Cadence Design Systems (CDNS) Gross Margin (2009 - 2026)
Cadence Design Systems (CDNS) posted Gross Margin of 95.85% for Q1 2026, down 14.33% on a QoQ basis from 111.88% in Q4 2025, and down 9.0% year-over-year from 105.33% in Q1 2025.
Cadence Design Systems (CDNS) Gross Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems' Gross Margin history runs 14 years deep, the most recent figure standing at 95.85% for Q1 2026.
- Quarterly Gross Margin fell 9.0% year-over-year to 95.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 98.32% (up 561.0% YoY) and the FY2025 annual result came in at 96.16%, up 556.0% from the prior year.
- Gross Margin was 95.85% for Q1 2026 at Cadence Design Systems, down from 111.88% in the prior quarter.
- Across five years, Gross Margin topped out at 111.88% in Q4 2025 and bottomed at 77.85% in Q4 2022.
- A 5-year average of 93.27% and a median of 93.2% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 658 bps — and 2025, when it surged 2348 bps.
- Cadence Design Systems' Gross Margin stood at 77.85% in 2022, then rose by 20 bps to 93.31% in 2023, then decreased by 5 bps to 88.4% in 2024, then increased by 27 bps to 111.88% in 2025, then slipped by 14 bps to 95.85% in 2026.
- Business Quant data shows CDNS's Gross Margin at 95.85% in Q1 2026, 111.88% in Q4 2025, and 95.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 79.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.85% |
| Dec 31, 2025 | 111.88% |
| Sep 30, 2025 | 95.26% |
| Jun 30, 2025 | 89.08% |
| Mar 31, 2025 | 95.94% |
| Dec 31, 2024 | 88.40% |
| Sep 30, 2024 | 95.60% |
| Jun 30, 2024 | 91.10% |
| Mar 31, 2024 | 92.53% |
| Dec 31, 2023 | 93.31% |
| Sep 30, 2023 | 97.68% |
| Jun 30, 2023 | 97.68% |
| Mar 31, 2023 | 90.19% |
| Dec 31, 2022 | 77.85% |
| Oct 1, 2022 | 93.09% |
| Jul 2, 2022 | 97.21% |
| Apr 2, 2022 | 91.93% |
| Jan 1, 2022 | 84.36% |
| Oct 2, 2021 | 97.02% |
| Jul 3, 2021 | 97.13% |