Cerence (CRNC) Tax Rate (2018 - 2026)

Cerence's (CRNC) quarterly Tax Rate came in at 156.18% in Q1 2026, up 19106.0% YoY from N/an in Q1 2025, and up 33.0% on a QoQ basis from 117.43% in Q4 2025.

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

Cerence (CRNC) has 9 years of Tax Rate data on file, last reported at 156.18% in 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 rose to 156.18% in Q1 2026, from 117.43% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3429.19% in Q3 2023 to a low of 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 sank 342952 bps.
  • Tracing CRNC's Tax Rate over 5 years: stood at 27.42% in 2022, then jumped by 91 bps to 52.32% in 2023, then slumped by 159 bps to 30.62% in 2024, then soared by 484 bps to 117.43% in 2025, then surged 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 255.48 Bn 234.41 Bn 16.51 Bn -27.76%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 15.38%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 22.57%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 25.63%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 31.96%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.37%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 22.20%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 23.50%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 24.29%
10 Cerence 406.24 Mn 278.63 Mn 52.91 Mn 0.97%

Historic Data

Download Data
DateValue
Jun 30, 2026 0.97%
Jun 30, 2026 0.97%
Jun 30, 2026 0.97%
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%