Cerence Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	315.96	251.78	331.5	294.48	327.89	387.18
Revenue Growth (YoY)	29.46%	-24.05%	12.57%	-10.19%	-15.31%	16.98%
Cost of Revenue	66.55	68.65	87.23	95.16	97.17	101.07
Gross Profit	249.41	183.14	244.27	199.31	230.72	286.11
Selling, General & Admin	53.07	70.59	74.19	85.41	75.91	95.66
Depreciation & Amortization Expenses	1.11	1.67	2.31	6.27	14.5	20.21
Research & Development	76.89	97.76	121.56	123.33	107.12	112.07
Other Operating Expenses	12.15	15.42	626.25	11.92	222.69	5.09
Total Operating Expenses	143.22	185.43	824.31	226.93	420.21	233.03
Operating Income	43.95	-2.29	-579.94	-27.2	-184.35	60.59
Interest Income	3.28	3.85	5.35	4.47	1.01	0.11
Interest Expense	-8.5	-10.22	-12.55	-14.77	-14.39	-14
Other Non-Operating Income (Expense)	1.12	-0.16	2.53	1.11	-1.02	1.56
Total Non-Operating Income (Expense)	-4.1	-6.53	-4.67	-9.19	-14.41	-12.33
Pretax Income	39.86	-8.82	-584.61	-36.39	-198.75	48.27
Provision for Income Taxes	39.52	9.89	3.47	19.87	112.08	2.38
Net Income	0.34	-18.71	-588.08	-56.25	-310.83	45.89
Net Income to Common	0.34	-18.71	-588.08	-56.25	-310.83	45.89
Shares Outstanding (Basic)	44	43	42	40	39	38
Shares Outstanding (Diluted)	46	43	42	40	39	39
Shares Change (YoY)	8.80%	3.69%	3.55%	2.62%	-0.26%	7.85%
EPS (Basic)	0.01	-0.43	-14.12	-1.40	-7.93	1.22
EPS (Diluted)	-0.03	-0.43	-14.12	-1.40	-7.93	1.17
Free Cash Flow	74.57	46.82	12.2	2.37	-19.58	62.34
Free Cash Flow Growth	59.27%	283.75%	413.90%	-	-	141.85%
Free Cash Flow Per Share	1.63	1.08	0.29	0.06	-0.50	1.59
Gross Margin	47.49%	72.74%	73.69%	67.68%	70.37%	73.89%
Operating Margin	13.91%	-0.91%	-174.94%	-9.24%	-56.22%	15.65%
Profit Margin	1.76%	-7.43%	-177.40%	-19.10%	-94.80%	11.85%
FCF Margin	23.60%	18.59%	3.68%	0.81%	-5.97%	16.10%
EBITDA	54.24	8.26	-569.31	-11.16	-160.41	90.26
EBITDA Margin	17.17%	3.28%	-171.73%	-3.79%	-48.92%	23.31%
EBIT	43.95	-2.29	-579.94	-27.2	-184.35	60.59
EBIT Margin	13.91%	-0.91%	-174.94%	-9.24%	-56.22%	15.65%
Effective Tax Rate	99.16%	-112.15%	-0.59%	-54.59%	-56.39%	4.92%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q