Cadence Design Systems (CDNS) Operating Margin (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly Operating Margin came in at 28.42% in Q2 2026, up 946.0% YoY from 2.72% in Q2 2025, and down 2.86% on a QoQ basis from 29.26% in Q1 2026.
Cadence Design Systems (CDNS) Operating Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has 18 years of Operating Margin data on file, last reported at 28.42% in Q2 2026.
- Quarterly Operating Margin rose 946.0% year-over-year to 28.42% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 30.33% (up 262.0% YoY) and the FY2025 annual result came in at 28.17%, down 93.0% from the prior year.
- Operating Margin slipped to 28.42% in Q2 2026, from 29.26% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 35.37% in Q2 2022 to a low of 18.96% in Q2 2025.
- A 5-year average of 29.35% and a median of 29.26% in 2026 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2025 — Operating Margin tumbled 875 bps — and 2026, when it jumped 946 bps.
- Tracing CDNS's Operating Margin over 5 years: stood at 23.46% in 2022, then soared by 34 bps to 31.49% in 2023, then rose by 7 bps to 33.69% in 2024, then retreated by 5 bps to 32.17% in 2025, then dropped by 12 bps to 28.42% in 2026.
- The last three Operating Margin figures came in at 28.42% (Q2 2026), 29.26% (Q1 2026), and 32.17% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn | 28.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.42% |
| 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% |