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
DateValue
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