Cerence Inc. (CRNC)

11.02 0.13 (1.2%)

As of 2025-10-30 18:59:29 EST

Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.

Traded asNasdaq: CRNC
ISINUS1567271093
CIK0001768267
LEI5493002WL2W5WMS89568
EIN834719946
SectorArtificial intelligence
IndustryServices-Prepackaged Software
CEOBrian Krzanich
Employees1,400
Fiscal Year End0930
Address25 MALL ROAD, SUITE 416, BURLINGTON, MA, 01803
Phone617-580-0843
Websitehttp://cerence.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
CRNCCerence Inc.2025-10-30 18:59:2911.020.131.2
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
CRNC0001768267Cerence Inc.US15672710935493002WL2W5WMS89568834719946Nasdaq7372Services-Prepackaged Software0930DE25 MALL ROAD, SUITE 416BURLINGTONMA01803UNITED STATESUS617-580-084325 MALL ROAD, SUITE 416, BURLINGTON, MA, 0180325 MALL ROAD, SUITE 416, BURLINGTON, MA, 01803Cerence LLCArtificial intelligence2019Brian Krzanich1,400http://cerence.com651,000,00043,264,00043,319,651Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.2025-10-30 15:07:02
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CRNC Stock Price (End-of-Day)
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CRNC Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024651,000,000-449,000,000-40.818242,827,7891,692,1694.1136
20231,100,000,000-300,000,000-21.428641,135,6201,193,4462.9879
20221,400,000,000-2,000,000,000-58.823539,942,1741,404,1243.6435
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Iqbal ArshadEVP, Chief Technology Officer2023213,46204,813,441361,6504,7745,393,327
Prateek KathpalEVP, Chief Technology Officer2023300,00007,840,7660332,7958,473,561
Dr. Stefan OrtmannsChief Executive Officer, President2023580,191013,256,602573,18328,75714,438,733
Thomas BeaudoinChief Financial Officer2023486,87505,523,571360,74520,4556,391,646
Mark GallenbergerChief Financial Officer2022186,35702,168,838015,5812,370,776
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Employee Count
Fiscal YearEmployee Count
20241,400
20231,700
20221,700
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Income Statements
Fiscal Year202420232022
Revenue331,504,000294,475,000327,891,000
Cost Of Revenue87,232,00095,163,00097,168,000
Gross Profit244,272,000199,312,000230,723,000
Research And Development Expenses121,563,000123,333,000107,116,000
General And Administrative Expenses52,468,00057,903,00042,653,000
Operating Expenses824,208,000226,511,000415,068,000
Operating Income-579,936,000-27,199,000-184,345,000
Net Income-588,078,000-56,254,000-310,826,000
Earnings Per Share Basic-14.12-1.4-7.93
Earnings Per Share Diluted-14.12-1.4-7.93
Weighted Average Shares Outstanding Basic41,642,00040,215,00039,187,000
Weighted Average Shares Outstanding Diluted41,642,00040,215,00039,187,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents———
Marketable Securities Current5,502,0009,211,00020,317,000
Accounts Receivable62,755,00061,270,00045,073,000
Inventories1,000,000——
Non Trade Receivables———
Other Assets Current———
Total Assets Current265,509,000225,727,000227,519,000
Marketable Securities Non Current3,453,00010,607,00011,584,000
Property Plant And Equipment———
Other Assets Non Current22,365,00044,165,00052,039,000
Total Assets Non Current436,849,0001,071,863,0001,090,974,000
Total Assets702,358,0001,297,590,0001,318,493,000
Accounts Payable3,959,00016,873,00010,372,000
Deferred Revenue52,822,00077,068,00072,662,000
Short Term Debt87,094,000—10,938,000
Other Liabilities Current———
Total Liabilities Current216,808,000148,093,000147,033,000
Long Term Debt281,906,000275,951,000270,374,000
Other Liabilities Non Current26,484,00025,193,00021,727,000
Total Liabilities Non Current344,453,000454,622,000458,510,000
Total Liabilities561,261,000602,715,000605,543,000
