Cadence Design Systems (CDNS) Cost of Revenue (2009 - 2026)
Cadence Design Systems (CDNS) posted Cost of Revenue of $61.2 million for Q1 2026, up 135.79% on a QoQ basis from -$171.1 million in Q4 2025, and up 21.35% year-over-year from $50.5 million in Q1 2025.
Cadence Design Systems (CDNS) Cost of Revenue (2009 - 2026) Analysis & Trends
Cadence Design Systems' Cost of Revenue history runs 14 years deep, the most recent figure standing at $61.2 million for Q1 2026.
- Quarterly Cost of Revenue rose 21.35% year-over-year to $61.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $92.9 million (down 73.86% YoY) and the FY2025 annual result came in at $203.6 million, down 53.37% from the prior year.
- Cost of Revenue was $61.2 million for Q1 2026 at Cadence Design Systems, up from -$171.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $199.3 million in Q4 2022 and bottomed at -$171.1 million in Q4 2025.
- A 5-year average of $70.4 million and a median of $67.5 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue jumped 316.8% — and 2025, when it slumped 208.81%.
- Cadence Design Systems' Cost of Revenue stood at $199.3 million in 2022, then plunged by 64.13% to $71.5 million in 2023, then surged by 119.96% to $157.2 million in 2024, then slumped by 208.81% to -$171.1 million in 2025, then soared by 135.79% to $61.2 million in 2026.
- Business Quant data shows CDNS's Cost of Revenue at $61.2 million in Q1 2026, -$171.1 million in Q4 2025, and $63.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Cadence Design Systems | 92.20 Bn | 90.80 Bn | 1.41 Bn | 61.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.24 Mn |
| Mar 31, 2026 | 61.24 Mn |
| Dec 31, 2025 | -171.10 Mn |
| Dec 31, 2025 | -171.10 Mn |
| Sep 30, 2025 | 63.49 Mn |
| Sep 30, 2025 | 63.49 Mn |
| Jun 30, 2025 | 139.30 Mn |
| Jun 30, 2025 | 139.30 Mn |
| Mar 31, 2025 | 50.46 Mn |
| Mar 31, 2025 | 50.46 Mn |
| Dec 31, 2024 | 157.25 Mn |
| Dec 31, 2024 | 157.25 Mn |
| Sep 30, 2024 | 53.45 Mn |
| Sep 30, 2024 | 53.45 Mn |
| Jun 30, 2024 | 94.36 Mn |
| Jun 30, 2024 | 94.36 Mn |
| Mar 31, 2024 | 75.40 Mn |
| Mar 31, 2024 | 75.40 Mn |
| Dec 31, 2023 | 71.49 Mn |
| Dec 31, 2023 | 71.49 Mn |