Cerence (CRNC) Invested Capital (2019 - 2026)
Cerence's Invested Capital was $339.81 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 4.1% from $354.5 million a year earlier but up 2.6% from the prior quarter.
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Analysis
Cerence (CRNC) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Invested Capital at Cerence came in at $350.37 million, down 17.2% from FY2024.
- Invested Capital has now declined for four consecutive fiscal years, with a five-year compound annual growth rate of -22.3% (FY2020 to FY2025).
- In earlier fiscal years, Invested Capital was $423 million in FY2024 (-56.4%), $970.83 million in FY2023 (-1.3%), $983.32 million in FY2022 (-24.6%) and $1.3 billion in FY2021 (+5.7%).
- Quarterly Invested Capital has moved between $322.37 million (fiscal Q1 2026) and $1.33 billion (fiscal Q2 2022) over five years.
- Compared with a year earlier, Invested Capital has declined for ten straight quarters, with an average decline of 29.4% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q4 2021 (growth of 5.7%); the worst was fiscal Q1 2025 (a decline of 62.6%).
- Per Business Quant data, CRNC's Invested Capital in the three fiscal quarters before Q3 2026 was $331.23 million (Q2 2026), $322.37 million (Q1 2026) and $350.37 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 5.89 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 6.97 Bn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 5.41 Bn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 51.45 Bn |
| 10 | Cerence | 353.82 Mn | 347.85 Mn | 52.91 Mn | 339.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 339.81 Mn |
| Mar 31, 2026 | 331.23 Mn |
| Dec 31, 2025 | 322.37 Mn |
| Sep 30, 2025 | 350.37 Mn |
| Jun 30, 2025 | 354.50 Mn |
| Mar 31, 2025 | 384.35 Mn |
| Dec 31, 2024 | 376.86 Mn |
| Sep 30, 2024 | 423.00 Mn |
| Jun 30, 2024 | 434.58 Mn |
| Mar 31, 2024 | 742.29 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 970.83 Mn |
| Jun 30, 2023 | 982.22 Mn |
| Mar 31, 2023 | 986.61 Mn |
| Dec 31, 2022 | 999.70 Mn |
| Sep 30, 2022 | 983.32 Mn |
| Jun 30, 2022 | 1.22 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.32 Bn |
| Sep 30, 2021 | 1.30 Bn |
API Access
Cerence Invested Capital 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=invested-capital&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();