Tax

Current State and Local Tax Expense (Benefit)

Cadence Design Systems Current State and Local Tax Expense (Benefit) remained flat by 0.0% to $16.83M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.5%, from $12.61M to $16.83M. Over 4 years (FY 2021 to FY 2025), Current State and Local Tax Expense (Benefit) shows an upward trend with a 27.8% CAGR.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2013
Last reportedQ4 2025Feb 19, 2026
Metric ID: unp_current_state_and_local_tax

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$25.25M$7.28M$15.93M$50.43M$67.32M
YoY Change—-71.2%+118.9%+216.5%+33.5%
Range$7.28M – $67.32M
CAGR+27.8%
Avg YoY Growth+74.4%
Median YoY Growth+76.2%
Current Streak3 years growth

Frequently Asked Questions

What is Cadence Design Systems's current state and local tax expense (benefit)?
Cadence Design Systems (CDNS) reported current state and local tax expense (benefit) of $16.83M in Q4 2025.
How has Cadence Design Systems's current state and local tax expense (benefit) changed year-over-year?
Cadence Design Systems's current state and local tax expense (benefit) increased by 33.5% year-over-year, from $12.61M to $16.83M.
What is the long-term trend for Cadence Design Systems's current state and local tax expense (benefit)?
Over 4 years (2021 to 2025), Cadence Design Systems's current state and local tax expense (benefit) has grown at a 27.8% compound annual growth rate (CAGR), from $25.25M to $67.32M.