CDNS (Cadence Design Systems) Deferred Tax : $-129 Mil (TTM As of Mar. 2025)

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What is Cadence Design Systems Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Cadence Design Systems's change in deferred tax for the three months ended in Mar. 2025 was $-2 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2025 was $-129 Mil.

Cadence Design Systems Deferred Tax Historical Data

The historical data trend for Cadence Design Systems's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cadence Design Systems Deferred Tax Chart

Cadence Design Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Deferred Tax

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-26.12

-43.18

-107.61

-36.51

-128.74

Cadence Design Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Deferred Tax	Get a 7-Day Free Trial															-1.52	-7.98	4.42	-123.66	-1.86

Cadence Design Systems Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-129 Mil.

Cadence Design Systems Deferred Tax Related Terms

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Cadence Design Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (NAS:CDNS) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

CDNS:Mexico 1CDNS:Italy 0HS2:UK CDS:Germany CDS:Germany C1DN34:Brazil CDNS:Austria

Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.

Executives

James D Plummer	director	233 KANSAS STREET, EL SEGUNDO CA 90245
Anirudh Devgan	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Paul Cunningham	officer: Sr. Vice President	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Ita M Brennan	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Karna Nisewaner	officer: Corporate VP, General Counsel	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Chin-chi Teng	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
John M Wall	officer: Sr. VP & CFO	2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni	director
Aneel Zaman	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
Thomas P Beckley	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams	director	834 TERRACE DRIVE, LOS ALTOS CA 94024
Lip Bu Tan	director	ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn	director	1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven	director
Mary L Krakauer	director	176 SOUTH STREET, HOPKINTON MA 01748