Cerence (CRNC) Tax Provisions (2018 - 2026)

Cerence (CRNC) posted Tax Provisions of -$4.7 million for Q1 2026, down 113.18% on a QoQ basis from $35.3 million in Q4 2025, and up 16.95% year-over-year from -$4.0 million in Q1 2025.

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

Cerence's Tax Provisions history runs 9 years deep, the most recent figure standing at -$4.7 million for Q1 2026.

  • Quarterly Tax Provisions rose 16.95% year-over-year to -$4.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $40.4 million (up 195.31% YoY) and the FY2025 annual result came in at $9.9 million, up 185.27% from the prior year.
  • Tax Provisions was -$4.7 million for Q1 2026 at Cerence, down from $35.3 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $115.8 million in Q2 2022 and bottomed at -$119.3 million in Q3 2022.
  • A 5-year average of $3.3 million and a median of $2.3 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions plunged 3304.83% — and 2023, when it jumped 13891.57%.
  • Cerence's Tax Provisions stood at -$249000.0 in 2022, then soared by 13891.57% to $34.3 million in 2023, then plunged by 83.4% to $5.7 million in 2024, then soared by 519.3% to $35.3 million in 2025, then plunged by 113.18% to -$4.7 million in 2026.
  • Business Quant data shows CRNC's Tax Provisions at -$4.7 million in Q1 2026, $35.3 million in Q4 2025, and $7.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -936.60 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -32.53 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -53.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 194.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 614.00 Mn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 140.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 422.00 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -1.09 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 92.44 Mn
10 Cerence 397.29 Mn 289.03 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 68,000.00
Jun 30, 2024 -42.60 Mn
Mar 31, 2024 8.65 Mn
Dec 31, 2023 34.34 Mn
Sep 30, 2023 11.87 Mn
Jun 30, 2023 2.31 Mn
Mar 31, 2023 618,000.00
Dec 31, 2022 -249,000.00
Sep 30, 2022 -119.32 Mn
Jun 30, 2022 115.80 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 300,000.00
Sep 30, 2021 3.72 Mn
Jun 30, 2021 3.40 Mn