Cerence (CRNC) Tax Rate (2018 - 2026)
Cerence posted quarterly Tax Rate of 156.18% for Q1 2026, up 19108.0% year-on-year from N/an in Q1 2025, and up 33.0% on a QoQ basis from 117.43% in Q4 2025.
Cerence (CRNC) has 9 years of Tax Rate data on file, last reported at 156.18% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 19108.0% year-over-year to 156.18%; the trailing twelve-month figure through Mar 2026 stood at 194.19% (up 18300.0% YoY), and the FY2025 full-year result was 112.15%, down 11156.0% from the prior year.
- Tax Rate for Q1 2026 stood at 156.18%, up from 117.43% in the prior quarter.
- Across five years, Tax Rate topped out at 946.48% in Q2 2022 and bottomed at 461.7% in Q4 2023.
- The 5-year median for Tax Rate is 7.36% (2023), against an average of 35.33%.
- The widest annual swing landed in 2022, when Tax Rate soared 89536 bps; it then tumbled 95384 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 17.96% in 2022, then sank by 2471 bps to 461.7% in 2023, then soared by 93 bps to 30.62% in 2024, then jumped by 484 bps to 117.43% in 2025, then soared by 33 bps to 156.18% in 2026.
- The last three Tax Rate figures came in at 156.18% (Q1 2026), 117.43% (Q4 2025), and 144.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Cerence | 494.35 Mn | 386.09 Mn | 47.30 Mn | 156.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 156.18 |
| Mar 31, 2026 | 156.18 |
| Dec 31, 2025 | 117.43 |
| Dec 31, 2025 | 117.43 |
| Sep 30, 2025 | -144.35 |
| Sep 30, 2025 | -144.35 |
| Jun 30, 2025 | -240.81 |
| Jun 30, 2025 | -240.81 |
| Mar 31, 2025 | -34.90 |
| Mar 31, 2025 | -34.90 |
| Dec 31, 2024 | -30.62 |
| Dec 31, 2024 | -30.62 |
| Sep 30, 2024 | -0.16 |
| Sep 30, 2024 | -0.16 |
| Jun 30, 2024 | 11.95 |
| Jun 30, 2024 | 11.95 |
| Mar 31, 2024 | 288.70 |
| Mar 31, 2024 | 288.70 |
| Dec 31, 2023 | -461.70 |
| Dec 31, 2023 | -461.70 |
| Sep 30, 2023 | -62.39 |
| Sep 30, 2023 | -62.39 |
| Jun 30, 2023 | -7.36 |
| Jun 30, 2023 | -7.36 |
| Mar 31, 2023 | -16.56 |
| Mar 31, 2023 | -16.56 |
| Dec 31, 2022 | -17.96 |
| Dec 31, 2022 | -17.96 |
| Sep 30, 2022 | 39.79 |
| Sep 30, 2022 | 39.79 |
| Jun 30, 2022 | 946.48 |
| Jun 30, 2022 | 946.48 |
| Mar 31, 2022 | 56.88 |
| Mar 31, 2022 | 56.88 |
| Dec 31, 2021 | 1.55 |
| Dec 31, 2021 | 1.55 |
| Sep 30, 2021 | 6.67 |
| Sep 30, 2021 | 6.67 |
| Jun 30, 2021 | 51.12 |
| Jun 30, 2021 | 51.12 |
| Mar 31, 2021 | 35.77 |
| Mar 31, 2021 | 35.77 |
| Dec 31, 2020 | -284.10 |
| Dec 31, 2020 | -284.10 |
| Sep 30, 2020 | 3.67 |
| Sep 30, 2020 | 3.67 |
| Jun 30, 2020 | 7.31 |
| Jun 30, 2020 | 7.31 |
| Mar 31, 2020 | -109.86 |
| Mar 31, 2020 | -109.86 |
| Dec 31, 2019 | -32.52 |
| Dec 31, 2019 | -32.52 |
| Sep 30, 2019 | -1,876.66 |
| Sep 30, 2019 | -1,876.66 |
| Jun 30, 2019 | 43.11 |
| Jun 30, 2019 | 43.11 |
| Mar 31, 2019 | -304.84 |
| Mar 31, 2019 | -304.84 |
| Dec 31, 2018 | 19.26 |
| Dec 31, 2018 | 19.26 |