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Cerence Inc. CRNC Restructuring Charges

Restructuring Charges at other companies

Synaptics Inc. logo
Synaptics Inc.SYNA
$700K-50.0%

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$402.78M-0.1%
Enterprise value$462.22M-15.4%
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:RestructuringCosts.

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
Sales and marketing5,8295,91617,90515,612
General and administrative14,71412,34059,49736,293
Amortization of intangible assets5781,668
Restructuring and other costs, net1,2598509,18014,744
Total operating expenses51,03946,836170,817139,670
Income (loss) from operations1,875(948)28,743(529)
Interest income7108952,2303,250
Interest expense(1,450)(2,409)(4,592)(8,518)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cerence Inc.'s restructuring charges?
Cerence Inc. (CRNC) reported restructuring charges of $1.26M in Q2 2026.
How has Cerence Inc.'s restructuring charges changed year-over-year?
Cerence Inc.'s restructuring charges increased by 48.1% year-over-year, from $850K to $1.26M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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