Cerence (CRNC) Restructuring Costs (2018 - 2025)

Cerence's Restructuring Costs history runs 8 years deep, the most recent figure standing at $2.8 million for Q1 2025.

• Quarterly Restructuring Costs fell 37.77% year-over-year to $2.8 million in Q1 2025, while the trailing twelve-month figure through Mar 2025 was $25.7 million (up 253.71% YoY) and the FY2024 annual result came in at $17.1 million, up 43.3% from the prior year.
• Restructuring Costs was $2.8 million for Q1 2025 at Cerence, down from $11.1 million in the prior quarter.
• Across five years, Restructuring Costs topped out at $11.1 million in Q4 2024 and bottomed at $474000.0 in Q1 2022.
• A 5-year average of $3.3 million and a median of $2.3 million in 2021 frame the typical range for Restructuring Costs.
• Annual changes were most pronounced in 2023 — Restructuring Costs plunged 83.17% — and 2024, when it jumped 1469.08%.
• Cerence's Restructuring Costs stood at $4.9 million in 2021, then retreated by 14.77% to $4.2 million in 2022, then plunged by 83.17% to $705000.0 in 2023, then soared by 1469.08% to $11.1 million in 2024, then tumbled by 74.4% to $2.8 million in 2025.
• Business Quant data shows CRNC's Restructuring Costs at $2.8 million in Q1 2025, $11.1 million in Q4 2024, and $10.3 million in Q3 2024.