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Non-Current Assets

Deferred Tax Assets

Cadence Design Systems Deferred Tax Assets decreased by 8.1% to $843.21M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.5%, from $986.19M to $843.21M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows an upward trend with a 4.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026May 1, 2026

How to read this metric

Significant changes may indicate shifts in tax planning, changes in tax law, or adjustments to valuation allowances based on future profitability expectations.

Detailed definition

These assets arise when the company's tax expense for financial reporting purposes is higher than the amount currently p...

Peer comparison

Highly dependent on the company's specific tax jurisdiction and historical operating performance.

Metric ID: non_current_assets_deferred_income_tax_assets_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$729.79M$766.04M$763.77M$787.11M$802.89M$783.32M$853.69M$864.75M$872.15M$874.81M$880M$886.58M$892.96M$889.94M$982.06M$986.19M$980.22M$892.57M$917.73M$843.21M
QoQ Change+5.0%-0.3%+3.1%+2.0%-2.4%+9.0%+1.3%+0.9%+0.3%+0.6%+0.7%+0.7%-0.3%+10.4%+0.4%-0.6%-8.9%+2.8%-8.1%
YoY Change+10.0%+2.3%+11.8%+9.9%+8.6%+11.7%+3.1%+2.5%+2.4%+1.7%+11.6%+11.2%+9.8%+0.3%-6.5%-14.5%
Range$729.79M$986.19M
CAGR+3.1%
Avg YoY Growth+4.7%
Median YoY Growth+5.9%

Frequently Asked Questions

What is Cadence Design Systems's deferred tax assets?
Cadence Design Systems (CDNS) reported deferred tax assets of $843.21M in Q1 2026.
How has Cadence Design Systems's deferred tax assets changed year-over-year?
Cadence Design Systems's deferred tax assets decreased by 14.5% year-over-year, from $986.19M to $843.21M.
What is the long-term trend for Cadence Design Systems's deferred tax assets?
Over 5 years (2020 to 2025), Cadence Design Systems's deferred tax assets has grown at a 4.6% compound annual growth rate (CAGR), from $732.29M to $917.73M.
What does deferred tax assets mean?
Future tax savings the company expects to realize due to timing differences in accounting.