Cadence Design Systems (CDNS) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.2% | +1.7% | -7.8% | +18.6% | +13.8% | +2.7% | — | — | — | — | — | — |
| 2025 | -0.9% | -15.8% | +1.5% | +17.1% | -3.6% | +7.3% | +18.3% | -3.9% | +0.2% | -3.6% | -7.9% | +0.2% |
| 2024 | +5.9% | +5.5% | +2.3% | -11.5% | +3.9% | +7.5% | -13.0% | +0.5% | +0.8% | +1.9% | +11.1% | -2.1% |
| 2023 | +13.8% | +5.5% | +8.9% | -0.3% | +10.2% | +1.6% | -0.2% | +2.7% | -2.6% | +2.4% | +13.9% | -0.3% |
| 2022 | -18.4% | -0.5% | +8.6% | -8.3% | +1.9% | -2.4% | +24.0% | -6.6% | -6.0% | -7.4% | +13.6% | -6.6% |
| 2021 | -4.4% | +8.2% | -2.9% | -3.8% | -3.6% | +7.7% | +7.9% | +10.7% | -7.4% | +14.3% | +2.5% | +5.0% |
| 2020 | +4.0% | -8.3% | -0.2% | +22.8% | +12.5% | +5.1% | +13.8% | +1.5% | -3.9% | +2.6% | +6.3% | +17.3% |
| 2019 | +10.5% | +19.2% | +10.9% | +9.2% | -8.4% | +11.4% | +4.4% | -7.3% | -3.5% | -1.1% | +7.5% | -1.3% |
| 2018 | +7.3% | -13.6% | -5.2% | +8.9% | +6.0% | +2.0% | +1.8% | +6.7% | -3.7% | -1.7% | +1.1% | -3.5% |
| 2017 | +3.2% | +18.7% | +1.6% | +3.7% | +7.9% | -4.7% | +10.2% | +6.5% | +0.5% | +9.3% | +1.7% | -4.8% |
| 2016 | -6.0% | +10.2% | +9.4% | -1.7% | +6.6% | -1.7% | -1.0% | +5.8% | +0.4% | +0.2% | +2.7% | -4.0% |
| 2015 | -5.2% | +2.1% | +0.4% | +1.1% | +6.1% | -0.7% | +6.7% | -4.5% | +3.3% | +7.4% | +0.4% | -6.7% |
| 2014 | +0.7% | +8.6% | +1.4% | +0.1% | +7.3% | +4.8% | -3.8% | +4.8% | -2.4% | +4.3% | +5.1% | +0.5% |
| 2013 | +3.1% | +1.7% | -1.6% | -0.9% | +9.6% | -4.3% | +0.7% | -7.6% | +0.3% | -4.0% | +2.2% | +5.8% |
| 2012 | +1.5% | +11.5% | +0.6% | -1.4% | -12.6% | +7.7% | +11.2% | +8.0% | -2.5% | -1.7% | +0.8% | +6.0% |
| 2011 | +5.1% | +14.6% | -2.0% | +6.5% | +3.0% | -1.2% | -2.2% | -10.6% | +0.0% | +19.8% | -1.2% | -4.9% |
| 2010 | -3.0% | -1.9% | +17.0% | +11.7% | -10.1% | -13.6% | +20.2% | -2.4% | +12.4% | +11.0% | -7.2% | +5.1% |
| 2009 | +3.3% | +11.1% | +0.0% | +32.9% | +1.3% | +4.4% | +0.0% | +6.3% | +17.1% | -16.8% | -1.8% | -0.2% |
