cust.co / Compare / Progress Software vs Cadence Design Systems

Progress Software vs Cadence Design Systems - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Dev Tools. Both at Public stage.

Cadence Design Systems leads by +11.0pp on latest NRR (110.0% vs 99.0%).

NRR over time

97%101%105%108%112% FY2023-Q1FY2024-Q3FY2025-Q1FY2025-Q3FY-2025FY-2023 NRR Progress Software Cadence Design Systems Progress Software — FY2023-Q1: 100% Progress Software — FY2024-Q2: 100% Progress Software — FY2024-Q3: 100% Progress Software — FY2024-Q4: 100% Progress Software — FY2025-Q1: 100% Progress Software — FY2025-Q2: 100% Progress Software — FY2025-Q3: 100% Progress Software — FY2025-Q4: 100% Progress Software — FY-2025: 100% Progress Software — FY2026-Q1: 99% Cadence Design Systems — FY2026-Q1: 110% Cadence Design Systems — FY-2023: 110%

Cadence Design Systems hit a higher all-time peak (110.0% in FY-2023).

Stat-by-stat

Metric Progress Software Cadence Design Systems
Latest NRR 99.0% 110.0%
All-time peak NRR 100.0% 110.0%
All-time low NRR 99.0% 110.0%
QoQ change -1.0pp +0.0pp
YoY change -1.0pp -
3-year change - -
Disclosures tracked 10 2

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