Cerence Inc. (CRNC)

Cerence Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	251.78	331.5	294.48	327.89	387.18
Revenue Growth (YoY)	-24.05%	12.57%	-10.19%	-15.31%	16.98%
Cost of Revenue	68.65	87.13	94.75	94.18	93.56
Gross Profit	183.14	244.38	199.73	233.71	293.62
Selling, General & Admin	70.59	74.19	85.41	73.75	95.66
Research & Development	97.76	121.56	123.33	107.12	112.07
Amortization of Goodwill & Intangibles	1.67	2.31	6.27	14.5	20.21
Operating Expenses	170.01	198.06	215.01	195.37	227.94
Operating Income	13.13	46.31	-15.28	38.34	65.69
Interest Expense	-10.22	-12.55	-14.77	-14.39	-14
Interest & Investment Income	3.85	5.35	4.47	1.01	0.11
Currency Exchange Gain (Loss)	1.32	1.06	2.49	-	-2.51
Other Non Operating Income (Expenses)	0.59	1.46	-0.05	-1.02	4.08
EBT Excluding Unusual Items	8.67	41.64	-23.14	23.93	53.36
Merger & Restructuring Charges	-12.07	-13.48	-8.24	-2.35	-3.08
Impairment of Goodwill	-	-609.17	-	-213.72	-
Gain (Loss) on Sale of Investments	-2.4	-	-	-	-
Other Unusual Items	-3.02	-3.59	-5.01	-6.62	-2.01
Pretax Income	-8.82	-584.61	-36.39	-198.75	48.27
Income Tax Expense	9.89	3.47	19.87	112.08	2.38
Net Income	-18.71	-588.08	-56.25	-310.83	45.89
Net Income to Common	-18.71	-588.08	-56.25	-310.83	45.89
Shares Outstanding (Basic)	43	42	40	39	38
Shares Outstanding (Diluted)	43	42	40	39	39
Shares Change (YoY)	3.69%	3.55%	2.62%	-0.26%	7.85%
EPS (Basic)	-0.43	-14.12	-1.40	-7.93	1.22
EPS (Diluted)	-0.43	-14.12	-1.40	-7.93	1.17
Free Cash Flow	46.82	12.2	2.37	-19.58	62.34
Free Cash Flow Per Share	1.08	0.29	0.06	-0.50	1.59
Gross Margin	72.74%	73.72%	67.82%	71.28%	75.84%
Operating Margin	5.21%	13.97%	-5.19%	11.69%	16.96%
Profit Margin	-7.43%	-177.40%	-19.10%	-94.80%	11.85%
Free Cash Flow Margin	18.59%	3.68%	0.81%	-5.97%	16.10%
EBITDA	20.68	54.24	-3.24	58.58	91.95
EBITDA Margin	8.21%	16.36%	-1.10%	17.87%	23.75%
D&A For EBITDA	7.55	7.93	12.04	20.24	26.26
EBIT	13.13	46.31	-15.28	38.34	65.69
EBIT Margin	5.21%	13.97%	-5.19%	11.69%	16.96%
Effective Tax Rate	-	-	-	-	4.92%
Revenue as Reported	251.78	331.5	294.48	327.89	387.18

Updated Nov 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q