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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |