Cerence Inc. Income Statement
CRNC|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Cerence Inc. reported $252M in revenue and $19M in net loss for FY2025. Revenue has declined at a 5.3% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $251.8M | $331.5M | $294.5M | $331.0M | $303.3M | $331.0M |
| Cost of Revenue | $68.6M | $87.2M | $95.2M | $107.9M | $99.3M | $107.9M |
| Gross Profit | $183.1M | $244.3M | $199.3M | $223.1M | $204.0M | $223.1M |
| SG&A Expense | $48.8M | $52.5M | $57.9M | $49.4M | $25.9M | $49.4M |
| R&D Expense | $97.8M | $121.6M | $123.3M | $88.9M | $93.1M | $88.9M |
| Operating Income | -$2.3M | -$579.9M | -$27.2M | $22.4M | $10.9M | $22.4M |
| Interest Expense | - | $12.6M | $14.8M | $22.7M | $22.7M | $22.7M |
| Income Tax | $9.9M | $3.5M | $19.9M | -$4.7M | -$89.1M | -$4.7M |
| Net Income | -$18.7M | -$588.1M | -$56.3M | -$18.3M | $100.3M | -$18.3M |
| EPS (Basic) | -$1.40 | -$7.93 | $1.22 | -$0.50 | $2.76 | $0.16 |
| EPS (Diluted) | -$1.40 | -$7.93 | $1.17 | -$0.50 | $2.76 | $0.16 |
| Shares Outstanding | 41.9M | 40.4M | 39.4M | 38.0M | 36.8M | 36.8M |
| Gross Margin | 72.7% | 73.7% | 67.7% | 67.4% | 67.3% | 67.4% |
| Operating Margin | -0.9% | -174.9% | -9.2% | 6.8% | 3.6% | 6.8% |
| Profit Margin | -7.4% | -177.4% | -19.1% | -5.5% | 33.1% | -5.5% |