
2.8%
3.2%
Cash Conversion
CDNS
CDNS
SNEX
SNEX
Q1 26
1.06×
Q4 25
1.43×
-9.08×
Q3 25
1.08×
41.18×
Q2 25
2.36×
23.52×
Q1 25
1.78×
-2.15×
Q4 24
1.30×
-5.61×
Q3 24
1.72×
2.51×
Q2 24
0.68×
-10.05×

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%

SNEX
SNEX

Segment breakdown not available.

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