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

Cerence has reported Cost of Revenue for 9 years, with the latest figure at $16.9 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 242.72% year-over-year to $16.9 million; the trailing twelve-month figure through Mar 2026 stood at $65.6 million (up 37.6% YoY), and the FY2025 full-year result was $68.6 million, up 215.97% from the prior year.
• Cost of Revenue for Q1 2026 stood at $16.9 million, up from $15.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $73.5 million in Q3 2023, with the low at -$41.7 million in Q3 2022.
• Historically, Cost of Revenue has averaged $13.6 million across 5 years, with a median of $15.7 million in 2025.
• Annual changes were most pronounced in 2022 — Cost of Revenue plunged 272.78% — and 2023, when it jumped 276.33%.
• Cerence's Cost of Revenue stood at $9.2 million in 2022, then soared by 187.44% to $26.3 million in 2023, then sank by 32.32% to $17.8 million in 2024, then decreased by 11.77% to $15.7 million in 2025, then increased by 7.44% to $16.9 million in 2026.
• The last three Cost of Revenue figures came in at $16.9 million (Q1 2026), $15.7 million (Q4 2025), and $16.6 million (Q3 2025), per Business Quant data.