Cadence Design Systems Business Segments — Professional services increased by 4.3% to $53.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.7%, from $32.46M to $53.80M. Over 3 years (FY 2022 to FY 2025), Business Segments — Professional services shows an upward trend with a 13.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
High spending may indicate reliance on external expertise for special projects or temporary capacity needs.
Expenditures for external consulting, legal, audit, or specialized technical services engaged to support the segment's o...
Commonly found in SG&A or operating expense breakdowns for large enterprises.
cdn_segment_reportable_segment_professional_services| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.36M | $29.36M | $29.36M | $29.36M | $29.44M | $29.44M | $29.44M | $29.44M | $38.92M | $38.76M | $37.07M | $38.69M | $32.46M | $37.68M | $47.58M | $51.56M | $53.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.3% | +0.0% | +0.0% | +0.0% | +32.2% | -0.4% | -4.4% | +4.4% | -16.1% | +16.1% | +26.3% | +8.4% | +4.3% |
| YoY Change | — | — | — | — | +0.3% | +0.3% | +0.3% | +0.3% | +32.2% | +31.7% | +25.9% | +31.4% | -16.6% | -2.8% | +28.4% | +33.3% | +65.7% |