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

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

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

Cadence Design Systems' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • Quarterly Operating Expenses rose 18.4% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 16.25% YoY) and the FY2025 annual result came in at $3.8 billion, up 15.63% from the prior year.
  • Operating Expenses was $1.0 billion for Q1 2026 at Cadence Design Systems, 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.
  • A 5-year average of $789.5 million and a median of $752.9 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses slipped 7.77% — and 2025, when it jumped 34.8%.
  • Cadence Design Systems' 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 6.77% to $1.0 billion in 2026.
  • Business Quant data shows CDNS's Operating Expenses at $1.0 billion in Q1 2026, $976.8 million in Q4 2025, and $913.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Datadog 86.34 Bn 81.58 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