| OTHER INCOME, NET |
OTHER INCOME, NET Cadence’s other income, net, for the three and six months ended June 30, 2026 and June 30, 2025 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | | (In thousands) | | Interest income | $ | 9,937 | | | $ | 25,978 | | | $ | 28,202 | | | $ | 52,200 | | Gain on sale of IP and other assets | — | | | — | | | — | | | 11,500 | | | Gain on investments | 71,892 | | | 38,445 | | | 85,817 | | | 25,154 | | | Gain on securities in Nonqualified Deferred Compensation (“NQDC”) trust | 11,430 | | | 7,778 | | | 8,604 | | | 6,205 | | Gain (loss) on foreign exchange | 910 | | | (4,172) | | | 468 | | | (3,363) | | | Other income (expense), net | 886 | | | (271) | | | 351 | | | (648) | | Total other income, net | $ | 95,055 | | | $ | 67,758 | | | $ | 123,442 | | | $ | 91,048 | |
For additional information relating to Cadence’s investment activity, see Note 11 in the notes to condensed consolidated financial statements.
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