What is Cerence Inc.'s gross profit?

Cerence Inc. (CRNC) reported gross profit of $47.3M in Q1 2026.

How has Cerence Inc.'s gross profit changed year-over-year?

Cerence Inc.'s gross profit decreased by 21.4% year-over-year, from $60.18M to $47.3M.

What is the long-term trend for Cerence Inc.'s gross profit?

Over 4 years (2021 to 2025), Cerence Inc.'s gross profit has grown at a -10.6% compound annual growth rate (CAGR), from $286.11M to $183.14M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Cerence Inc. CRNC Gross Profit

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Other financials

Income statement

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Revenue$64.2M-17.7%

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

Calculated from Cerence Inc.’s reported figures.

$64.2Mtotal revenue−$16.9Mtotal cost of revenue=$47.3M

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 gross profit?: Cerence Inc. (CRNC) reported gross profit of $47.3M in Q1 2026.
How has Cerence Inc.'s gross profit changed year-over-year?: Cerence Inc.'s gross profit decreased by 21.4% year-over-year, from $60.18M to $47.3M.
What is the long-term trend for Cerence Inc.'s gross profit?: Over 4 years (2021 to 2025), Cerence Inc.'s gross profit has grown at a -10.6% compound annual growth rate (CAGR), from $286.11M to $183.14M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.