Cerence (CRNC) Tax Rate (2018 - 2026)

Cerence (CRNC) has reported Tax Rate for 9 consecutive years, with 0.97% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 24584.0% year-over-year to 0.97%; the trailing twelve-month figure through Jun 2026 stood at 166.25% (up 17494.0% YoY), and the FY2025 full-year result was 112.15%, down 11156.0% from the prior year.
• Tax Rate slipped to 0.97% in Q2 2026 per CRNC's latest filing, from 157.82% in the prior quarter.
• Across five years, Tax Rate topped out at 3429.19% in Q3 2023 and bottomed at 244.87% in Q2 2025.
• Historically, Tax Rate has averaged 200.74% across 5 years, with a median of 0.4% in 2024.
• The sharpest annual moves came in 2023 and 2024: Tax Rate surged 342688 bps in 2023, then sank 342935 bps in 2024.
• Over 5 years, Tax Rate stood at 21.53% in 2022, then surged by 343 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 sank by 99 bps to 0.97% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 0.97%, 157.82%, and 117.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.