RECEIVABLES, NET (Tables)

6 Months Ended

Jun. 30, 2026

Cadence’s current and long-term receivables balances as of June 30, 2026 and December 31, 2025 were as follows:


	As of
	June 30, 2026		December 31, 2025
	(In thousands)
Accounts receivable	$	504,420	$	492,834
Unbilled accounts receivable	564,614		455,993
Long-term receivables	60,185		52,451
Total receivables	1,129,219		1,001,278
Less allowance for doubtful accounts	(4,011)		(3,888)
Total receivables, net	$	1,125,208	$	997,390