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) Operating margin

Alert me on Operating margin

Cadence Design Systems, Inc.'s operating margin over the twelve months to 30 June 2026 was 30.3%, up 2.2 percentage points from fiscal 2025 (28.2%). Over the past ten years it has ranged from 13.5% (fiscal 2016) to 30.6% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 28.2% (0.93)
FY2024 29.1% (1.49)
FY2023 30.6% 0.44
FY2022 30.2% 4.08
FY2021 26.1% 2.01
FY2020 24.1% 3.01
FY2019 21.1% 2.52
FY2018 18.5% 1.86
FY2017 16.7% 3.18
FY2016 13.5% (3.28)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 28.4% (0.84)
Mar 2026 29.3% (2.91)
Dec 2025 32.2% 0.40
Sep 2025 31.8% 12.81
42 more quarters

Against its own ten years

Low 13.5% High 30.6%
Ten-year median 24.1%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
ADBE Adobe Inc. compare 35.7%
CDNS Cadence Design Systems, Inc. 30.3%
INTU Intuit Inc. compare 27.4%
ADP Automatic Data Processing, Inc. compare 26.3%
UBER Uber Technologies, Inc. compare 12.1%
DDOG Datadog, Inc. compare 0.41%
TEAM Atlassian Corporation PLC compare 0.16%
SNOW Snowflake Inc. compare −22.8%
MSTR Strategy Inc compare −7,295.4%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on CDNS