Cerence (CRNC) Cost of Revenue (2018 - 2026)
Cerence (CRNC) posted Cost of Revenue of $16.67 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 2.0% from $16.35 million a year earlier but down 1.3% from the prior quarter.
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Analysis
Cerence (CRNC) Cost of Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Cerence was $65.94 million, down 8.3% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $68.65 million, down 21.3% from FY2024.
- Annual Cost of Revenue has declined for five consecutive fiscal years, with a five-year compound annual growth rate of -8.6% (FY2020 to FY2025).
- In prior fiscal years, Cerence's Cost of Revenue was $87.23 million in FY2024 (-8.3%), $95.16 million in FY2023 (-2.1%), $97.17 million in FY2022 (-3.9%) and $101.07 million in FY2021 (-6.3%).
- Quarterly Cost of Revenue has run from a low of $15.73 million in fiscal Q1 2026 to a high of $26.34 million in fiscal Q1 2024 over five years.
- On a year-over-year basis, Cost of Revenue increased in 1 of the last eight quarters, with an average decline of 13.8%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q1 2023, with growth of 8.1%; the weakest was fiscal Q1 2025, with a decline of 32.3%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $16.9 million (Q2 2026), $15.73 million (Q1 2026) and $16.64 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 164.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 357.94 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Cerence | 365.57 Mn | 359.59 Mn | 52.91 Mn | 16.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.67 Mn |
| Mar 31, 2026 | 16.90 Mn |
| Dec 31, 2025 | 15.73 Mn |
| Sep 30, 2025 | 16.64 Mn |
| Jun 30, 2025 | 16.35 Mn |
| Mar 31, 2025 | 17.83 Mn |
| Dec 31, 2024 | 17.82 Mn |
| Sep 30, 2024 | 19.91 Mn |
| Jun 30, 2024 | 20.11 Mn |
| Mar 31, 2024 | 20.88 Mn |
| Dec 31, 2023 | 26.34 Mn |
| Sep 30, 2023 | 23.03 Mn |
| Jun 30, 2023 | 20.94 Mn |
| Mar 31, 2023 | 25.01 Mn |
| Dec 31, 2022 | 26.18 Mn |
| Sep 30, 2022 | 24.38 Mn |
| Jun 30, 2022 | 24.25 Mn |
| Mar 31, 2022 | 24.31 Mn |
| Dec 31, 2021 | 24.23 Mn |
| Sep 30, 2021 | 24.13 Mn |
API Access
Cerence Cost of Revenue 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=cost-of-revenue&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();