Cerence Inc. (CRNC) Revenue History
Annual and quarterly revenue from 2016 to 2025
Compound Annual Growth Rate (CAGR)
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CRNC Revenue Growth
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)
As of May 8, 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.
Looking at the longer-term picture, CRNC's 5-year compound annual growth rate (CAGR) stands at -5.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $387.2 million in 2021.
Revenue diversification analysis shows CRNC's business is primarily driven by License (56%), Professional Services (23%), and Connected Services (21%). With over half of revenue concentrated in License, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SOUN (+99.4% YoY), LSCC (+17.4% YoY), and VNET (+20.7% YoY), CRNC has underperformed the peer group in terms of 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 | +99.4% | +67.0% | -13.8% | |
 LSCC | $523M | +17.4% | +5.1% | 2.9% | |
 VNET | $8.3B | +20.7% | +16.9% | 8.1% | |
 AIXI | $70M | +16.7% | - | -18.3% | |
 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% |
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Start ComparisonCRNC — Frequently Asked Questions
Quick answers to the most common questions about buying CRNC stock.
Is CRNC's revenue growth accelerating or slowing?
CRNC revenue declined -17.7% year-over-year, contrasting with the 5-year CAGR of -5.3%. TTM revenue fell to $302M. This reverses the prior growth trend.
What is CRNC's long-term revenue growth rate?
Cerence Inc.'s 5-year revenue CAGR of -5.3% reflects the variable expansion pattern. Current YoY growth of -17.7% is below this long-term average.
How is CRNC's revenue distributed by segment?
CRNC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2016-2025 are available for download. Segment mix reveals concentration and diversification trends.