What is Cerence Inc.'s market cap?

Cerence Inc. (CRNC) has a market capitalization of $374.6M and trades on NASDAQ.

What is Cerence Inc.'s revenue and profitability?

Cerence Inc. generated $302.1M in trailing twelve-month revenue with a net loss of $19.6M, representing a net margin of -6.5%. Gross margin stands at 78.3%, with free cash flow of $75.1M. These figures are based on the Q1 2026 filing.

Who are Cerence Inc.'s competitors?

Cerence Inc.'s key competitors include SoundHound AI, Google, Amazon, and others. These companies compete in similar markets and product categories.

Who does Cerence Inc. partner with?

Cerence Inc.'s notable partners include BMW, Mercedes-Benz, Volkswagen Group, and others.

Where is Cerence Inc. headquartered?

Cerence Inc. is headquartered in United States of America and employs approximately 1,700 people. It has been publicly traded since 2019.

Cerence Inc.

CRNC

Cerence is a leading provider of conversational and agentic AI solutions, specializing in voice-powered interfaces for the automotive and transportation industries.

Market cap

$374.61M+1.5%

Revenue$302.1M+18.8%

Net income-$19.6M+94.2%

Free cash flow$75.1M+98.8%

EPS (diluted)-$0.45+94.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

May 7, 2026

Revenue$64.2MBeat by $3.3M EPS$0.15Miss by $0.06

Read the full report

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$70.1M

EPS estimate$0.20

Financials

Q2 2026

Income statement

See full

Revenue$64.2M-17.7%

Gross profit$47.3M-21.4%

Operating income-$2.4M-114%

Net income$1.7M-92.3%

EPS (diluted)$0.04-91.3%

Balance sheet

See full

Cash & equivalents$108.3M-7.8%

Total debt$187.5M-32.2%

Total equity$158.5M+6.2%

Total assets$617.0M-7.3%

Cash flow

See full

Operating cash flow$14.1M-8.8%

CapEx$482.0K-79.4%

Free cash flow$13.6M+3.8%

Valuation & ratios

Valuation

See full

Market cap$374.61M+1.5%

Enterprise value$453.89M-16.9%

P/S1.2×-0.4×

Profitability

See full

Gross margin78.3%+8.0pp

Operating margin8%+4.1pp

Net margin-6.5%-3.2pp

FCF margin24.8%+10.0pp

Returns & leverage

See full

Return on equity-12.8%-6.0pp

Debt / equity1.2×-0.7×

Current ratio1.9×+0.4×

Segments

By geography

See full

Other Asia Pacific$18.1M-25.9%

Other Europe, Middle East and Africa$7.3M+29.7%

Other Americas$262.0K-41.8%

By product

See full

Connected services$15.3M+21.0%

Professional services$11.3M-18.7%

Competitors

By market cap

Apple$4.95T+54.8%

Alphabet Inc.$3.99T+70.7%

Amazon$2.49T+0.7%

Cirrus Logic$6.9B+28.6%

Synaptics$4.5B+74.0%

SoundHound AI, Inc.$2.8B-38.2%

Cerence Inc.$374.6M-7.1%

Veritone, Inc.$100.4M-2.3%

By revenue growth

SoundHound AI, Inc.+80.0%

Cerence Inc.+18.8%

By net margin

Alphabet Inc.54.77%+23.7pp

Apple27.15%+2.8pp

Cirrus Logic20.75%+3.3pp

Amazon10.65%+0.5pp

Synaptics-4.1%-20.0pp

Cerence Inc.-6.5%+126pp

Veritone, Inc.-123.42%-25.5pp

SoundHound AI, Inc.-210.68%+300pp

Profile

Cerence is a leading provider of conversational and agentic AI solutions, specializing in voice-powered interfaces for the automotive and transportation industries. The company delivers a white-label software platform that enables original equipment manufacturers to create branded, highly customized virtual assistants. Its core value proposition lies in a hybrid edge-to-cloud architecture that combines high-performance embedded software with the intelligence and flexibility of cloud-connected services.

Competitive position

Cerence is a dominant market leader in the automotive voice assistant space, with its technology integrated into approximately 52% of all cars shipped globally in fiscal year 2025.

GeographiesGlobal, North America, Europe, Asia

Customer segmentsAutomotive Manufacturers, Tier 1 Automotive Suppliers, Consumer Electronics Manufacturers

Business modelB2B, Subscription SaaS, Perpetual Licensing, Professional Services

SuppliersCloud infrastructure providers, Semiconductor manufacturers, Data center operators

CustomersAutomobile Manufacturers, Tier 1 Automotive Suppliers, Truck and Two-wheeled vehicle OEMs, Consumer electronics companies

CountryUnited States of America

Listed2019

Employees1.7K

CEOBrian Matthew Krzanich

SectorTechnology

IndustrySoftware - Application

Websitecerence.com

FilingsSEC EDGAR

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Questions, answered.

What is Cerence Inc.'s market cap?: Cerence Inc. (CRNC) has a market capitalization of $374.6M and trades on NASDAQ.
What is Cerence Inc.'s revenue and profitability?: Cerence Inc. generated $302.1M in trailing twelve-month revenue with a net loss of $19.6M, representing a net margin of -6.5%. Gross margin stands at 78.3%, with free cash flow of $75.1M. These figures are based on the Q1 2026 filing.
Who are Cerence Inc.'s competitors?: Cerence Inc.'s key competitors include SoundHound AI, Google, Amazon, and others. These companies compete in similar markets and product categories.
Who does Cerence Inc. partner with?: Cerence Inc.'s notable partners include BMW, Mercedes-Benz, Volkswagen Group, and others.
Where is Cerence Inc. headquartered?: Cerence Inc. is headquartered in United States of America and employs approximately 1,700 people. It has been publicly traded since 2019.