Cadence Design Systems (CDNS) FCF Margin (2009 - 2026)

Cadence Design Systems (CDNS) reported FCF Margin of 20.82% for Q1 2026, down 1652.0% on a YoY basis from 1.34% in Q1 2025, and down 41.49% quarter-over-quarter from 35.58% in Q4 2025.

Cadence Design Systems (CDNS) FCF Margin (2009 - 2026) Analysis & Trends

Cadence Design Systems has reported FCF Margin for 18 years, with the latest figure at 20.82% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 1652.0% year-over-year to 20.82%; the trailing twelve-month figure through Mar 2026 stood at 25.86% (down 241.0% YoY), and the FY2025 full-year result was 29.96%, up 587.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 20.82%, down from 35.58% in the prior quarter.
  • The five-year high for FCF Margin was 40.33% in Q2 2023, with the low at 11.95% in Q2 2024.
  • Historically, FCF Margin has averaged 28.53% across 5 years, with a median of 30.03% in 2024.
  • Annual changes were most pronounced in 2024 — FCF Margin sank 2838 bps — and 2025, when it surged 1717 bps.
  • Cadence Design Systems' FCF Margin stood at 25.19% in 2022, then retreated by 11 bps to 22.31% in 2023, then soared by 34 bps to 29.81% in 2024, then climbed by 19 bps to 35.58% in 2025, then sank by 41 bps to 20.82% in 2026.
  • The last three FCF Margin figures came in at 20.82% (Q1 2026), 35.58% (Q4 2025), and 20.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.31%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 15.02%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 58.89%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 20.82%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 41.64%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 36.83%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 31.84%
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 16.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.82%
Dec 31, 2025 35.58%
Sep 30, 2025 20.69%
Jun 30, 2025 26.15%
Mar 31, 2025 37.34%
Dec 31, 2024 29.81%
Sep 30, 2024 31.55%
Jun 30, 2024 11.95%
Mar 31, 2024 20.18%
Dec 31, 2023 22.31%
Sep 30, 2023 36.55%
Jun 30, 2023 40.33%
Mar 31, 2023 23.56%
Dec 31, 2022 25.19%
Oct 1, 2022 30.25%
Jul 2, 2022 35.04%
Apr 2, 2022 35.32%
Jan 1, 2022 30.98%
Apr 3, 2021 26.01%
Sep 26, 2020 27.95%