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| Date | Value |
|---|---|
| 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% |