Cerence (CRNC) Operating Expenses (2018 - 2026)
Cerence (CRNC) reported Operating Expenses of $49.7 million for Q1 2026, up 16.14% on a YoY basis from $42.8 million in Q1 2025, and down 28.98% quarter-over-quarter from $70.0 million in Q4 2025.
Cerence (CRNC) Operating Expenses (2018 - 2026) Analysis & Trends
Cerence has reported Operating Expenses for 9 years, with the latest figure at $49.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 16.14% year-over-year to $49.7 million; the trailing twelve-month figure through Mar 2026 stood at $212.4 million (down 61.55% YoY), and the FY2025 full-year result was $185.4 million, down 77.5% from the prior year.
- Operating Expenses for Q1 2026 stood at $49.7 million, down from $70.0 million in the prior quarter.
- The five-year high for Operating Expenses was $405.3 million in Q2 2024, with the low at $42.8 million in Q1 2025.
- Historically, Operating Expenses has averaged $101.4 million across 5 years, with a median of $53.8 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 723.47% — and 2025, when it sank 88.45%.
- Cerence's Operating Expenses stood at $59.5 million in 2022, then decreased by 10.15% to $53.4 million in 2023, then slipped by 6.39% to $50.0 million in 2024, then soared by 40.06% to $70.0 million in 2025, then slipped by 28.98% to $49.7 million in 2026.
- The last three Operating Expenses figures came in at $49.7 million (Q1 2026), $70.0 million (Q4 2025), and $45.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Cerence | 461.49 Mn | 353.23 Mn | 47.30 Mn | 49.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.74 Mn |
| Dec 31, 2025 | 70.04 Mn |
| Sep 30, 2025 | 45.76 Mn |
| Jun 30, 2025 | 46.84 Mn |
| Mar 31, 2025 | 42.83 Mn |
| Dec 31, 2024 | 50.01 Mn |
| Sep 30, 2024 | 54.12 Mn |
| Jun 30, 2024 | 405.34 Mn |
| Mar 31, 2024 | 311.33 Mn |
| Dec 31, 2023 | 53.42 Mn |
| Sep 30, 2023 | 53.84 Mn |
| Jun 30, 2023 | 49.22 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | 59.45 Mn |
| Sep 30, 2022 | 263.10 Mn |
| Jun 30, 2022 | 49.01 Mn |
| Mar 31, 2022 | 55.69 Mn |
| Dec 31, 2021 | 47.27 Mn |
| Sep 30, 2021 | 63.19 Mn |
| Jun 30, 2021 | 58.02 Mn |