Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026)

Cadence Design Systems (CDNS) reported Operating Expenses of $1.0 billion for Q1 2026, up 18.4% on a YoY basis from $880.8 million in Q1 2025, and up 6.77% quarter-over-quarter from $976.8 million in Q4 2025.

Cadence Design Systems (CDNS) Operating Expenses (2009 - 2026) Analysis & Trends

Cadence Design Systems has reported Operating Expenses for 18 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $1.0 billion in Q1 2026, with the low at $574.6 million in Q3 2022.
  • Historically, Operating Expenses has averaged $789.5 million across 5 years, with a median of $752.9 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses fell 7.77% — and 2025, when it jumped 34.8%.
  • Cadence Design Systems' Operating Expenses 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 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 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 1.25 Bn

Historic Data

Download Data
DateValue
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