Name: Cadence Design Systems Inc. (NASDAQ:CDNS) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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Cadence Design Systems Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Dec 31, 2021	Oct 2, 2021	Jul 3, 2021	Apr 3, 2021
Cash and cash equivalents	1,452,020)	1,440,443)	1,406,668)	3,001,317)	2,753,246)	2,822,762)	2,777,674)	2,644,030)	2,786,040)	1,058,955)	1,012,418)	1,008,152)	961,982)	873,925)	916,963)	882,325)	1,026,051)	1,029,544)	1,134,752)	1,088,940)	1,013,819)	847,160)	742,981)
Receivables, net	1,110,591)	1,065,023)	1,033,814)	944,939)	755,265)	670,166)	580,887)	680,460)	560,973)	564,851)	389,865)	489,224)	426,505)	440,915)	488,237)	486,710)	391,181)	391,738)	361,789)	337,596)	327,191)	389,986)	388,666)
Inventories	448,824)	390,378)	317,951)	303,545)	286,193)	226,162)	225,621)	257,711)	293,350)	171,508)	185,784)	181,661)	163,693)	139,576)	127,566)	128,005)	114,283)	106,372)	110,213)	115,721)	101,575)	90,479)	76,592)
Prepaid expenses and other	342,452)	326,049)	421,967)	419,872)	492,336)	503,453)	413,905)	433,878)	459,560)	401,074)	341,865)	297,180)	272,283)	188,634)	165,778)	209,727)	138,968)	129,966)	128,143)	173,512)	100,428)	129,442)	141,490)
Current assets	3,353,887)	3,221,893)	3,180,400)	4,669,673)	4,287,040)	4,222,543)	3,998,087)	4,016,079)	4,099,923)	2,196,388)	1,929,932)	1,976,217)	1,824,463)	1,643,050)	1,698,544)	1,706,767)	1,670,483)	1,657,620)	1,734,897)	1,715,769)	1,543,013)	1,457,067)	1,349,729)
Property, plant and equipment, net	603,189)	560,161)	536,903)	517,004)	494,701)	482,131)	466,322)	458,200)	448,652)	449,422)	433,016)	403,213)	379,776)	370,193)	372,956)	371,451)	348,238)	316,741)	310,690)	305,911)	303,313)	301,979)	305,089)
Goodwill	4,926,955)	4,914,788)	4,929,581)	2,749,143)	2,644,910)	2,599,798)	2,419,717)	2,378,671)	2,493,467)	2,417,747)	1,575,107)	1,535,845)	1,500,442)	1,428,772)	1,377,625)	1,374,268)	1,348,494)	924,460)	923,719)	928,358)	925,949)	929,525)	912,603)
Acquired intangibles, net	1,792,006)	1,874,455)	1,933,262)	718,223)	672,508)	618,952)	584,228)	594,734)	662,343)	664,038)	334,644)	336,843)	347,617)	340,742)	341,738)	354,617)	353,912)	215,781)	219,110)	233,265)	247,628)	264,789)	264,671)
Deferred taxes	789,077)	832,566)	843,209)	917,733)	892,568)	980,223)	986,191)	982,057)	889,939)	892,963)	886,576)	880,001)	874,805)	872,151)	864,750)	853,691)	783,315)	802,886)	787,111)	763,770)	766,036)	729,790)	729,296)
Other assets	759,660)	676,462)	674,999)	581,372)	607,544)	605,051)	558,941)	544,741)	572,707)	605,183)	562,855)	537,372)	504,272)	500,216)	516,006)	476,277)	463,645)	443,786)	419,540)	439,226)	427,936)	439,398)	437,571)
Long-term assets	8,870,887)	8,858,432)	8,917,954)	5,483,475)	5,312,231)	5,286,155)	5,015,399)	4,958,403)	5,067,108)	5,029,353)	3,792,198)	3,693,274)	3,606,912)	3,512,074)	3,473,075)	3,430,304)	3,297,604)	2,703,654)	2,660,170)	2,670,530)	2,670,862)	2,665,481)	2,649,230)
Total assets	12,224,774)	12,080,325)	12,098,354)	10,153,148)	9,599,271)	9,508,698)	9,013,486)	8,974,482)	9,167,031)	7,225,741)	5,722,130)	5,669,491)	5,431,375)	5,155,124)	5,171,619)	5,137,071)	4,968,087)	4,361,274)	4,395,067)	4,386,299)	4,213,875)	4,122,548)	3,998,959)

Total assets exhibit a substantial upward trajectory, growing from approximately 3.99 billion USD in April 2021 to 12.22 billion USD by September 2026. This expansion is characterized by two distinct phases: a period of steady organic growth followed by aggressive inorganic expansion through acquisitions, resulting in a significant increase in both current and long-term asset bases.

Liquidity and Current Asset Trends: Current assets increased from 1.35 billion USD in early 2021 to a peak of 4.67 billion USD in December 2025, before settling at 3.35 billion USD by September 2026. A notable surge in cash and cash equivalents occurred between June 2024 and December 2025, where balances rose from 1.06 billion USD to over 3 billion USD. However, a sharp contraction in cash is observed in March 2026, dropping to 1.41 billion USD, which coincides with a massive increase in long-term intangible assets.; Receivables, net, show a consistent long-term growth pattern, rising from 388.7 million USD in April 2021 to 1.11 billion USD in September 2026, suggesting a steady increase in sales volume and credit extension. Inventories also climbed steadily from 76.6 million USD to 448.8 million USD over the same period, reflecting an expansion of operational scale.
Long-term Asset Expansion and M&A Activity: Long-term assets grew from 2.65 billion USD in April 2021 to 8.87 billion USD in September 2026. The primary drivers of this growth are Goodwill and Acquired Intangibles. Goodwill experienced step-function increases, most notably jumping from 2.75 billion USD in December 2025 to 4.93 billion USD in March 2026. Similarly, Acquired Intangibles rose from 718.2 million USD in December 2025 to 1.93 billion USD in March 2026.; These simultaneous spikes in Goodwill and Intangibles, coupled with the decline in cash reserves during the first quarter of 2026, indicate a large-scale acquisition. Property, plant, and equipment, net, demonstrated a more linear increase, growing from 305.1 million USD in April 2021 to 603.2 million USD in September 2026, indicating consistent investment in physical infrastructure.
Asset Composition and Structural Shifts: The composition of the balance sheet has shifted heavily toward intangible assets. In April 2021, Goodwill and Intangibles combined for approximately 29% of total assets; by September 2026, these two items accounted for approximately 54% of the total asset base.; Deferred taxes remained relatively stable throughout the period, fluctuating between 729 million USD and 986 million USD, suggesting that tax-related asset adjustments did not contribute significantly to the overall growth in the balance sheet compared to operational and acquisition-related drivers.

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Cadence Design Systems Inc. (NASDAQ:CDNS)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data