What is Cerence Inc.'s net debt?

Cerence Inc. (CRNC) reported net debt of $79.29M in Q1 2026.

How has Cerence Inc.'s net debt changed year-over-year?

Cerence Inc.'s net debt decreased by 50.2% year-over-year, from $159.06M to $79.29M.

What is the long-term trend for Cerence Inc.'s net debt?

Over 5 years (2020 to 2025), Cerence Inc.'s net debt has grown at a -3.8% compound annual growth rate (CAGR), from $161.94M to $133.16M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Cerence Inc. CRNC Net debt

Discontinued — last reported Q2 '26

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HES

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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

See full

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.

$187.5Mtotal debt−$108.3Mcash and equivalents=$79.29M

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 net debt?: Cerence Inc. (CRNC) reported net debt of $79.29M in Q1 2026.
How has Cerence Inc.'s net debt changed year-over-year?: Cerence Inc.'s net debt decreased by 50.2% year-over-year, from $159.06M to $79.29M.
What is the long-term trend for Cerence Inc.'s net debt?: Over 5 years (2020 to 2025), Cerence Inc.'s net debt has grown at a -3.8% compound annual growth rate (CAGR), from $161.94M to $133.16M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.