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CDNS vs. QNT: Cadence Design Systems vs. Quantinuum Stock Comparison

How do Cadence Design Systems (CDNS) and Quantinuum (QNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cadence Design Systems (CDNS) and Quantinuum (QNT) both fall under the Software & Services industry group, but CDNS is classified in Software while QNT is classified in IT Services.

Cadence Design Systems (CDNS) has been public since June 10, 1987, giving it decades of market history across multiple cycles, while Quantinuum (QNT) listed only on June 4, 2026 and lacks comparable through-cycle data.

Company profile comparison for Cadence Design Systems (CDNS) and Quantinuum (QNT)
Profile ItemCDNSQNT
NameCadence Design Systems, Inc.Quantinuum Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareIT Services
GICS Sub-IndustryApplication SoftwareIT Consulting & Other Services
Market Capitalization87.78 billion USD10.13 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJune 10, 1987June 4, 2026
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CDNS
QNT
GSPC
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cadence Design Systems (CDNS) and Quantinuum (QNT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cadence Design Systems (CDNS) and Quantinuum (QNT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Total Return (1Y)3.07%--
Total Return (3Y, Annualized)9.32%--
Total Return (5Y, Annualized)12.93%--

Risk Profile

Drawdown History

CDNS
QNT
GSPC
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cadence Design Systems (CDNS) and Quantinuum (QNT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Cadence Design Systems (CDNS) has a non-negative beta of 1.09.

Risk profile metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Volatility (1Y, Annualized)42.21%105.28%
Beta (5Y)1.09-2.69
Max Drawdown (5Y)-34.21%-64.15%
Avg. Volume (3M)2.41M2.01M

Risk-Adjusted Performance

Risk-Return Positioning

Both CDNS and QNT need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Sharpe Ratio (1Y)-0.03--
Sortino Ratio (1Y)-0.04--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Cadence Design Systems (CDNS) earns 22.87% on shareholders’ equity, ranked against its industry; Quantinuum (QNT) has no ROE this period.

CDNS

Software & Services industry group

22.87%

Max
53.85%
CDNS
22.87%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%

QNT

Software & Services industry group

--

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
QNT
--
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): QNT does not report ROE, so it has no value marker; CDNS is benchmarked against the Software & Services industry group.

Net Margin (TTM)

Cadence Design Systems (CDNS) at 22.52% retains a top-quartile share of revenue as profit, ahead of Quantinuum (QNT) at 0.00%, which keeps about the industry-typical share.

CDNS

Software & Services industry group

22.52%

Max
41.17%
CDNS
22.52%
Q3
15.28%
Median
4.63%
Q1
-5.42%
Min
-33.17%

QNT

Software & Services industry group

0.00%

Max
41.17%
Q3
15.28%
Median
4.63%
QNT
0.00%
Q1
-5.42%
Min
-33.17%
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Quantinuum (QNT) reports a negative operating margin of -6,939.56%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Cadence Design Systems (CDNS) reports 28.93%, ranking against industry peers normally.

CDNS

Software & Services industry group

28.93%

Max
46.89%
CDNS
28.93%
Q3
17.64%
Median
8.73%
Q1
-2.13%
Min
-30.45%

QNT

Software & Services industry group

-6,939.56%

Max
46.89%
Q3
17.64%
Median
8.73%
Q1
-2.13%
Min
-30.45%
QNT
-6,939.56%
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
ROE (TTM)22.87%--
ROA (TTM)10.52%--
Net Margin (TTM)22.52%0.00%
Operating Margin (TTM)28.93%-6,939.56%
Gross Margin (TTM)85.68%41.31%

Growth

Revenue Growth

Quantinuum (QNT) at 34.61% sits in the top revenue growth quartile, while Cadence Design Systems (CDNS) at 14.12% is closer to the peer norm — faster top-line expansion for QNT.

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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Cadence Design Systems (CDNS) reports EPS growth of 5.45%, ranked against its industry; Quantinuum (QNT) has no EPS growth figure this period.

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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Revenue Growth (YoY)14.12%34.61%
Revenue Growth (3Y CAGR)14.14%--
EPS Growth (YoY)5.45%--
EPS Growth (3Y CAGR)9.53%--

Financial Strength

Current Ratio (MRQ)

Cadence Design Systems (CDNS) at 1.36 keeps current ratio within its industry’s typical mid-range, while Quantinuum (QNT) at 15.49 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CDNS

Software & Services industry group

1.36

Max
5.11
Q3
2.77
Median
1.67
CDNS
1.36
Q1
1.01
Min
0.03

QNT

Software & Services industry group

15.49

QNT
15.49
Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Quantinuum (QNT) at 0.01 keeps leverage in the lower industry quartile, while Cadence Design Systems (CDNS) at 0.41 runs a more typical debt-to-equity mix.

CDNS

Software & Services industry group

0.41

Max
2.52
Q3
1.13
CDNS
0.41
Median
0.40
Q1
0.07
Min
0.00

QNT

Software & Services industry group

0.01

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
QNT
0.01
Min
0.00
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Current Ratio (MRQ)1.3615.49
Debt / Equity (MRQ)0.410.01
Net Debt / EBITDA0.57--

Dividends

Dividend Yield (TTM)

Neither Cadence Design Systems (CDNS) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CDNS

Software & Services industry group

0.00%

CDNS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

QNT

Software & Services industry group

0.00%

QNT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Cadence Design Systems (CDNS) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CDNS

Software & Services industry group

0.00%

CDNS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

QNT

Software & Services industry group

0.00%

QNT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Cadence Design Systems (CDNS) trades at 63.60 times trailing earnings, ranked against its peers, while Quantinuum (QNT) has no P/E ratio this period.

CDNS

Software & Services industry group

63.60

Max
112.94
CDNS
63.60
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69

QNT

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
QNT
--
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): QNT does not report P/E ratio, so it has no value marker; CDNS is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Both look expensive on sales: Cadence Design Systems (CDNS) at 14.31 sits in the upper P/S ratio quartile, and Quantinuum (QNT) at 441.11 prices even higher, above its industry range.

CDNS

Software & Services industry group

14.31

Max
17.91
CDNS
14.31
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

QNT

Software & Services industry group

441.11

QNT
441.11
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Cadence Design Systems (CDNS) at 12.77 sits in the upper P/B ratio quartile, and Quantinuum (QNT) at 64.89 prices even higher, above its industry range.

CDNS

Software & Services industry group

12.77

Max
16.63
CDNS
12.77
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90

QNT

Software & Services industry group

64.89

QNT
64.89
Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
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Cadence Design Systems (CDNS) vs. Quantinuum (QNT): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cadence Design Systems (CDNS) and Quantinuum (QNT)
MetricCDNSQNT
P/E Ratio (TTM)63.60--
P/S Ratio (TTM)14.31441.11
P/B Ratio (MRQ)12.7764.89
Free Cash Flow Yield (TTM)1.99%--