Cerence (CRNC) Research & Development (2018 - 2026)
Cerence's Research & Development was $29.24 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 7.7% from $27.15 million a year earlier but down 3.5% from the prior quarter.
Powered by 
Analysis
Cerence (CRNC) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cerence's Research & Development was $110.64 million through Jun 30, 2026, up 14.6% year-over-year; for FY2025 (ended Sep 30, 2025), it was $97.76 million, down 19.6% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- In earlier fiscal years, Research & Development was $121.56 million in FY2024 (-1.4%), $123.33 million in FY2023 (+15.1%), $107.12 million in FY2022 (-4.4%) and $112.07 million in FY2021 (+26.1%).
- Quarterly Research & Development has moved between $20.87 million (fiscal Q1 2025) and $35.14 million (fiscal Q4 2023) over five years.
- Compared with a year earlier, Research & Development has increased for four straight quarters, with an average decline of 5.6% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q4 2023 (growth of 38.9%); the worst was fiscal Q1 2025 (a decline of 37.3%).
- Per Business Quant data, CRNC's Research & Development in the three fiscal quarters before Q3 2026 was $30.3 million (Q2 2026), $24.7 million (Q1 2026) and $26.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 208.69 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 679.00 Mn |
| 10 | Cerence | 352.47 Mn | 346.49 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 |
API Access
Cerence Research & Development 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=research-and-development&ticker=CRNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();