Cadence Design Systems vs Snowflake
Cadence Design Systems and Snowflake are similar in size: $5.30bn and $4.68bn of revenue in their latest fiscal years. Snowflake grew faster (29.2% against 14.1%). Cadence Design Systems kept more of each dollar of sales as profit: a net margin of 20.9% against -28.4%.
| Latest fiscal year | Cadence Design SystemsCDNS, 2025 | SnowflakeSNOW, 2026 |
|---|---|---|
| Revenue | $5.30bn | $4.68bn |
| Revenue growth | 14.1% | 29.2% |
| Net income | $1.11bn | −$1.33bn |
| Operating margin | 28.2% | -30.6% |
| Net margin | 20.9% | -28.4% |
| Return on equity | 21.9% | -54.1% |
| Free cash flow | $1.59bn | $1.12bn |
| Cash | $3.00bn | $2.83bn |
| Total debt | $2.50bn | — |
| Debt to equity | 45.7% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $925m | $874m |
| Employees | 13,800 | 9,060 |
| Market value | $89.40bn | $103.98bn |
| Price vs our value range | Above our value range | — |
| Moat score | 69 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 0 buys, 116 sales | 0 buys, 342 sales |