Cerence Inc. (CRNC) Revenue History
Annual and quarterly revenue from 2016 to present
CRNC Revenue Over Time (2016–2025)
CRNC Revenue Growth History
6 of 9 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +15.9%
- FY2018 revenue growth
- +13.2%
- FY2019 revenue growth
- +9.5%
- FY2020 revenue growth
- +9.1%
- FY2021 revenue growth
- +17.0%
- FY2022 revenue growth
- -15.3%
- FY2023 revenue growth
- -10.2%
- FY2024 revenue growth
- +12.6%
- FY2025 revenue growth
- -24.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $64.2M | -17.7% |
| Q1 2026 | $115.1M | +126.1% |
| Q4 2025 | $60.6M | +10.6% |
| Q3 2025 | $62.2M | -11.8% |
| Q2 2025 | $78.0M | +15.0% |
| Q1 2025 | $50.9M | -63.2% |
| Q4 2024 | $54.8M | -32.1% |
| Q3 2024 | $70.5M | +14.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
CRNC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CRNC Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 22, 2026, Cerence Inc. (CRNC) generated trailing twelve-month (TTM) revenue of $302.1 million, reflecting significant decline in growth of -17.7% year-over-year. The most recent quarter (Q2 2026) recorded $64.2 million in revenue, down 44.2% sequentially.
Historical Growth Trajectory
CRNC's 5-year compound annual growth rate (CAGR) stands at -5.3%, indicating revenue contraction over this period. The 3-year CAGR of -8.4% is below the 5-year average, signalling a growth deceleration in recent years. Cerence Inc.'s highest annual revenue of $387.2 million was recorded in 2021.
Revenue by Segment
CRNC's revenue is primarily driven by License (56%), Professional Services (23%), and Connected Services (21%). With over half of revenue concentrated in License, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including SOUN (+80.0% YoY), LSCC (+17.4% YoY), and VNET (+20.8% YoY) — CRNC has underperformed the peer group in revenue growth. Compare CRNC vs SOUN →
CRNC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRNCCurrent | $302M | -17.7% | -5.3% | 5.2% | |
 SOUN | $169M | +80.0% | +67.0% | -13.8% | |
 LSCC | $523M | +17.4% | +5.1% | 2.9% | |
 VNET | $9.7B | +20.8% | +14.9% | 7.6% | |
 AIXI | $12M | -22.9% | -2.3% | -783.6% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% |
CRNC Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $251.8M | -24.0% | $181.5M | 72.1% | $13.1M | 5.2% |
| 2024 | $331.5M | +12.6% | $242.1M | 73.0% | $46.3M | 14.0% |
| 2023 | $294.5M | -10.2% | $193.5M | 65.7% | $-15,282,000 | -5.2% |
| 2022 | $327.9M | -15.3% | $219.2M | 66.9% | $38.3M | 11.7% |
| 2021 | $387.2M | +17.0% | $273.4M | 70.6% | $65.7M | 17.0% |
| 2020 | $331.0M | +9.1% | $210.6M | 63.6% | $38.9M | 11.8% |
| 2019 | $303.3M | +9.5% | $189.8M | 62.6% | $36.2M | 11.9% |
| 2018 | $277.0M | +13.2% | $183.7M | 66.3% | $53.8M | 19.4% |
| 2017 | $244.7M | +15.9% | $168.4M | 68.8% | $66.3M | 27.1% |
| 2016 | $211.1M | - | $142.8M | 67.6% | $49.7M | 23.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CRNC — Frequently Asked Questions
Quick answers to the most common questions about buying CRNC stock.
Is CRNC's revenue growth accelerating or slowing?
CRNC revenue is declining -17.7% year-over-year. TTM revenue fell to $302M, contrasting with the 5-year CAGR of -5.3%. The reversal reflects either macro headwinds or company-specific challenges.
What is CRNC's revenue history from 2016 to 2026?
Cerence Inc. (CRNC) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $302M, growing at -17.7% YoY. The 5-year CAGR is -5.3%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CRNC's long-term revenue growth rate (CAGR)?
Cerence Inc.'s 5-year revenue CAGR of -5.3% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -17.7% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CRNC.
Why does CRNC's quarterly revenue fluctuate?
CRNC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Cerence Inc.'s revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is CRNC's revenue distributed by segment?
CRNC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CRNC's revenue compare to industry peers?
Cerence Inc. (CRNC) with TTM revenue of $302M and -17.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.