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| Date | Value |
|---|---|
| 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% |