For the quarter ending 2026-03-31, CRNC made $64,192K in revenue. $1,673K in net income. Net profit margin of 2.61%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 64,192 | 115,076 | 60,639 | 62,236 |
| Amortization of intangible assets | - | - | 0* | 0 |
| License | 1,606 | 1,323 | 3,719* | 1,074 |
| Connected Services | 5,043 | 4,911 | 7,003* | 4,805 |
| Professional Services | 10,247 | 9,492 | 5,922* | 10,469 |
| Total cost of revenues | 16,896 | 15,726 | 16,644 | 16,348 |
| Gross profit | 47,296 | 99,350 | 43,995 | 45,888 |
| Research and development | 30,298 | 24,701 | 26,403 | 27,152 |
| Goodwill impairment | - | - | 0* | 0 |
| Sales and marketing | 6,519 | 5,557 | 6,203 | 5,916 |
| General and administrative | 12,796 | 31,987 | 12,477 | 12,340 |
| Amortization of intangible assets | 0 | 0 | 0 | 578 |
| Restructuring and other costs, net | 127 | 7,794 | 674* | 850 |
| Total operating expenses | 49,740 | 70,039 | 45,757 | 46,836 |
| (loss) income from operations | -2,444 | 29,311 | -1,762 | -948 |
| Interest income | 655 | 865 | 603 | 895 |
| Interest expense | 1,477 | 1,665 | 1,705 | 2,409 |
| Other income, net | 288 | 1,550 | -2,604 | 1,673 |
| (loss) income before income taxes | -2,978 | 30,061 | -5,468 | -789 |
| (benefit from) provision for income taxes | -4,651 | 35,300 | 7,864 | 1,932 |
| Net income (loss) | 1,673 | -5,239 | -13,361 | -2,721 |
| Basic EPS | 0.04 | -0.12 | -0.308 | -0.06 |
| Diluted EPS | 0.04 | -0.12 | -0.381 | -0.06 |
| Basic Average Shares | 45,095,000 | 44,953,000 | 43,338,000 | 43,262,000 |
| Diluted Average Shares | 46,899,000 | 44,953,000 | 35,031,000 | 43,262,000 |
Cerence Inc. (CRNC)
Cerence Inc. (CRNC)