Cadence Design Systems (CDNS) Gross Margin (2009 - 2026)
Cadence Design Systems (CDNS) reported Gross Margin of 85.65% for Q1 2026, up 197.0% on a YoY basis from 28.84% in Q1 2025, and little changed quarter-over-quarter from 85.64% in Q4 2025.
Cadence Design Systems (CDNS) Gross Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems has reported Gross Margin for 18 years, with the latest figure at 85.65% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 197.0% year-over-year to 85.65%; the trailing twelve-month figure through Mar 2026 stood at 85.32% (up 132.0% YoY), and the FY2025 full-year result was 84.85%, up 117.0% from the prior year.
- Gross Margin for Q1 2026 stood at 85.65%, roughly flat from 85.64% in the prior quarter.
- The five-year high for Gross Margin was 85.65% in Q1 2026, with the low at 80.91% in Q4 2022.
- Historically, Gross Margin has averaged 83.65% across 5 years, with a median of 83.69% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 250 bps — and 2024, when it tumbled 158 bps.
- Cadence Design Systems' Gross Margin stood at 80.91% in 2022, then increased by 3 bps to 83.12% in 2023, then grew by 3 bps to 85.22% in 2024, then grew by 0 bps to 85.64% in 2025, then rose by 0 bps to 85.65% in 2026.
- The last three Gross Margin figures came in at 85.65% (Q1 2026), 85.64% (Q4 2025), and 85.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 66.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.65% |
| Dec 31, 2025 | 85.64% |
| Sep 30, 2025 | 85.62% |
| Jun 30, 2025 | 84.27% |
| Mar 31, 2025 | 83.68% |
| Dec 31, 2024 | 85.22% |
| Sep 30, 2024 | 84.39% |
| Jun 30, 2024 | 82.40% |
| Mar 31, 2024 | 82.10% |
| Dec 31, 2023 | 83.12% |
| Sep 30, 2023 | 82.78% |
| Jun 30, 2023 | 82.89% |
| Mar 31, 2023 | 83.69% |
| Dec 31, 2022 | 80.91% |
| Oct 1, 2022 | 83.06% |
| Jul 2, 2022 | 83.76% |
| Apr 2, 2022 | 84.45% |
| Jan 1, 2022 | 82.14% |
| Oct 2, 2021 | 80.90% |
| Jul 3, 2021 | 81.33% |