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
DateValue
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