Cerence Inc.
Cerence Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash Equivalents At Carrying Value | 128 | 108 | 92 | 84 | 74 | 117 | 104 | 121 | 116 | 99 | 99 | 101 | |||||
Marketable Securities Current | 0 | 0 | 3 | 3 | 5 | 5 | 4 | 6 | 5 | 9 | 10 | 9 | |||||
Accounts Receivable Net Current | 46 | 64 | 51 | 59 | 62 | 65 | 48 | 63 | 73 | 67 | 59 | 61 | |||||
Deferred Costs Current | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 5 | 6 | 7 | |||||
Prepaid Expense And Other Assets Current | 34 | 28 | 36 | 40 | 44 | 40 | 40 | 70 | 40 | 52 | 56 | 47 | |||||
Assets Current | 212 | 204 | 186 | 191 | 190 | 232 | 200 | 266 | 240 | 233 | 228 | 226 | |||||
Marketable Securities Noncurrent | - | - | - | 0 | 0 | 0 | 3 | 3 | 5 | 7 | 8 | 11 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 34 | 36 | 36 | 35 | 29 | 29 | 30 | 31 | 32 | 33 | 34 | |||||
Deferred Costs | 13 | 14 | 15 | 16 | 16 | 16 | 16 | 18 | 18 | 19 | 20 | 20 | |||||
Operating Lease Right Of Use Asset | 12 | 14 | 15 | 17 | 17 | 18 | 13 | 13 | 12 | 11 | 12 | 12 | |||||
Goodwill | 296 | 297 | 299 | 299 | 299 | 293 | 289 | 297 | 292 | 651 | 906 | 900 | |||||
Finite Lived Intangible Assets Net | - | - | - | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 4 | |||||
Deferred Income Tax Assets Net | 39 | 37 | 33 | 54 | 59 | 55 | 46 | 51 | 50 | 7 | 17 | 47 | |||||
Other Assets Noncurrent | 17 | 17 | 18 | 19 | 20 | 21 | 21 | 22 | 24 | 25 | 38 | 44 | |||||
Assets | 621 | 617 | 602 | 631 | 637 | 666 | 618 | 702 | 674 | 987 | 1,265 | 1,298 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 3 | 8 | 5 | 1 | 6 | 7 | 8 | 4 | 10 | 16 | 19 | 17 | |||||
Contract With Customer Liability Current | 56 | 57 | 52 | 52 | 53 | 50 | 48 | 53 | 44 | 45 | 43 | 77 | |||||
Operating Lease Liability Current | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 5 | |||||
Accrued Liabilities And Other Liabilities | 39 | 38 | 37 | 44 | 45 | 38 | 33 | 68 | 38 | 40 | 52 | 49 | |||||
Liabilities Current | 102 | 107 | 99 | 101 | 108 | 158 | 152 | 217 | 183 | 107 | 120 | 148 | |||||
Long Term Debt Noncurrent | 173 | 173 | 172 | 200 | 199 | 198 | 196 | 195 | 193 | 279 | 277 | 276 | |||||
Long Term Debt Current | - | - | 0 | 0 | 0 | 60 | 60 | 87 | 87 | - | - | - | |||||
Contract With Customer Liability Noncurrent | 142 | 141 | 142 | 140 | 133 | 120 | 113 | 114 | 109 | 103 | 101 | 146 | |||||
Operating Lease Liability Noncurrent | 10 | 11 | 12 | 13 | 14 | 15 | 10 | 9 | 8 | 7 | 8 | 8 | |||||
Other Liabilities Noncurrent | 27 | 26 | 27 | 26 | 28 | 26 | 25 | 26 | 26 | 28 | 27 | 25 | |||||
Liabilities | 455 | 458 | 452 | 480 | 481 | 516 | 497 | 561 | 520 | 524 | 534 | 603 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -28 | -27 | -26 | -25 | -26 | -29 | -30 | -26 | -29 | -27 | -23 | -28 | |||||
