RECEIVABLES, NET (Tables)

9 Months Ended

Sep. 30, 2026

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


	As of
	September 30, 2026		December 31, 2025
	(In thousands)
Accounts receivable	$	560,975	$	492,834
Unbilled accounts receivable	553,903		455,993
Long-term receivables	60,900		52,451
Total receivables	1,175,778		1,001,278
Less allowance for doubtful accounts	(4,287)		(3,888)
Total receivables, net	$	1,171,491	$	997,390