Company / R&D Expense
Cerence Inc. R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$97.8M
FY2025
5-year range
$88.9M / $123.3M
FY2021-FY2025
Trend
-19.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 6 years, ranging from $89M in FY2022 to $123M in FY2023.
Based on SEC 10-K filings.
$98M in FY2025 with a 5-year CAGR of +1.9%.
Declined from $123M to $98M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +3.2%
- 5-Year CAGR
- +1.9%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.9%, indicating consistent growth.
- In FY2025, r&d expense decreased 19.6% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2022.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $97.8M | -19.6% |
| FY2024 | $121.6M | -1.4% |
| FY2023 | $123.3M | +38.7% |
| FY2022 | $88.9M | -4.5% |
| FY2021 | $93.1M | +4.7% |
| FY2020 | $88.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026