Cadence Design Systems (CDNS) Operating Margin (2009 - 2026)

Cadence Design Systems (CDNS) posted Operating Margin of 29.26% for Q1 2026, down 9.06% on a QoQ basis from 32.17% in Q4 2025, and up 16.0% year-over-year from 25.22% in Q1 2025.

Cadence Design Systems (CDNS) Operating Margin (2009 - 2026) Analysis & Trends

Cadence Design Systems' Operating Margin history runs 18 years deep, the most recent figure standing at 29.26% for Q1 2026.

  • Quarterly Operating Margin rose 16.0% year-over-year to 29.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.25% (down 175.0% YoY) and the FY2025 annual result came in at 28.17%, down 93.0% from the prior year.
  • Operating Margin was 29.26% for Q1 2026 at Cadence Design Systems, down from 32.17% in the prior quarter.
  • Across five years, Operating Margin topped out at 35.37% in Q2 2022 and bottomed at 18.96% in Q2 2025.
  • A 5-year average of 29.4% and a median of 29.58% in 2022 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2023 — Operating Margin soared 803 bps — and 2025, when it slumped 875 bps.
  • Cadence Design Systems' Operating Margin stood at 23.46% in 2022, then surged by 34 bps to 31.49% in 2023, then advanced by 7 bps to 33.69% in 2024, then slipped by 5 bps to 32.17% in 2025, then dropped by 9 bps to 29.26% in 2026.
  • Business Quant data shows CDNS's Operating Margin at 29.26% in Q1 2026, 32.17% in Q4 2025, and 31.77% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.05%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 14.56%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 21.08%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 4.06%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -22.99%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -23.45%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 29.26%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 0.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.26%
Dec 31, 2025 32.17%
Sep 30, 2025 31.77%
Jun 30, 2025 18.96%
Mar 31, 2025 29.10%
Dec 31, 2024 33.69%
Sep 30, 2024 28.80%
Jun 30, 2024 27.71%
Mar 31, 2024 24.77%
Dec 31, 2023 31.49%
Sep 30, 2023 28.63%
Jun 30, 2023 30.65%
Mar 31, 2023 31.56%
Dec 31, 2022 23.46%
Oct 1, 2022 28.89%
Jul 2, 2022 32.99%
Apr 2, 2022 35.37%
Jan 1, 2022 29.90%
Oct 2, 2021 25.84%
Jul 3, 2021 25.46%