Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly Operating Expenses came in at $1.1 billion in Q2 2026, up 9.72% YoY from $1.0 billion in Q2 2025, and up 8.75% on a QoQ basis from $1.0 billion in Q1 2026.
Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has 18 years of Operating Expenses data on file, last reported at $1.1 billion in Q2 2026.
- Quarterly Operating Expenses rose 9.72% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.1 billion (up 10.55% YoY) and the FY2025 annual result came in at $3.8 billion, up 15.63% from the prior year.
- Operating Expenses grew to $1.1 billion in Q2 2026, from $1.0 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q2 2026 to a low of $574.6 million in Q3 2022.
- A 5-year average of $807.7 million and a median of $759.1 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses fell 7.77% — and 2025, when it jumped 34.8%.
- Tracing CDNS's Operating Expenses over 5 years: stood at $688.8 million in 2022, then grew by 6.29% to $732.1 million in 2023, then climbed by 22.81% to $899.1 million in 2024, then increased by 8.64% to $976.8 million in 2025, then increased by 16.11% to $1.1 billion in 2026.
- The last three Operating Expenses figures came in at $1.1 billion (Q2 2026), $1.0 billion (Q1 2026), and $976.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn | 1.13 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 Bn |
| 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 |