RECEIVABLES, NET (Tables)

6 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Current and long-term accounts receivable balances

Cadence’s current and long-term receivables balances as of June 30, 2025 and December 31, 2024 were as follows:

	As of
	June 30, 2025		December 31, 2024
	(In thousands)
Accounts receivable	$	359,103	$	393,017
Unbilled accounts receivable	315,586		293,251
Long-term receivables	51,464		24,179
Total receivables	726,153		710,447
Less allowance for doubtful accounts	(4,523)		(5,808)
Total receivables, net	$	721,630	$	704,639