Products & Services · Revenue

Service — Revenue

Cadence Design Systems Service — Revenue increased by 16.5% to $125.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $131.52M to $125.30M. Over 4 years (FY 2021 to FY 2025), Service — Revenue shows an upward trend with a 28.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates growing demand for the company's technical expertise and service offerings, while a decrease may suggest market saturation or reduced client engagement.

Detailed definition

This metric represents the total gross income generated specifically from the technology services segment of the busines...

Peer comparison

Comparable to professional services revenue or technical consulting fees reported by other software and semiconductor design tool providers.

Metric ID: cdn_segment_technology_service_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$40.40M$44.74M$53.19M$55.52M$55.24M$56.77M$54.00M$57.95M$53.79M$57.25M$86.64M$95.72M$100.22M$115.12M$116.69M$131.52M$104.93M$131.14M$107.59M$125.30M
QoQ Change+10.7%+18.9%+4.4%-0.5%+2.8%-4.9%+7.3%-7.2%+6.4%+51.3%+10.5%+4.7%+14.9%+1.4%+12.7%-20.2%+25.0%-18.0%+16.5%
YoY Change+36.7%+26.9%+1.5%+4.4%-2.6%+0.9%+60.4%+65.2%+86.3%+101.1%+34.7%+37.4%+4.7%+13.9%-7.8%-4.7%
Range$40.40M$131.52M
CAGR+26.9%
Avg YoY Growth+28.7%
Median YoY Growth+20.4%

Frequently Asked Questions

What is Cadence Design Systems's service — revenue?
Cadence Design Systems (CDNS) reported service — revenue of $125.30M in Q1 2026.
How has Cadence Design Systems's service — revenue changed year-over-year?
Cadence Design Systems's service — revenue decreased by 4.7% year-over-year, from $131.52M to $125.30M.
What is the long-term trend for Cadence Design Systems's service — revenue?
Over 4 years (2021 to 2025), Cadence Design Systems's service — revenue has grown at a 28.3% compound annual growth rate (CAGR), from $175.30M to $475.17M.
What does service — revenue mean?
The total sales generated by the company's technology services division.