| 2008 | -40.3% | +4.6% | +0.6% | +4.2% | +4.4% | -13.1% | -26.8% | +8.1% | -15.4% | -39.8% | -5.2% | -5.2% |
| 2007 | +5.6% | +5.4% | +5.6% | +5.4% | +2.3% | -3.3% | -2.6% | +1.5% | +2.2% | -11.7% | -15.3% | +2.5% |
| 2006 | +4.4% | +0.5% | +4.2% | +2.4% | -4.7% | -5.1% | -5.5% | +1.6% | +3.2% | +5.3% | +2.9% | -2.6% |
| 2005 | -3.5% | +3.4% | +8.5% | -6.4% | -0.2% | -2.2% | +17.8% | -0.5% | +0.9% | -1.1% | +7.1% | -1.2% |
| 2004 | -7.8% | -6.9% | -4.5% | -13.0% | +8.0% | +5.7% | -7.9% | -7.7% | +4.9% | -4.6% | +10.5% | +0.5% |
| 2003 | -15.9% | +6.8% | -5.6% | +14.3% | +21.6% | -13.2% | +13.3% | +4.0% | -5.8% | +14.9% | +8.7% | +7.5% |
| 2002 | +8.1% | -10.8% | +6.9% | -9.4% | -6.0% | -16.3% | -22.8% | +8.2% | -24.5% | -0.4% | +42.3% | -18.2% |
| 2001 | +7.2% | -14.0% | -27.1% | +12.0% | +2.2% | -11.9% | +18.4% | -0.4% | -24.2% | +27.0% | +12.8% | -8.1% |
| 2000 | -14.0% | -3.3% | +3.5% | -18.5% | -4.8% | +27.4% | +2.5% | +1.8% | +20.9% | +0.0% | -8.8% | +17.3% |
| 1999 | +7.6% | -24.8% | +7.0% | -47.3% | -5.0% | -1.9% | -16.4% | +29.1% | -1.8% | +13.5% | +16.9% | +35.2% |
| 1998 | +14.3% | +24.8% | -0.9% | +4.9% | -2.9% | -11.3% | -7.8% | -26.7% | +21.0% | -17.8% | +34.0% | +5.8% |
| 1997 | -3.1% | -3.6% | -6.5% | -7.2% | +3.9% | +0.7% | +32.7% | +7.0% | +12.5% | -0.4% | -5.2% | -3.0% |
| 1996 | -6.9% | +14.1% | -1.1% | +18.4% | +8.6% | -10.8% | -9.7% | -2.9% | +21.5% | +1.4% | +9.3% | -1.0% |
| 1995 | +6.1% | +17.1% | +3.5% | +20.7% | -6.6% | +8.7% | +16.2% | -3.9% | +8.2% | +23.3% | +11.6% | +16.7% |
| 1994 | -5.4% | +18.4% | +7.6% | +3.5% | +2.8% | +12.4% | -15.6% | +15.9% | +10.7% | +10.2% | +3.2% | +0.0% |
| 1993 | +3.6% | -12.4% | -45.9% | -11.6% | +29.6% | +13.5% | -11.9% | -1.1% | -11.7% | +10.7% | -4.3% | +4.5% |
| 1992 | +9.5% | -4.1% | -23.2% | +28.4% | -8.1% | -14.7% | -6.8% | +2.1% | -10.4% | +8.0% | +12.0% | +1.7% |
| 1991 | +8.3% | +14.1% | +3.8% | -18.8% | -6.1% | -24.1% | -11.2% | +23.7% | -8.3% | +28.0% | -10.8% | +23.2% |
| 1990 | -10.0% | +19.5% | +6.1% | -5.8% | +21.5% | -1.8% | +1.3% | -21.7% | -19.1% | -7.2% | +23.0% | +19.6% |
