Cerence (CRNC) Research & Development (2018 - 2026)
Cerence's (CRNC) quarterly Research & Development came in at $6.5 million in Q1 2026, down 72.06% YoY from $23.3 million in Q1 2025, and up 17.31% on a QoQ basis from $5.6 million in Q4 2025.
Cerence (CRNC) Research & Development (2018 - 2026) Analysis & Trends
Cerence (CRNC) has 9 years of Research & Development data on file, last reported at $6.5 million in Q1 2026.
- Quarterly Research & Development fell 72.06% year-over-year to $6.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $24.2 million (down 71.37% YoY) and the FY2025 annual result came in at $21.8 million, down 82.05% from the prior year.
- Research & Development grew to $6.5 million in Q1 2026, from $5.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $84.6 million in Q3 2022 to a low of $4.8 million in Q4 2024.
- A 5-year average of $19.6 million and a median of $8.3 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 401.68% — and 2023, when it slumped 93.09%.
- Tracing CRNC's Research & Development over 5 years: stood at $29.5 million in 2022, then sank by 79.42% to $6.1 million in 2023, then retreated by 21.5% to $4.8 million in 2024, then climbed by 16.6% to $5.6 million in 2025, then gained by 17.31% to $6.5 million in 2026.
- The last three Research & Development figures came in at $6.5 million (Q1 2026), $5.6 million (Q4 2025), and $6.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Cerence | 406.24 Mn | 278.63 Mn | 52.91 Mn | 29.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.24 Mn |
| Mar 31, 2026 | 6.52 Mn |
| Dec 31, 2025 | 5.56 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 5.92 Mn |
| Mar 31, 2025 | 23.33 Mn |
| Dec 31, 2024 | 4.77 Mn |
| Sep 30, 2024 | 25.23 Mn |
| Jun 30, 2024 | 31.18 Mn |
| Mar 31, 2024 | 5.62 Mn |
| Dec 31, 2023 | 6.07 Mn |
| Sep 30, 2023 | 5.85 Mn |
| Jun 30, 2023 | 30.20 Mn |
| Mar 31, 2023 | 28.49 Mn |
| Dec 31, 2022 | 29.49 Mn |
| Sep 30, 2022 | 84.63 Mn |
| Jun 30, 2022 | 26.04 Mn |
| Mar 31, 2022 | 8.31 Mn |
| Dec 31, 2021 | 5.88 Mn |
| Sep 30, 2021 | 28.71 Mn |