Cerence (CRNC) Operating Leases (2019 - 2026)
Cerence (CRNC) reported Operating Leases of $9.54 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 31.1% from $13.85 million a year earlier and down 11.1% from the prior quarter.
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Analysis
Cerence (CRNC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Cerence posted Operating Leases of $13.08 million, up 48.6% from FY2024.
- Operating Leases has a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- By fiscal year, Operating Leases came in at $8.8 million in FY2024 (+10.8%), $7.95 million in FY2023 (-30.1%), $11.38 million in FY2022 (-6.9%) and $12.22 million in FY2021 (-31.5%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Operating Leases since fiscal Q4 2024.
- Year over year, Operating Leases gained in six of the last eight quarters, with growth averaging 29.5%.
- The high point for year-over-year Operating Leases in five years was fiscal Q2 2025 (growth of 107.7%); the low point was fiscal Q2 2024 (a decline of 36.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $10.73 million (Q2 2026), $11.98 million (Q1 2026) and $13.08 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Cerence | 352.47 Mn | 346.49 Mn | 52.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.54 Mn |
| Mar 31, 2026 | 10.73 Mn |
| Dec 31, 2025 | 11.98 Mn |
| Sep 30, 2025 | 13.08 Mn |
| Jun 30, 2025 | 13.85 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 |
API Access
Cerence Operating Leases 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=operating-leases&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();