Cerence Inc.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $251.8M | $331.5M | $294.5M | $327.9M | $387.2M |
| Cost of revenue | $68.6M | $87.2M | $95.2M | $97.2M | $101.1M |
| Gross profit | $183.1M | $244.3M | $199.3M | $230.7M | $286.1M |
| Research and development | $97.8M | $121.6M | $123.3M | $107.1M | $112.1M |
| Operating expenses | $185.4M | $824.2M | $226.5M | $415.1M | $225.5M |
| Operating income | -$2.3M | -$579.9M | -$27.2M | -$184.3M | $60.6M |
| Interest expense | $10.2M | $12.6M | $14.8M | $14.4M | $14.0M |
| Pretax income | -$8.8M | -$584.6M | -$36.4M | -$198.8M | $48.3M |
| Income tax expense | $9.9M | $3.5M | $19.9M | $112.1M | $2.4M |
| Net income | -$18.7M | -$588.1M | -$56.3M | -$310.8M | $45.9M |
| Balance Sheet | |||||
| Current assets | $190.8M | $265.5M | $225.7M | $227.5M | $287.0M |
| Total assets | $630.6M | $702.4M | $1.3B | $1.3B | $1.7B |
| Current liabilities | $101.2M | $216.8M | $148.1M | $147.0M | $165.3M |
| Total liabilities | $479.9M | $561.3M | $602.7M | $605.5M | $673.8M |
| Total debt | $210.0M | $297.5M | $297.5M | $285.9M | $292.2M |
| Stockholders' equity | $150.7M | $141.1M | $694.9M | $713.0M | $1.0B |
| Cash Flow Statement | |||||
| Cash from operations | $61.2M | $17.2M | $7.5M | -$2.1M | $74.4M |
| Depreciation and amortization | $8.9M | $8.3M | $9.8M | $9.4M | $9.5M |
| Stock-based compensation | $27.4M | $23.7M | $40.8M | $28.1M | $60.6M |
| Capital expenditure | $14.4M | $5.0M | $5.1M | $17.4M | $12.0M |
| Free cash flow | $46.8M | $12.2M | $2.4M | -$19.6M | $62.3M |
| Share repurchases | $2.4M | $9.9M | $4.9M | $49.0M | $45.8M |
| Impairments | $0 | $609.2M | $0 | $213.7M | $0 |
Shares outstanding 45.2M · Free float 98.6%
Annual filing data through FY ended September 30, 2025; float as of July 15, 2026.