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Cerence Inc. CRNC R2KAI

Technology · Software - Application · United States
https://www.cerence.com
Company Profile ↓
$10.24
+11.30% 1Y
Mkt Cap$462.72M
P/E-22.76
P/B3.03
52W High$13.52
52W Low$5.96
Book Value$3.51
EPS (TTM)$-0.45

Company Overview

Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

Why Investors Should Care

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Sep 2025 Revenue of $251.78M (-24.0% YoY); net profit $-18.71M.
  • Trailing 12 Months Year-on-year growth — revenue -17.7%, earnings -92.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR -1.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-1.35%
1 Year:-17.70%

Compounded Profit Growth

5 Years:-
1 Year:-92.00%

Stock Price Performance

1 Year:+11.30%
6 Months:-17.09%
3 Months:+35.09%
1 Month:-5.19%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI Software / Automotive Voice AI

Cerence builds AI-powered, conversational and generative voice assistants for the automotive/mobility market.

Core Focus

Edge and cloud voice-AI software embedded in vehicles, including conversational and generative-AI in-car assistants.

Key Initiatives
  • In-car conversational AI Cerence's voice assistants power natural-language interaction in vehicles from many global automakers.
  • Generative-AI co-pilot New generative-AI features bring large-language-model capabilities to the in-car assistant.
  • Edge + cloud architecture Hybrid edge/cloud software balances responsiveness, privacy and capability.
Why Investors Should Care
  • Pure-play on automotive voice AI with deep OEM relationships.
  • GenAI features could re-energise the product and pricing.
  • Revenue has declined (~-18%) and the company is loss-making — a turnaround.
  • Auto-production cycles, competition (big-tech assistants) and balance-sheet concerns are risks.
AI InvestmentInvestment focuses on generative/conversational AI and the edge-cloud voice stack — AI is the core product.
AI RevenueMost revenue is automotive voice-AI software (licences/royalties and connected services); AI is the franchise.
ROI (Now)Embedded in vehicles today, but revenue per car and volumes have been pressured.
ROI (Expected)GenAI-driven feature upgrades and higher per-vehicle content are the turnaround levers.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -1.4% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-22.76
Industry PE
36.02
Forward P/E
13.37
PEG Ratio
-
Book Value
$3.51
Price to Book
3.03
P/S
1.59
EV/EBITDA
13.86
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-1.35%
Profit 5Y
-
Revenue (YoY)
-17.70%
Earnings (YoY)
-92.00%

Profitability & Returns

ROCE
-0.43%
ROE
-12.77%
ROA
3.28%
Profit Margin
-6.50%
Op Margin
-3.61%
Gross Margin
78.28%
EPS (Latest Qtr)
$0.04
EPS (TTM)
$-0.45

Balance Sheet & Liquidity

Debt/Equity
1.18
Quick Ratio
1.60
Current Ratio
1.90
Debt
$187.55M
Total Assets
$616.95M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
3.46%
Chg in Prom Hold
-
FII / Inst Holding
81.02%
Chg in FII Hold
-0.12%

Financial Snapshot

Enterprise Value
$462.72M
Total Revenue (TTM)
$302.14M
EBITDA
$40.33M
Free Cash Flow
$61.47M
Operating Cash Flow
$88.45M
Shares Outstanding
45.19M
Gross Margin
78.28%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CRNC Cerence Inc. R2KAI 10.24 -22.76 $462.72M 0.00% -0.43% -12.77% -1.35% -
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 72.48M70.30M77.57M82.96M77.70M86.82M75.20M90.88M93.64M98.66M96.80M94.43M86.28M89.04M83.66M68.39M61.66M138.34M67.83M70.54M50.90M78.01M62.24M115.08M64.19M
Gross Profit 48.28M45.86M53.89M55.94M51.77M58.09M47.59M65.30M66.75M72.44M72.97M70.20M61.97M64.79M57.48M43.38M40.72M112.00M46.94M50.43M33.07M60.18M45.89M99.35M47.30M
Operating Income 2.81M168.00K3.26M--1.85M12.33M-4.31M-17.54M17.34M14.95M22.93M6.28M15.78M-1.98M-20.62M-8.50M58.58M-264.38M-354.90M-16.93M17.35M-948.00K29.31M-2.44M
Net Income 2.25M454.00K1.77M95.79M-11.28M12.81M-28.05M6.82M20.94M11.16M5.80M19.04M-476.00K-99.27M-2.16M-26.09M-16.45M23.86M-277.98M-313.54M-24.29M21.66M-2.72M-5.24M1.67M
Diluted EPS 0.060.010.052.63-0.310.34-0.770.170.530.280.150.47-0.01-2.53-0.05-0.65-0.410.53-6.66-7.50-0.570.46-0.06-0.120.04
R&D Expense 23.81M22.56M22.98M-23.51M21.35M22.04M-24.13M28.86M30.37M25.79M29.98M26.04M29.49M28.49M30.20M33.31M31.85M31.18M20.87M23.33M27.15M24.70M30.30M