| 1989 | +25.6% | -6.4% | +9.5% | +12.1% | +13.0% | -17.6% | -0.9% | +8.4% | +8.6% | +10.5% | +1.4% | +7.5% |
| 1988 | +4.5% | +18.0% | +1.8% | +23.4% | -15.0% | -3.4% | +11.8% | -1.6% | +15.1% | -6.5% | -11.0% | +40.4% |
| 1987 | — | — | — | — | — | — | +11.6% | +17.1% | +7.3% | -31.1% | -29.6% | +33.0% |
| Avg | +0.3% | +3.6% | -0.1% | +3.0% | +2.8% | -1.4% | +2.0% | +1.9% | +0.5% | +1.8% | +4.0% | +4.7% |
| Median | +3.2% | +4.6% | +1.5% | +3.5% | +2.8% | -1.7% | +0.7% | +1.6% | +0.3% | +1.4% | +2.7% | +0.5% |
| Last 5Y Avg | -1.0% | -0.7% | +2.7% | +3.1% | +5.2% | +4.3% | +7.4% | +0.7% | -3.0% | +1.5% | +6.7% | -0.8% |
| Std Dev (σ) | 11.0% | 11.7% | 11.1% | 15.1% | 9.6% | 10.3% | 13.2% | 10.3% | 11.3% | 13.7% | 12.8% | 12.4% |
| Consistency (μ/σ) | 0.03 | 0.30 | -0.01 | 0.20 | 0.29 | -0.13 | 0.15 | 0.18 | 0.04 | 0.13 | 0.31 | 0.38 |
| Win Rate (%) | 59% | 64% | 62% | 59% | 62% | 42% | 51% | 59% | 54% | 54% | 69% | 54% |
| Winning / Losing Months | ▲23▼16 | ▲25▼14 | ▲24▼15 | ▲23▼16 | ▲24▼15 | ▲16▼22 | ▲20▼19 | ▲23▼16 | ▲21▼18 | ▲21▼18 | ▲27▼12 | ▲21▼18 |
| Longest Win / Loss Streak | ▲4▼3 | ▲7▼4 | ▲4▼3 | ▲6▼4 | ▲6▼3 | ▲4▼5 | ▲6▼4 | ▲4▼2 | ▲5▼6 | ▲6▼3 | ▲13▼5 | ▲7▼5 |
| Best | +25.6%in January 1989 | +24.8%in February 1998 | +17.0%in March 2010 | +32.9%in April 2009 | +29.6%in May 1993 | +27.4%in June 2000 | +32.7%in July 1997 | +29.1%in August 1999 | +21.5%in September 1996 | +28.0%in October 1991 | +42.3%in November 2002 | +40.4%in December 1988 |
| Worst | -40.3%in January 2008 | -24.8%in February 1999 | -45.9%in March 1993 | -47.3%in April 1999 | -15.0%in May 1988 | -24.1%in June 1991 | -26.8%in July 2008 | -26.7%in August 1998 | -24.5%in September 2002 | -39.8%in October 2008 | -29.6%in November 1987 | -18.2%in December 2002 |
−47.3%+42.3%
2026
Jan-5.2%
Feb+1.7%
Mar-7.8%
Apr+18.6%
May+13.8%
Jun+2.7%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-0.9%
Feb-15.8%
Mar+1.5%
Apr+17.1%
May-3.6%
Jun+7.3%
Jul+18.3%
Aug-3.9%
