Company / Income Tax
Cadence Design Systems Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$413.2M
FY2025
5-year range
-$510.0M / $413.2M
FY2021-FY2025
Trend
+21.4%
vs FY2024
Sector context
#26 of 306
Information Technology
What the data says
Among 306 Information Technology companies, Cadence Design Systems is in the bottom 8% for income tax. Income Tax has increased for 4 consecutive years, from -$510M in FY2021 to $413M in FY2025.
Based on SEC 10-K filings.
$413M in FY2025 with a 5-year CAGR of +57.9%. Top quartile in the Information Technology sector.
Increased from $241M to $413M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +114.1%
- 5-Year CAGR
- +57.9%
- 10-Year CAGR
- -
Sector benchmark
+53.7% above sector average
Key checks
Key Insights
- Cadence Design Systems's income tax has grown for 4 consecutive years.
- 5-year CAGR of +57.9%, indicating consistent growth.
- In FY2025, income tax increased 21.4% year-over-year.
- Ranks #26 out of 306 companies in the Information Technology sector.
Company context
Key Data Points
- Strong profit margin: 20.3%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.4%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $413.2M | +21.4% |
| FY2024 | $340.3M | +41.3% |
| FY2023 | $240.8M | +471.9% |
| FY2022 | $42.1M | +108.3% |
| FY2021 | -$510.0M | -1311.3% |
| FY2020 | $42.1M | +108.3% |
| FY2019 | -$510.0M | -1766.0% |
| FY2018 | $30.6M | +101.7% |
| FY2017 | $15.2M | -31.3% |
| FY2016 | $22.1M | +45.6% |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026