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CADENCE DESIGN SYSTEMS INC Income Tax Expense 2009-2026 | CDNS

Annual FY2009–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$413.2M

+21.4%YoY vs FY2024Source: 10-KFY2025

From $239.2M in FY2009 to $413.2M in FY2025: 1.7× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$92M+12.6%Not reportedNot reportedNot reported
FY25$82M+31.6%$121M+39.9%$106M+10.9%$105M+8.7%
FY24$62M−21.7%$86M+11.5%$95M+108.9%$96M+152.7%
FY23$80M+6.8%$77M−9.8%$46M−30.8%$38M
FY22$75M+1104.6%$86M+342.4%$66M+1515.7%Not reported
Share22%34%18%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

N/A

FY2019
−$510.0M
FY2025
$413.2M

5 years selected · on the chart

01—History

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  15. $413.2M
YoY changeLargest recent move+366.5%in FY22Latest +21.4%

6 older moves run past ±150% (largest −1766.0%); point at, tap or drag across the bars to read one.

02—Ledger

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$413.2M+21.4%10-K
FY2024$340.3M+41.3%10-K
FY2023$240.8M+22.6%10-K
FY2022$196.4M+366.5%10-K
FY2021$42.1M+108.3%10-K
FY2019−$510.0M−1766.0%10-K
FY2018$30.6M−72.4%10-K
FY2017$110.9M+225.7%10-K
FY2016$34.1M+54.1%10-K
FY2015$22.1M+521.3%10-K
FY2013−$5.2M+97.9%10-K
FY2012−$251.7M−1185.0%10-K
FY2011$23.2M+738.3%10-K
FY2010−$3.6M−101.5%10-K
FY2009$239.2M—10-K

03—Questions

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is CADENCE DESIGN SYSTEMS INC's current income tax expense?

CADENCE DESIGN SYSTEMS INC (CDNS) annual income tax expense for 2025 was $413.2M, a 21.40% increase from 2024. CADENCE DESIGN SYSTEMS INC income tax expense for the quarter ending March 31, 2026 was $92.4M.

What was CADENCE DESIGN SYSTEMS INC's income tax expense in 2024?

CADENCE DESIGN SYSTEMS INC annual income tax expense for 2024 was $340.3M, a 41.35% increase from 2023.

What was CADENCE DESIGN SYSTEMS INC's income tax expense in 2023?

CADENCE DESIGN SYSTEMS INC annual income tax expense for 2023 was $240.8M, a 22.59% increase from 2022.

What is CADENCE DESIGN SYSTEMS INC's 4-year income tax expense CAGR?

CADENCE DESIGN SYSTEMS INC income tax expense grew at a compound annual growth rate (CAGR) of 76.99% from FY2021 to FY2025, going from $42.1M to $413.2M over 4 years.

Company
CADENCE DESIGN SYSTEMS INC
Ticker
CDNS
Sector
Technology
Industry
Services-Prepackaged Software
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