Sep+0.2%
Oct-3.6%
Nov-7.9%
Dec+0.2%
2024
Jan+5.9%
Feb+5.5%
Mar+2.3%
Apr-11.5%
May+3.9%
Jun+7.5%
Jul-13.0%
Aug+0.5%
Sep+0.8%
Oct+1.9%
Nov+11.1%
Dec-2.1%
2023
Jan+13.8%
Feb+5.5%
Mar+8.9%
Apr-0.3%
May+10.2%
Jun+1.6%
Jul-0.2%
Aug+2.7%
Sep-2.6%
Oct+2.4%
Nov+13.9%
Dec-0.3%
2022
Jan-18.4%
Feb-0.5%
Mar+8.6%
Apr-8.3%
May+1.9%
Jun-2.4%
Jul+24.0%
Aug-6.6%
Sep-6.0%
Oct-7.4%
Nov+13.6%
Dec-6.6%
2021
Jan-4.4%
Feb+8.2%
Mar-2.9%
Apr-3.8%
May-3.6%
Jun+7.7%
Jul+7.9%
Aug+10.7%
Sep-7.4%
Oct+14.3%
Nov+2.5%
Dec+5.0%
2020
Jan+4.0%
Feb-8.3%
Mar-0.2%
Apr+22.8%
May+12.5%
Jun+5.1%
Jul+13.8%
Aug+1.5%
Sep-3.9%
Oct+2.6%
Nov+6.3%
Dec+17.3%
2019
Jan+10.5%
Feb+19.2%
Mar+10.9%
Apr+9.2%
May-8.4%
Jun+11.4%
Jul+4.4%
Aug-7.3%
Sep-3.5%
Oct-1.1%
Nov+7.5%
Dec-1.3%
2018
Jan+7.3%
Feb-13.6%
Mar-5.2%
Apr+8.9%
May+6.0%
Jun+2.0%
Jul+1.8%
Aug+6.7%
Sep-3.7%
Oct-1.7%
Nov+1.1%
Dec-3.5%
2017
Jan+3.2%
Feb+18.7%
Mar+1.6%
Apr+3.7%
May+7.9%
Jun-4.7%
Jul+10.2%
Aug+6.5%
Sep+0.5%
Oct+9.3%
Nov+1.7%
Dec-4.8%
2016
Jan-6.0%
Feb+10.2%
Mar+9.4%
Apr-1.7%
May+6.6%
Jun-1.7%
Jul-1.0%
Aug+5.8%
Sep+0.4%
Oct+0.2%
Nov+2.7%
Dec-4.0%
2015
Jan-5.2%
Feb+2.1%
Mar+0.4%
Apr+1.1%
May+6.1%
Jun-0.7%
Jul+6.7%
Aug-4.5%
Sep+3.3%
Oct+7.4%
Nov+0.4%
Dec-6.7%
2014
Jan+0.7%
Feb+8.6%
Mar+1.4%
Apr+0.1%
May+7.3%
Jun+4.8%
Jul-3.8%
Aug+4.8%
Sep-2.4%
Oct+4.3%
Nov+5.1%
Dec+0.5%
2013
Jan+3.1%
Feb+1.7%
Mar-1.6%
Apr-0.9%
May+9.6%
Jun-4.3%
Jul+0.7%
Aug-7.6%
Sep+0.3%
Oct-4.0%
Nov+2.2%
Dec+5.8%
2012
Jan+1.5%
Feb+11.5%
Mar+0.6%
Apr-1.4%
May-12.6%
Jun+7.7%
Jul+11.2%
Aug+8.0%
Sep-2.5%
Oct-1.7%
Nov+0.8%
Dec+6.0%
2011
Jan+5.1%
Feb+14.6%
Mar-2.0%
Apr+6.5%
May+3.0%
Jun-1.2%
Jul-2.2%
Aug-10.6%
Sep+0.0%
Oct+19.8%
Nov-1.2%
Dec-4.9%
2010
Jan-3.0%
Feb-1.9%
Mar+17.0%
Apr+11.7%
May-10.1%
Jun-13.6%
Jul+20.2%
Aug-2.4%
Sep+12.4%
Oct+11.0%
Nov-7.2%
Dec+5.1%
2009
Jan+3.3%
Feb+11.1%
Mar+0.0%
Apr+32.9%
May+1.3%
Jun+4.4%
Jul+0.0%
Aug+6.3%
Sep+17.1%
Oct-16.8%
Nov-1.8%
Dec-0.2%
2008
Jan-40.3%
Feb+4.6%
Mar+0.6%
Apr+4.2%
May+4.4%
Jun-13.1%
Jul-26.8%
Aug+8.1%
Sep-15.4%
Oct-39.8%
Nov-5.2%
Dec-5.2%
2007
