Cadence Design Systems profit margin CDNS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 23.6%
- Operating margin, 12 months
- 30.3%
- Net margin on a year earlier
- +3.7 pts
- Peer median
- 20.1%
Over the twelve months to Jun 30, 2026, Cadence Design Systems kept 23.6% of its revenue as net profit, with an operating margin of 30.3% and a gross margin of 85.9%.
Five years earlier its net margin was 23.5%.
The median for 10 application software stocks of a similar size is 20.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 20.9% | 28.2% | 86.4% |
| FY2024 | 22.7% | 29.1% | 86.0% |
| FY2023 | 25.5% | 30.6% | 89.4% |
| FY2022 | 23.8% | 30.1% | 89.6% |
| FY2021 | 23.3% | 26.1% | 89.7% |
| FY2020 | 22.0% | 24.1% | 88.6% |
| FY2019 | 42.3% | 21.1% | 88.6% |
| FY2018 | 16.2% | 18.5% | 87.9% |
| FY2017 | 10.5% | 16.7% | 87.8% |
| FY2016 | 11.2% | 13.5% | 85.9% |
| FY2015 | 14.8% | 16.8% | 86.0% |
| FY2014 | 10.1% | 13.1% | 85.8% |
| FY2013 | 11.2% | 12.9% | 86.3% |
| FY2012 | 33.2% | 16.0% | 85.6% |
| FY2011 | 6.3% | 10.5% | 83.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 23.6% | +3.7 pts | 30.3% | |
| Q1 FY26 | 21.2% | −1.0 pts | 28.3% | |
| Q4 FY25 | 20.9% | −1.8 pts | 28.2% | |
| Q3 FY25 | 20.4% | −3.5 pts | 28.5% | |
| Q2 FY25 | 19.9% | −5.5 pts | 27.7% | |
| Q1 FY25 | 22.2% | −3.5 pts | 30.0% | |
| Q4 FY24 | 22.7% | −2.7 pts | 29.1% | |
| Q3 FY24 | 23.9% | −0.6 pts | 28.3% | |
| Q2 FY24 | 25.4% | +2.0 pts | 28.2% | |
| Q1 FY24 | 25.7% | +2.4 pts | 28.9% | |
| Q4 FY23 | 25.5% | +1.6 pts | 30.6% | |
| Q3 FY23 | 24.4% | +1.6 pts | 28.7% |
Against its peers
Companies in Software - Application nearest Cadence Design Systems' size, closest first, today.
| Company | Profit margin |
|---|---|
| CDNSCadence Design Systems | 23.6% |
| APPAppLovin | 64.6% |
| INTUIntuit | 21.3% |
| DDOGDatadog | 4.5% |
| ADBEAdobe | 28.0% |
| SNOWSnowflake | −20.1% |
| ADPAutomatic Data Processing | 20.1% |
| TEAMAtlassian | −0.8% |
| MSTRStrategy | n/m |
| UBERUber Technologies | 17.3% |
| ADSKAutodesk | 21.1% |
| Peer median | 20.1% |
Where Cadence Design Systems ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cadence Design Systems
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.