Cerence (CRNC)

Nasdaq Market Closed

Cerence Inc. is a software company focused on artificial intelligence and voice-enabled technology for the automotive industry. Its products help drivers and passengers interact with vehicles through natural language, supporting functions such as navigation, media, climate controls, messaging, vehicle information and connected digital services. The company’s technology is designed for use in embedded systems inside the car as well as cloud-connected environments, an important distinction in an industry where reliability, latency, privacy and global language coverage all matter.

Cerence sells primarily to automobile manufacturers and their major tier-one suppliers, making it a business tied closely to vehicle production cycles, model launches and automakers’ software strategies. Its platform is used in infotainment systems and broader cockpit experiences, where carmakers seek to differentiate vehicles with branded assistants and increasingly sophisticated human-machine interfaces. The company also addresses newer mobility use cases, including electric vehicles, in-car commerce and connected services that can evolve after a vehicle is sold.

Revenue is generated through software licences, royalties, cloud-based services and related professional work. Because its customer base consists largely of global original equipment manufacturers, Cerence operates across major automotive regions, with a presence in the United States, Europe, Japan and the wider Asia-Pacific market. For investors, Cerence represents exposure to the shift from hardware-defined vehicles toward software-driven mobility, particularly the role of conversational AI and connected digital assistants in the modern car.

12.28 USD
11.81 USD
−0.82 (-6.26%)
After-hours

Last updated

Market Cap
591.96M
P/E
P/FCF
7.89
P/S
1.96
Enterprise Value
656.39M
Sector
Industrials
Industry
Prepackaged Software
Address
25 MALL ROAD, SUITE 416, BURLINGTON, MA, 01803
GlobeNewswire Inc.

Cerence AI Files Complaint with the International Trade Commission Against Amazon

06 May 2026, 07:00 AM
GlobeNewswire Inc.

Cerence and Vivoka Expand Collaboration to Deliver Embedded Voice AI for Industrial Markets Worldwide

10 Mar 2026, 23:00 PM
GlobeNewswire Inc.

Cerence xUI, Leveraging NVIDIA AI Enterprise and Running on Microsoft Azure, Drives Strong Traction with Automakers

06 Jan 2026, 10:00 AM
GlobeNewswire Inc.

Geely Auto Selects Cerence xUI to Power its Next-Gen, LLM-Powered In-Car AI Experience

06 Jan 2026, 00:00 AM
GlobeNewswire Inc.

Cerence Announces Repurchase of $30 Million of 1.50% Convertible Senior Notes Due 2028

25 Dec 2025, 00:00 AM
GlobeNewswire Inc.

Cerence xUI Selected as AutoTech AI Solution of the Year by AutoTech Breakthrough

16 Oct 2025, 23:00 PM
GlobeNewswire Inc.

Cerence Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)

11 Oct 2025, 07:30 AM
GlobeNewswire Inc.

Smarter, Faster, and More Human: Cerence AI and Volkswagen Advance Partnership to Deliver Next-Gen In-Car Conversations

25 Aug 2025, 22:00 PM
GlobeNewswire Inc.

Cerence AI Partners with Arm to Deliver Enhanced LLM Capabilities at the Edge

29 May 2025, 01:00 AM
GlobeNewswire Inc.

Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)

07 Dec 2024, 08:30 AM
GlobeNewswire Inc.

Cerence Introduces Pioneering Embedded Small Language Model, Purpose-Built for Automotive

14 Nov 2024, 03:00 AM
GlobeNewswire Inc.

Cerence Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)

12 Oct 2024, 08:00 AM
Investing.com

Cerence director Beaudoin sells $14,050 worth of shares By Investing.com - Investing.com

03 July 2024, 09:02 AM
GlobeNewswire Inc.

Cerence Announces Expanded Role for Chief Product Officer Nils Schanz - GlobeNewswire

03 July 2024, 07:02 AM
GlobeNewswire Inc.

Audi Selects Cerence Generative AI to Expand Capabilities of its In-Car Assistant

27 June 2024, 22:00 PM
Zacks Investment Research

Cerence (CRNC) Expands Automotive Footprint With Chat Pro

26 June 2024, 01:43 AM
GlobeNewswire Inc.

Cerence Appoints Jennifer Salinas, SVP & General Counsel, to New Role of EVP & Chief Administrative Officer

