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