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Revenue 276.98M303.31M330.97M387.18M327.89M294.48M331.50M251.78M
Gross Profit 194.02M203.97M223.12M286.11M230.72M199.31M244.27M183.14M
Operating Income 36.85M10.85M22.43M60.59M-184.34M-27.20M-579.94M-2.29M
Net Income 5.88M100.27M-18.32M45.89M-310.83M-56.25M-588.08M-18.71M
Diluted EPS 0.162.76-0.501.17-7.93-1.40-14.12-0.43
R&D Expense 80.96M93.06M88.90M112.07M107.12M123.33M121.56M97.76M

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Oct 2022Sep 2023Sep 2024Sep 2025
Total Assets --1.48B1.69B1.71B1.32B-1.30B702.36M630.59M
Total Equity 997.18M993.32M1.07B960.07M1.03B712.95M-694.88M141.10M150.68M
Long Term Debt ---266.87M265.09M259.44M270.43M275.95M194.81M199.69M
Total Liabilities --415.70M727.55M673.78M605.54M-602.72M561.26M479.92M
Current Liabilities --129.11M198.63M165.31M147.03M-148.09M216.81M101.19M

Cash Flows (Annual)

Figures in USD.

Metric Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow 115.26M88.07M44.79M74.39M-2.14M7.50M17.20M61.17M
Investing Cash Flow -86.31M-4.52M-30.68M-41.63M-10.56M5.82M4.38M-10.55M
Financing Cash Flow -28.95M-83.55M121.55M-41.51M-19.61M-5.33M225.00K-87.00M
Capital Expenditure -6.51M-4.52M-19.01M-12.05M-17.45M-5.12M-5.00M-14.36M
Free Cash Flow 108.75M83.55M25.78M62.34M-19.58M2.37M12.20M46.82M
Share Buybacks --9.37M45.77M49.00M4.89M9.87M2.38M

Ratios (Annual)

Figures in %.

Metric Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Gross Margin % 70.0%67.2%67.4%73.9%70.4%67.7%73.7%72.7%
Operating Margin % 13.3%3.6%6.8%15.7%-56.2%-9.2%-174.9%-0.9%
Net Margin % 2.1%33.1%-5.5%11.9%-94.8%-19.1%-177.4%-7.4%
ROE % 0.6%9.4%-1.9%4.4%-43.6%-8.1%-416.8%-12.4%
ROCE % -0.8%1.5%3.9%-15.7%-2.4%-119.4%-0.4%

Shareholding Pattern

Insiders
3.46%
Institutions
81.02%
Public Float
83.93%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.23% 4.17M $45.06M
2 American Capital Management, Inc. 5.58% 2.52M $27.22M
3 Paradigm Capital Management 5.55% 2.51M $27.09M
4 Vanguard Capital Management LLC 4.00% 1.81M $19.51M
5 No Street GP LP 3.37% 1.52M $16.48M
6 Vanguard Portfolio Management LLC 3.17% 1.43M $15.49M
7 Dimensional Fund Advisors LP 3.00% 1.35M $14.63M
8 State Street Corporation 3.00% 1.36M $14.65M
9 One Fin Capital Management LP 2.88% 1.30M $14.05M
10 Federated Hermes, Inc. 2.74% 1.24M $13.36M

Analyst View

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Latest News

Recent headlines for CRNC

Google News Mon, 15 Jun 2026

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CRNC — Frequently Asked Questions

What is the current share price of Cerence Inc. (CRNC)?

As of 2026-07-14 21:23 PDT, Cerence Inc. (CRNC) trades at $10.24 on NasdaqGS. Its 52-week range is $5.96 to $13.52.

What is the market capitalisation of CRNC?

Cerence Inc. (CRNC) has a market capitalisation of $462.72M on NasdaqGS.

What is the P/E ratio of CRNC?

CRNC trades at a trailing price-to-earnings (P/E) ratio of -22.76. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 3.03.

What is the return on equity (ROE) of CRNC?

CRNC has a return on equity (ROE) of -12.77%. Its return on capital employed (ROCE) is -0.43%.

Is CRNC a good stock to buy?

This page provides a data-driven analysis of Cerence Inc. (CRNC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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