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| Date | Value |
|---|---|
| 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 |