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Cerence Inc. CRNC Professional services — Total revenues

Other product segments

Connected services
$15.31M+21.0%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 professional services — total revenues?
Cerence Inc. (CRNC) reported professional services — total revenues of $11.31M in Q1 2026.
How has Cerence Inc.'s professional services — total revenues changed year-over-year?
Cerence Inc.'s professional services — total revenues decreased by 18.7% year-over-year, from $13.9M to $11.31M.
What is the long-term trend for Cerence Inc.'s professional services — total revenues?
Over 4 years (2021 to 2025), Cerence Inc.'s professional services — total revenues has grown at a -6.5% compound annual growth rate (CAGR), from $75.47M to $57.8M.
What does professional services — total revenues mean?
This metric represents the total gross revenue generated from professional services provided to automotive original equipment manufacturers and their suppliers. It reflects the income derived from consulting, integration, and implementation support for mobility software solutions. Growth in this area indicates successful adoption and deployment of the company's technology within client vehicle ecosystems.