Cerence (CRNC) Tax Provisions (2018 - 2026)
Cerence posted quarterly Tax Provisions of -$4.7 million for Q1 2026, up 16.99% year-on-year from -$4.0 million in Q1 2025, and down 113.18% on a QoQ basis from $35.3 million in Q4 2025.
Cerence (CRNC) has 9 years of Tax Provisions data on file, last reported 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.
- Across five years, Tax Provisions topped out at $111.0 million in Q2 2022 and bottomed at -$99.9 million in Q3 2022.
- The 5-year median for Tax Provisions is $3.4 million (2022), against an average of $4.5 million.
- The widest annual swing landed in 2022, when Tax Provisions plunged 26323.62%; it then soared 23818.18% in 2025.
- A 5-year view of Tax Provisions shows it stood at $1.2 million in 2022, then soared by 2647.28% to $34.3 million in 2023, then sank by 83.4% to $5.7 million in 2024, then surged by 519.3% to $35.3 million in 2025, then sank 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 663.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -53.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 204.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 92.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 533.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 983.00 Mn |
| 10 | Cerence | 494.35 Mn | 386.09 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 |
| Mar 31, 2021 | 6.22 Mn |
| Dec 31, 2020 | -9.42 Mn |
| Sep 30, 2020 | 1.38 Mn |
| Jun 30, 2020 | -2.21 Mn |
| Mar 31, 2020 | -6.71 Mn |
| Dec 31, 2019 | 2.77 Mn |
| Sep 30, 2019 | -90.94 Mn |
| Jun 30, 2019 | 1.34 Mn |
| Mar 31, 2019 | -1.32 Mn |
| Dec 31, 2018 | 538,000.00 |