Cerence Inc. (CRNC) stock
CRNCNasdaqServices-Prepackaged SoftwareFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/303% below fair value
$7.92−0.24 (-2.94%)
Close on Nov 13, 2026Market cap $358.22MP/E –Yield –
Cerence gross margin
Gross margin is gross profit as a percentage of revenue.
Cerence's gross margin for the twelve months ending Jun 30, 2026 was 78.7%. For fiscal 2025 it was 72.7%, against 73.7% the year before. The highest annual figure on record is 73.9% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 72.7% | −0.9 |
| FY2024 | Sep 30, 2024 | 73.7% | +6.0 |
| FY2023 | Sep 30, 2023 | 67.7% | −2.7 |
| FY2022 | Sep 30, 2022 | 70.4% | −3.5 |
| FY2021 | Sep 30, 2021 | 73.9% | +6.5 |
| FY2020 | Sep 30, 2020 | 67.4% | +0.2 |
| FY2019 | Sep 30, 2019 | 67.2% | −2.8 |
| FY2018 | Sep 30, 2018 | 70.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ2 2026 | Jun 30, 2026 | 76.0% | +2.3 |
| Q2 FY2026CQ1 2026 | Mar 31, 2026 | 73.7% | −3.5 |
| Q1 FY2026CQ4 2025 | Dec 31, 2025 | 86.3% | +21.4 |
| Q4 FY2025CQ3 2025 | Sep 30, 2025 | 72.6% | +8.9 |
| Q3 FY2025CQ2 2025 | Jun 30, 2025 | 73.7% | +2.2 |
| Q2 FY2025CQ1 2025 | Mar 31, 2025 | 77.1% | +7.9 |
| Q1 FY2025CQ4 2024 | Dec 31, 2024 | 65.0% | −16.0 |
| Q4 FY2024CQ3 2024 | Sep 30, 2024 | 63.7% | −7.8 |
| Q3 FY2024CQ2 2024 | Jun 30, 2024 | 71.5% | +5.5 |
| Q2 FY2024CQ1 2024 | Mar 31, 2024 | 69.2% | +5.8 |
| Q1 FY2024CQ4 2023 | Dec 31, 2023 | 81.0% | +12.3 |
| Q4 FY2023CQ3 2023 | Sep 30, 2023 | 71.5% | +13.4 |
| Q3 FY2023CQ2 2023 | Jun 30, 2023 | 66.0% | −6.7 |
| Q2 FY2023CQ1 2023 | Mar 31, 2023 | 63.4% | −8.4 |
| Q1 FY2023CQ4 2022 | Dec 31, 2022 | 68.7% | −5.6 |
| Q4 FY2022CQ3 2022 | Sep 30, 2022 | 58.1% | −17.3 |
| Q3 FY2022CQ2 2022 | Jun 30, 2022 | 72.8% | −2.6 |
| Q2 FY2022CQ1 2022 | Mar 31, 2022 | 71.8% | −1.6 |
| Q1 FY2022CQ4 2021 | Dec 31, 2021 | 74.3% | +3.1 |
| Q4 FY2021CQ3 2021 | Sep 30, 2021 | 75.4% | +3.6 |
| Q3 FY2021CQ2 2021 | Jun 30, 2021 | 75.4% | +12.1 |
| Q2 FY2021CQ1 2021 | Mar 31, 2021 | 73.4% | +6.5 |
| Q1 FY2021CQ4 2020 | Dec 31, 2020 | 71.3% | +4.7 |
| Q4 FY2020CQ3 2020 | Sep 30, 2020 | 71.8% | +4.4 |
| Q3 FY2020CQ2 2020 | Jun 30, 2020 | 63.3% | −6.2 |
| Q2 FY2020CQ1 2020 | Mar 31, 2020 | 66.9% | +1.7 |
| Q1 FY2020CQ4 2019 | Dec 31, 2019 | 66.6% | +0.0 |
| Q4 FY2019CQ3 2019 | Sep 30, 2019 | 67.4% | – |
| Q3 FY2019CQ2 2019 | Jun 30, 2019 | 69.5% | – |
| Q2 FY2019CQ1 2019 | Mar 31, 2019 | 65.2% | – |
| Q1 FY2019CQ4 2018 | Dec 31, 2018 | 66.6% | – |
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