Cerence Inc (CRNC) financials
Cerence revenue and earnings by year
Cerence's revenue was $252 million in the fiscal year to September 30, 2025, down 24.0% from the year before. Net income was -$18.7 million, -7.4% of revenue. Since the fiscal year to September 30, 2016, revenue has grown 2.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 252 | 332 | 294 | 328 | 387 | 331 | 303 | 277 | 245 | 211 |
| Revenue growth | -24.0% | 12.6% | -10.2% | -15.3% | 17.0% | 9.1% | 9.5% | 13.2% | 15.9% | — |
| Gross profit | 183 | 244 | 199 | 231 | 286 | 223 | 204 | 194 | 176 | 151 |
| Gross margin | 72.7% | 73.7% | 67.7% | 70.4% | 73.9% | 67.4% | 67.2% | 70.0% | 72.0% | 71.3% |
| Operating income | -2 | -580 | -27 | -184 | 61 | 22 | 11 | 37 | 64 | 48 |
| Operating margin | -0.9% | -174.9% | -9.2% | -56.2% | 15.7% | 6.8% | 3.6% | 13.3% | 26.0% | 22.6% |
| Net income | -19 | -588 | -56 | -311 | 46 | -18 | 100 | 6 | 47 | 35 |
| Net margin | -7.4% | -177.4% | -19.1% | -94.8% | 11.9% | -5.5% | 33.1% | 2.1% | 19.3% | 16.5% |
| Diluted EPS | -$0.43 | -$14.12 | -$1.40 | -$7.93 | $1.17 | -$0.57 | $2.75 | — | — | — |
| Free cash flow | 47 | 12 | 2 | -20 | 62 | 26 | 84 | 109 | 92 | 106 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CRNC in Markets.
How Cerence makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| License | $41.6M | 59.8% |
| Connected Services | $15.5M | 22.2% |
| Professional Services | $12.5M | 18.0% |
See also: CRNC returns
No forecast, no recommendation. This page describes Cerence Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.