Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026)

Cadence Design Systems' (CDNS) quarterly Tax Provisions came in at $143.2 million in Q2 2026, up 18.75% YoY from $120.6 million in Q2 2025, and up 54.86% on a QoQ basis from $92.4 million in Q1 2026.

Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026) Analysis & Trends

Cadence Design Systems (CDNS) has 18 years of Tax Provisions data on file, last reported at $143.2 million in Q2 2026.

  • Quarterly Tax Provisions rose 18.75% year-over-year to $143.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $446.1 million (up 13.1% YoY) and the FY2025 annual result came in at $413.2 million, up 21.4% from the prior year.
  • Tax Provisions rose to $143.2 million in Q2 2026, from $92.4 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $143.2 million in Q2 2026 to a low of -$29.9 million in Q4 2022.
  • A 5-year average of $77.3 million and a median of $82.1 million in 2025 frame the typical range for Tax Provisions.
  • The widest YoY moves for Tax Provisions: up 432.51% in 2022, down 169.74% in 2022.
  • Tracing CDNS's Tax Provisions over 5 years: stood at -$29.9 million in 2022, then soared by 227.78% to $38.2 million in 2023, then jumped by 152.71% to $96.4 million in 2024, then advanced by 8.69% to $104.8 million in 2025, then jumped by 36.57% to $143.2 million in 2026.
  • The last three Tax Provisions figures came in at $143.2 million (Q2 2026), $92.4 million (Q1 2026), and $104.8 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -1.86 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 273.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 614.00 Mn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 840.00 Mn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 140.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -1.09 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 279.20 Mn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 526.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 983.00 Mn
10 Cadence Design Systems 89.45 Bn 88.01 Bn 1.41 Bn 143.16 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 143.16 Mn
Mar 31, 2026 92.44 Mn
Dec 31, 2025 104.83 Mn
Sep 30, 2025 105.66 Mn
Jun 30, 2025 120.56 Mn
Mar 31, 2025 82.11 Mn
Dec 31, 2024 96.44 Mn
Sep 30, 2024 95.30 Mn
Jun 30, 2024 86.19 Mn
Mar 31, 2024 62.40 Mn
Dec 31, 2023 38.16 Mn
Sep 30, 2023 45.63 Mn
Jun 30, 2023 77.30 Mn
Mar 31, 2023 79.68 Mn
Dec 31, 2022 -29.87 Mn
Oct 1, 2022 65.97 Mn
Jul 2, 2022 85.73 Mn
Apr 2, 2022 74.59 Mn
Jan 1, 2022 42.83 Mn
Oct 2, 2021 12.39 Mn