Cerence (CRNC) Asset Utilization Ratio (2019 - 2026)
Cerence's Asset Utilization Ratio came in at 0.50 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 32.4% from 0.38 a year earlier and up 0.9% from the prior quarter.
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Analysis
Cerence (CRNC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Cerence's Asset Utilization Ratio was 0.38, up 14.0% from FY2024.
- Asset Utilization Ratio has increased in each of the last three fiscal years.
- Going back by fiscal year, Asset Utilization Ratio was 0.33 in FY2024 (+47.3%), 0.23 in FY2023 (+3.8%), 0.22 in FY2022 (-5.0%) and 0.23 in FY2021 (+9.3%).
- The five-year range for quarterly Asset Utilization Ratio is 0.21 (fiscal Q3 2023) to 0.51 (fiscal Q1 2026).
- Year-over-year, Asset Utilization Ratio has increased for three consecutive quarters, with growth averaging 30.4% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2024 (growth of 113.5%), and the weakest in fiscal Q4 2025 (a decline of 17.5%).
- Business Quant data shows CRNC's Asset Utilization Ratio at 0.50 (Q2 2026), 0.51 (Q1 2026) and 0.40 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 0.55 |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 0.33 |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | 0.44 |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | 0.27 |
| 10 | Cerence | 346.59 Mn | 340.61 Mn | 52.91 Mn | 0.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | 0.50 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.23 |
API Access
Cerence Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CRNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();