Cerence Inc. (CRNC)

Cerence Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	245.95	331.5	294.48	327.89	387.18	330.97
Revenue Growth (YoY)	-31.20%	12.57%	-10.19%	-15.31%	16.98%	9.12%
Cost of Revenue	71.91	87.13	94.75	94.18	93.56	99.51
Gross Profit	174.04	244.38	199.73	233.71	293.62	231.45
Selling, General & Admin	69.92	74.19	85.41	73.75	95.66	82.78
Research & Development	96.58	121.56	123.33	107.12	112.07	88.9
Operating Expenses	168.72	198.06	215.01	195.37	227.94	192.56
Operating Income	5.32	46.31	-15.28	38.34	65.69	38.89
Interest Expense	-11.62	-12.55	-14.77	-14.39	-14	-22.74
Interest & Investment Income	4.69	5.35	4.47	1.01	0.11	0.59
Currency Exchange Gain (Loss)	-0.96	-	-	-	-2.51	-2.4
Other Non Operating Income (Expenses)	4.2	2.53	1.11	-1.02	4.08	-1.64
EBT Excluding Unusual Items	1.64	41.64	-24.47	23.93	53.36	12.7
Merger & Restructuring Charges	-20.63	-13.48	-8.24	-2.35	-3.08	-4.73
Impairment of Goodwill	-	-609.17	-	-213.72	-	-
Other Unusual Items	-4.74	-3.59	-3.68	-6.62	-2.01	-31.01
Pretax Income	-23.74	-584.61	-36.39	-198.75	48.27	-23.04
Income Tax Expense	2.03	3.47	19.87	112.08	2.38	-4.72
Net Income	-25.77	-588.08	-56.25	-310.83	45.89	-18.32
Net Income to Common	-25.77	-588.08	-56.25	-310.83	45.89	-18.32
Shares Outstanding (Basic)	43	42	40	39	38	36
Shares Outstanding (Diluted)	43	42	40	39	39	36
Shares Change (YoY)	3.75%	3.55%	2.62%	-0.26%	7.85%	0.10%
EPS (Basic)	-0.60	-14.12	-1.40	-7.93	1.22	-0.50
EPS (Diluted)	-0.60	-14.12	-1.40	-7.93	1.17	-0.50
Free Cash Flow	41.74	12.2	2.37	-19.58	62.34	25.78
Free Cash Flow Per Share	0.97	0.29	0.06	-0.50	1.59	0.71
Gross Margin	70.76%	73.72%	67.82%	71.28%	75.84%	69.93%
Operating Margin	2.16%	13.97%	-5.19%	11.69%	16.96%	11.75%
Profit Margin	-10.48%	-177.40%	-19.10%	-94.80%	11.85%	-5.53%
Free Cash Flow Margin	16.97%	3.68%	0.81%	-5.97%	16.10%	7.79%
EBITDA	13.71	54.24	-3.24	58.58	91.95	65.83
EBITDA Margin	5.58%	16.36%	-1.10%	17.87%	23.75%	19.89%
D&A For EBITDA	8.39	7.93	12.04	20.24	26.26	26.94
EBIT	5.32	46.31	-15.28	38.34	65.69	38.89
EBIT Margin	2.16%	13.97%	-5.19%	11.69%	16.96%	11.75%
Effective Tax Rate	-	-	-	-	4.92%	-
Revenue as Reported	245.95	331.5	294.48	327.89	387.18	330.97

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q