Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 28.42% is in line with its 5-year average of 29.36%, around the middle of its 5-year range (23.46%–35.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.03% below its 12-month average of 30.57%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
28.42%
OPERATING MARGIN AVG TTM
30.57%
OPERATING MARGIN AVG 3Y
29.82%
OPERATING MARGIN AVG 5Y
29.36%
OPERATING MARGIN AVG 10Y
24.54%
OPERATING MARGIN AVG 15Y
21.12%
OPERATING MARGIN AVG 20Y
18.95%
CURRENT VS TTM AVG
-7.03%
CURRENT VS 3Y AVG
-4.70%
CURRENT VS 5Y AVG
-3.20%
CURRENT VS 10Y AVG
+15.80%
CURRENT VS 15Y AVG
+34.59%
CURRENT VS 20Y AVG
+50.02%
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+110.84%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$93.78B
Operating Margin
28.42%
TTM Avg
30.57%
3Y Avg
29.82%
5Y Avg
29.36%
Market Cap
$98.92B
Operating Margin
-9.27%
TTM Avg
-9.41%
3Y Avg
-13.44%
5Y Avg
-16.33%
Market Cap
$101.53B
Operating Margin
14.87%
TTM Avg
14.73%
3Y Avg
14.61%
5Y Avg
14.70%
Market Cap
$101.65B
Operating Margin
-26.11%
TTM Avg
-35.39%
3Y Avg
-37.64%
5Y Avg
-50.18%
Market Cap
$106.51B
Operating Margin
18.58%
TTM Avg
22.45%
3Y Avg
23.91%
5Y Avg
23.48%
Market Cap
$74.44B
Operating Margin
8.36%
TTM Avg
17.55%
3Y Avg
20.98%
5Y Avg
19.71%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $93.78B | 28.42% | 30.57% | 29.82% | 29.36% |
| Datadog, Inc. (DDOG)vs › | $95.39B | -0.67% | 0.36% | -1.08% | -1.41% |
| Cloudflare, Inc. (NET)vs › | $98.92B | -9.27% | -9.41% | -13.44% | -16.33% |
| Adobe Inc. (ADBE)vs › | $99.54B | 36.07% | 33.99% | 34.22% | 34.73% |
| Intuit Inc. (INTU)vs › | $86.46B | 27.47% | 24.21% | 22.62% | 24.13% |
| Accenture plc (ACN)vs › | $101.53B | 14.87% | 14.73% | 14.61% | 14.70% |
| Snowflake Inc. (SNOW)vs › | $101.65B | -26.11% | -35.39% | -37.64% | -50.18% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 18.58% | 22.45% | 23.91% | 23.48% |
| Synopsys, Inc. (SNPS)vs › | $74.44B | 8.36% | 17.55% | 20.98% | 19.71% |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 11.40% | 13.08% | 9.89% | 8.05% |
Gross Margin
88.5%
Operating Margin
28.4%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 28.42% |
| 2026-03-31 | 29.26% |
| 2025-12-31 | 32.30% |
| 2025-09-30 | 33.82% |
| 2025-06-30 | 29.04% |
| 2025-03-31 | 29.09% |
| 2024-12-31 | 33.69% |
| 2024-09-30 | 28.80% |
| 2024-06-30 | 27.71% |
| 2024-03-31 | 24.77% |
| 2023-12-31 | 31.49% |
| 2023-09-30 | 28.63% |
| 2023-06-30 | 30.65% |
| 2023-03-31 | 31.56% |
| 2022-12-31 | 23.46% |
| 2022-10-01 | 28.89% |
| 2022-07-02 | 32.99% |
| 2022-04-02 | 35.37% |
| 2021-12-31 | 25.31% |
| 2021-10-02 | 25.84% |
| 2021-07-03 | 25.46% |
| 2021-04-03 | 27.71% |
| 2020-12-31 | 24.34% |
| 2020-09-26 | 25.39% |
| 2020-06-27 | 23.80% |
| 2020-03-28 | 22.38% |
| 2019-12-31 | 18.16% |
| 2019-09-28 | 20.85% |
| 2019-06-29 | 23.03% |
| 2019-03-30 | 22.26% |
| 2018-12-31 | 19.95% |
| 2018-09-29 | 19.46% |
| 2018-06-30 | 17.95% |
| 2018-03-31 | 16.59% |
| 2017-12-31 | 16.20% |
| 2017-09-30 | 16.56% |
| 2017-07-01 | 17.26% |
| 2017-04-01 | 16.69% |
| 2016-12-31 | 11.33% |
| 2016-10-01 | 14.98% |
| 2016-07-02 | 14.77% |
| 2016-04-02 | 12.96% |
| 2015-12-31 | 18.55% |
| 2015-10-03 | 17.96% |
| 2015-07-04 | 18.37% |
| 2015-04-04 | 11.98% |
| 2014-12-31 | 17.68% |
| 2014-09-27 | 13.50% |
| 2014-06-28 | 9.37% |
| 2014-03-29 | 11.18% |
| 2013-12-31 | 10.03% |
| 2013-09-28 | 13.07% |
| 2013-06-29 | 12.45% |
| 2013-03-30 | 16.41% |
| 2012-12-31 | 16.28% |
| 2012-09-29 | 17.56% |
| 2012-06-30 | 15.50% |
| 2012-03-31 | 14.36% |
| 2011-12-31 | 14.84% |
| 2011-10-01 | 11.00% |
| 2011-07-02 | 8.81% |
| 2011-04-02 | 6.59% |
| 2010-12-31 | -10.35% |
| 2010-10-02 | -1.30% |
| 2010-07-03 | 2.63% |
| 2010-04-03 | -2.40% |
| 2009-12-31 | -5.11% |
| 2009-10-03 | -4.69% |
| 2009-07-04 | -25.62% |
| 2009-04-04 | -23.47% |
| 2008-12-31 | -625.16% |
| 2008-09-27 | -46.96% |
| 2008-06-28 | 5.88% |
| 2008-03-29 | -9.40% |
| 2007-12-31 | 24.56% |
| 2007-09-29 | 21.17% |
| 2007-06-30 | 18.86% |
| 2007-03-31 | 12.83% |
| 2006-12-31 | 24.02% |
| 2006-09-30 | 17.96% |
| 2006-07-01 | 11.80% |
| 2006-04-01 | 3.97% |
| 2005-12-31 | 23.80% |
| 2005-10-01 | 8.96% |
| 2005-07-02 | 0.06% |
| 2005-04-02 | -0.55% |
| 2004-12-31 | 18.73% |
| 2004-10-02 | 11.36% |
| 2004-07-03 | 3.37% |
| 2004-04-03 | -2.65% |
| 2003-12-31 | 19.43% |
| 2003-09-27 | -17.10% |
| 2003-06-28 | -1.05% |
| 2003-03-29 | -9.01% |
| 2002-12-31 | 63.31% |
| 2002-09-28 | 4.67% |
