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

Cadence Design Systems (CDNS) has reported Tax Rate for 18 consecutive years, with 28.06% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate fell 1491.0% year-over-year to 28.06%; the trailing twelve-month figure through Jun 2026 stood at 24.46% (down 359.0% YoY), and the FY2025 full-year result was 27.14%, up 276.0% from the prior year.
• Tax Rate rose to 28.06% in Q2 2026 per CDNS's latest filing, from 21.59% in the prior quarter.
• Across five years, Tax Rate topped out at 42.96% in Q2 2025 and bottomed at 14.19% in Q4 2022.
• Historically, Tax Rate has averaged 22.06% across 5 years, with a median of 24.07% in 2022.
• The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 2749 bps in 2022, then soared 2473 bps in 2023.
• Over 5 years, Tax Rate stood at 14.19% in 2022, then jumped by 174 bps to 10.54% in 2023, then jumped by 110 bps to 22.09% in 2024, then declined by 4 bps to 21.26% in 2025, then jumped by 32 bps to 28.06% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 28.06%, 21.59%, and 21.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.