Cerence Inc. (CRNC)
Nasdaq · Services-Prepackaged Software · Services · CIK 1768267 · fiscal year ends in Sep
Closing price $8.09 on 30 Oct 2026; 52-week range $5.96 to $13.10.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $309.5M
- Revenue growth
- 25.8%
- Net income, last twelve months
- -$15.4M
- Gross margin
- 78.7%
- Operating margin
- 8.7%
- Net margin
- -5.0%
- Free cash flow
- $78.6M
- Return on equity
- -9.3%
- Market value
- $365.6M
- Cash
- $127.6M
- Debt
- $173.5M
- Debt to equity
- 1.04
- Shares outstanding
- 45.2M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 30 Sep 2025 | $251.8M | -$2.3M | -$18.7M | -$0.43 | $46.8M | 10-K filed 20 Nov 2025 |
| FY2024 | 30 Sep 2024 | $331.5M | -$579.9M | -$588.1M | -$14.12 | $12.2M | 10-K filed 25 Nov 2024 |
| FY2023 | 30 Sep 2023 | $294.5M | -$27.2M | -$56.3M | -$1.40 | $2.4M | 10-K filed 29 Nov 2023 |
| FY2022 | 30 Sep 2022 | $327.9M | -$184.3M | -$310.8M | -$7.93 | -$19.6M | 10-K filed 29 Nov 2022 |
| FY2021 | 30 Sep 2021 | $387.2M | $60.6M | $45.9M | $1.17 | $62.3M | 10-K filed 23 Nov 2021 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Jun 2026 | $69.6M | $1.5M | $0.03 |
| Q2 FY2026 | 31 Mar 2026 | $64.2M | $1.7M | $0.04 |
| Q1 FY2026 | 31 Dec 2025 | $115.1M | -$5.2M | -$0.12 |
| Q4 FY2025 | 30 Sep 2025 | $60.6M | -$13.4M | -$0.26 |
| Q3 FY2025 | 30 Jun 2025 | $62.2M | -$2.7M | -$0.06 |
| Q2 FY2025 | 31 Mar 2025 | $78.0M | $21.7M | $0.46 |
| Q1 FY2025 | 31 Dec 2024 | $50.9M | -$24.3M | -$0.57 |
| Q4 FY2024 | 30 Sep 2024 | $54.8M | -$20.4M | -$0.49 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| License | $140.6M | 55.9% |
| Professional services | $57.8M | 23.0% |
| Connected services | $53.4M | 21.2% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Germany | $79.2M | 31.5% |
| Other Asia-Pacific | $68.0M | 27.0% |
| United States | $38.7M | 15.4% |
| Japan | $37.4M | 14.9% |
| Other Europe, Middle East and Africa | $27.1M | 10.8% |
| Other Americas | $1.3M | 0.5% |
Company events
The newest 8-K filings of 72 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 26 Aug 2026 | 8-K | Other events | 8.01 |
| 6 Aug 2026 | 8-K | Results, Other events | 2.02, 8.01, 9.01 |
| 2 Jul 2026 | 8-K | Leadership change | 5.02 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 18 Feb 2026 | 8-K | Shareholder vote | 5.07 |
| 4 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 29 Dec 2025 | 8-K | Other events | 8.01 |
| 19 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 3 Nov 2025 | 8-K | Other events | 8.01 |
| 5 Sep 2025 | 8-K | Leadership change, Restructuring | 2.05, 5.02 |
| 7 May 2025 | 8-K | Results | 2.02, 9.01 |
| 20 Mar 2025 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
Every filing
The newest filings with the SEC of 151 held.
