Cerence (CRNC) Long-Term Investments (2021 - 2024)
Cerence (CRNC) reported Long-Term Investments of $2.55 million for fiscal Q1 2025 (quarter ended Dec 31, 2024), down 67.1% from $7.76 million a year earlier and down 26.1% from the prior quarter.
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Analysis
Cerence (CRNC) Long-Term Investments (2021 - 2024) Analysis & Trends
At the end of FY2024 (ended Sep 30, 2024), Cerence posted Long-Term Investments of $3.45 million, down 67.4% from FY2023.
- Long-Term Investments has a three-year compound annual growth rate of -22.2% (FY2021 to FY2024).
- By fiscal year, Long-Term Investments came in at $10.61 million in FY2023 (-8.4%), $11.58 million in FY2022 (+57.8%) and $7.34 million in FY2021.
- The fiscal Q1 2025 figure ranks as the lowest quarterly Long-Term Investments in data going back to fiscal Q3 2021.
- Year over year, Long-Term Investments has now declined in each of the last six quarters, with growth averaging 0.2% over the last eight quarters.
- The high point for year-over-year Long-Term Investments in five years was fiscal Q2 2023 (growth of 251.7%); the low point was fiscal Q4 2024 (a decline of 67.4%).
- Per Business Quant data, the three fiscal quarters before Q1 2025 came in at $3.45 million (Q4 2024), $5.34 million (Q3 2024) and $6.71 million (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 4.84 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 69.26 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 399.10 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 1.98 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | - |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 853.84 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 6.32 Bn |
| 10 | Cerence | 353.82 Mn | 347.85 Mn | 52.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.55 Mn |
| Sep 30, 2024 | 3.45 Mn |
| Jun 30, 2024 | 5.34 Mn |
| Mar 31, 2024 | 6.71 Mn |
| Dec 31, 2023 | 7.76 Mn |
| Sep 30, 2023 | 10.61 Mn |
| Jun 30, 2023 | 13.19 Mn |
| Mar 31, 2023 | 15.68 Mn |
| Dec 31, 2022 | 13.07 Mn |
| Sep 30, 2022 | 11.58 Mn |
| Jun 30, 2022 | 8.78 Mn |
| Mar 31, 2022 | 4.46 Mn |
| Dec 31, 2021 | 7.72 Mn |
| Sep 30, 2021 | 7.34 Mn |
| Jun 30, 2021 | 7.35 Mn |
API Access
Cerence Long-Term Investments 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=long-term-investments&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();