Cerence (CRNC) Research & Development (2018 - 2026)
Cerence (CRNC) reported Research & Development of $30.3 million for Q1 2026, up 29.86% on a YoY basis from $23.3 million in Q1 2025, and up 22.66% quarter-over-quarter from $24.7 million in Q4 2025.
Cerence (CRNC) Research & Development (2018 - 2026) Analysis & Trends
Cerence has reported Research & Development for 9 years, with the latest figure at $30.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 29.86% year-over-year to $30.3 million; the trailing twelve-month figure through Mar 2026 stood at $108.6 million (up 7.89% YoY), and the FY2025 full-year result was $97.8 million, down 19.58% from the prior year.
- Research & Development for Q1 2026 stood at $30.3 million, up from $24.7 million in the prior quarter.
- The five-year high for Research & Development was $35.1 million in Q3 2023, with the low at $20.9 million in Q4 2024.
- Historically, Research & Development has averaged $28.2 million across 5 years, with a median of $28.5 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development jumped 38.86% — and 2024, when it tumbled 37.34%.
- Cerence's Research & Development stood at $29.5 million in 2022, then rose by 12.92% to $33.3 million in 2023, then plunged by 37.34% to $20.9 million in 2024, then rose by 18.36% to $24.7 million in 2025, then rose by 22.66% to $30.3 million in 2026.
- The last three Research & Development figures came in at $30.3 million (Q1 2026), $24.7 million (Q4 2025), and $26.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Cerence | 461.49 Mn | 353.23 Mn | 47.30 Mn | 30.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 30.37 Mn |