Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 301.24 USD -3.25% Market Closed
Market Cap: 82.6B USD
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Gross Margin
Cadence Design Systems Inc

87.8%
Current
89%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.8%
=
Gross Profit
3.8B
/
Revenue
4.4B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.6B USD
88%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
322.4B USD
77%
DE
SAP SE
XETRA:SAP
275.8B EUR
73%
US
NCR Corp
LSE:0K45
198B USD
23%
US
Adobe Inc
NASDAQ:ADBE
194.3B USD
89%
US
Intuit Inc
NASDAQ:INTU
182B USD
79%
US
Palantir Technologies Inc
NYSE:PLTR
162.3B USD
81%
US
Applovin Corp
NASDAQ:APP
105B USD
74%
US
Synopsys Inc
NASDAQ:SNPS
76B USD
80%
US
Workday Inc
NASDAQ:WDAY
71.3B USD
76%
Country US
Market Cap 82.6B USD
Gross Margin
88%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 322.4B USD
Gross Margin
77%
Country DE
Market Cap 275.8B EUR
Gross Margin
73%
Country US
Market Cap 198B USD
Gross Margin
23%
Country US
Market Cap 194.3B USD
Gross Margin
89%
Country US
Market Cap 182B USD
Gross Margin
79%
Country US
Market Cap 162.3B USD
Gross Margin
81%
Country US
Market Cap 105B USD
Gross Margin
74%
Country US
Market Cap 76B USD
Gross Margin
80%
Country US
Market Cap 71.3B USD
Gross Margin
76%
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Cadence Design Systems Inc
Glance View

Market Cap
82.6B USD
Industry
Technology
Economic Moat
Narrow

In the fiercely competitive realm of electronic design automation (EDA), Cadence Design Systems Inc. stands as a titan, orchestrating the seamless symphony of hardware and software development. Founded in 1988 through the merger of SDA Systems and ECAD, Inc., Cadence has steadily built a reputation for providing comprehensive design solutions that enable the creation of complex and innovative semiconductor products. With its headquarters nestled in San Jose, California, the company leverages its extensive suite of tools to aid engineers in the intricate art of designing integrated circuits and systems on chips. These tools streamline design processes and improve productivity, enabling clients to bring cutting-edge consumer electronics, telecommunications equipment, and other technology products to market more swiftly and efficiently. Central to Cadence’s business model is not just software licensing but also its innovative subscription and services approach, which fosters enduring relationships with its clientele. Cadence's revenue streams predominantly flow from software, particularly through selling licenses for its cutting-edge design tools in perpetual, time-based, and subscription formats. In addition, the company provides specialized support and service offerings that enhance its software solutions, further embedding its tools into clients' workflows. By offering thoughtful and personalized support, Cadence ensures its tools evolve in tandem with each customer's needs. This unique combination of technological prowess and adaptable business strategy has allowed Cadence Design Systems to carve a powerful niche in the highly competitive world of electronic systems design.

CDNS Intrinsic Value
160.17 USD
Overvaluation 47%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.8%
=
Gross Profit
3.8B
/
Revenue
4.4B
What is the Gross Margin of Cadence Design Systems Inc?

Based on Cadence Design Systems Inc's most recent financial statements, the company has Gross Margin of 87.8%.