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Cerence Inc. logo

Cerence Inc.

CRNC

NASDAQTechnologySoftware - Application

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Previous close

$8.06

+$0.11 · +1.38%

Aug 21, 4:00 PM ET

CRNC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

42

Neutral

Sentiment

40

Bearish

Risk resilience

30

High Risk

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Company profile

Company website

Cerence Inc. specializes in developing and providing AI-driven virtual assistants tailored for the global mobility and transportation industry. The company's diverse portfolio includes both embedded (edge) software components and cloud-based solutions, along with relevant development toolkits, applications, and professional services to facilitate virtual assistant coexistence. These offerings are powered by sophisticated conversational artificial intelligence technologies, encompassing capabilities such as advanced speech recognition, natural language understanding, speech signal enhancement, text-to-speech functionalities, and acoustic modeling. Cerence Inc. is headquartered in Burlington, Massachusetts.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Brian Matthew Krzanich
Listed since
Sep 16, 2019
Employees
1,300

Market position

Day range

Current $8.06

52-week range

Current $8.06

Open
$8.09
Previous close
$7.95
Volume
547.76K
0.59× average
Average volume
927.65K
Average daily volume
Market cap
364.21M USD
Beta
3.02
Market reference 1
50-day average
$9.5194
-15.33% below average
200-day average
$9.5893
-15.95% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-22.21×
P/B (TTM)
2.19×
P/S (TTM)
1.18×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
78.69%
Operating margin
11.49%
Net margin
-4.97%

Financial health

Debt / equity
1.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends98%-2%-102%-202%Gross margin, FY2021: 70.62%Gross margin, FY2022: 66.85%Gross margin, FY2023: 65.70%Gross margin, FY2024: 73.02%Gross margin, FY2025: 72.07%Operating margin, FY2021: 16.97%Operating margin, FY2022: 11.69%Operating margin, FY2023: -5.19%Operating margin, FY2024: 13.97%Operating margin, FY2025: 5.21%Net margin, FY2021: 11.85%Net margin, FY2022: -94.80%Net margin, FY2023: -19.10%Net margin, FY2024: -177.40%Net margin, FY2025: -7.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 70.62%. Gross margin FY2022 66.85%. Gross margin FY2023 65.70%. Gross margin FY2024 73.02%. Gross margin FY2025 72.07%. Operating margin FY2021 16.97%. Operating margin FY2022 11.69%. Operating margin FY2023 -5.19%. Operating margin FY2024 13.97%. Operating margin FY2025 5.21%. Net margin FY2021 11.85%. Net margin FY2022 -94.80%. Net margin FY2023 -19.10%. Net margin FY2024 -177.40%. Net margin FY2025 -7.43%.

