Cadence Design Systems, Inc. CDNS

326.13 4.13 1.28% as of 25 Sep
Market cap
$88.7B
P/E
64.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cadence Design Systems, Inc. (CDNS) 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

Annual

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

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 36

Gross margin against peers

Company Gross margin
ADBE Adobe Inc. compare 89.3%
CDNS Cadence Design Systems, Inc. 85.9%
INTU Intuit Inc. compare 80.2%
DDOG Datadog, Inc. compare 79.5%
NOW ServiceNow, Inc. compare 74.8%
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 46.3%

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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