Cadence Design Systems will announce its second quarter 2026 financial results through a webcast scheduled for Monday, July 27, 2026. The presentation will provide insights into the company's performance for the quarter, led by its top executives.

Webcast Details

The webcast is set to begin at 2:00 p.m. Pacific Time. Key participants include Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. They will discuss the financial outcomes and operational highlights of the period.

Access and Replay

Investors and interested parties can access the live event online. Following the broadcast, a recording of the webcast will be available for replay at investor.cadence.com. This replay will remain accessible until the company holds its conference call to discuss third quarter 2026 financial results.

About Cadence Design Systems

Cadence Design Systems is a market leader in computational software, focusing on AI and digital twins to accelerate innovation in engineering design. The company's solutions are critical for semiconductor and systems companies developing next-generation products across various sectors, including hyperscale computing, mobile communications, automotive, and aerospace.

Cadence, a clinical AI company managing chronic care for older adults, raised $100 million in a Series C funding round led by Spark Capital. The investment aims to scale AI agents to address the needs of over 56 million older adults with chronic disease amid a deepening clinician shortage. Cadence treats more than 100,000 active patients and tripled its annual recurring revenue in 2025.

The round included participation from Thrive Capital, General Catalyst, Coatue, B Capital, Corewell Health Ventures, Memorial Hermann, and Duke Health. Will Reed, partner at Spark Capital, will join Cadence's board. The company announced new affiliations with Duke Health and Texas Health Resources, expanding its partnerships to over 20 leading health systems.

Cadence's Clinical Intelligence integrates directly into partner health systems' electronic medical records and clinical workflows. Supervised AI agents monitor patient vitals daily, support medication adjustments, and provide lifestyle coaching. The system reports a median response time of 3.5 minutes for incoming vitals alerts, with 55% resolved without human adjustment.

The company's model has demonstrated significant clinical outcomes and cost savings. Peer-reviewed studies indicate a 230% increase in heart failure patients on guideline-directed medical therapy and a 70% relative increase in blood pressure control for hypertension patients. Additionally, the model achieved a 27% reduction in hospital admissions and a $1,302 per-patient annual reduction in total cost of care.

Cadence's Remote Patient Care model returns more than $3 to Medicare for every dollar spent, saving the program roughly $2.7 million weekly. With the new capital, Cadence plans to expand across new health systems, advance its AI agents, and grow value-based care models.