Cadence Design Systems (CDNS) Gross Margin (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly Gross Margin came in at 88.94% in Q2 2026, down 13.0% YoY from 102.23% in Q2 2025, and down 0.73% on a QoQ basis from 89.6% in Q1 2026.
Cadence Design Systems (CDNS) Gross Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has 14 years of Gross Margin data on file, last reported at 88.94% in Q2 2026.
- Quarterly Gross Margin fell 13.0% year-over-year to 88.94% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 89.87% (up 15.0% YoY) and the FY2025 annual result came in at 90.21%, down 39.0% from the prior year.
- Gross Margin fell to 88.94% in Q2 2026, from 89.6% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.61% in Q1 2022 to a low of 88.4% in Q4 2024.
- A 5-year average of 91.3% and a median of 91.13% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 234 bps in 2024, down 491 bps in 2024.
- Tracing CDNS's Gross Margin over 5 years: stood at 92.25% in 2022, then advanced by 1 bps to 93.31% in 2023, then fell by 5 bps to 88.4% in 2024, then grew by 2 bps to 90.0% in 2025, then slipped by 1 bps to 88.94% in 2026.
- The last three Gross Margin figures came in at 88.94% (Q2 2026), 89.6% (Q1 2026), and 90.0% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn | 88.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 88.94% |
| Mar 31, 2026 | 89.60% |
| Dec 31, 2025 | 90.00% |
| Sep 30, 2025 | 91.13% |
| Jun 30, 2025 | 89.08% |
| Mar 31, 2025 | 90.61% |
| Dec 31, 2024 | 88.40% |
| Sep 30, 2024 | 90.98% |
| Jun 30, 2024 | 91.10% |
| Mar 31, 2024 | 92.53% |
| Dec 31, 2023 | 93.31% |
| Sep 30, 2023 | 91.61% |
| Jun 30, 2023 | 92.40% |
| Mar 31, 2023 | 90.19% |
| Dec 31, 2022 | 92.25% |
| Oct 1, 2022 | 93.09% |
| Jul 2, 2022 | 91.99% |
| Apr 2, 2022 | 91.93% |
| Jan 1, 2022 | 95.61% |
| Oct 2, 2021 | 92.78% |