Jan+5.6%
Feb+5.4%
Mar+5.6%
Apr+5.4%
May+2.3%
Jun-3.3%
Jul-2.6%
Aug+1.5%
Sep+2.2%
Oct-11.7%
Nov-15.3%
Dec+2.5%
2006
Jan+4.4%
Feb+0.5%
Mar+4.2%
Apr+2.4%
May-4.7%
Jun-5.1%
Jul-5.5%
Aug+1.6%
Sep+3.2%
Oct+5.3%
Nov+2.9%
Dec-2.6%
2005
Jan-3.5%
Feb+3.4%
Mar+8.5%
Apr-6.4%
May-0.2%
Jun-2.2%
Jul+17.8%
Aug-0.5%
Sep+0.9%
Oct-1.1%
Nov+7.1%
Dec-1.2%
2004
Jan-7.8%
Feb-6.9%
Mar-4.5%
Apr-13.0%
May+8.0%
Jun+5.7%
Jul-7.9%
Aug-7.7%
Sep+4.9%
Oct-4.6%
Nov+10.5%
Dec+0.5%
2003
Jan-15.9%
Feb+6.8%
Mar-5.6%
Apr+14.3%
May+21.6%
Jun-13.2%
Jul+13.3%
Aug+4.0%
Sep-5.8%
Oct+14.9%
Nov+8.7%
Dec+7.5%
2002
Jan+8.1%
Feb-10.8%
Mar+6.9%
Apr-9.4%
May-6.0%
Jun-16.3%
Jul-22.8%
Aug+8.2%
Sep-24.5%
Oct-0.4%
Nov+42.3%
Dec-18.2%
2001
Jan+7.2%
Feb-14.0%
Mar-27.1%
Apr+12.0%
May+2.2%
Jun-11.9%
Jul+18.4%
Aug-0.4%
Sep-24.2%
Oct+27.0%
Nov+12.8%
Dec-8.1%
2000
Jan-14.0%
Feb-3.3%
Mar+3.5%
Apr-18.5%
May-4.8%
Jun+27.4%
Jul+2.5%
Aug+1.8%
Sep+20.9%
Oct+0.0%
Nov-8.8%
Dec+17.3%
1999
Jan+7.6%
Feb-24.8%
Mar+7.0%
Apr-47.3%
May-5.0%
Jun-1.9%
Jul-16.4%
Aug+29.1%
Sep-1.8%
Oct+13.5%
Nov+16.9%
Dec+35.2%
1998
Jan+14.3%
Feb+24.8%
Mar-0.9%
Apr+4.9%
May-2.9%
Jun-11.3%
Jul-7.8%
Aug-26.7%
Sep+21.0%
Oct-17.8%
Nov+34.0%
Dec+5.8%
1997
Jan-3.1%
Feb-3.6%
Mar-6.5%
Apr-7.2%
May+3.9%
Jun+0.7%
Jul+32.7%
Aug+7.0%
Sep+12.5%
Oct-0.4%
Nov-5.2%
Dec-3.0%
1996
Jan-6.9%
Feb+14.1%
Mar-1.1%
Apr+18.4%
May+8.6%
Jun-10.8%
Jul-9.7%
Aug-2.9%
Sep+21.5%
Oct+1.4%
Nov+9.3%
Dec-1.0%
1995
Jan+6.1%
Feb+17.1%
Mar+3.5%
Apr+20.7%
May-6.6%
Jun+8.7%
Jul+16.2%
Aug-3.9%
Sep+8.2%
Oct+23.3%
Nov+11.6%
Dec+16.7%
1994
Jan-5.4%
Feb+18.4%
Mar+7.6%
Apr+3.5%
May+2.8%
Jun+12.4%
Jul-15.6%
Aug+15.9%
Sep+10.7%
Oct+10.2%
Nov+3.2%
Dec+0.0%
1993
Jan+3.6%
Feb-12.4%
Mar-45.9%
Apr-11.6%
May+29.6%
Jun+13.5%
Jul-11.9%
Aug-1.1%
Sep-11.7%
Oct+10.7%
Nov-4.3%
Dec+4.5%
1992
Jan+9.5%
Feb-4.1%
Mar-23.2%
Apr+28.4%
May-8.1%
Jun-14.7%
Jul-6.8%
Aug+2.1%
Sep-10.4%
Oct+8.0%
Nov+12.0%
Dec+1.7%
1991
Jan+8.3%
Feb+14.1%
Mar+3.8%
Apr-18.8%
May-6.1%
Jun-24.1%
Jul-11.2%
Aug+23.7%
Sep-8.3%
Oct+28.0%
Nov-10.8%
Dec+23.2%
1990
Jan-10.0%
