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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›CRNC›Financials
Annual statements · SEC XBRL · FY2018 – FY2025

Cerence Inc. (CRNC) financials

Income statement

Cerence Inc. (CRNC) income statement, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$277M$303M$331M$387M$328M$294M$332M$252M
Revenue growth—9.5%9.1%17.0%-15.3%-10.2%12.6%-24.0%
Gross profit$194M$204M$223M$286M$231M$199M$244M$183M
Gross margin70.0%67.2%67.4%73.9%70.4%67.7%73.7%72.7%
Operating income$36.9M$10.9M$22.4M$60.6M-$184M-$27.2M-$580M-$2.29M
Operating margin13.3%3.6%6.8%15.7%-56.2%-9.2%-174.9%-0.9%
Net income$5.88M$100M-$18.3M$45.9M-$311M-$56.3M-$588M-$18.7M
Net margin2.1%33.1%-5.5%11.9%-94.8%-19.1%-177.4%-7.4%
EPS (diluted)$0.16$2.76-$0.50$1.17-$7.93-$1.40-$14.12-$0.43

Cash flow

Cerence Inc. (CRNC) cash flow, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$115M$88.1M$44.8M$74.4M-$2.14M$7.50M$17.2M$61.2M
Capital expenditures$6.51M$4.52M$19.0M$12.0M$17.4M$5.12M$5.00M$14.4M
Free cash flow$109M$83.6M$25.8M$62.3M-$19.6M$2.37M$12.2M$46.8M
Share buybacks——$9.37M$45.8M$49.0M$4.89M$9.87M$2.38M

Balance sheet

Cerence Inc. (CRNC) balance sheet, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total assets—$1.48B$1.69B$1.71B$1.32B$1.30B$702M$631M
Total liabilities—$416M$728M$674M$606M$603M$561M$480M
Long-term debt——$267M$265M$259M$276M$195M$200M
Shareholders' equity$993M$1.07B$960M$1.03B$713M$695M$141M$151M
Retained earnings——-$18.3M$27.6M-$283M-$334M-$922M-$940M
Shares (wtd avg diluted)36.4M36.4M36.4M39.3M39.2M40.2M41.6M43.2M

Every figure is extracted from Cerence Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Cerence Inc.'s annual revenue?
Cerence Inc. (CRNC) reported $252M of revenue for fiscal year 2025 — down 24.0% from $332M in FY2024, per its annual report filed with the SEC.
Is Cerence Inc. profitable?
Not in FY2025 — CRNC reported a net loss of $18.7M, per SEC filings.
What is Cerence Inc.'s free cash flow?
$46.8M in FY2025 (operating cash flow $61.2M minus $14.4M of capital expenditures), from the SEC cash-flow statement.
Does CRNC pay a dividend?
Cerence Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full CRNC analysis — verdict, score & filings →Is CRNC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.