Cerence (CRNC) Operating Expenses (2018 - 2026)
Cerence's (CRNC) quarterly Operating Expenses came in at $49.7 million in Q1 2026, up 16.14% YoY from $42.8 million in Q1 2025, and down 28.98% on a QoQ basis from $70.0 million in Q4 2025.
Cerence (CRNC) Operating Expenses (2018 - 2026) Analysis & Trends
Cerence (CRNC) has 9 years of Operating Expenses data on file, last reported at $49.7 million in Q1 2026.
- Quarterly Operating Expenses rose 16.14% year-over-year to $49.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $212.4 million (down 61.55% YoY) and the FY2025 annual result came in at $185.4 million, down 77.5% from the prior year.
- Operating Expenses fell to $49.7 million in Q1 2026, from $70.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $405.3 million in Q2 2024 to a low of $42.8 million in Q1 2025.
- A 5-year average of $101.4 million and a median of $53.8 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 723.47% — and 2025, when it sank 88.45%.
- Tracing CRNC's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Cerence | 406.24 Mn | 278.63 Mn | 52.91 Mn | 51.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.04 Mn |
| 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 |