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
DateValue
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%