Additional Paid In Capital Common Stock | 1,136 | 1,129 | 1,121 | 1,116 | 1,108 | 1,102 | 1,096 | 1,088 | 1,084 | 1,078 | 1,064 | 1,056 | |||||
Retained Earnings Accumulated Deficit | -942 | -944 | -946 | -940 | -927 | -924 | -946 | -922 | -901 | -588 | -310 | -334 | |||||
Stockholders Equity | 166 | 159 | 150 | 151 | 156 | 149 | 121 | 141 | 154 | 463 | 731 | 695 | |||||
Liabilities And Stockholders Equity | 621 | 617 | 602 | 631 | 637 | 666 | 618 | 702 | 674 | 987 | 1,265 | 1,298 | |||||
Allowance For Doubtful Accounts Receivable Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 4 | 4 | 4 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 560 | 560 | 560 | 560 | 560 | 560 | 560 | 560 | 560 | 560 | 560 | 560 | |||||
Common Stock Shares Issued | 45 | 45 | 45 | 43 | 43 | 43 | 43 | 42 | 42 | 42 | 41 | 40 | |||||
Shares Outstanding | 45 | 45 | 45 | 43 | 43 | 43 | 43 | 42 | 42 | 42 | 41 | 40 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.40% | -20.78% | 14.25% | 22.01% | 0.66% | -19.88% | - | - | - | - | - | - |
| 2025 | -10.44% | -38.03% | -23.78% | -14.90% | -5.60% | -7.90% | 22.73% | 38.93% | 34.73% | 13.91% | 22.28% | -23.07% |
| 2024 | -6.20% | -0.32% | -38.54% | -35.70% | -47.10% | -38.88% | 30.95% | 17.06% | 15.87% | 8.64% | 78.19% | 94.62% |
| 2023 | - | - | - | - | - | - | -1.98% | -22.52% | -42.41% | 8.64% | 8.53% | -13.16% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.08 | 1.90 | 1.88 | 1.89 | 1.77 | 1.47 | 1.32 | 1.22 | 1.31 | 2.18 | 1.90 | 1.52 | |||||
| Quick Ratio | 1.74 | 1.64 | 1.51 | 1.49 | 1.36 | 1.22 | 1.06 | 0.90 | 1.09 | 1.69 | 1.44 | 1.21 | |||||
| Working Capital | 110.32M | 96.98M | 86.90M | 89.57M | 82.53M | 74.28M | 48.09M | 48.70M | 56.31M | 126.08M | 108.38M | 77.63M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.73 | 2.89 | 3.00 | 3.19 | 3.09 | 3.46 | 4.12 | 3.98 | 3.37 | 1.13 | 0.73 | 0.87 | |||||
| Interest Coverage TTM | 4.28 | 3.33 | 5.17 | -0.22 | -1.70 | -30.35 | -51.57 | -46.20 | -44.25 | -15.47 | 2.30 | -1.84 | |||||
| Debt Ratio | 0.73 | 0.74 | 0.75 | 0.76 | 0.76 | 0.78 | 0.80 | 0.80 | 0.77 | 0.53 | 0.42 | 0.46 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.49 | 0.47 | 0.52 | 0.38 | 0.38 | 0.31 | 0.26 | 0.33 | 0.36 | 0.30 | 0.27 | 0.23 | |||||
| Days Sales Outstanding TTM | 63.76 | 77.69 | 57.12 | 88.21 | 100.19 | 94.61 | 79.53 | 68.28 | 66.26 | 67.14 | 65.41 | 65.91 | |||||
| Receivables Turnover TTM | 5.72 | 4.70 | 6.39 | 4.14 | 3.64 | 3.86 | 4.59 | 5.35 | 5.51 | 5.44 | 5.58 | 5.54 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.32 | -0.42 | 0.01 | -0.43 | -0.60 | -6.53 | -14.83 | -14.12 | -13.86 | -6.76 | -0.61 | -1.40 | |||||
| Free Cash Flow Per Share TTM | 1.74 | 1.66 | 1.66 | 1.08 | 0.96 | 0.87 | 0.56 | 0.29 | 0.41 | -0.11 | 0.03 | 0.06 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 78.69% | 78.28% | 78.94% | 72.74% | 70.76% | 70.24% | 67.75% | 73.69% | 74.72% | 73.84% | 72.70% | 67.68% | |||||
