What is Cerence Inc.'s restructuring reserve?

Cerence Inc. (CRNC) reported restructuring reserve of $86K in Q1 2026.

What does restructuring reserve mean?

This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

Cerence Inc. CRNC Restructuring Reserve

Restructuring Reserve at other companies

DXC TechnologyDXC

$5M-16.7%

Xerox Holdings CorporationXRX

$77M+10.0%

RingCentralRNG

$859K-57.1%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$14.1M-8.8%

CapEx$482.0K-79.4%

Free cash flow$13.6M+3.8%

Valuation

See full

Market cap$445.1M+19.4%

Enterprise value$524.39M-1.4%

P/S1.5×0.0×

Profitability

See full

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

Reported directly by Cerence Inc. in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: Cerence Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Cerence Inc.'s restructuring reserve.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Cerence Inc.'s restructuring reserve?: Cerence Inc. (CRNC) reported restructuring reserve of $86K in Q1 2026.
What does restructuring reserve mean?: This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.