Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 289.71 USD -4.4% Market Closed
Market Cap: 79.5B USD
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Gross Margin
Cadence Design Systems Inc

87.8%
Current
89%
Average
46.7%
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 US
Market Cap 79.5B USD
Gross Margin
88%
Country US
Market Cap 311.6B USD
Gross Margin
76%
Country DE
Market Cap 253.5B EUR
Gross Margin
73%
Country US
Market Cap 226B USD
Gross Margin
89%
Country US
Market Cap 192.8B USD
Gross Margin
79%
Country US
Market Cap 182B USD
Gross Margin
23%
Country US
Market Cap 149.3B USD
Gross Margin
81%
Country US
Market Cap 97.7B USD
Gross Margin
74%
Country US
Market Cap 80B USD
Gross Margin
80%
Country US
Market Cap 69B USD
Gross Margin
76%
Country US
Market Cap 69B USD
Gross Margin
74%
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Cadence Design Systems Inc
Glance View

Market Cap
79.5B USD
Industry
Technology

Cadence Design Systems Inc. stands as a vital player in the electronic design automation (EDA) industry, revolutionizing how complex integrated circuits and systems on chips are developed. Founded in 1988, the company has evolved its offerings to meet the escalating demands of semiconductor and electronics design, providing software solutions that help engineers create innovative products efficiently and accurately. Cadence's portfolio includes tools for digital design, custom chip design, verification, and system-level design, which play a crucial role in industries ranging from consumer electronics to automotive and telecommunications. By consistently investing in research and development, Cadence has maintained a competitive edge, expanding its capabilities in artificial intelligence and machine learning, further enhancing its value proposition to customers. As the global push for digital transformation accelerates, Cadence is well-positioned to benefit from the growing trend of semiconductor miniaturization and the increasing complexity of electronic systems. The company's strong revenue growth, bolstered by a robust subscription model, underscores its resilience in the face of market fluctuations. With strategic acquisitions and partnerships, Cadence is continuously enhancing its technological ecosystem, thereby driving long-term shareholder value. For investors, Cadence represents a compelling opportunity to tap into the expanding market for electronic design solutions, backed by a proven management team and a commitment to innovation that has consistently delivered superior financial performance in an increasingly competitive landscape.

CDNS Intrinsic Value
159.46 USD
Overvaluation 45%
Intrinsic Value
Price

See Also

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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%.