Income trends

Revenue

251.78M USD-24.05%

Operating income

13.13M USD-71.66%

Net income

−18.71M USD+96.82%
Income trends across reported periods484.71M USD94.6M USD−295.5M USD−685.6M USDRevenue, FY2021: 387.18M USDRevenue, FY2022: 327.89M USDRevenue, FY2023: 294.48M USDRevenue, FY2024: 331.5M USDRevenue, FY2025: 251.78M USDOperating income, FY2021: 65.69M USDOperating income, FY2022: 38.34M USDOperating income, FY2023: −15.28M USDOperating income, FY2024: 46.31M USDOperating income, FY2025: 13.13M USDNet income, FY2021: 45.89M USDNet income, FY2022: −310.83M USDNet income, FY2023: −56.25M USDNet income, FY2024: −588.08M USDNet income, FY2025: −18.71M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 387.18M USD. Revenue FY2022 327.89M USD. Revenue FY2023 294.48M USD. Revenue FY2024 331.5M USD. Revenue FY2025 251.78M USD. Operating income FY2021 65.69M USD. Operating income FY2022 38.34M USD. Operating income FY2023 −15.28M USD. Operating income FY2024 46.31M USD. Operating income FY2025 13.13M USD. Net income FY2021 45.89M USD. Net income FY2022 −310.83M USD. Net income FY2023 −56.25M USD. Net income FY2024 −588.08M USD. Net income FY2025 −18.71M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue251.78M USD331.5M USD294.48M USD327.89M USD387.18M USD
Cost of goods sold70.31M USD89.44M USD101.02M USD108.68M USD113.76M USD
Gross profit181.47M USD242.07M USD193.46M USD219.21M USD273.42M USD
Research and development97.76M USD121.56M USD123.33M USD107.12M USD112.07M USD
Selling, general, and administrative70.59M USD74.19M USD85.41M USD73.75M USD95.66M USD
Operating expenses168.34M USD195.76M USD208.74M USD180.87M USD207.73M USD
Interest income3.85M USD5.35M USD4.47M USD1.01M USD109K USD
Interest expense10.22M USD12.55M USD14.77M USD14.39M USD14M USD
Depreciation and amortization10.55M USD10.63M USD16.04M USD23.94M USD29.66M USD
Operating income13.13M USD46.31M USD−15.28M USD38.34M USD65.69M USD
Net income−18.71M USD−588.08M USD−56.25M USD−310.83M USD45.89M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+78.48%
11 comparable reports
Latest EPS result
0.15
Estimate 0.2 · Miss by 23.08%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.630.17-0.3-0.76Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual -0.03, estimate -0.27, surprise +88.89%, Beat. Q2 2025, reported May 7, 2025: actual 0.53, estimate 0.34, surprise +55.88%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.09, estimate -0.34, surprise +126.47%, Beat. Q4 2025, reported Nov 19, 2025: actual 0.06, estimate -0.66, surprise +109.09%, Beat. Q1 2026, reported Feb 4, 2026: actual 0.172, estimate 0.115, surprise +49.83%, Beat. Q2 2026, reported May 7, 2026: actual 0.15, estimate 0.136, surprise +10.29%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.15, estimate 0.195, surprise -23.08%, Miss. Q4 2026, reported Nov 18, 2026: actual —, estimate 0.17, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates120.36M94.84M69.32M43.8MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 50.9M USD, estimate 49.08M USD, surprise +3.71%, Beat. Q2 2025, reported May 7, 2025: actual 78.01M USD, estimate 75.34M USD, surprise +3.54%, Beat. Q3 2025, reported Aug 6, 2025: actual 62.24M USD, estimate 55.3M USD, surprise +12.55%, Beat. Q4 2025, reported Nov 19, 2025: actual 60.64M USD, estimate 61.55M USD, surprise -1.48%, Miss. Q1 2026, reported Feb 4, 2026: actual 115.08M USD, estimate 114.5M USD, surprise +0.50%, Beat. Q2 2026, reported May 7, 2026: actual 64.19M USD, estimate 60.87M USD, surprise +5.46%, Beat. Q3 2026, reported Aug 6, 2026: actual 69.59M USD, estimate 70.06M USD, surprise -0.67%, Miss. Q4 2026, reported Nov 18, 2026: actual —, estimate 63.83M USD, surprise —, Comparison unavailable.

CRNC news

seekingalpha.com

Cerence Inc. (CRNC) Q3 2026 Earnings Call Transcript

Cerence Inc. (CRNC) Q3 2026 Earnings Call Transcript

Read source
zacks.com

Cerence (CRNC) Tops Q3 Earnings and Revenue Estimates

Cerence (CRNC) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.09 per share a year ago.

Read source
globenewswire.com

Cerence to Announce Fiscal Third Quarter Results on August 6, 2026

BURLINGTON, Mass., July 27, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its third quarter financial results…

Read source
seekingalpha.com

Cerence: Lower Cost Structure Leading To Greater Profitability (Rating Upgrade)

Cerence Inc. is undergoing structural change, driving significant operating leverage and positioning the company for robust earnings growth. Cost reductions have reset the expense base, enabling each 1% revenue increase…

Read source

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ETFs holding CRNC

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
10.83M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
9.22M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
8.84M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
4.43M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Global X - Robotics & Artificial Intelligence ETF logoGlobal X - Robotics & Artificial Intelligence ETFBOTZ
Market value
2.8M
Weight
0.08%
AUM
3.43B USD
Expense ratio
0.68%
Price / 1D
$36.04+0.64%
State Street SPDR S&P Software & Services ETF logoState Street SPDR S&P Software & Services ETFXSW
Market value
2.57M
Weight
0.51%
AUM
507.39M USD
Expense ratio
0.35%
Price / 1D
$201.83+1.09%
iShares U.S. Small-Cap Equity Factor ETF logoiShares U.S. Small-Cap Equity Factor ETFSMLF
Market value
2.41M
Weight
0.06%
AUM
4.3B USD
Expense ratio
0.15%
Price / 1D
$89.29+0.80%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
2.32M
Weight
0.02%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%

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