CERENCE INC. financials
Source: EDGAR filings · Built 2026-06-02T02:44:27Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 46.41M | 11.81M | 1.92M | -20.00M | 61.86M | 25.64M |
| EBITDA | 8.26M | -569.31M | -11.16M | -160.41M | 90.25M | 52.47M |
| Working Capital | 89.57M | 48.70M | 77.63M | 80.49M | 121.74M | 51.47M |
| Gross Margin | 72.74% | 73.69% | 67.68% | 70.37% | 73.89% | 67.41% |
| Operating Margin | -0.91% | -174.94% | -9.24% | -56.22% | 15.65% | 6.78% |
| Net Margin | -7.43% | -177.40% | -19.10% | -94.80% | 11.85% | -5.53% |
| Return on Equity (ROE) | -12.42% | -416.79% | -8.10% | -43.60% | 4.45% | -1.91% |
| Return on Assets (ROA) | -2.97% | -83.73% | -4.34% | -23.57% | 2.69% | -1.09% |
| Current Ratio | 1.89× | 1.22× | 1.52× | 1.55× | 1.74× | 1.26× |
| Debt-to-Equity | 1.44× | 2.10× | 0.42× | 0.40× | 0.28× | 0.31× |
| Effective Tax Rate | -112.15% | -0.59% | -54.59% | -56.39% | 4.92% | 20.50% |
| Cash Conversion Ratio | -3.27× | -0.03× | -0.13× | 0.01× | 1.62× | -2.45× |
| Accruals Ratio | -0.13× | -0.86× | -0.05× | -0.23× | -0.02× | -0.04× |
| SBC % of Revenue | 10.86% | 7.14% | 13.84% | 8.56% | 15.64% | 14.29% |
| CapEx Coverage | 4.14× | 3.19× | 1.34× | -0.12× | 5.94× | 2.34× |
| Free Cash Flow Per Share | $1.07 | $0.28 | $0.05 | $-0.51 | $1.57 | $0.70 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | 82.15× | — |
| P/FCF | 11.59× | 11.11× | 426.15× | — | 61.05× | 69.43× |
| FCF Yield | 8.63% | 9.00% | 0.23% | — | 1.64% | 1.44% |
| EV / EBITDA | 91.74× | — | — | — | 43.70× | 39.99× |
| P/S | 2.15× | 0.40× | 2.80× | 1.89× | 9.44× | 5.44× |
| P/B | 3.59× | 0.94× | 1.19× | 0.87× | 3.54× | 1.88× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 251.78M | 331.50M | 294.48M | 327.89M | 387.18M | 330.97M |
| Cost of Goods and Services Sold | 68.64M | 87.23M | 95.16M | 97.17M | 101.07M | 107.85M |
| Gross Profit | 183.14M | 244.27M | 199.31M | 230.72M | 286.11M | 223.12M |
| Research and Development Expense | 97.76M | 121.56M | 123.33M | 107.12M | 112.07M | 88.90M |
| Operating Expenses | 185.43M | 824.21M | 226.51M | 415.07M | 225.51M | 200.69M |
| Operating Income (Loss) | -2.29M | -579.94M | -27.20M | -184.34M | 60.59M | 22.43M |
| Income Tax Expense (Benefit) | 9.89M | 3.47M | 19.86M | 112.08M | 2.38M | -4.72M |
| Net Income (Loss) Attributable to Parent | -18.71M | -588.08M | -56.25M | -310.83M | 45.89M | -18.32M |
| Earnings Per Share, Basic | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.22 | $-0.50 |
| Weighted Average Number of Shares Outstanding, Basic | 43.18M | 41.64M | 40.22M | 39.19M | 37.75M | 36.43M |
| Earnings Per Share, Diluted | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.17 | $-0.50 |
| Weighted Average Number of Shares Outstanding, Diluted | 43.18M | 41.64M | 40.22M | 39.19M | 39.29M | 36.43M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Assets, Current | 190.76M | 265.51M | 225.73M | 227.52M | 287.05M | 250.10M |
| Assets | 630.59M | 702.36M | 1.30B | 1.32B | 1.71B | 1.69B |
| Long-term Debt | 199.69M | 281.91M | 275.95M | 270.37M | 271.34M | 273.12M |
| Liabilities, Current | 101.19M | 216.81M | 148.09M | 147.03M | 165.31M | 198.63M |
| Long-term Debt, Excluding Current Maturities | 199.69M | 194.81M | 275.95M | 259.44M | 265.09M | 266.87M |
| Liabilities | 479.92M | 561.26M | 602.72M | 605.54M | 673.78M | 727.55M |
| Stockholders' Equity Attributable to Parent | 150.68M | 141.10M | 694.88M | 712.95M | 1.03B | 960.07M |
| Common Stock, Shares, Outstanding | 43.37M | 41.92M | 40.42M | 39.43M | 38.02M | 36.84M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 61.17M | 17.20M | 7.50M | -2.14M | 74.39M | 44.79M |
| Payments to Acquire Property, Plant, and Equipment | 14.36M | 5.00M | 5.12M | 17.45M | 12.05M | 19.01M |
| Net Cash Provided by (Used in) Investing Activities | -10.55M | 4.38M | 5.82M | -10.56M | -41.63M | -30.68M |
| Payments for Repurchase of Common Stock | 2.38M | 9.87M | 4.89M | 49.00M | 45.77M | 9.37M |
