Cerence (CRNC) Prepaid Assets (2019 - 2026)
Cerence (CRNC) posted Prepaid Assets of $28.0 million for Q1 2026, down 22.1% on a QoQ basis from $35.9 million in Q4 2025, and down 29.46% year-over-year from $39.6 million in Q1 2025.
Cerence (CRNC) Prepaid Assets (2019 - 2026) Analysis & Trends
Cerence's Prepaid Assets history runs 8 years deep, the most recent figure standing at $28.0 million for Q1 2026.
- Quarterly Prepaid Assets fell 29.46% year-over-year to $28.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.0 million (down 29.46% YoY) and the FY2025 annual result came in at $39.9 million, down 43.4% from the prior year.
- Prepaid Assets was $28.0 million for Q1 2026 at Cerence, down from $35.9 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $70.5 million in Q3 2024 and bottomed at $28.0 million in Q1 2026.
- A 5-year average of $49.9 million and a median of $51.7 million in 2023 frame the typical range for Prepaid Assets.
- Annual changes were most pronounced in 2024 — Prepaid Assets soared 49.46% — and 2025, when it plunged 43.4%.
- Cerence's Prepaid Assets stood at $60.9 million in 2022, then dropped by 8.71% to $55.6 million in 2023, then slipped by 28.63% to $39.7 million in 2024, then dropped by 9.54% to $35.9 million in 2025, then declined by 22.1% to $28.0 million in 2026.
- Business Quant data shows CRNC's Prepaid Assets at $28.0 million in Q1 2026, $35.9 million in Q4 2025, and $39.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Cerence | 397.29 Mn | 289.03 Mn | 47.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.96 Mn |
| Dec 31, 2025 | 35.89 Mn |
| Sep 30, 2025 | 39.89 Mn |
| Jun 30, 2025 | 44.06 Mn |
| Mar 31, 2025 | 39.63 Mn |
| Dec 31, 2024 | 39.67 Mn |
| Sep 30, 2024 | 70.48 Mn |
| Jun 30, 2024 | 40.23 Mn |
| Mar 31, 2024 | 52.12 Mn |
| Dec 31, 2023 | 55.58 Mn |
| Sep 30, 2023 | 47.16 Mn |
| Jun 30, 2023 | 51.75 Mn |
| Mar 31, 2023 | 55.66 Mn |
| Dec 31, 2022 | 60.88 Mn |
| Sep 30, 2022 | 60.18 Mn |
| Jun 30, 2022 | 57.69 Mn |
| Mar 31, 2022 | 68.92 Mn |
| Dec 31, 2021 | 92.35 Mn |
| Sep 30, 2021 | 76.53 Mn |
| Jun 30, 2021 | 61.33 Mn |