Cerence (CRNC) Tax Provisions (2018 - 2026)
Cerence's (CRNC) quarterly Tax Provisions came in at -$4.7 million in Q1 2026, up 16.95% YoY from -$4.0 million in Q1 2025, and down 113.18% on a QoQ basis from $35.3 million in Q4 2025.
Cerence (CRNC) Tax Provisions (2018 - 2026) Analysis & Trends
Cerence (CRNC) has 9 years of Tax Provisions data on file, last reported at -$4.7 million in 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 retreated to -$4.7 million in Q1 2026, from $35.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $115.8 million in Q2 2022 to a low of -$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 sank 3304.83% — and 2023, when it jumped 13891.57%.
- Tracing CRNC's Tax Provisions over 5 years: stood at -$249000.0 in 2022, then jumped by 13891.57% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Cerence | 406.24 Mn | 278.63 Mn | 52.91 Mn | 15,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15,000.00 |
| 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 |