Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 84.90% is in line with its 5-year average of 88.42%, near the low end of its 5-year range (83.78%–95.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.44% below its 12-month average of 87.92%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
84.90%
GROSS MARGIN AVG TTM
87.92%
GROSS MARGIN AVG 3Y
87.06%
GROSS MARGIN AVG 5Y
88.05%
GROSS MARGIN AVG 10Y
87.96%
GROSS MARGIN AVG 15Y
87.23%
GROSS MARGIN AVG 20Y
86.51%
CURRENT VS TTM AVG
-3.44%
CURRENT VS 3Y AVG
-2.49%
CURRENT VS 5Y AVG
-3.59%
CURRENT VS 10Y AVG
-3.49%
CURRENT VS 15Y AVG
-2.68%
CURRENT VS 20Y AVG
-1.87%
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+47.75%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$93.78B
Gross Margin
84.90%
TTM Avg
87.92%
3Y Avg
87.06%
5Y Avg
88.05%
Market Cap
$106.51B
Gross Margin
48.19%
TTM Avg
49.52%
3Y Avg
49.47%
5Y Avg
48.53%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $93.78B | 84.90% | 87.92% | 87.06% | 88.05% |
| Datadog, Inc. (DDOG)vs › | $95.39B | 79.89% | 80.38% | 80.20% | 79.41% |
| Cloudflare, Inc. (NET)vs › | $98.92B | 73.33% | 75.91% | 76.08% | 76.41% |
| Adobe Inc. (ADBE)vs › | $99.54B | 89.12% | 88.83% | 88.31% | 88.28% |
| Intuit Inc. (INTU)vs › | $86.46B | 81.03% | 79.74% | 79.67% | 80.55% |
| Accenture plc (ACN)vs › | $101.53B | 31.97% | 32.26% | 32.21% | 32.13% |
| Snowflake Inc. (SNOW)vs › | $101.65B | 67.15% | 66.84% | 66.73% | 64.72% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 48.19% | 49.52% | 49.47% | 48.53% |
| Synopsys, Inc. (SNPS)vs › | $74.44B | 73.47% | 78.33% | 79.46% | 79.29% |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 74.77% | 78.36% | 78.40% | 78.13% |
Gross Margin
84.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 84.90% |
| 2026-03-31 | 95.85% |
| 2025-12-31 | 86.90% |
| 2025-09-30 | 86.39% |
| 2025-06-30 | 85.56% |
| 2025-03-31 | 86.55% |
| 2024-12-31 | 83.78% |
| 2024-09-30 | 86.59% |
| 2024-06-30 | 86.87% |
| 2024-03-31 | 87.59% |
| 2023-12-31 | 90.26% |
| 2023-09-30 | 89.29% |
| 2023-06-30 | 90.08% |
| 2023-03-31 | 87.82% |
| 2022-12-31 | 89.61% |
| 2022-10-01 | 90.29% |
| 2022-07-02 | 89.20% |
| 2022-04-02 | 89.15% |
| 2021-12-31 | 90.98% |
| 2021-10-02 | 89.80% |
| 2021-07-03 | 89.47% |
| 2021-04-03 | 88.59% |
| 2020-12-31 | 90.32% |
| 2020-09-26 | 87.66% |
| 2020-06-27 | 88.22% |
| 2020-03-28 | 87.95% |
| 2019-12-31 | 87.77% |
| 2019-09-28 | 89.48% |
| 2019-06-29 | 89.41% |
| 2019-03-30 | 87.76% |
| 2018-12-31 | 86.64% |
| 2018-09-29 | 88.65% |
| 2018-06-30 | 88.63% |
| 2018-03-31 | 87.78% |
| 2017-12-31 | 87.98% |
| 2017-09-30 | 88.78% |
| 2017-07-01 | 87.30% |
| 2017-04-01 | 87.04% |
| 2016-12-31 | 83.78% |
| 2016-10-01 | 87.31% |
| 2016-07-02 | 86.36% |
| 2016-04-02 | 86.14% |
| 2015-12-31 | 86.19% |
| 2015-10-03 | 84.97% |
| 2015-07-04 | 87.56% |
| 2015-04-04 | 85.27% |
| 2014-12-31 | 86.26% |
| 2014-09-27 | 86.50% |
| 2014-06-28 | 85.63% |
| 2014-03-29 | 84.92% |
| 2013-12-31 | 84.33% |
| 2013-09-28 | 86.43% |
| 2013-06-29 | 88.07% |
| 2013-03-30 | 86.40% |
| 2012-12-31 | 87.33% |
| 2012-09-29 | 84.86% |
| 2012-06-30 | 84.85% |
| 2012-03-31 | 85.25% |
| 2011-12-31 | 84.17% |
| 2011-10-01 | 82.97% |
| 2011-07-02 | 81.85% |
| 2011-04-02 | 83.03% |
| 2010-12-31 | 84.40% |
| 2010-10-02 | 83.26% |
| 2010-07-03 | 82.75% |
| 2010-04-03 | 82.60% |
| 2009-12-31 | 81.66% |
| 2009-10-03 | 82.12% |
| 2009-07-04 | 78.07% |
| 2009-04-04 | 78.59% |
| 2008-12-31 | 78.33% |
| 2008-09-27 | 77.88% |
| 2008-06-28 | 81.89% |
| 2008-03-29 | 81.99% |
| 2007-12-31 | 87.74% |
| 2007-09-29 | 86.93% |
| 2007-06-30 | 86.81% |
| 2007-03-31 | 85.11% |
| 2006-12-31 | 87.49% |
| 2006-09-30 | 85.60% |
| 2006-07-01 | 83.31% |
| 2006-04-01 | 81.54% |
| 2005-12-31 | 85.86% |
| 2005-10-01 | 83.33% |
| 2005-07-02 | 81.20% |
| 2005-04-02 | 79.94% |
| 2004-12-31 | 83.06% |
| 2004-10-02 | 79.84% |
| 2004-07-03 | 81.96% |
| 2004-04-03 | 79.18% |
| 2003-12-31 | 73.36% |
| 2003-09-27 | 85.13% |
| 2003-06-28 | 83.75% |
| 2003-03-29 | 81.67% |
| 2002-12-31 | 82.59% |
| 2002-09-28 | 82.06% |