Growth Metrics

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 🔒
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
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