Cerence (CRNC) Gross Margin (2018 - 2026)
Cerence (CRNC) posted Gross Margin of 76.04% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 2.31 percentage points from 73.73% a year earlier and up 2.36 percentage points from the prior quarter.
Cerence (CRNC) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Cerence was 78.69%, up 7.93 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 72.74%, down 0.95 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +5.32 percentage points (FY2020 to FY2025).
- In prior fiscal years, Cerence's Gross Margin was 73.69% in FY2024 (+6.00 pp), 67.68% in FY2023 (-2.68 pp), 70.37% in FY2022 (-3.53 pp) and 73.89% in FY2021 (+6.48 pp).
- Quarterly Gross Margin has run from a low of 58.06% in fiscal Q4 2022 to a high of 86.33% in fiscal Q1 2026 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +1.93 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2026, with a gain of 21.35 percentage points; the weakest was fiscal Q4 2022, with a drop of 17.34 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 73.68% (Q2 2026), 86.33% (Q1 2026) and 72.55% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Cerence | 352.47 Mn | 346.49 Mn | 52.91 Mn | 76.04% |
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% |
Cerence Gross Margin 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=gross-margin&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();