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