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Cerence Inc. CRNC Total Cost of Revenue

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Segments

By product

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Professional services$10.41M-0.6%
Connected services$4.91M+2.1%

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$413.63M-0.1%
Enterprise value$473.08M-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:CostOfGoodsAndServicesSold.

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
Professional services12,52215,21836,61343,584
Total revenues69,58762,236248,855191,142
Cost of revenues:
License1,3621,0744,2915,288
Connected services4,9064,80514,86016,095
Professional services10,40510,46930,14430,618
Total cost of revenues16,67316,34849,29552,001
Gross profit52,91445,888199,560139,141

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cerence Inc.'s total cost of revenue?
Cerence Inc. (CRNC) reported total cost of revenue of $16.67M in Q2 2026.
How has Cerence Inc.'s total cost of revenue changed year-over-year?
Cerence Inc.'s total cost of revenue increased by 2.0% year-over-year, from $16.35M to $16.67M.
What is the long-term trend for Cerence Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Cerence Inc.'s total cost of revenue has grown at a -9.2% compound annual growth rate (CAGR), from $101.07M to $68.65M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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