Cadence Design Systems (CDNS) Cost of Revenue (2009 - 2026)
Cadence Design Systems' Cost of Revenue was $239.32 million in Q2 2026, up 29.9% from $184.17 million a year earlier and up 11.5% from the prior quarter.
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Analysis
Cadence Design Systems (CDNS) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cadence Design Systems' Cost of Revenue was $824.81 million through Jun 30, 2026, up 12.3% year-over-year; for FY2025, it was $722.25 million, up 11.5% from FY2024.
- Cost of Revenue has now increased for four consecutive years, with a four-year compound annual growth rate of 23.8% (FY2021 to FY2025).
- In earlier years, Cost of Revenue was $647.5 million in FY2024 (+48.8%), $435.04 million in FY2023 (+17.1%), $371.62 million in FY2022 (+21.0%) and $307.01 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Cost of Revenue in data going back to Q4 2010.
- Compared with a year earlier, Cost of Revenue was higher in seven of the last eight quarters, with growth averaging 35.2%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2024 (growth of 111.3%); the worst was Q4 2025 (a decline of 14.2%).
- Per Business Quant data, CDNS's Cost of Revenue in the three quarters before Q2 2026 was $214.55 million (Q1 2026), $188.75 million (Q4 2025) and $182.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | 7.18 Bn |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | 5.45 Bn |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 4.53 Bn |
| 10 | Cadence Design Systems | 89.00 Bn | 80.40 Bn | 1.35 Bn | 239.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 239.32 Mn |
| Mar 31, 2026 | 214.55 Mn |
| Dec 31, 2025 | 188.75 Mn |
| Sep 30, 2025 | 182.20 Mn |
| Jun 30, 2025 | 184.17 Mn |
| Mar 31, 2025 | 167.13 Mn |
| Dec 31, 2024 | 219.99 Mn |
| Sep 30, 2024 | 163.04 Mn |
| Jun 30, 2024 | 139.27 Mn |
| Mar 31, 2024 | 125.20 Mn |
| Dec 31, 2023 | 104.13 Mn |
| Sep 30, 2023 | 109.58 Mn |
| Jun 30, 2023 | 96.86 Mn |
| Mar 31, 2023 | 124.47 Mn |
| Dec 31, 2022 | 93.52 Mn |
| Oct 1, 2022 | 87.60 Mn |
| Jul 2, 2022 | 92.67 Mn |
| Apr 2, 2022 | 97.84 Mn |
| Jan 1, 2022 | 75.04 Mn |
| Oct 2, 2021 | 76.59 Mn |
API Access
Cadence Design Systems Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CDNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CDNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CDNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();