CDNSNEUTRAL

Revenue Growth (YoY)

18.7%

Higher than 56% of Technology sector peers

Updated 200h ago

Sector Performance

56th percentile

CDNS

18.7%

Sector Median

16.7%

Sector Avg

21.6%

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Deep Analysis

Revenue Growth (YoY) measures the percentage change in a company's revenue compared to the same quarter last year; CDNS's current 18.7% means its revenue increased by that amount over the prior year period.

This figure sits slightly above the Technology sector median of 16.7%, placing CDNS at the 56th percentile among its sector peers — meaning it outperforms about half of them. The trend direction over the last eight quarters is not available, and both the year-over-year and quarter-over-quarter changes are marked as N/A, so no progression or acceleration can be inferred from this single data point. Given a strong current level but no trend information, the investment risk or opportunity is unclear: the metric suggests above-average performance, but without a trajectory, it offers little to gauge consistency or momentum. This metric supports the overall NEUTRAL verdict because the revenue growth is above median yet unaccompanied by any directional signal, providing neither a clear positive nor a negative tilt.

Frequently Asked Questions

What does the Revenue Growth (YoY) tell investors about CDNS?

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.

How is the Revenue Growth (YoY) calculated?

Revenue Growth (YoY) is calculated as: (Revenue_t - Revenue_t-4) / Revenue_t-4.

How does CDNS's Revenue Growth (YoY) compare to its sector?

CDNS's Revenue Growth (YoY) of 18.7% compares to a Technology sector median of 16.7%, placing it in the 56th percentile.

Who are CDNS's closest peers by Revenue Growth (YoY)?

The closest Technology peers by Revenue Growth (YoY) include: LYFT (13.8%), PCTY (10.5%), HUBS (23.4%), INFY (6.6%), SQ (4.9%).

The Formula

(Revenue_t - Revenue_t-4) / Revenue_t-4

Why It Matters

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.