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Cadence Design Systems (CDNS) Tax Rate (2016 - 2026)

Cadence Design Systems (CDNS) has disclosed Tax Rate for 18 consecutive years, with 21.59% as the latest value for Q1 2026.

  • For Q1 2026, Tax Rate fell 149.0% year-over-year to 21.59%; the TTM value through Mar 2026 reached 26.56%, up 158.0%, while the annual FY2025 figure was 27.14%, 276.0% up from the prior year.
  • Tax Rate hit 21.59% in Q1 2026 for Cadence Design Systems, 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.
  • Average Tax Rate over 5 years is 21.73%, with a median of 23.58% recorded in 2022.
  • Year-over-year, Tax Rate crashed -2749bps in 2022 and then soared 2473bps in 2023.
  • Cadence Design Systems' Tax Rate stood at 14.19% in 2022, then skyrocketed by 174bps to 10.54% in 2023, then skyrocketed by 110bps to 22.09% in 2024, then decreased by -4bps to 21.26% in 2025, then increased by 2bps to 21.59% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 21.59%, 21.26%, and 26.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.