Cerence (CRNC) Asset Utilization Ratio (2019 - 2026)

Cerence (CRNC) reported Asset Utilization Ratio of 0.5 for Q1 2026, up 25.08% on a YoY basis from 0.4 in Q1 2025, and down 3.3% quarter-over-quarter from 0.51 in Q4 2025.

Cerence (CRNC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Cerence has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.5 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 25.08% year-over-year to 0.5; the trailing twelve-month figure through Mar 2026 stood at 0.5 (up 25.08% YoY), and the FY2025 full-year result was 0.38, up 13.96% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.5, down from 0.51 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.51 in Q4 2025, with the low at 0.21 in Q2 2023.
  • Historically, Asset Utilization Ratio has averaged 0.33 across 5 years, with a median of 0.31 in 2024.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 113.46% — and 2025, when it declined 17.52%.
  • Cerence's Asset Utilization Ratio stood at 0.24 in 2022, then climbed by 14.58% to 0.27 in 2023, then surged by 35.71% to 0.37 in 2024, then soared by 38.62% to 0.51 in 2025, then dropped by 3.3% to 0.5 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.5 (Q1 2026), 0.51 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.51
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.88
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.84
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.39
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.50
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.55
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.29
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.85
10 Cerence 461.49 Mn 353.23 Mn 47.30 Mn 0.50

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.22