XML 52 R26.htm IDEA: XBRL DOCUMENT v3.25.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from external customers by product category
The following table shows the percentage of revenue contributed by each of Cadence’s product categories for the three months ended March 31, 2025 and March 31, 2024:
 Three Months Ended
 March 31,
2025
March 31,
2024
Core EDA*
71 %76 %
Semiconductor IP (“IP”)
14 %12 %
System Design and Analysis15 %12 %
Total100 %100 %
_____________
* Includes immaterial amount of revenue accounted for under leasing arrangements.
Disaggregation of revenue
The following table shows the percentage of Cadence’s revenue that is classified as recurring or up-front for the three months ended March 31, 2025 and March 31, 2024:
 Three Months Ended
 March 31,
2025
March 31,
2024
Revenue recognized over time77 %87 %
Revenue from arrangements with non-cancelable commitments%%
Recurring revenue80 %90 %
Up-front revenue20 %10 %
Total100 %100 %
Contract balances
Cadence’s contract balances as of March 31, 2025 and December 31, 2024 were as follows:
 As of
 March 31,
2025
December 31,
2024
 (In thousands)
Contract assets$70,775 $29,339 
Deferred revenue841,272 852,581