Cerence Inc. CRNC Deferred contract costs
Deferred contract costs at other companies
Other financials
Where this comes from
Reported directly by Cerence Inc. in its filing.
Tagged under the XBRL concept us-gaap:DeferredCosts.
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 deferred contract costs?
- Cerence Inc. (CRNC) reported deferred contract costs of $13.61M in Q1 2026.
- How has Cerence Inc.'s deferred contract costs changed year-over-year?
- Cerence Inc.'s deferred contract costs decreased by 14.7% year-over-year, from $15.96M to $13.61M.
- What is the long-term trend for Cerence Inc.'s deferred contract costs?
- Over 5 years (2020 to 2025), Cerence Inc.'s deferred contract costs has grown at a -16.5% compound annual growth rate (CAGR), from $38.16M to $15.5M.
- What does deferred contract costs mean?
- Deferred contract costs represent the incremental costs of obtaining a contract with a customer that are expected to be recovered over a period longer than one year. These costs are capitalized on the balance sheet and subsequently amortized over the expected benefit period of the related service or license agreement. This metric reflects the company's investment in acquiring long-term customer relationships and is a key indicator of future revenue recognition patterns.