Feb+19.5%
Mar+6.1%
Apr-5.8%
May+21.5%
Jun-1.8%
Jul+1.3%
Aug-21.7%
Sep-19.1%
Oct-7.2%
Nov+23.0%
Dec+19.6%
1989
Jan+25.6%
Feb-6.4%
Mar+9.5%
Apr+12.1%
May+13.0%
Jun-17.6%
Jul-0.9%
Aug+8.4%
Sep+8.6%
Oct+10.5%
Nov+1.4%
Dec+7.5%
1988
Jan+4.5%
Feb+18.0%
Mar+1.8%
Apr+23.4%
May-15.0%
Jun-3.4%
Jul+11.8%
Aug-1.6%
Sep+15.1%
Oct-6.5%
Nov-11.0%
Dec+40.4%
1987
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul+11.6%
Aug+17.1%
Sep+7.3%
Oct-31.1%
Nov-29.6%
Dec+33.0%
Avg
Jan+0.3%
Feb+3.6%
Mar-0.1%
Apr+3.0%
May+2.8%
Jun-1.4%
Jul+2.0%
Aug+1.9%
Sep+0.5%
Oct+1.8%
Nov+4.0%
Dec+4.7%
Median
Jan+3.2%
Feb+4.6%
Mar+1.5%
Apr+3.5%
May+2.8%
Jun-1.7%
Jul+0.7%
Aug+1.6%
Sep+0.3%
Oct+1.4%
Nov+2.7%
Dec+0.5%
Last 5Y Avg
Jan-1.0%
Feb-0.7%
Mar+2.7%
Apr+3.1%
May+5.2%
Jun+4.3%
Jul+7.4%
Aug+0.7%
Sep-3.0%
Oct+1.5%
Nov+6.7%
Dec-0.8%
Std Dev (σ)
Jan11.0%
Feb11.7%
Mar11.1%
Apr15.1%
May9.6%
Jun10.3%
Jul13.2%
Aug10.3%
Sep11.3%
Oct13.7%
Nov12.8%
Dec12.4%
Consistency (μ/σ)
Jan0.03
Feb0.30
Mar-0.01
Apr0.20
May0.29
Jun-0.13
Jul0.15
Aug0.18
Sep0.04
Oct0.13
Nov0.31
Dec0.38
Win Rate (%)
Jan59%
Feb64%
Mar62%
Apr59%
May62%
Jun42%
Jul51%
Aug59%
Sep54%
Oct54%
Nov69%
Dec54%
Winning / Losing Months
Jan▲23▼16
Feb▲25▼14
Mar▲24▼15
Apr▲23▼16
May▲24▼15
Jun▲16▼22
Jul▲20▼19
Aug▲23▼16
Sep▲21▼18
Oct▲21▼18
Nov▲27▼12
Dec▲21▼18
Longest Win / Loss Streak
Jan▲4▼3
Feb▲7▼4
Mar▲4▼3
Apr▲6▼4
May▲6▼3
Jun▲4▼5
Jul▲6▼4
Aug▲4▼2
Sep▲5▼6
Oct▲6▼3
Nov▲13▼5
Dec▲7▼5
Best
Jan+25.6%1989
Feb+24.8%1998
Mar+17.0%2010
Apr+32.9%2009
May+29.6%1993
Jun+27.4%2000
Jul+32.7%1997
Aug+29.1%1999
Sep+21.5%1996
Oct+28.0%1991
Nov+42.3%2002
Dec+40.4%1988
Worst
Jan-40.3%2008
Feb-24.8%1999
Mar-45.9%1993
Apr-47.3%1999
May-15.0%1988
Jun-24.1%1991
Jul-26.8%2008
Aug-26.7%1998
Sep-24.5%2002
Oct-39.8%2008
Nov-29.6%1987
Dec-18.2%2002
−47.3%+42.3%
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Cadence Design Systems (CDNS) Key Financials
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Income Statement
Balance Sheet
Cash Flow
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