| Filed | Form | Period |
|---|---|---|
| 26 Aug 2026 | 8-K | 25 Aug 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 5 Aug 2026 |
| 2 Jul 2026 | 8-K | 28 Jun 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 18 Feb 2026 | 8-K | 12 Feb 2026 |
| 5 Feb 2026 | 10-Q | 31 Dec 2025 |
| 4 Feb 2026 | 8-K | 4 Feb 2026 |
| 3 Feb 2026 | DEFA14A | – |
| 12 Jan 2026 | DEFA14A | – |
| 8 Jan 2026 | S-8 | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 9 Oct 2026 | Krzanich Brian M, Chief Executive Officer | Sale outside a trading plan | 131,715 | $8.26 | $1.1M | 1,568,673 | 13 Oct 2026 |
| 7 Oct 2026 | Rodriquez Antonio, CFO | Sale outside a trading plan | 76,614 | $8.00 | $612.9K | 500,632 | 9 Oct 2026 |
| 7 Oct 2026 | Krzanich Brian M, Chief Executive Officer | Sale outside a trading plan | 21,703 | $8.00 | $173.6K | 1,700,388 | 9 Oct 2026 |
| 7 Oct 2026 | Mentz Christian, EVP, Chief Revenue Officer | Sale outside a trading plan | 48,923 | $8.00 | $391.4K | 244,551 | 9 Oct 2026 |
| 7 Oct 2026 | Salinas Jennifer, EVP Chief Admin Officer | Sale outside a trading plan | 66,153 | $8.00 | $529.2K | 627,876 | 9 Oct 2026 |
| 7 Oct 2026 | Schanz Nils, EVP Product & Technology | Sale outside a trading plan | 52,439 | $8.00 | $419.5K | 290,243 | 9 Oct 2026 |
| 15 Feb 2026 | Rodriquez Antonio, CFO | Plan purchase | 2,000 | $7.02 | $14.0K | 577,246 | 9 Oct 2026 |
| 10 Aug 2026 | Salinas Jennifer, EVP Chief Admin Officer | Sale outside a trading plan | 25,998 | $8.83 | $229.5K | 694,029 | 12 Aug 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 10 Aug 2026 | JENNIFER SALINAS, Officer | 25,998 | $229.5K | 10 Aug 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 15 May 2026 | American Capital Management, Inc. | 13G amended | 5.6% | 1.4M |
| 15 May 2026 | PARADIGM CAPITAL MANAGEMENT INC/NY | 13G | 5.6% | 2.5M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 14 Nov 2025 | PARADIGM CAPITAL MANAGEMENT INC/NY | 13G amended | 4.7% | 2.0M |
Trades by members of the House
From each member's periodic transaction report.
| Traded | Member | Type | Amount | Disclosed |
|---|---|---|---|---|
| 15 Aug 2022 | Josh Gottheimer (NJ05) | Sale | $1,001 - $15,000 | 19 Sep 2022 |
| 15 Aug 2021 | Josh Gottheimer (NJ05) | Sale | $1,001 - $15,000 | 16 Sep 2022 |
| 19 Apr 2022 | Josh Gottheimer (NJ05) | Purchase | $1,001 - $15,000 | 16 May 2022 |
| 24 Nov 2020 | Gilbert Cisneros (CA39) | Purchase | $1,001 - $15,000 | 15 Dec 2020 |
| 19 Nov 2020 | Josh Gottheimer (NJ05) | Purchase | $1,001 - $15,000 | 9 Dec 2020 |
| 29 Jun 2020 | Garret Graves (LA06) | Sale | $1,001 - $15,000 | 29 Jun 2020 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 5.8M | -7.28% | 6.7 |
| 30 Sep 2026 | 6.3M | +3.16% | 10.78 |
| 15 Sep 2026 | 6.1M | -0.65% | 10.08 |
| 31 Aug 2026 | 6.1M | -3.94% | 8.59 |
| 14 Aug 2026 | 6.4M | +0.21% | 8.48 |
| 31 Jul 2026 | 6.3M | +3.91% | 7.77 |
| 15 Jul 2026 | 6.1M | -6.88% | 11.52 |
| 30 Jun 2026 | 6.6M | +5.37% | 6.45 |
Funds that hold it
From each fund's latest Form 13F.
225 funds held it at 30 Jun 2026: 99 added and 57 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 4,543,146 | $51.4M | +373,017 |
| Paradigm Capital Management Inc. | 2,511,992 | $28.4M | +4,716 |
| American Capital Management Inc. | 2,407,398 | $27.3M | -111,891 |
| Vanguard Capital Management LLC | 1,838,294 | $20.8M | +32,485 |
| Vanguard Portfolio Management LLC | 1,648,666 | $18.7M | +215,512 |
| No Street GP LP | 1,525,000 | $17.3M | 0 |
| One Fin Capital Management LP | 1,430,000 | $16.2M | +129,984 |
| Dimensional Fund Advisors LP | 1,405,342 | $15.9M | +51,792 |
| Goldman Sachs Group Inc. | 1,342,253 | $15.2M | +251,654 |
| Federated Hermes, Inc. | 1,279,897 | $14.5M | +43,146 |
Peers
Companies in the same industry.
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- Palantir Technologies Inc. (PLTR): revenue $6.2B, market value $442.4B
- Oracle Corp. (ORCL): revenue $71.8B, market value $395.2B
- SAP SE (SAP): revenue $41.6B, market value $274.5B
- CrowdStrike Holdings, Inc. (CRWD): revenue $5.4B, market value $256.4B
- Shopify Inc. (SHOP): revenue $13.3B, market value $202.6B
- Salesforce, Inc. (CRM): revenue $43.9B, market value $188.5B
- ServiceNow, Inc. (NOW): revenue $15.4B, market value $109.1B
- Snowflake Inc. (SNOW): revenue $5.4B, market value $107.8B
- Cloudflare, Inc. (NET): revenue $2.5B, market value $99.9B