Cadence Design Systems (CDNS) FCF Margin (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly FCF Margin came in at 36.75% in Q2 2026, up 1060.0% YoY from 3.17% in Q2 2025, and up 76.5% on a QoQ basis from 20.82% in Q1 2026.
Cadence Design Systems (CDNS) FCF Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has 18 years of FCF Margin data on file, last reported at 36.75% in Q2 2026.
- Quarterly FCF Margin rose 1060.0% year-over-year to 36.75% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 28.76% (down 239.0% YoY) and the FY2025 annual result came in at 29.96%, up 587.0% from the prior year.
- FCF Margin advanced to 36.75% in Q2 2026, from 20.82% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 40.33% in Q2 2023 to a low of 11.95% in Q2 2024.
- A 5-year average of 28.97% and a median of 30.25% in 2022 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin sank 2838 bps — and 2025, when it surged 1717 bps.
- Tracing CDNS's FCF Margin over 5 years: 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 gained by 3 bps to 36.75% in 2026.
- The last three FCF Margin figures came in at 36.75% (Q2 2026), 20.82% (Q1 2026), and 35.58% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 36.13% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 18.25% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 19.67% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 11.86% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 16.73% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 24.76% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 31.84% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 61.18% |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn | 36.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.75% |
| 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% |