| Net Cash Provided by (Used in) Financing Activities | -87.00M | 225.00K | -5.33M | -19.61M | -41.51M | 121.55M |
Derived Metrics
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 49.27M | 35.63M | 9.67M | 36.97M | 20.91M | 7.78M |
| EBITDA | — | 31.50M | 275.00K | — | — | -14.49M |
| Working Capital | 96.98M | 86.90M | 89.57M | 82.53M | 74.28M | 48.09M |
| Gross Margin | 73.68% | 86.33% | 72.55% | 73.73% | 77.15% | 64.98% |
| Operating Margin | -3.81% | 25.47% | -2.91% | -1.52% | 22.24% | -33.27% |
| Net Margin | 2.61% | -4.55% | -22.03% | -4.37% | 27.76% | -47.72% |
| Return on Equity (ROE) | 1.06% | -3.48% | -8.87% | -1.75% | 14.51% | -20.12% |
| Return on Assets (ROA) | 0.27% | -0.87% | -2.12% | -0.43% | 3.25% | -3.93% |
| Current Ratio | 1.90× | 1.88× | 1.89× | 1.77× | 1.47× | 1.32× |
| Debt-to-Equity | 1.18× | 1.25× | 1.44× | 1.39× | 1.85× | 2.24× |
| Effective Tax Rate | 156.18% | 117.43% | -144.35% | -244.87% | -34.90% | -30.46% |
| Cash Conversion Ratio | 31.08× | -7.23× | -0.95× | -17.80× | 1.14× | -0.38× |
| Accruals Ratio | -0.08× | -0.07× | -0.04× | -0.08× | -0.00× | -0.05× |
| SBC % of Revenue | 18.85% | 4.64% | 12.05% | 32.21% | 17.56% | 15.27% |
| CapEx Coverage | 19.04× | 16.76× | 4.14× | 4.23× | 6.49× | 6.27× |
| Free Cash Flow Per Share | $1.05 | $0.79 | $0.22 | $0.85 | $0.41 | $0.18 |
Valuation Metrics
Income Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 64.19M | 115.08M | 60.64M | 62.24M | 78.01M | 50.90M |
| Cost of Goods and Services Sold | 16.90M | 15.73M | 16.64M | 16.35M | 17.83M | 17.82M |
| Gross Profit | 47.30M | 99.35M | 43.99M | 45.89M | 60.18M | 33.07M |
| Research and Development Expense | 30.30M | 24.70M | 26.40M | 27.15M | 23.33M | 20.87M |
| Operating Expenses | 49.74M | 70.04M | 45.76M | 46.84M | 42.83M | 50.01M |
| Operating Income (Loss) | -2.44M | 29.31M | -1.76M | -948.00K | 17.35M | -16.93M |
| Income Tax Expense (Benefit) | -4.65M | 35.30M | 7.89M | 1.93M | -5.60M | 5.67M |
| Net Income (Loss) Attributable to Parent | 1.67M | -5.24M | -13.36M | -2.72M | 21.66M | -24.29M |
| Earnings Per Share, Basic | $0.04 | $-0.12 | $-0.31 | $-0.06 | $0.50 | $-0.57 |
| Weighted Average Number of Shares Outstanding, Basic | 45.09M | 44.95M | 43.18M | 43.26M | 43.22M | 42.90M |
| Earnings Per Share, Diluted | $0.04 | $-0.12 | $-0.31 | $-0.06 | $0.46 | $-0.57 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.90M | 44.95M | 43.18M | 43.26M | 51.53M | 42.90M |
Balance Sheet
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Assets, Current | 204.30M | 186.14M | 190.76M | 190.10M | 232.17M | 200.07M |
| Assets | 616.95M | 602.04M | 630.59M | 636.80M | 665.55M | 617.53M |
| Long-term Debt | 172.69M | 171.92M | 199.69M | 198.82M | 257.65M | 256.16M |
| Liabilities, Current | 107.33M | 99.24M | 101.19M | 107.57M | 157.89M | 151.98M |
| Long-term Debt, Excluding Current Maturities | 172.69M | 171.92M | 199.69M | 198.82M | 197.59M | 196.21M |
| Liabilities | 458.41M | 451.60M | 479.92M | 481.13M | 516.28M | 496.83M |
| Stockholders' Equity Attributable to Parent | 158.54M | 150.44M | 150.68M | 155.67M | 149.27M | 120.70M |
| Common Stock, Shares, Outstanding | 45.17M | 45.02M | 43.37M | 43.26M | 43.25M | 42.99M |
Cash Flow Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 52.00M | 37.89M | 12.75M | 48.42M | 24.72M | 9.25M |
| Payments to Acquire Property, Plant, and Equipment | 2.73M | 2.25M | 3.00M | 11.35M | 3.70M | 1.36M |
| Net Cash Provided by (Used in) Investing Activities | -122.00K | -1.79M | -1.55M | -9.01M | -926.00K | 759.00K |
| Payments for Repurchase of Common Stock | 7.55M | 7.54M | 180.00K | 2.20M | 2.17M | 1.37M |
| Net Cash Provided by (Used in) Financing Activities | -27.11M | -27.65M | 415.00K | -87.42M | -27.19M | -27.08M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CRNC CIK 0001768267),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.