Cerence (CRNC) Research & Development (2018 - 2026)
Cerence's (CRNC) quarterly Research & Development came in at $29.2 million in Q2 2026, up 7.68% on a YoY basis from $27.2 million in Q2 2025, and down 3.5% quarter-over-quarter from $30.3 million in Q1 2026.
Analysis
Cerence (CRNC) Research & Development (2018 - 2026) Analysis & Trends
Cerence (CRNC) has reported Research & Development for 9 consecutive years, with $29.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 7.68% year-over-year to $29.2 million; the trailing twelve-month figure through Jun 2026 stood at $110.6 million (up 14.56% YoY), and the FY2025 full-year result was $97.8 million, down 19.58% from the prior year.
- Research & Development slipped to $29.2 million in Q2 2026 per CRNC's latest filing, from $30.3 million in the prior quarter.
- Across five years, Research & Development topped out at $35.1 million in Q3 2023 and bottomed at $20.9 million in Q4 2024.
- Historically, Research & Development has averaged $28.2 million across 5 years, with a median of $28.9 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Research & Development surged 38.86% in 2023, then plunged 37.34% in 2024.
- Over 5 years, Research & Development stood at $29.5 million in 2022, then advanced by 12.92% to $33.3 million in 2023, then slumped by 37.34% to $20.9 million in 2024, then advanced by 18.36% to $24.7 million in 2025, then advanced by 18.36% to $29.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $29.2 million, $30.3 million, and $24.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackberry | 4.51 Bn | 4.16 Bn | 119.70 Mn | 33.00 Mn |
| 2 | Cerence | 385.45 Mn | 257.85 Mn | 52.91 Mn | 29.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.24 Mn |
| Mar 31, 2026 | 30.30 Mn |
| Dec 31, 2025 | 24.70 Mn |
| Sep 30, 2025 | 26.40 Mn |
| Jun 30, 2025 | 27.15 Mn |
| Mar 31, 2025 | 23.33 Mn |
| Dec 31, 2024 | 20.87 Mn |
| Sep 30, 2024 | 25.23 Mn |
| Jun 30, 2024 | 31.18 Mn |
| Mar 31, 2024 | 31.85 Mn |
| Dec 31, 2023 | 33.31 Mn |
| Sep 30, 2023 | 35.14 Mn |
| Jun 30, 2023 | 30.20 Mn |
| Mar 31, 2023 | 28.49 Mn |
| Dec 31, 2022 | 29.49 Mn |
| Sep 30, 2022 | 25.31 Mn |
| Jun 30, 2022 | 26.04 Mn |
| Mar 31, 2022 | 29.98 Mn |
| Dec 31, 2021 | 25.79 Mn |
| Sep 30, 2021 | 28.71 Mn |