Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026)
Cadence Design Systems (CDNS) reported Tax Provisions of $92.4 million for Q1 2026, up 12.58% on a YoY basis from $82.1 million in Q1 2025, and down 11.81% quarter-over-quarter from $104.8 million in Q4 2025.
Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026) Analysis & Trends
Cadence Design Systems has reported Tax Provisions for 18 years, with the latest figure at $92.4 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 12.58% year-over-year to $92.4 million; the trailing twelve-month figure through Mar 2026 stood at $423.5 million (up 17.62% YoY), and the FY2025 full-year result was $413.2 million, up 21.4% from the prior year.
- Tax Provisions for Q1 2026 stood at $92.4 million, down from $104.8 million in the prior quarter.
- The five-year high for Tax Provisions was $120.6 million in Q2 2025, with the low at -$29.9 million in Q4 2022.
- Historically, Tax Provisions has averaged $73.7 million across 5 years, with a median of $80.9 million in 2023.
- The largest YoY upside for Tax Provisions was 432.51% in 2022 against a maximum downside of 169.74% in 2022.
- Cadence Design Systems' Tax Provisions 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 fell by 11.81% to $92.4 million in 2026.
- The last three Tax Provisions figures came in at $92.4 million (Q1 2026), $104.8 million (Q4 2025), and $105.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -32.53 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -53.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 614.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 92.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 204.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 526.00 Mn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 3, 2021 | 27.37 Mn |