Cadence Design Systems (CDNS) Operating Margin (2009 - 2025)
Cadence Design Systems' (CDNS) annual Operating Margin came in at 28.17% in FY2025, down 3.21% year-over-year from 29.1% in FY2024.
Cadence Design Systems (CDNS) Operating Margin (2009 - 2025) Analysis & Trends
Cadence Design Systems (CDNS) has 15 years of Operating Margin data on file, last reported at 28.17% in FY2025.
- 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 28.17% in FY2025, from 29.1% in the prior year.
- In the past five years, Operating Margin ranged from a high of 30.59% in FY2023 to a low of 24.06% in FY2021.
- A 5-year average of 28.02% and a median of 28.64% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 407 bps — and 2024, when it plunged 149 bps.
- Tracing CDNS's Operating Margin over 5 years: stood at 24.06% in 2021, then increased by 25 bps to 30.15% in 2022, then grew by 1 bps to 30.59% in 2023, then slipped by 5 bps to 29.1% in 2024, then declined by 3 bps to 28.17% in 2025.
- The last three Operating Margin figures came in at 28.17% (FY2025), 29.1% (FY2024), and 30.59% (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.14 Bn | 233.48 Bn | 16.51 Bn | - |
| 2 | Shopify | 193.20 Bn | 188.25 Bn | 1.71 Bn | - |
| 3 | Salesforce | 181.45 Bn | 169.61 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 160.53 Bn | 155.14 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 133.04 Bn | 128.38 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.80 Bn | 111.85 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 113.03 Bn | 108.80 Bn | 2.51 Bn | -29.35% |
| 8 | Adobe | 110.91 Bn | 105.29 Bn | 5.90 Bn | - |
| 9 | Intuit | 101.34 Bn | 94.56 Bn | 7.24 Bn | - |
| 10 | Cadence Design Systems | 87.39 Bn | 85.95 Bn | 1.41 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 28.17% |
| Dec 31, 2024 | 29.10% |
| Dec 31, 2023 | 30.59% |
| Dec 31, 2022 | 30.15% |
| Jan 1, 2022 | 26.07% |
| Jan 2, 2021 | 24.06% |
| Dec 28, 2019 | 21.05% |
| Dec 29, 2018 | 18.53% |
| Dec 30, 2017 | 16.67% |
| Dec 31, 2016 | 13.49% |
| Jan 2, 2016 | 16.77% |
| Jan 3, 2015 | 13.07% |
| Dec 28, 2013 | 12.94% |
| Dec 29, 2012 | 15.96% |
| Dec 31, 2011 | 10.47% |
| Jan 1, 2011 | -3.09% |
| Jan 2, 2010 | -14.50% |
| Jan 3, 2009 | -151.48% |