Cerence (CRNC) Tax Provisions (2018 - 2026)

Cerence (CRNC) reported Tax Provisions of -$4.7 million for Q1 2026, up 16.99% on a YoY basis from -$4.0 million in Q1 2025, and down 113.18% quarter-over-quarter from $35.3 million in Q4 2025.

Cerence (CRNC) Tax Provisions (2018 - 2026) Analysis & Trends

Cerence has reported Tax Provisions for 9 years, with the latest figure at -$4.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 16.99% year-over-year to -$4.7 million; the trailing twelve-month figure through Mar 2026 stood at $40.4 million (up 195.33% YoY), and the FY2025 full-year result was $9.9 million, up 185.27% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$4.7 million, down from $35.3 million in the prior quarter.
  • The five-year high for Tax Provisions was $111.0 million in Q2 2022, with the low at -$99.9 million in Q3 2022.
  • Historically, Tax Provisions has averaged $4.5 million across 5 years, with a median of $3.4 million in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions slumped 26323.62% — and 2025, when it soared 23818.18%.
  • Cerence's Tax Provisions stood at $1.2 million in 2022, then surged by 2647.28% to $34.3 million in 2023, then slumped by 83.4% to $5.7 million in 2024, then jumped by 519.3% to $35.3 million in 2025, then slumped by 113.18% to -$4.7 million in 2026.
  • The last three Tax Provisions figures came in at -$4.7 million (Q1 2026), $35.3 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -32.53 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 194.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -53.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 614.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 92.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 204.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 422.00 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 526.00 Mn
10 Cerence 461.49 Mn 353.23 Mn 47.30 Mn -4.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.65 Mn
Dec 31, 2025 35.30 Mn
Sep 30, 2025 7.89 Mn
Jun 30, 2025 1.90 Mn
Mar 31, 2025 -5.60 Mn
Dec 31, 2024 5.70 Mn
Sep 30, 2024 33,000.00
Jun 30, 2024 -42.55 Mn
Mar 31, 2024 11.60 Mn
Dec 31, 2023 34.34 Mn
Sep 30, 2023 11.87 Mn
Jun 30, 2023 699,000.00
Mar 31, 2023 3.71 Mn
Dec 31, 2022 1.25 Mn
Sep 30, 2022 -99.91 Mn
Jun 30, 2022 110.99 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 299,000.00
Sep 30, 2021 381,000.00
Jun 30, 2021 6.06 Mn