Cadence Design Systems (CDNS) Net Margin (2009 - 2026)
Cadence Design Systems (CDNS) reported Net Margin of 22.77% for Q1 2026, up 75.0% on a YoY basis from 13.01% in Q1 2025, and down 15.52% quarter-over-quarter from 26.95% in Q4 2025.
Cadence Design Systems (CDNS) Net Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems has reported Net Margin for 18 years, with the latest figure at 22.77% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 75.0% year-over-year to 22.77%; the trailing twelve-month figure through Mar 2026 stood at 21.18% (down 100.0% YoY), and the FY2025 full-year result was 20.94%, down 181.0% from the prior year.
- Net Margin for Q1 2026 stood at 22.77%, down from 26.95% in the prior quarter.
- The five-year high for Net Margin was 30.31% in Q4 2023, with the low at 12.55% in Q2 2025.
- Historically, Net Margin has averaged 23.31% across 5 years, with a median of 23.22% in 2023.
- Annual changes were most pronounced in 2023 — Net Margin jumped 422 bps — and 2025, when it slumped 909 bps.
- Cadence Design Systems' Net Margin stood at 26.71% in 2022, then climbed by 13 bps to 30.31% in 2023, then fell by 17 bps to 25.09% in 2024, then grew by 7 bps to 26.95% in 2025, then fell by 16 bps to 22.77% in 2026.
- The last three Net Margin figures came in at 22.77% (Q1 2026), 26.95% (Q4 2025), and 21.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -21.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.77% |
| Dec 31, 2025 | 26.95% |
| Sep 30, 2025 | 21.45% |
| Jun 30, 2025 | 12.55% |
| Mar 31, 2025 | 22.02% |
| Dec 31, 2024 | 25.09% |
| Sep 30, 2024 | 19.59% |
| Jun 30, 2024 | 21.64% |
| Mar 31, 2024 | 24.54% |
| Dec 31, 2023 | 30.31% |
| Sep 30, 2023 | 24.86% |
| Jun 30, 2023 | 22.64% |
| Mar 31, 2023 | 23.67% |
| Dec 31, 2022 | 26.71% |
| Oct 1, 2022 | 20.64% |
| Jul 2, 2022 | 21.80% |
| Apr 2, 2022 | 26.10% |
| Jan 1, 2022 | 26.20% |
| Oct 2, 2021 | 23.48% |
| Jul 3, 2021 | 21.41% |