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Cerence Inc. CRNC License — Total cost of revenues

Other product segments

Professional services
$10.41M-0.6%
Connected services
$4.91M+2.1%

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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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Professional services12,52215,21836,61343,584
Total revenues69,58762,236248,855191,142
Cost of revenues:
License1,3621,0744,2915,288
Connected services4,9064,80514,86016,095
Professional services10,40510,46930,14430,618
Total cost of revenues16,67316,34849,29552,001
Gross profit52,91445,888199,560139,141

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cerence Inc.'s license — total cost of revenues?
Cerence Inc. (CRNC) reported license — total cost of revenues of $1.36M in Q2 2026.
What does license — total cost of revenues mean?
This metric captures the total direct costs associated with delivering software licenses and related services within a specific business segment. It includes expenses directly attributable to the generation of license revenue, such as royalties, third-party content fees, and direct support costs. Monitoring this helps evaluate the direct cost structure and scalability of the software licensing business model.

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