13 June 2024, 06:15 AM
GlobeNewswire Inc.

Cerence Names Tony Rodriquez as Interim Chief Financial Officer

05 June 2024, 06:15 AM
Seeking Alpha

Wall Street Breakfast: The Week Ahead

19 May 2024, 20:35 PM
Zacks Investment Research

Compared to Estimates, Cerence (CRNC) Q2 Earnings: A Look at Key Metrics

09 May 2024, 23:30 PM
Market Cap
591.96M
Enterprise Value
656.39M
P/E
P/B
3.73
P/S
1.96
EV / EBITDA
15.15
EV / Sales
2.17
EPS
-0.43
Dividend Yield
0%
P/FCF
7.89
P/CF
6.69
Free Cash Flow
75.07M
ROE
-12.39%
ROA
-3.18%
Debt / Equity
1.09
Current Ratio
1.9
Quick Ratio
1.9
Cash
1.01
Avg Volume
1.15M
Fundamentals Snapshot Price
13.1

Income Statement

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Revenue 64.19M 115.08M 60.64M 62.24M 78.01M
Gross profit 47.3M 99.35M 44M 45.89M 60.18M
Operating income -2.44M 29.31M -1.76M -948K 17.35M
EBITDA 474K 39.29M 949K 2.62M 23.53M
Net income 1.67M -5.24M -13.36M -2.72M 21.66M
Basic EPS 0.04 -0.12 -0.31 -0.06 0.5
Diluted EPS 0.04 -0.12 -0.31 -0.06 0.46

Balance Sheet

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Total assets 616.95M 602.04M 630.59M 636.8M 665.55M
Total liabilities 458.41M 451.6M 479.92M 481.13M 516.28M
Total equity 158.55M 150.44M 150.68M 155.67M 149.27M
Cash & equivalents 108.26M 92.13M 84.02M 73.67M 117.37M
Current assets 204.3M 186.14M 190.76M 190.1M 232.17M
Current liabilities 107.33M 99.24M 101.19M 107.57M 157.89M

Cash Flow

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Operating cash flow 14.11M 37.89M 12.75M 23.7M 15.47M
Investing cash flow 1.67M -1.79M -1.55M -8.08M -1.69M
Financing cash flow 549K -27.65M 415K -60.23M -105K
Change in cash 16.13M 8.11M 10.35M -43.7M 13.27M
Kind Filing Date Link
edgar index SCHEDULE 13G — Cerence Inc. View Filing
edgar index SCHEDULE 13G/A — Cerence Inc. View Filing
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edgar index SCHEDULE 13G/A — Cerence Inc. View Filing
edgar index 8-K — Cerence Inc. View Filing
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form 4 Form 4 — Harris Marion View Filing
form 4 Form 4 — Klevorn Marcy S View Filing
form 4 Form 4 — DAVIS DOUGLAS LEE View Filing
form 4 Form 4 — Budnik Marianne View Filing
form 4 Form 4 — Matus Kristi Ann View Filing
edgar index 10-Q — Cerence Inc. View Filing
edgar index 8-K — Cerence Inc. View Filing
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edgar index 4 — Cerence Inc. View Filing
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form 4 Form 4 — Rodriquez Antonio View Filing
form 4 Form 4 — Salinas Jennifer View Filing
form 4 Form 4 — Schanz Nils View Filing
form 4 Form 4 — Mentz Christian View Filing
form 4 Form 4 — Krzanich Brian M View Filing
edgar index S-8 — Cerence Inc. View Filing
edgar index DEF 14A — Cerence Inc. View Filing
edgar index ARS — Cerence Inc. View Filing
edgar index DEFA14A — Cerence Inc. View Filing
edgar index 8-K — Cerence Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
form 4 Form 4 — Schanz Nils View Filing
form 4 Form 4 — Mentz Christian View Filing
form 4 Form 4 — Rodriquez Antonio View Filing
form 4 Form 4 — Salinas Jennifer View Filing
form 4 Form 4 — Krzanich Brian M View Filing
edgar index 10-K — Cerence Inc. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — risk_factors View Filing
edgar index 8-K — Cerence Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — Cerence Inc. View Filing
edgar index 8-K — Cerence Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Cerence Inc. View Filing
form 4 Form 4 — Krzanich Brian M View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 4 — Cerence Inc. View Filing
edgar index 144 — Cerence Inc. View Filing
form 4 Form 4 — Salinas Jennifer View Filing
form 4 Form 4 — Schanz Nils View Filing
form 4 Form 4 — Mentz Christian View Filing
form 4 Form 4 — Rodriquez Antonio View Filing
form 4 Form 4 — Salinas Jennifer View Filing
edgar index 4 — Cerence Inc. View Filing
form 4 Form 4 — Schanz Nils View Filing
edgar index 8-K — Cerence Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Cerence Inc. View Filing
form 4 Form 4 — Rodriquez Antonio View Filing