Cerence (CRNC) Restructuring Costs (2018 - 2026)
Cerence (CRNC) recorded Restructuring Costs of $1.3 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 44.4% from $900,000 a year earlier and up 923.6% from the prior quarter.
Cerence (CRNC) Restructuring Costs (2018 - 2026) Analysis & Trends
On a TTM basis, Cerence's Restructuring Costs came in at $9.9 million as of Jun 30, 2026, down 60.7% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $15.42 million, down 9.8% from FY2024.
- Annual Restructuring Costs has a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- Across earlier fiscal years, Restructuring Costs came in at $17.1 million in FY2024 (+43.5%), $11.92 million in FY2023 (+32.9%), $8.97 million in FY2022 (+76.1%) and $5.09 million in FY2021 (-69.1%).
- Quarterly Restructuring Costs has ranged from $127,000 in fiscal Q2 2026 to $11.1 million in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, Restructuring Costs rose in 1 of the last six quarters, with an average decline of 42.0%.
- Peak year-over-year performance for Restructuring Costs in the last five years was growth of 924.0% in fiscal Q1 2022, against a decline of 95.5% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $127,000 (Q2 2026), $7.8 million (Q1 2026) and $674,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Cerence | 352.47 Mn | 346.49 Mn | 52.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30 Mn |
| Mar 31, 2026 | 127,000.00 |
| Dec 31, 2025 | 7.80 Mn |
| Sep 30, 2025 | 674,000.00 |
| Jun 30, 2025 | 900,000.00 |
| Mar 31, 2025 | 2.83 Mn |
| Dec 31, 2024 | 11.10 Mn |
| Sep 30, 2024 | 10.35 Mn |
| Jun 30, 2024 | 1.50 Mn |
| Mar 31, 2024 | 4.55 Mn |
| Dec 31, 2023 | 705,000.00 |
| Sep 30, 2023 | 842,000.00 |
| Jun 30, 2023 | 1.17 Mn |
| Mar 31, 2023 | 5.71 Mn |
| Dec 31, 2022 | 4.19 Mn |
| Sep 30, 2022 | 2.38 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 474,000.00 |
| Dec 31, 2021 | 4.92 Mn |
| Sep 30, 2021 | 2.32 Mn |
Cerence Restructuring Costs 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=restructuring-costs&ticker=CRNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "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=restructuring-costs&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();