Cerence (CRNC) Research & Development (2018 - 2026)
Cerence (CRNC) posted Research & Development of $6.5 million for Q1 2026, up 17.31% on a QoQ basis from $5.6 million in Q4 2025, and down 72.06% year-over-year from $23.3 million in Q1 2025.
Cerence (CRNC) Research & Development (2018 - 2026) Analysis & Trends
Cerence's Research & Development history runs 9 years deep, the most recent figure standing at $6.5 million for 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 was $6.5 million for Q1 2026 at Cerence, up from $5.6 million in the prior quarter.
- Across five years, Research & Development topped out at $84.6 million in Q3 2022 and bottomed at $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 sank 93.09%.
- Cerence's Research & Development stood at $29.5 million in 2022, then tumbled by 79.42% to $6.1 million in 2023, then slipped by 21.5% to $4.8 million in 2024, then increased by 16.6% to $5.6 million in 2025, then climbed by 17.31% to $6.5 million in 2026.
- Business Quant data shows CRNC's Research & Development at $6.5 million in Q1 2026, $5.6 million in Q4 2025, and $6.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Cerence | 397.29 Mn | 289.03 Mn | 47.30 Mn | 6.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 30.37 Mn |