Cerence (CRNC) Tax Rate (2018 - 2026)

Cerence has reported Tax Rate for 9 years, with the latest figure 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.
• The five-year high for Tax Rate was 946.48% in Q2 2022, with the low at 461.7% in Q4 2023.
• Historically, Tax Rate has averaged 35.33% across 5 years, with a median of 7.36% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate soared 89536 bps — and 2023, when it sank 95384 bps.
• Cerence's Tax Rate stood at 17.96% in 2022, then slumped by 2471 bps to 461.7% in 2023, then surged by 93 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.