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
DateValue
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%