Cerence CRNC
NASDAQ CRNC
$8.53 +0.04 (+0.47%)
At close: Sep 4, 2026 · 4:00 PM EDT

Cerence (CRNC) Gross Margin (2018 - 2026)

Cerence's (CRNC) quarterly Gross Margin came in at 76.04% in Q2 2026, up 231.0% on a YoY basis from 22.97% in Q2 2025, and up 3.2% quarter-over-quarter from 73.68% in Q1 2026.

Analysis

Cerence (CRNC) Gross Margin (2018 - 2026) Analysis & Trends

Cerence (CRNC) has reported Gross Margin for 9 consecutive years, with 76.04% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 231.0% year-over-year to 76.04%; the trailing twelve-month figure through Jun 2026 stood at 78.69% (up 793.0% YoY), and the FY2025 full-year result was 72.74%, down 95.0% from the prior year.
  • Gross Margin grew to 76.04% in Q2 2026 per CRNC's latest filing, from 73.68% in the prior quarter.
  • Across five years, Gross Margin topped out at 86.33% in Q4 2025 and bottomed at 58.06% in Q3 2022.
  • Historically, Gross Margin has averaged 71.23% across 5 years, with a median of 71.66% in 2024.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin tumbled 1734 bps in 2022, then jumped 2135 bps in 2025.
  • Over 5 years, Gross Margin stood at 68.7% in 2022, then gained by 18 bps to 80.96% in 2023, then decreased by 20 bps to 64.98% in 2024, then surged by 33 bps to 86.33% in 2025, then slipped by 12 bps to 76.04% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 76.04%, 73.68%, and 86.33% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Blackberry 4.51 Bn 4.16 Bn 119.70 Mn 78.29%
2 Cerence 385.45 Mn 257.85 Mn 52.91 Mn 76.04%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 76.04%
Mar 31, 2026 73.68%
Dec 31, 2025 86.33%
Sep 30, 2025 72.55%
Jun 30, 2025 73.73%
Mar 31, 2025 77.15%
Dec 31, 2024 64.98%
Sep 30, 2024 63.67%
Jun 30, 2024 71.50%
Mar 31, 2024 69.21%
Dec 31, 2023 80.96%
Sep 30, 2023 71.49%
Jun 30, 2023 66.04%
Mar 31, 2023 63.43%
Dec 31, 2022 68.70%
Sep 30, 2022 58.06%
Jun 30, 2022 72.76%
Mar 31, 2022 71.83%
Dec 31, 2021 74.34%
Sep 30, 2021 75.40%