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

Cadence Design Systems has reported Tax Rate for 18 years, with the latest figure 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.
• The five-year high for Tax Rate was 42.96% in Q2 2025, with the low at 14.19% in Q4 2022.
• Historically, Tax Rate has averaged 21.73% across 5 years, with a median of 23.58% in 2022.
• Annual changes were most pronounced in 2022 — Tax Rate sank 2749 bps — and 2023, when it surged 2473 bps.
• Cadence Design Systems' Tax Rate stood at 14.19% in 2022, then surged by 174 bps to 10.54% in 2023, then surged by 110 bps to 22.09% in 2024, then slipped by 4 bps to 21.26% in 2025, then climbed 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.