CADENCE DESIGN SYSTEMS INC (CDNS) closed fiscal year 2025 with a gross margin of 86.4 % and a net margin of 20.9 %.
CADENCE DESIGN SYSTEMS INC (CDNS) closed fiscal year 2025 with a gross margin of 86.4 % and a net margin of 20.9 %. The same year shows an EBITDA margin of 32.5 % and an EBIT margin of 28.2 %. The free cash flow margin was 30.0 %. Against the previous year the gross margin moved +0.3 pp and the net margin −1.8 pp. Across the period the gross margin ranges between 86.0 % in 2024 and 96.6 % in 2010. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 95.16 % | 96.23 % | 96.64 % | 93.94 % | 94.47 % | — | — | — | — | — | — | — | — | — | 89.57 % | 89.36 % | 86.05 % | 86.36 % |
| EBITDA margin (%) | -139.30 % | -3.57 % | 6.34 % | 18.44 % | 22.68 % | 19.68 % | 20.39 % | 23.71 % | 20.07 % | 22.62 % | 24.08 % | 26.31 % | 29.49 % | 30.83 % | 33.85 % | 34.14 % | 33.35 % | 32.47 % |
| EBIT margin (%) | -151.48 % | -14.50 % | -3.09 % | 10.47 % | 15.96 % | 12.94 % | 13.07 % | 16.77 % | 13.49 % | 16.67 % | 18.53 % | 21.05 % | 24.06 % | 26.07 % | 30.15 % | 30.59 % | 29.10 % | 28.17 % |
| Net margin (%) | -178.77 % | -17.58 % | 13.52 % | 6.28 % | 33.17 % | 11.25 % | 10.05 % | 14.83 % | 11.18 % | 10.50 % | 16.17 % | 42.33 % | 22.02 % | 23.29 % | 23.84 % | 25.46 % | 22.74 % | 20.94 % |
| FCF margin (%) | -2.60 % | -1.84 % | 17.56 % | 18.17 % | 21.11 % | 22.10 % | 17.52 % | 19.59 % | 21.54 % | 21.25 % | 25.41 % | 28.04 % | 30.20 % | 34.66 % | 31.41 % | 30.49 % | 24.09 % | 29.96 % |
