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% on a YoY basis from 2.72% in Q2 2025, and down 2.86% quarter-over-quarter from 29.26% in Q1 2026.
Analysis
Cadence Design Systems (CDNS) Operating Margin (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has reported Operating Margin for 18 consecutive years, with 28.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 946.0% year-over-year to 28.42%; the trailing twelve-month figure through Jun 2026 stood at 30.33% (up 262.0% YoY), and the FY2025 full-year result was 28.17%, down 93.0% from the prior year.
- Operating Margin fell to 28.42% in Q2 2026 per CDNS's latest filing, from 29.26% 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.
- Historically, Operating Margin has averaged 29.35% across 5 years, with a median of 29.26% in 2026.
- The sharpest annual moves came in 2025 and 2026: Operating Margin plunged 875 bps in 2025, then surged 946 bps in 2026.
- Over 5 years, 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 fell by 12 bps to 28.42% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 28.42%, 29.26%, and 32.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cadence Design Systems | 80.61 Bn | 79.17 Bn | 1.41 Bn | 28.42% |
| 2 | Synopsys | 75.46 Bn | 71.85 Bn | 1.80 Bn | 14.43% |
| 3 | Dolby Laboratories | 5.84 Bn | 5.18 Bn | 264.68 Mn | 11.25% |
| 4 | Adeia | 2.92 Bn | 2.72 Bn | - | 26.40% |
| 5 | Pdf Solutions | 1.91 Bn | 1.80 Bn | 42.42 Mn | 8.23% |
| 6 | Ceva | 758.32 Mn | 758.32 Mn | - | - |
| 7 | Immersion | 255.40 Mn | 345.19 Mn | 84.86 Mn | 2.68% |
| 8 | Silvaco | 220.28 Mn | 207.28 Mn | 15.16 Mn | -22.46% |
| 9 | Atomera | 157.66 Mn | 157.66 Mn | 132,000.00 | -4,277.85% |
| 10 | Network-1 Technologies | 36.35 Mn | 2.60 Mn | - | - |
Historic Data
Download Data
Historic 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% |