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Saturday 17 October 2026 Export CDNS’s income statement to Excel — free account

Cadence Design Systems, Inc.

CDNS Technology Software Application

Cadence Design Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS grew 127.1%, free cash flow grew 72.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

319.51 4.87 −1.50%
Market cap
$89.3B
P/E
63.1×
Fwd P/E
83.7×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Cadence Design Systems, Inc. (CDNS) Gross margin

Alert me on Gross margin

Cadence Design Systems, Inc.'s gross margin over the twelve months to 30 June 2026 was 85.9%, down 0.5 percentage points from fiscal 2025 (86.4%). Over the past ten years it has ranged from 85.9% (fiscal 2016) to 89.7% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Software Application industry median of 67.0% and above the Technology sector median of 47.2%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 86.4% 0.31
FY2024 86.1% (3.31)
FY2023 89.4% (0.21)
FY2022 89.6% (0.16)
FY2021 89.7% 1.12
FY2020 88.6% 0.01
FY2019 88.6% 0.70
FY2018 87.9% 0.12
FY2017 87.8% 1.90
FY2016 85.9% (0.11)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 84.9% (0.55)
Mar 2026 85.5% (1.44)
Dec 2025 86.9% 0.50
Sep 2025 86.4% 0.83
42 more quarters

Against its own ten years

Low 85.9% High 89.7%
Ten-year median 87.9%
Current reading's percentile 10

Gross margin against peers

Company Gross margin
ADBE Adobe Inc. compare 89.3%
CDNS Cadence Design Systems, Inc. 85.9%
TEAM Atlassian Corporation PLC compare 84.8%
INTU Intuit Inc. compare 80.2%
DDOG Datadog, Inc. compare 79.5%
MSTR Strategy Inc compare 67.6%
SNOW Snowflake Inc. compare 67.0%
ADP Automatic Data Processing, Inc. compare 46.4%
UBER Uber Technologies, Inc. compare 42.3%
Software Application industry median 67.0%
Technology sector median 47.2%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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