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Cerence Inc. CRNC License — Total revenues

Other product segments

Connected services
$15.47M+20.4%
Professional services
$12.52M-17.7%

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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$413.63M+2.6%
Enterprise value$473.08M-13.5%
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues:
License$41,600$34,176$166,935$108,361
Connected services15,46512,84245,30739,197
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

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cerence Inc.'s license — total revenues?
Cerence Inc. (CRNC) reported license — total revenues of $41.6M in Q2 2026.
How has Cerence Inc.'s license — total revenues changed year-over-year?
Cerence Inc.'s license — total revenues increased by 21.7% year-over-year, from $34.18M to $41.6M.
What is the long-term trend for Cerence Inc.'s license — total revenues?
Over 4 years (2021 to 2025), Cerence Inc.'s license — total revenues has grown at a -8.7% compound annual growth rate (CAGR), from $202.18M to $140.63M.
What does license — total revenues mean?
This metric represents the total gross revenue generated from the sale of software licenses within a specific business segment. It reflects the company's ability to monetize its intellectual property and software assets directly to customers such as original equipment manufacturers. Growth in this figure indicates successful market adoption and demand for the company's core software offerings.

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