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Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
9.57
-0.60 (-5.90%)
At close: May 14, 2025, 4:00 PM
9.58
+0.01 (0.10%)
Pre-market: May 15, 2025, 8:33 AM EDT

Cerence Revenue by Segment
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
License
142.58M 126.65M 124.75M 142.51M 125.29M 120.57M 145.16M 121.05M
License Growth
13.80% 5.05% -14.06% 17.72% -11.56% -23.29% -8.48% -36.63%
Professional Services
62.29M 67.09M 73.31M 74.43M 75.12M 75.09M 74.25M 76.80M
Professional Services Growth
-17.09% -10.66% -1.25% -3.09% -8.56% -10.76% -11.31% -8.28%
Connected Services
49.38M 50.33M 133.44M 140.52M 148.17M 153.50M 75.07M 74.00M
Connected Services Growth
-66.67% -67.21% 77.76% 89.90% 96.49% 102.49% -12.27% -20.48%

Gross Profit by Segment
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
License
135.32M 120.41M 118.69M 135.35M 117.59M 112.05M 136.64M 113.88M
License Growth
15.08% 7.46% -13.14% 18.85% -13.70% -27.04% -12.36% -39.59%
Connected Services
25.97M 26.54M 108.66M 117.37M 125.17M 129.74M 52.08M 49.83M
Connected Services Growth
-79.25% -79.55% 108.65% 135.56% 143.50% 148.23% -17.14% -29.35%
Professional Services
17.30M 18.40M 17.03M 14.60M 14.96M 12.46M 11.01M 12.05M
Professional Services Growth
15.65% 47.69% 54.65% 21.23% 23.01% -6.72% -26.31% -27.58%
Amortization of Intangibles
- - - - - -414.00K -414.00K -415.00K

Gross Margin by Segment
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021
License
94.90% 95.07% 95.14% 94.98% 93.85% 92.94% 94.13% 94.08%
Connected Services
52.58% 52.72% 81.43% 83.52% 84.48% 84.52% 69.37% 67.33%
Professional Services
27.77% 27.42% 23.23% 19.62% 19.91% 16.59% 14.83% 15.68%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.