Cerence Inc. CRNC Contract acquisition costs
Contract acquisition costs at other companies
Other financials
Where this comes from
Reported directly by Cerence Inc. in its filing.
Tagged under the XBRL concept crnc:AccumulatedContractAcquisitionCosts.
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
We are required to capitalize certain contract acquisition costs. The capitalized costs primarily relate to paid commissions. The current and noncurrent portions of contract acquisition costs are included in Prepaid expenses and other current assets and in Other assets, respectively. As of June 30, 2026 and September 30, 2025, we had $4.1 million and $5.3 million of contract acquisition costs, respectively. We had amortization expense of $0.4 million and $0.6 million related to these costs during the three months ended June 30, 2026 and 2025, respectively, and amortization expense of $1.4 million and $1.8 million related to these costs during the nine months ended June 30, 2026 and 2025, respectively. There was no impairment related to contract acquisition costs.
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Cerence Inc.'s contract acquisition costs?
- Cerence Inc. (CRNC) reported contract acquisition costs of $4.1M in Q2 2026.
- How has Cerence Inc.'s contract acquisition costs changed year-over-year?
- Cerence Inc.'s contract acquisition costs decreased by 28.1% year-over-year, from $5.7M to $4.1M.
- What does contract acquisition costs mean?
- Contract acquisition costs as reported by Cerence Inc. Common Stock.
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