Business Segments · Professional services

Business Segments — Professional services

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

High spending may indicate reliance on external expertise for special projects or temporary capacity needs.

Detailed definition

Expenditures for external consulting, legal, audit, or specialized technical services engaged to support the segment's o...

Peer comparison

Commonly found in SG&A or operating expense breakdowns for large enterprises.

Metric ID: cdn_segment_reportable_segment_professional_services

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$29.36M$53.80M
CAGR+16.3%
Avg YoY Growth+17.7%
Median YoY Growth+25.9%
Current Streak4 quarters growth

Frequently Asked Questions

What is Cadence Design Systems's business segments — professional services?
Cadence Design Systems (CDNS) reported business segments — professional services of $53.80M in Q1 2026.
How has Cadence Design Systems's business segments — professional services changed year-over-year?
Cadence Design Systems's business segments — professional services increased by 65.7% year-over-year, from $32.46M to $53.80M.
What is the long-term trend for Cadence Design Systems's business segments — professional services?
Over 3 years (2022 to 2025), Cadence Design Systems's business segments — professional services has grown at a 13.0% compound annual growth rate (CAGR), from $117.44M to $169.29M.
What does business segments — professional services mean?
The cost of hiring external experts or consultants for the segment.