Cerence Inc. (CRNC) — Financial statements
Income statement, balance sheet, and cash flow for Cerence Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 252↓24.0% | 332↑12.6% | 294↓10.2% | 328↓15.3% | 387 | |
| Cost of Revenue | 70↓21.4% | 89↓11.5% | 101↓7.1% | 109↓4.5% | 114 | |
| Gross Profit | 181↓25.0% | 242↑25.1% | 193↓11.7% | 219↓19.8% | 273 | |
| Operating Expenses | ||||||
| R&D Expenses | 98↓19.6% | 122↓1.4% | 123↑15.1% | 107↓4.4% | 112 | |
| General & Administrative Expenses | 49 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 22 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 71↓4.9% | 74↓13.1% | 85↑15.8% | 74↓22.9% | 96 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 168↓14.0% | 196↓6.2% | 209↑15.4% | 181↓12.9% | 208 | |
| Total Costs & Expenses | 239↓16.3% | 285↓7.9% | 310↑7.0% | 290↓9.9% | 321 | |
| Operating Results | ||||||
| Operating Income | 13↓71.7% | 46↑403.1% | -15↓139.9% | 38↓41.6% | 66 | |
| Depreciation & Amortization | 11↓0.8% | 11↓33.7% | 16↓33.0% | 24↓19.3% | 30 | |
| EBITDA | 12↑102.1% | -561↓9957.8% | -6↑96.5% | -160↓274.5% | 92 | |
| EBIT | 1↑100.2% | -572↓2546.0% | -22↑88.3% | -184↓396.1% | 62 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6↑11.5% | -7↑30.1% | -10↑23.1% | -13↑3.6% | -14 | |
| Interest Income | 4↓28.0% | 5↑19.7% | 4↑344.0% | 1↑823.9% | 0.11 | |
| Interest Expense | 10↓18.6% | 13↓15.0% | 15↑2.6% | 14↑2.8% | 14 | |
| Non-Operating Income | 12↓98.1% | 618↑9656.5% | 6↓97.2% | 223↑6411.6% | 3 | |
| Other Income / Expenses | -22↑96.5% | -631↓2889.2% | -21↑91.1% | -237↓1261.3% | -17 | |
| Income Before Tax | -9↑98.5% | -585↓1506.6% | -36↑81.7% | -199↓511.8% | 48 | |
| Income Tax Expense | 10↑185.3% | 3↓82.5% | 20↓82.3% | 112↑4617.0% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -19↑96.8% | -588↓945.4% | -56↑81.9% | -311↓777.3% | 46 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -19↑96.8% | -588↓945.4% | -56↑81.9% | -311↓777.3% | 46 | |
| Bottom-Line Net Income | -19↑96.8% | -588↓945.4% | -56↑81.9% | -311↓777.3% | 46 | |
| EPS (Basic) | -0.43↑97.0% | -14.12↓908.6% | -1.40↑82.3% | -7.93↓750.0% | 1.22 | |
| EPS (Diluted) | -0.43↑97.0% | -14.12↓908.6% | -1.40↑82.3% | -7.93↓777.8% | 1.17 | |
| Weighted Average Shares | 43↑3.7% | 42↑3.5% | 40↑2.6% | 39↑3.8% | 38 | |
| Weighted Average Diluted Shares | 43↑3.7% | 42↑3.5% | 40↑2.6% | 39↓0.3% | 39 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.