Cerence (CRNC) Cost of Revenue (2018 - 2026)
Cerence posted quarterly Cost of Revenue of $16.9 million for Q1 2026, up 242.72% year-on-year from $4.9 million in Q1 2025, and up 7.44% on a QoQ basis from $15.7 million in Q4 2025.
Cerence (CRNC) has 9 years of Cost of Revenue data on file, last reported 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.
- Across five years, Cost of Revenue topped out at $73.5 million in Q3 2023 and bottomed at -$41.7 million in Q3 2022.
- The 5-year median for Cost of Revenue is $15.7 million (2025), against an average of $13.6 million.
- The widest annual swing landed in 2022, when Cost of Revenue slumped 272.78%; it then jumped 276.33% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $9.2 million in 2022, then jumped by 187.44% to $26.3 million in 2023, then plunged by 32.32% to $17.8 million in 2024, then slipped by 11.77% to $15.7 million in 2025, then rose 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Cerence | 494.35 Mn | 386.09 Mn | 47.30 Mn | 16.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 4.93 Mn |
| Mar 31, 2025 | 4.93 Mn |
| Dec 31, 2024 | 17.82 Mn |
| Dec 31, 2024 | 17.82 Mn |
| Sep 30, 2024 | 4.83 Mn |
| Sep 30, 2024 | 4.83 Mn |
| Jun 30, 2024 | 20.11 Mn |
| Jun 30, 2024 | 20.11 Mn |
| Mar 31, 2024 | 5.62 Mn |
| Mar 31, 2024 | 5.62 Mn |
| Dec 31, 2023 | 26.34 Mn |
| Dec 31, 2023 | 26.34 Mn |
| Sep 30, 2023 | 73.51 Mn |
| Sep 30, 2023 | 73.51 Mn |
| Jun 30, 2023 | 20.94 Mn |
| Jun 30, 2023 | 20.94 Mn |
| Mar 31, 2023 | 8.22 Mn |
| Mar 31, 2023 | 8.22 Mn |
| Dec 31, 2022 | 9.16 Mn |
| Dec 31, 2022 | 9.16 Mn |
| Sep 30, 2022 | -41.69 Mn |
| Sep 30, 2022 | -41.69 Mn |
| Jun 30, 2022 | 8.30 Mn |
| Jun 30, 2022 | 8.30 Mn |
| Mar 31, 2022 | 8.31 Mn |
| Mar 31, 2022 | 8.31 Mn |
| Dec 31, 2021 | 24.23 Mn |
| Dec 31, 2021 | 24.23 Mn |
| Sep 30, 2021 | 24.13 Mn |
| Sep 30, 2021 | 24.13 Mn |
| Jun 30, 2021 | 23.84 Mn |
| Jun 30, 2021 | 23.84 Mn |
| Mar 31, 2021 | 9.56 Mn |
| Mar 31, 2021 | 9.56 Mn |
| Dec 31, 2020 | 9.01 Mn |
| Dec 31, 2020 | 9.01 Mn |
| Sep 30, 2020 | 8.57 Mn |
| Sep 30, 2020 | 8.57 Mn |
| Jun 30, 2020 | 27.60 Mn |
| Jun 30, 2020 | 27.60 Mn |
| Mar 31, 2020 | 7.71 Mn |
| Mar 31, 2020 | 7.71 Mn |
| Dec 31, 2019 | 25.93 Mn |
| Dec 31, 2019 | 25.93 Mn |
| Sep 30, 2019 | 71.87 Mn |
| Sep 30, 2019 | 71.87 Mn |
| Jun 30, 2019 | 23.68 Mn |
| Jun 30, 2019 | 23.68 Mn |
| Mar 31, 2019 | 24.44 Mn |
| Mar 31, 2019 | 24.44 Mn |
| Dec 31, 2018 | 24.21 Mn |
| Dec 31, 2018 | 24.21 Mn |