Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026)
Cadence Design Systems (CDNS) reported Tax Provisions of $143.16 million for Q2 2026, up 18.7% from $120.56 million a year earlier and up 54.9% from the prior quarter.
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Analysis
Cadence Design Systems (CDNS) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cadence Design Systems' Tax Provisions came in at $446.09 million, up 13.1% year-over-year; for FY2025, it was $413.16 million, up 21.4% from FY2024.
- Tax Provisions has increased for four consecutive years, with a four-year compound annual growth rate of 54.5% (FY2021 to FY2025).
- By year, Tax Provisions came in at $340.34 million in FY2024 (+41.3%), $240.78 million in FY2023 (+22.6%), $196.41 million in FY2022 (+171.0%) and $72.48 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions in data going back to Q4 2010.
- Year over year, Tax Provisions has now increased in each of the last nine quarters, with growth averaging 48.0% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q4 2024 (growth of 152.7%); the low point was Q3 2023 (a decline of 30.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $92.44 million (Q1 2026), $104.83 million (Q4 2025) and $105.66 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | 11.82 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 4.92 Bn |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 2.19 Bn |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | 6.58 Bn |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | - |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | 29.00 Mn |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | 277.86 Mn |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 369.00 Mn |
| 10 | Cadence Design Systems | 89.00 Bn | 80.40 Bn | 1.35 Bn | 143.16 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Cadence Design Systems Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=CDNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "CDNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=CDNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();