Growth Metrics

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

Cadence Design Systems posted quarterly Tax Rate of 21.59% for Q1 2026, down 149.0% year-on-year from 44.07% in Q1 2025, and up 1.55% on a QoQ basis from 21.26% in Q4 2025.

Cadence Design Systems (CDNS) has 18 years of Tax Rate data on file, last reported at 21.59% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 149.0% year-over-year to 21.59%; the trailing twelve-month figure through Mar 2026 stood at 26.56% (up 158.0% YoY), and the FY2025 full-year result was 27.14%, up 276.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 21.59%, up from 21.26% 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.
  • The 5-year median for Tax Rate is 23.58% (2022), against an average of 21.73%.
  • The widest annual swing landed in 2022, when Tax Rate tumbled 2749 bps; it then surged 2473 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 14.19% in 2022, then soared by 174 bps to 10.54% in 2023, then soared by 110 bps to 22.09% in 2024, then dropped by 4 bps to 21.26% in 2025, then grew by 2 bps to 21.59% in 2026.
  • The last three Tax Rate figures came in at 21.59% (Q1 2026), 21.26% (Q4 2025), and 26.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 25.31
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 39.11
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 8.36
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 30.31
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 21.59
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 22.01
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 23.68
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 24.29
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn 10.79

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 21.59
Mar 31, 2026 21.59
Dec 31, 2025 21.26
Dec 31, 2025 21.26
Sep 30, 2025 26.90
Sep 30, 2025 26.90
Jun 30, 2025 42.96
Jun 30, 2025 42.96
Mar 31, 2025 23.09
Mar 31, 2025 23.09
Dec 31, 2024 22.09
Dec 31, 2024 22.09
Sep 30, 2024 28.58
Sep 30, 2024 28.58
Jun 30, 2024 27.30
Jun 30, 2024 27.30
Mar 31, 2024 20.13
Mar 31, 2024 20.13
Dec 31, 2023 10.54
Dec 31, 2023 10.54
Sep 30, 2023 15.21
Sep 30, 2023 15.21
Jun 30, 2023 25.90
Jun 30, 2023 25.90
Mar 31, 2023 24.79
Mar 31, 2023 24.79
Dec 31, 2022 -14.19
Dec 31, 2022 -14.19
Oct 1, 2022 26.15
Oct 1, 2022 26.15
Jul 2, 2022 31.44
Jul 2, 2022 31.44
Apr 2, 2022 24.07
Apr 2, 2022 24.07
Jan 1, 2022 13.31
Jan 1, 2022 13.31
Oct 2, 2021 6.57
Oct 2, 2021 6.57
Jul 3, 2021 14.93
Jul 3, 2021 14.93
Apr 3, 2021 7.53
Apr 3, 2021 7.53
Sep 26, 2020 2.46
Sep 26, 2020 2.46
Jun 27, 2020 12.86
Jun 27, 2020 12.86
Mar 28, 2020 4.76
Mar 28, 2020 4.76
Dec 28, 2019 -525.73
Dec 28, 2019 -525.73
Sep 28, 2019 13.02
Sep 28, 2019 13.02
Jun 29, 2019 16.61
Jun 29, 2019 16.61
Mar 30, 2019 6.00
Mar 30, 2019 6.00
Dec 29, 2018 9.40
Dec 29, 2018 9.40
Sep 29, 2018 0.24
Sep 29, 2018 0.24
Jun 30, 2018 16.52
Jun 30, 2018 16.52
Mar 31, 2018 6.76
Mar 31, 2018 6.76
Dec 30, 2017 118.77
Dec 30, 2017 118.77
Sep 30, 2017 6.23
Sep 30, 2017 6.23
Jul 1, 2017 10.65
Jul 1, 2017 10.65
Apr 1, 2017 7.98
Apr 1, 2017 7.98
Dec 31, 2016 26.34
Dec 31, 2016 26.34
Oct 1, 2016 -1.71
Oct 1, 2016 -1.71
Jul 2, 2016 22.74
Jul 2, 2016 22.74
Apr 2, 2016 11.98
Apr 2, 2016 11.98
Jan 2, 2016 -3.43
Jan 2, 2016 -3.43
Oct 3, 2015 -2.73
Oct 3, 2015 -2.73
Jul 4, 2015 16.40
Jul 4, 2015 16.40
Apr 4, 2015 14.31
Apr 4, 2015 14.31
Sep 27, 2014 18.60
Sep 27, 2014 18.60
Jun 28, 2014 21.84
Jun 28, 2014 21.84
Mar 29, 2014 13.94
Mar 29, 2014 13.94
Dec 28, 2013 -28.10
Dec 28, 2013 -28.10
Sep 28, 2013 5.83
Sep 28, 2013 5.83
Jun 29, 2013 74.94
Jun 29, 2013 74.94
Mar 30, 2013 -53.99
Mar 30, 2013 -53.99
Dec 29, 2012 -495.27
Dec 29, 2012 -495.27
Sep 29, 2012 -15.84
Sep 29, 2012 -15.84
Jun 30, 2012 20.42
Jun 30, 2012 20.42
Mar 31, 2012 20.75
Mar 31, 2012 20.75
Dec 31, 2011 67.22
Dec 31, 2011 67.22
Oct 1, 2011 1.70
Oct 1, 2011 1.70
Jul 2, 2011 -19.15
Jul 2, 2011 -19.15
Apr 2, 2011 42.66
Apr 2, 2011 42.66
Jan 1, 2011 -293.33
Jan 1, 2011 -293.33
Oct 2, 2010 869.79
Oct 2, 2010 869.79
Jul 3, 2010 930.46
Jul 3, 2010 930.46
Apr 3, 2010 -39.28
Apr 3, 2010 -39.28
Oct 3, 2009 2.61
Oct 3, 2009 2.61
Jul 4, 2009 -17.66
Jul 4, 2009 -17.66