For the quarter ending 2026-03-31, CRNC has $616,951K in assets. $458,406K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gross carrying amount-Customer Relationships | - | - | -110,236 | - |
| Accumulated amortization-Customer Relationships | - | - | -110,236 | - |
| Gross carrying amount-Technology Based Intangible Assets | - | - | -90,502 | - |
| Accumulated amortization-Technology Based Intangible Assets | - | - | -90,502 | - |
| Gross carrying amount | - | - | -200,738 | - |
| Cash and cash equivalents | 108,260 | 92,130 | 84,017 | 73,672 |
| Marketable securities | 0 | 2,544 | 3,433 | 5,454 |
| Accumulated amortization | - | - | -200,738 | - |
| Accounts receivable, net of allowances of 58 and 68 as of march31, 2026 and september30, 2025, respectively | 63,606 | 51,228 | 58,937 | 62,220 |
| Intangible assets, net | - | - | 0 | 0 |
| Deferred costs | 4,482 | 4,352 | 4,481 | 4,696 |
| Prepaid expenses and other current assets | 27,956 | 35,886 | 39,889 | 44,057 |
| Total current assets | 204,304 | 186,140 | 190,757 | 190,099 |
| Long-term marketable securities | - | - | 0 | 0 |
| Property and equipment, net | 33,982 | 36,418 | 35,761 | 34,860 |
| Deferred costs | 13,606 | 14,855 | 15,501 | 16,183 |
| Operating lease right of use assets | 13,876 | 15,135 | 16,762 | 17,377 |
| Goodwill | 296,864 | 299,037 | 299,003 | 299,064 |
| Deferred tax assets | 37,238 | 32,786 | 54,207 | 59,098 |
| Other assets | 17,081 | 17,672 | 18,600 | 20,122 |
| Total assets | 616,951 | 602,043 | 630,591 | 636,803 |
| Short-term debt | - | - | 0 | 0 |
| Accounts payable | 7,519 | 4,859 | 901 | 5,544 |
| Deferred revenue | 57,223 | 52,438 | 51,865 | 53,249 |
| Short-term operating lease liabilities | 4,104 | 4,471 | 4,344 | 4,158 |
| Accrued expenses and other current liabilities | 38,480 | 37,471 | 44,080 | 44,615 |
| Total current liabilities | 107,326 | 99,239 | 101,190 | 107,566 |
| Long-term debt | 172,686 | 171,924 | 199,693 | 198,823 |
| Deferred revenue, net of current portion | 141,335 | 141,905 | 140,021 | 132,742 |
| Long-term operating lease liabilities | 10,731 | 11,977 | 13,083 | 13,847 |
| Other liabilities | 26,328 | 26,557 | 25,928 | 28,152 |
| Total liabilities | 458,406 | 451,602 | 479,915 | 481,130 |
| Common stock, 0.01 par value, 560,000 shares authorized 45,170 and 43,374 shares issued and outstanding as of march31, 2026 and september30, 2025, respectively | 451 | 450 | 434 | 433 |
| Accumulated other comprehensive loss | -26,641 | -25,768 | -25,469 | -26,034 |
| Additional paid-in capital | 1,128,755 | 1,121,452 | 1,116,165 | 1,108,367 |
| Accumulated deficit | -944,020 | -945,693 | -940,454 | -927,093 |
| Total stockholders' equity | 158,545 | 150,441 | 150,676 | 155,673 |
| Total liabilities and stockholders' equity | 616,951 | 602,043 | 630,591 | 636,803 |
Cerence Inc. (CRNC)
Cerence Inc. (CRNC)