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| Date | Value |
|---|---|
| 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 |