Common Stock419,000404,000394,000
Retained Earnings-921,740,000-333,662,000-283,249,000
Accumulated Other Comprehensive Income-25,912,000-27,966,000-33,737,000
Total Shareholders Equity141,097,000694,875,000712,950,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization2,700,0004,000,0003,700,000
Share Based Compensation Expense23,673,00040,766,00028,076,000
Other Non Cash Income Expense———
Change In Accounts Receivable-11,760,00016,964,0006,590,000
Change In Inventories———
Change In Non Trade Receivables———
Change In Other Assets———
Change In Accounts Payable-12,555,0005,774,000157,000
Change In Other Liabilities———
Cash From Operating Activities17,196,0007,498,000-2,138,000
Purchases Of Marketable Securities—18,025,00031,757,000
Sales Of Marketable Securities11,112,00030,324,00037,203,000
Acquisition Of Property Plant And Equipment4,996,0005,124,00017,446,000
Acquisition Of Business———
Other Investing Activities1,737,0001,355,000-2,019,000
Cash From Investing Activities4,379,0005,820,000-10,565,000
Tax Withholding For Share Based Compensation9,900,0004,900,00049,000,000
Payments Of Dividends———
Issuance Of Common Stock10,901,0005,625,00036,062,000
Repurchase Of Common Stock9,865,0004,894,00049,003,000
Issuance Of Long Term Debt—210,000,000—
Repayment Of Long Term Debt—198,438,0006,250,000
Other Financing Activities———
Cash From Financing Activities225,000-5,334,000-19,606,000
Change In Cash20,331,0006,307,000-33,581,000
Cash At End Of Period———
Income Taxes Paid10,180,00011,185,00012,273,000
Interest Paid6,028,00011,570,0009,088,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share-14.12-1.4-7.93
Price To Earnings Ratio-0.2231-14.55-1.9861
Earnings Growth Rate908.5714-82.3455-750
Price Earnings To Growth Ratio-0.00020.17670.0026
Book Value Per Share3.388317.27918.1935
Price To Book Ratio0.92971.17890.8657
Ebitda-562,645,000-26,300,000-280,459,000
Enterprise Value———
Dividend Yield———
Dividend Payout Ratio———
Debt To Equity Ratio2.61520.39710.3946
Capital Expenditures———
Free Cash Flow———
Return On Equity-4.1679-0.081-0.436
One Year Beta2.32711.67711.6295
Three Year Beta1.74291.71251.3448
Five Year Beta1.44721.39411.353
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Krzanich Brian MDirector, Chief Executive Officer2025-10-09132,075D905,987
Salinas JenniferEVP Chief Admin Officer2025-10-0777,994D346,289
Schanz NilsEVP Product & Technology2025-10-0630,560D204,981
Mentz ChristianEVP, Chief Revenue Officer2025-10-0626,872D111,875
Rodriquez AntonioCFO2025-10-0638,347D276,731
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Josh Gottheimer2022-09-19NJ05Sale2022-08-15Joint$1,001 - $15,000
Josh Gottheimer2022-09-16NJ05Sale2021-08-15Joint$1,001 - $15,000
Josh Gottheimer2022-05-16NJ05Purchase2022-04-19Joint$1,001 - $15,000
Garret Graves2020-06-29LA06Sale2020-06-29—$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Parkside Financial Bank & Trust2025-09-301,33410712.4673
STRS OHIO2025-09-30223,03417,90012.46
Covestor Ltd2025-09-3032,0002,57012.4514
Olympiad Research LP2025-09-30198,02715,89312.46
Grey Fox Wealth Advisors, LLC2025-09-3012,5851,01012.4604
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Global X Funds2025-08-31Global X Robotics & Artificial Intelligence ETFBOTZ490,3845,163,743.520.181
SEI INSTITUTIONAL INVESTMENTS TRUST2025-08-31SIIT Small Cap II Fund - Class ASECAX10,880114,566.40.047
SEI INSTITUTIONAL INVESTMENTS TRUST2025-08-31SIIT SMALL CAP FUND - CLASS ASLPAX9,938104,647.140.0552
SEI INSTITUTIONAL INVESTMENTS TRUST2025-08-31SIIT Extended Market Index Fund - Class ASMXAX8,51089,610.30.0074
VALIC Co I2025-08-31Small Cap Value FundVVSCX11,458120,652.740.0507
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