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% on a YoY basis from $1.0 billion in Q2 2025, and up 8.75% quarter-over-quarter from $1.0 billion in Q1 2026.
Analysis
Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has reported Operating Expenses for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 9.72% year-over-year to $1.1 billion; the trailing twelve-month figure through Jun 2026 stood at $4.1 billion (up 10.55% YoY), and the FY2025 full-year result was $3.8 billion, up 15.63% from the prior year.
- Operating Expenses improved to $1.1 billion in Q2 2026 per CDNS's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.1 billion in Q2 2026 and bottomed at $574.6 million in Q3 2022.
- Historically, Operating Expenses has averaged $807.7 million across 5 years, with a median of $759.1 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses retreated 7.77% in 2022, then surged 34.8% in 2025.
- Over 5 years, Operating Expenses stood at $688.8 million in 2022, then rose by 6.29% to $732.1 million in 2023, then increased by 22.81% to $899.1 million in 2024, then gained by 8.64% to $976.8 million in 2025, then gained by 16.11% to $1.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $1.0 billion, and $976.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cadence Design Systems | 80.61 Bn | 79.17 Bn | 1.41 Bn | 1.13 Bn |
| 2 | Synopsys | 75.46 Bn | 71.85 Bn | 1.80 Bn | 1.44 Bn |
| 3 | Dolby Laboratories | 5.84 Bn | 5.18 Bn | 264.68 Mn | 230.36 Mn |
| 4 | Adeia | 2.92 Bn | 2.72 Bn | - | 70.74 Mn |
| 5 | Pdf Solutions | 1.91 Bn | 1.80 Bn | 42.42 Mn | 36.30 Mn |
| 6 | Ceva | 758.32 Mn | 758.32 Mn | - | - |
| 7 | Immersion | 255.40 Mn | 345.19 Mn | 84.86 Mn | 77.64 Mn |
| 8 | Silvaco | 220.28 Mn | 207.28 Mn | 15.16 Mn | 19.16 Mn |
| 9 | Atomera | 157.66 Mn | 157.66 Mn | 132,000.00 | 6.89 Mn |
| 10 | Network-1 Technologies | 36.35 Mn | 2.60 Mn | - | 1.01 Mn |
Historic Data
Download Data
Historic 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 |