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

Cadence Design Systems, Inc. (CDNS) Net margin

Alert me on Net margin

Cadence Design Systems, Inc.'s net margin over the twelve months to 30 June 2026 was 23.6%, up 2.7 percentage points from fiscal 2025 (20.9%). Over the past ten years it has ranged from 10.5% (fiscal 2017) to 42.3% (fiscal 2019); the current reading is higher than 45% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 20.9% (1.80)
FY2024 22.7% (2.72)
FY2023 25.5% 1.62
FY2022 23.8% 0.55
FY2021 23.3% 1.27
FY2020 22.0% (20.31)
FY2019 42.3% 26.16
FY2018 16.2% 5.67
FY2017 10.5% (0.68)
FY2016 11.2% (3.65)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 23.2% 0.40
Mar 2026 22.8% (4.18)
Dec 2025 27.0% 5.50
Sep 2025 21.5% 8.90
42 more quarters

Against its own ten years

Low 10.5% High 42.3%
Ten-year median 22.0%
Current reading's percentile 76

Net margin against peers

Company Net margin
ADBE Adobe Inc. compare 28.1%
CDNS Cadence Design Systems, Inc. 23.6%
INTU Intuit Inc. compare 21.3%
ADP Automatic Data Processing, Inc. compare 20.1%
UBER Uber Technologies, Inc. compare 17.3%
DDOG Datadog, Inc. compare 4.48%
TEAM Atlassian Corporation PLC compare −0.82%
SNOW Snowflake Inc. compare −20.1%
MSTR Strategy Inc compare −6,294.0%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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