| Operating Profit Margin TTM | 8.72% | 8.00% | 13.91% | -0.91% | -8.03% | -146.99% | -268.56% | -174.94% | -155.77% | -60.36% | 9.55% | -9.24% | |||||
| Net Profit Margin TTM | -4.97% | -6.50% | 0.11% | -7.43% | -10.48% | -132.39% | -260.68% | -177.40% | -162.03% | -80.93% | -8.66% | -19.10% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 25.84% | 18.84% | 29.46% | -24.05% | -31.20% | -27.06% | -30.10% | 12.57% | 31.49% | 16.49% | 10.10% | -10.19% | |||||
| Net Income Growth (1Y) | -40.26% | -94.16% | -100.05% | -96.82% | -95.55% | 19.31% | 2,003.98% | 945.40% | 110.75% | -21.11% | -90.89% | -81.90% | |||||
| EPS Growth (1Y) | -42.80% | -94.40% | -100.05% | -96.93% | -95.70% | 15.17% | 1,920.06% | 909.57% | 103.34% | -23.96% | -91.16% | -82.36% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -33.23 | -14.48 | 1,434.47 | -28.75 | -17.14 | -1.01 | -0.53 | -0.22 | -0.20 | -2.33 | -26.78 | -14.56 | |||||
| P/B TTM | 3.07 | 1.79 | 3.19 | 3.57 | 2.84 | 2.29 | 2.79 | 0.93 | 0.77 | 1.42 | 1.11 | 1.18 | |||||
| P/S TTM | 1.65 | 0.94 | 1.52 | 2.14 | 1.80 | 1.34 | 1.38 | 0.40 | 0.33 | 1.89 | 2.32 | 2.78 | |||||
| Market Cap | 511.48M | 284.55M | 480.55M | 538.02M | 441.71M | 341.46M | 336.74M | 131.17M | 118.28M | 657.15M | 809.72M | 819.18M | |||||
| Enterprise Value | 557.33M | 348.98M | 560.34M | 653.70M | 566.86M | 481.74M | 488.80M | 291.59M | 283.14M | 836.87M | 988.40M | 993.98M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 78.64M | 75.07M | 74.57M | 46.82M | 41.74M | 37.76M | 23.84M | 12.20M | 17.26M | -4.53M | 1.43M | 2.37M | |||||
| Net Debt | 45.85M | 64.43M | 79.79M | 115.68M | 125.15M | 140.28M | 152.06M | 160.42M | 164.86M | 179.71M | 178.68M | 174.80M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Cerence Inc. (CRNC) — SEC Financial Statements & Analysis
Cerence Inc. (CRNC) is a services-prepackaged software company, incorporated in DE. Cerence Inc. trades on Nasdaq as: CRNC. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Cerence Inc. reported a 25.84% year-over-year revenue growth, a Gross Profit Margin of 78.69% (TTM), a Debt-to-Equity ratio of 2.73x, a Price-to-Sales (P/S) ratio of 1.65x (TTM), a Price-to-Book (P/B) ratio of 3.07x (TTM), at a market cap of $511.48M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 25.84%
- Gross Profit Margin TTM
- 78.69%
- Debt To Equity
- 2.73x
- P/S TTM
- 1.65x
- P/B TTM
- 3.07x
- Market Cap
- $511.48M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Cerence Inc. in?
Cerence Inc. (CRNC) operates in the Services-Prepackaged Software industry.
What is CRNC's market cap?
Cerence Inc. (CRNC) has a market capitalization of $511.48M as of 2026-06-30.
What exchange does CRNC trade on?
Cerence Inc. (CRNC) trades on the Nasdaq.
Where is Cerence Inc. incorporated?
Cerence Inc. is incorporated in DE.