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Cerence Inc. CRNC Accrued Expenses

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Other financials

Income statement

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Revenue$69.6M+11.8%
Gross profit$52.9M+15.3%
Operating income$1.9M+298%
Net income$1.5M+156%
EPS (diluted)$0.03+150%

Balance sheet

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Cash & equivalents$127.6M+73.2%
Total debt$187.1M-13.8%
Total equity$166.4M+6.9%
Total assets$620.9M-2.5%

Cash flow

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Operating cash flow$20.0M-15.8%
CapEx$340.0K-95.6%
Free cash flow$19.6M+22.2%

Valuation

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Market cap$402.78M-0.1%
Enterprise value$462.22M-15.4%
P/S1.3×-0.3×

Profitability

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Gross margin78.7%+7.9pp
Operating margin8.7%+5.9pp
Net margin-5%-1.7pp
FCF margin25.4%+8.4pp

Returns & leverage

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Return on equity-9.6%-2.9pp
Debt / equity1.1×-0.3×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Cerence Inc. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Cerence Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054339
Line itemJune 30, 2026September 30, 2025
Compensation$21,812$30,719
Professional fees3,9424,657
Sales and other taxes payable3,9801,777
Cost of revenue related liabilities2,7312,007
Interest payable788
Other6,9234,132
Total$39,388$44,080

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cerence Inc.'s accrued expenses?
Cerence Inc. (CRNC) reported accrued expenses of $21.81M in Q2 2026.
How has Cerence Inc.'s accrued expenses changed year-over-year?
Cerence Inc.'s accrued expenses decreased by 20.0% year-over-year, from $27.27M to $21.81M.
What is the long-term trend for Cerence Inc.'s accrued expenses?
Over 4 years (2021 to 2025), Cerence Inc.'s accrued expenses has grown at a -16.9% compound annual growth rate (CAGR), from $64.47M to $30.72M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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