Cadence Design Systems Inc (CDNS) stock
CDNSNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 16/3041% above fair value
$333.32+4.06 (+1.23%)
Close on Nov 12, 2026Market cap $91.46BP/E 66.3Yield –
Cadence Design Systems operating margin
Operating margin is operating income as a percentage of revenue.
Cadence Design Systems's operating margin for the twelve months ending Sep 30, 2026 was 28.9%. For fiscal 2025 it was 28.2%, against 29.1% the year before. The highest annual figure on record is 30.6% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 28.2% | −0.9 |
| FY2024 | Dec 31, 2024 | 29.1% | −1.5 |
| FY2023 | Dec 31, 2023 | 30.6% | +0.4 |
| FY2022 | Dec 31, 2022 | 30.1% | +4.1 |
| FY2021 | Jan 1, 2022 | 26.1% | +2.0 |
| FY2020 | Jan 2, 2021 | 24.1% | +3.0 |
| FY2019 | Dec 28, 2019 | 21.1% | +2.5 |
| FY2018 | Dec 29, 2018 | 18.5% | +1.9 |
| FY2017 | Dec 30, 2017 | 16.7% | +3.2 |
| FY2016 | Dec 31, 2016 | 13.5% | −3.3 |
| FY2015 | Jan 2, 2016 | 16.8% | +3.7 |
| FY2014 | Jan 3, 2015 | 13.1% | +0.1 |
| FY2013 | Dec 28, 2013 | 12.9% | −3.0 |
| FY2012 | Dec 29, 2012 | 16.0% | +5.5 |
| FY2011 | Dec 31, 2011 | 10.5% | +13.6 |
| FY2010 | Jan 1, 2011 | -3.1% | +11.4 |
| FY2009 | Jan 2, 2010 | -14.5% | +137.0 |
| FY2008 | Jan 3, 2009 | -151.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 26.2% | −5.5 |
| Q2 FY2026 | Jun 30, 2026 | 28.4% | +9.5 |
| Q1 FY2026 | Mar 31, 2026 | 29.3% | +0.2 |
| Q4 FY2025 | Dec 31, 2025 | 32.2% | −1.5 |
| Q3 FY2025 | Sep 30, 2025 | 31.8% | +3.0 |
| Q2 FY2025 | Jun 30, 2025 | 19.0% | −8.7 |
| Q1 FY2025 | Mar 31, 2025 | 29.1% | +4.3 |
| Q4 FY2024 | Dec 31, 2024 | 33.7% | +2.2 |
| Q3 FY2024 | Sep 30, 2024 | 28.8% | +0.2 |
| Q2 FY2024 | Jun 30, 2024 | 27.7% | −2.9 |
| Q1 FY2024 | Mar 31, 2024 | 24.8% | −6.8 |
| Q4 FY2023 | Dec 31, 2023 | 31.5% | +8.0 |
| Q3 FY2023 | Sep 30, 2023 | 28.6% | −0.3 |
| Q2 FY2023 | Jun 30, 2023 | 30.7% | −2.3 |
| Q1 FY2023 | Mar 31, 2023 | 31.6% | −3.8 |
| Q4 FY2022 | Dec 31, 2022 | 23.5% | −1.9 |
| Q3 FY2022 | Oct 1, 2022 | 28.9% | +3.1 |
| Q2 FY2022 | Jul 2, 2022 | 33.0% | +7.5 |
| Q1 FY2022 | Apr 2, 2022 | 35.4% | +7.7 |
| Q4 FY2021 | Jan 1, 2022 | 25.3% | +1.0 |
| Q3 FY2021 | Oct 2, 2021 | 25.8% | +0.4 |
| Q2 FY2021 | Jul 3, 2021 | 25.5% | +1.7 |
| Q1 FY2021 | Apr 3, 2021 | 27.7% | +5.2 |
| Q4 FY2020 | Jan 2, 2021 | 24.3% | +6.2 |
| Q3 FY2020 | Sep 26, 2020 | 25.4% | +4.5 |
| Q2 FY2020 | Jun 27, 2020 | 23.8% | +0.8 |
| Q1 FY2020 | Mar 28, 2020 | 22.6% | +0.3 |
| Q4 FY2019 | Dec 28, 2019 | 18.2% | −1.8 |
| Q3 FY2019 | Sep 28, 2019 | 20.8% | +1.4 |
| Q2 FY2019 | Jun 29, 2019 | 23.0% | +5.1 |
| Q1 FY2019 | Mar 30, 2019 | 22.3% | +5.7 |
| Q4 FY2018 | Dec 29, 2018 | 20.0% | +3.8 |
| Q3 FY2018 | Sep 29, 2018 | 19.5% | +2.9 |
| Q2 FY2018 | Jun 30, 2018 | 18.0% | +0.7 |
| Q1 FY2018 | Mar 31, 2018 | 16.6% | −0.1 |
| Q4 FY2017 | Dec 30, 2017 | 16.2% | +4.9 |
| Q3 FY2017 | Sep 30, 2017 | 16.6% | – |
| Q2 FY2017 | Jul 1, 2017 | 17.3% | – |
| Q1 FY2017 | Apr 1, 2017 | 16.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 11.3% | – |
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