CDNS vs SNPS: AI Stock Comparison
Cadence Design Systems, Inc. vs Synopsys, Inc.: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.
Tie: both score 3/5 on AI exposure under our rubric; compare the catalysts and risks below. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: Not enough tracked catalysts to compare.
| AI exposure score | ⚡⚡⚡⚡⚡ 3/5 | ⚡⚡⚡⚡⚡ 3/5 |
|---|---|---|
| Shares outstanding | 274.4M as of 2026-09-30 · 10-Q cover page · SEC filing | 191.6M as of 2026-08-24 · 10-Q cover page · SEC filing |
| Category | Memory & semicap | Memory & semicap |
| Key metrics | Revenue (latest quarter) $1.63B 10-Q period ended 2026-09-30; +22% y/y · SEC filing Operating income $428.7M Same quarter; 26% operating margin · SEC filing Net income $289.7M Same quarter · SEC filing | Revenue (latest quarter) $2.48B 10-Q period ended 2026-07-31; +42% y/y · SEC filing Gross margin 72.6% Gross profit / revenue, same quarter · SEC filing Operating income $357.5M Same quarter; 14% operating margin · SEC filing |
| Next earnings | Not yet announced / not on our calendar | |
| Next catalyst | Not yet announced / not on our calendar | |
| Upcoming catalysts | None tracked | |
| Most recent reported | Oct 26, 2026 Cadence Design Systems, Inc. reports quarterly results · source EDA demand tracks how many new AI chip designs are in flight. Revenue: $1.63B (+22% y/y), per 10-Q. | Not yet announced / not on our calendar |
| Key risks |
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| AI angle | Cadence software is used to design AI accelerators and the systems around them. More custom AI silicon means more design starts, and Cadence is also building AI into its own design tools. | Synopsys tools and IP are used across AI chip design. Growth depends on design activity at chipmakers and hyperscalers designing their own silicon. |
| Full analysis: $CDNS → | Full analysis: $SNPS → |
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