Cerence (CRNC) Operating Leases (2019 - 2026)
Cerence's (CRNC) quarterly Operating Leases came in at $14.8 million in Q1 2026, up 1.91% YoY from $14.6 million in Q1 2025, and up 23.86% on a QoQ basis from $12.0 million in Q4 2025.
Cerence (CRNC) Operating Leases (2019 - 2026) Analysis & Trends
Cerence (CRNC) has 8 years of Operating Leases data on file, last reported at $14.8 million in Q1 2026.
- Quarterly Operating Leases rose 1.91% year-over-year to $14.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.8 million (up 1.91% YoY) and the FY2025 annual result came in at $13.1 million, up 48.62% from the prior year.
- Operating Leases improved to $14.8 million in Q1 2026, from $12.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $18.0 million in Q2 2025 to a low of $7.0 million in Q1 2024.
- A 5-year average of $11.4 million and a median of $11.4 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases plunged 35.98% — and 2025, when it surged 137.63%.
- Tracing CRNC's Operating Leases over 5 years: stood at $12.1 million in 2022, then tumbled by 33.16% to $8.1 million in 2023, then rose by 24.86% to $10.1 million in 2024, then gained by 18.93% to $12.0 million in 2025, then gained by 23.86% to $14.8 million in 2026.
- The last three Operating Leases figures came in at $14.8 million (Q1 2026), $12.0 million (Q4 2025), and $13.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Cerence | 406.24 Mn | 278.63 Mn | 52.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.59 Mn |
| Mar 31, 2026 | 14.84 Mn |
| Dec 31, 2025 | 11.98 Mn |
| Sep 30, 2025 | 13.08 Mn |
| Jun 30, 2025 | 18.01 Mn |
| Mar 31, 2025 | 14.56 Mn |
| Dec 31, 2024 | 10.07 Mn |
| Sep 30, 2024 | 8.80 Mn |
| Jun 30, 2024 | 7.58 Mn |
| Mar 31, 2024 | 7.01 Mn |
| Dec 31, 2023 | 8.07 Mn |
| Sep 30, 2023 | 7.95 Mn |
| Jun 30, 2023 | 9.33 Mn |
| Mar 31, 2023 | 10.95 Mn |
| Dec 31, 2022 | 12.07 Mn |
| Sep 30, 2022 | 11.38 Mn |
| Jun 30, 2022 | 13.02 Mn |
| Mar 31, 2022 | 14.75 Mn |
| Dec 31, 2021 | 13.00 Mn |
| Sep 30, 2021 | 12.22 Mn |