CRNC — Cerence Inc
NASDAQ · Technology · Software - Application
$8.47
+$0.05 (+0.60%)
Cerence Inc (CRNC) is a software - application company listed on NASDAQ. It is led by Brian Matthew Krzanich, based in 25 Burlington Mall Road, Burlington, MA, United States, 01803, with about 1,400 employees. Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. The company has a strategic partnership with Arm Kleidi to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.
Latest reported CRNC revenue for 2025-09-30 was $251.8M. Net income was -$18.7M. Revenue was up 304.6% from 2025-06-30 to 2025-09-30. CRNC currently screens at market cap $460.7M.
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About Cerence Inc
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. The company has a strategic partnership with Arm Kleidi to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.
CRNC Key Statistics
Market Cap
$460.70M
Volume
127,814
Previous Close
$7.57
Day Range
$7.60 – $7.78
EPS
-$0.43
Revenue
$251.78M
Net Income
-$18.71M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
-24.0%
Profit Margin
-7.4%
Employees
1,400
CRNC Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $251.78M | $331.50M | $294.48M | $327.89M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$18.71M | -$588.08M | -$56.25M | -$310.83M |
| EPS (Diluted) | -$0.43 | -$14.12 | -$1.40 | -$7.93 |
Total Assets
$630.59M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$0.00
Operating Cash Flow
$61.17M
Free Cash Flow
$0.00
Cerence Inc Company Information
- President, CEO & Director
- Brian Matthew Krzanich
- Headquarters
- 25 Burlington Mall Road, Burlington, MA, United States, 01803
- Website
- www.cerence.com
- Phone
- 857 362 7300
- IPO / Founded
- 2019-10-02
- Sector
- Technology
- Industry
- Software - Application