Tax

State & Local Tax (Current)

Cadence Design Systems State & Local Tax (Current) 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), State & Local Tax (Current) shows an upward trend with a 27.8% CAGR.

Analysis

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

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