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Cerence Inc. CRNC Connected services — Stock-Based Comp

Other product segments

Professional services
$357K-25.8%

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Other financials

Income statement

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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

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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

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Operating cash flow$14.1M-8.8%
CapEx$482.0K-79.4%
Free cash flow$13.6M+3.8%

Valuation

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Market cap$445.1M+19.4%
Enterprise value$524.39M-1.4%
P/S1.5×0.0×

Profitability

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Gross margin78.3%+8.0pp
Operating margin8%+4.1pp
Net margin-6.5%-3.2pp
FCF margin24.8%+10.0pp

Returns & leverage

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Return on equity-12.8%-6.0pp
Debt / equity1.2×-0.7×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by Cerence Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllocatedShareBasedCompensationExpense.

The official record: Cerence Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cerence Inc.'s connected services — stock-based comp?
Cerence Inc. (CRNC) reported connected services — stock-based comp of $69K in Q1 2026.
How has Cerence Inc.'s connected services — stock-based comp changed year-over-year?
Cerence Inc.'s connected services — stock-based comp decreased by 9.2% year-over-year, from $76K to $69K.
What does connected services — stock-based comp mean?
This metric represents the non-cash expense recognized for equity-based awards granted to employees specifically supporting the connected services segment. It reflects the cost of talent retention and alignment of incentives within this business unit. Investors use this to evaluate the true economic cost of operations and the impact of equity dilution on shareholder value.