Cerence (CRNC) Cost of Revenue (2018 - 2026)

Cerence (CRNC) posted Cost of Revenue of $16.9 million for Q1 2026, up 7.44% on a QoQ basis from $15.7 million in Q4 2025, and down 5.23% year-over-year from $17.8 million in Q1 2025.

Cerence (CRNC) Cost of Revenue (2018 - 2026) Analysis & Trends

Cerence's Cost of Revenue history runs 9 years deep, the most recent figure standing at $16.9 million for Q1 2026.

  • Quarterly Cost of Revenue fell 5.23% year-over-year to $16.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $65.6 million (down 13.29% YoY) and the FY2025 annual result came in at $68.6 million, down 21.31% from the prior year.
  • Cost of Revenue was $16.9 million for Q1 2026 at Cerence, up from $15.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $26.3 million in Q4 2023 and bottomed at $15.7 million in Q4 2025.
  • A 5-year average of $21.0 million and a median of $20.9 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue climbed 8.07% — and 2024, when it sank 32.32%.
  • Cerence's Cost of Revenue stood at $26.2 million in 2022, then climbed by 0.58% to $26.3 million in 2023, then tumbled by 32.32% to $17.8 million in 2024, then dropped by 11.77% to $15.7 million in 2025, then gained by 7.44% to $16.9 million in 2026.
  • Business Quant data shows CRNC's Cost of Revenue at $16.9 million in Q1 2026, $15.7 million in Q4 2025, and $16.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Cerence 377.90 Mn 269.64 Mn 47.30 Mn 16.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.90 Mn
Mar 31, 2026 16.90 Mn
Dec 31, 2025 15.73 Mn
Dec 31, 2025 15.73 Mn
Sep 30, 2025 16.64 Mn
Sep 30, 2025 16.64 Mn
Jun 30, 2025 16.35 Mn
Jun 30, 2025 16.35 Mn
Mar 31, 2025 17.83 Mn
Mar 31, 2025 17.83 Mn
Dec 31, 2024 17.82 Mn
Dec 31, 2024 17.82 Mn
Sep 30, 2024 19.91 Mn
Sep 30, 2024 19.91 Mn
Jun 30, 2024 20.11 Mn
Jun 30, 2024 20.11 Mn
Mar 31, 2024 20.88 Mn
Mar 31, 2024 20.88 Mn
Dec 31, 2023 26.34 Mn
Dec 31, 2023 26.34 Mn