CRNC
Cerence Inc
NASDAQ: CRNC · TECHNOLOGY · SOFTWARE - APPLICATION
$9.10
+6.56% today
Updated 2026-04-30
Market cap
$393.46M
P/E ratio
437.00
P/S ratio
1.25x
EPS (TTM)
$0.02
Dividend yield
—
52W range
$6 – $14
Volume
0.7M
Cerence Inc (CRNC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $211.14M | $244.73M | $276.98M | $303.31M | $330.97M | $387.18M | $327.89M | $294.48M | $331.50M | $251.78M |
| Revenue growth (YoY) | — | +15.9% | +13.2% | +9.5% | +9.1% | +17.0% | -15.3% | -10.2% | +12.6% | -24.0% |
| Cost of revenue | $68.30M | $76.35M | $93.27M | $113.53M | $120.39M | $113.76M | $108.68M | $101.02M | $89.44M | $70.31M |
| Gross profit | $142.83M | $168.38M | $183.71M | $189.79M | $210.57M | $273.42M | $219.21M | $193.46M | $242.07M | $181.47M |
| Gross margin | 67.6% | 68.8% | 66.3% | 62.6% | 63.6% | 70.6% | 66.9% | 65.7% | 73.0% | 72.1% |
| R&D | $53.57M | $56.76M | $80.96M | $93.06M | $88.90M | $112.07M | $107.12M | $123.33M | $121.56M | $97.76M |
| SG&A | $14.37M | $17.48M | $19.87M | $25.93M | $49.39M | $56.98M | $42.65M | $57.90M | $52.47M | $48.77M |
| Operating income | $49.72M | $66.28M | $53.80M | $36.20M | $38.89M | $65.69M | $38.34M | $-15.28M | $46.31M | $13.13M |
| Operating margin | 23.5% | 27.1% | 19.4% | 11.9% | 11.8% | 17.0% | 11.7% | -5.2% | 14.0% | 5.2% |
| EBITDA | $67.01M | $82.87M | $62.56M | $40.05M | $29.74M | $91.93M | $-160.42M | $-5.58M | $-561.43M | $11.95M |
| EBITDA margin | 31.7% | 33.9% | 22.6% | 13.2% | 9.0% | 23.7% | -48.9% | -1.9% | -169.4% | 4.7% |
| EBIT | $47.26M | $63.20M | $36.80M | $11.18M | $-303000.00 | $62.27M | $-184.36M | $-21.62M | $-572.06M | $1.40M |
| Interest expense | $0.00 | $0.00 | $0.00 | $50.33M | $22.74M | $14.00M | $14.39M | $14.77M | $12.55M | $10.22M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $34.94M | $47.28M | $5.88M | $100.27M | $-18.32M | $45.89M | $-310.83M | $-56.25M | $-588.08M | $-18.71M |
| Net income growth (YoY) | — | +35.3% | -87.6% | +1604.9% | -118.3% | +350.6% | -777.3% | +81.9% | -945.4% | +96.8% |
| Profit margin | 16.5% | 19.3% | 2.1% | 33.1% | -5.5% | 11.9% | -94.8% | -19.1% | -177.4% | -7.4% |