Cerence (CRNC) Cost of Revenue (2018 - 2026)
Cerence's (CRNC) quarterly Cost of Revenue came in at $16.7 million in Q2 2026, up 1.99% on a YoY basis from $16.3 million in Q2 2025, and down 1.32% quarter-over-quarter from $16.9 million in Q1 2026.
Analysis
Cerence (CRNC) Cost of Revenue (2018 - 2026) Analysis & Trends
Cerence (CRNC) has reported Cost of Revenue for 9 consecutive years, with $16.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 1.99% year-over-year to $16.7 million; the trailing twelve-month figure through Jun 2026 stood at $65.9 million (down 8.3% YoY), and the FY2025 full-year result was $68.6 million, down 21.31% from the prior year.
- Cost of Revenue eased to $16.7 million in Q2 2026 per CRNC's latest filing, from $16.9 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.
- Historically, Cost of Revenue has averaged $20.7 million across 5 years, with a median of $20.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue gained 8.07% in 2022, then tumbled 32.32% in 2024.
- Over 5 years, 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 rose by 6.02% to $16.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $16.7 million, $16.9 million, and $15.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackberry | 4.51 Bn | 4.16 Bn | 119.70 Mn | 33.20 Mn |
| 2 | Cerence | 385.45 Mn | 257.85 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 |