Cerence (CRNC) Tax Rate (2018 - 2026)

Cerence (CRNC) posted Tax Rate of 156.18% for Q1 2026, up 33.0% on a QoQ basis from 117.43% in Q4 2025, and up 19106.0% year-over-year from N/an in Q1 2025.

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

Cerence's Tax Rate history runs 9 years deep, the most recent figure standing at 156.18% for Q1 2026.

  • Quarterly Tax Rate rose 19106.0% year-over-year to 156.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 194.19% (up 18300.0% YoY) and the FY2025 annual result came in at 112.15%, down 11156.0% from the prior year.
  • Tax Rate was 156.18% for Q1 2026 at Cerence, up from 117.43% in the prior quarter.
  • Across five years, Tax Rate topped out at 3429.19% in Q3 2023 and bottomed at 240.81% in Q2 2025.
  • A 5-year average of 220.41% and a median of 11.96% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 337794 bps — and 2024, when it plunged 342952 bps.
  • Cerence's Tax Rate stood at 27.42% in 2022, then soared by 91 bps to 52.32% in 2023, then plunged by 159 bps to 30.62% in 2024, then surged by 484 bps to 117.43% in 2025, then jumped by 33 bps to 156.18% in 2026.
  • Business Quant data shows CRNC's Tax Rate at 156.18% in Q1 2026, 117.43% in Q4 2025, and 144.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Cerence 397.29 Mn 289.03 Mn 47.30 Mn 156.18%

Historic Data

Download Data
DateValue
Mar 31, 2026 156.18%
Mar 31, 2026 156.18%
Mar 31, 2026 156.18%
Dec 31, 2025 117.43%
Dec 31, 2025 117.43%
Dec 31, 2025 117.43%
Sep 30, 2025 -144.35%
Sep 30, 2025 -144.35%
Sep 30, 2025 -144.35%
Jun 30, 2025 -240.81%
Jun 30, 2025 -240.81%
Jun 30, 2025 -240.81%
Mar 31, 2025 -34.88%
Mar 31, 2025 -34.88%
Mar 31, 2025 -34.88%
Dec 31, 2024 -30.62%
Dec 31, 2024 -30.62%
Dec 31, 2024 -30.62%
Sep 30, 2024 -0.33%
Sep 30, 2024 -0.33%