Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026)
Cadence Design Systems posted quarterly Operating Expenses of $1.0 billion for Q1 2026, up 18.4% year-on-year from $880.8 million in Q1 2025, and up 6.77% on a QoQ basis from $976.8 million in Q4 2025.
Cadence Design Systems (CDNS) has 18 years of Operating Expenses data on file, last reported at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 18.4% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $4.0 billion (up 16.25% YoY), and the FY2025 full-year result was $3.8 billion, up 15.63% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.0 billion, up from $976.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.0 billion in Q1 2026 and bottomed at $574.6 million in Q3 2022.
- The 5-year median for Operating Expenses is $752.9 million (2022), against an average of $789.5 million.
- The widest annual swing landed in 2022, when Operating Expenses fell 7.77%; it then jumped 34.8% in 2025.
- A 5-year view of Operating Expenses shows it stood at $688.8 million in 2022, then increased by 6.29% to $732.1 million in 2023, then grew by 22.81% to $899.1 million in 2024, then rose by 8.64% to $976.8 million in 2025, then rose by 6.77% to $1.0 billion in 2026.
- The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $976.8 million (Q4 2025), and $913.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 789.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 976.78 Mn |
| Sep 30, 2025 | 913.45 Mn |
| Jun 30, 2025 | 1.03 Bn |
| Mar 31, 2025 | 880.85 Mn |
| Dec 31, 2024 | 899.11 Mn |
| Sep 30, 2024 | 865.44 Mn |
| Jun 30, 2024 | 766.81 Mn |
| Mar 31, 2024 | 759.15 Mn |
| Dec 31, 2023 | 732.10 Mn |
| Sep 30, 2023 | 730.19 Mn |
| Jun 30, 2023 | 677.25 Mn |
| Mar 31, 2023 | 699.23 Mn |
| Dec 31, 2022 | 688.76 Mn |
| Oct 1, 2022 | 641.80 Mn |
| Jul 2, 2022 | 574.63 Mn |
| Apr 2, 2022 | 582.84 Mn |
| Jan 1, 2022 | 746.75 Mn |
| Oct 2, 2021 | 556.86 Mn |
| Jul 3, 2021 | 542.85 Mn |
| Apr 3, 2021 | 532.09 Mn |
| Sep 26, 2020 | 497.34 Mn |
| Jun 27, 2020 | 486.47 Mn |
| Mar 28, 2020 | 478.61 Mn |
| Dec 28, 2019 | 490.66 Mn |
| Sep 28, 2019 | 458.78 Mn |
| Jun 29, 2019 | 446.74 Mn |
| Mar 30, 2019 | 448.35 Mn |
| Dec 29, 2018 | 456.16 Mn |
| Sep 29, 2018 | 428.84 Mn |
| Jun 30, 2018 | 425.34 Mn |
| Mar 31, 2018 | 431.48 Mn |
| Dec 30, 2017 | 420.44 Mn |
| Sep 30, 2017 | 405.01 Mn |
| Jul 1, 2017 | 396.31 Mn |
| Apr 1, 2017 | 397.31 Mn |
| Dec 31, 2016 | 415.86 Mn |
| Oct 1, 2016 | 379.38 Mn |
| Jul 2, 2016 | 386.12 Mn |
| Apr 2, 2016 | 389.83 Mn |
| Jan 2, 2016 | 390.69 Mn |
| Oct 3, 2015 | 355.86 Mn |
| Jul 4, 2015 | 339.48 Mn |
| Apr 4, 2015 | 362.08 Mn |
| Sep 27, 2014 | 346.45 Mn |
| Jun 28, 2014 | 343.29 Mn |
| Mar 29, 2014 | 336.24 Mn |
| Dec 28, 2013 | 338.92 Mn |
| Sep 28, 2013 | 318.72 Mn |
| Jun 29, 2013 | 317.34 Mn |
| Mar 30, 2013 | 296.13 Mn |
| Dec 29, 2012 | 289.32 Mn |
| Sep 29, 2012 | 279.09 Mn |
| Jun 30, 2012 | 275.86 Mn |
| Mar 31, 2012 | 270.48 Mn |
| Dec 31, 2011 | 262.31 Mn |
| Oct 1, 2011 | 260.28 Mn |
| Jul 2, 2011 | 258.31 Mn |
| Apr 2, 2011 | 248.56 Mn |
| Jan 1, 2011 | 220.23 Mn |
| Oct 2, 2010 | 241.02 Mn |
| Jul 3, 2010 | 221.85 Mn |
| Apr 3, 2010 | 227.26 Mn |
| Oct 3, 2009 | 226.26 Mn |
| Jul 4, 2009 | 263.71 Mn |