Cerence Inc. (CRNC)

10.78 0.13 (1.25%)

As of 2025-12-02 08:29:33 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.2025-12-02 08:29:3310.780.131.25
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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.com340,000,00043,374,00044,938,757Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.2025-11-27 17:54:56
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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
2025340,000,000-311,000,000-47.772744,938,7572,110,9684.929
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
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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
20251,300
20241,400
20231,700
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Income Statements
Fiscal Year202520242023
Revenue251,781,000331,504,000294,475,000
Cost Of Revenue68,645,00087,232,00095,163,000
Gross Profit183,136,000244,272,000199,312,000
Research And Development Expenses97,756,000121,563,000123,333,000
General And Administrative Expenses48,770,00052,468,00057,903,000
Operating Expenses185,427,000824,208,000226,511,000
Operating Income-2,291,000-579,936,000-27,199,000
Net Income-18,714,000-588,078,000-56,254,000
Earnings Per Share Basic-0.43-14.12-1.4
Earnings Per Share Diluted-0.43-14.12-1.4
Weighted Average Shares Outstanding Basic43,180,00041,642,00040,215,000
Weighted Average Shares Outstanding Diluted43,180,00041,642,00040,215,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents———
Marketable Securities Current3,433,0005,502,0009,211,000
Accounts Receivable58,937,00062,755,00061,270,000
Inventories1,100,0001,000,000—
Non Trade Receivables———
Other Assets Current———
Total Assets Current190,757,000265,509,000225,727,000
Marketable Securities Non Current03,453,00010,607,000
Property Plant And Equipment———
Other Assets Non Current18,600,00022,365,00044,165,000
Total Assets Non Current439,834,000436,849,0001,071,863,000
Total Assets630,591,000702,358,0001,297,590,000
Accounts Payable901,0003,959,00016,873,000
Deferred Revenue51,865,00052,822,00077,068,000
Short Term Debt087,094,000—
Other Liabilities Current———
Total Liabilities Current101,190,000216,808,000148,093,000
Long Term Debt199,693,000281,906,000275,951,000
Other Liabilities Non Current25,928,00026,484,00025,193,000
Total Liabilities Non Current378,725,000344,453,000454,622,000
Total Liabilities479,915,000561,261,000602,715,000
Common Stock434,000419,000404,000
Retained Earnings-940,454,000-921,740,000-333,662,000
Accumulated Other Comprehensive Income-25,469,000-25,912,000-27,966,000
Total Shareholders Equity150,676,000141,097,000694,875,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization3,000,0002,700,0004,000,000
Share Based Compensation Expense27,351,00023,673,00040,766,000
Other Non Cash Income Expense———
Change In Accounts Receivable1,398,000-11,760,00016,964,000
Change In Inventories———
Change In Non Trade Receivables———
Change In Other Assets———
Change In Accounts Payable-3,150,000-12,555,0005,774,000
Change In Other Liabilities———
Cash From Operating Activities61,173,00017,196,0007,498,000
Purchases Of Marketable Securities0—18,025,000
Sales Of Marketable Securities5,512,00011,112,00030,324,000
Acquisition Of Property Plant And Equipment14,356,0004,996,0005,124,000
Acquisition Of Business———
Other Investing Activities1,710,0001,737,0001,355,000
Cash From Investing Activities-10,554,0004,379,0005,820,000
Tax Withholding For Share Based Compensation—9,900,0004,900,000
Payments Of Dividends———
Issuance Of Common Stock2,879,00010,901,0005,625,000
Repurchase Of Common Stock2,380,0009,865,0004,894,000
Issuance Of Long Term Debt0—210,000,000
Repayment Of Long Term Debt0—198,438,000
Other Financing Activities———
Cash From Financing Activities-87,001,000225,000-5,334,000
Change In Cash-37,468,00020,331,0006,307,000
Cash At End Of Period———
Income Taxes Paid6,706,00010,180,00011,185,000
Interest Paid5,555,0006,028,00011,570,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-0.43-14.12-1.4
Price To Earnings Ratio-28.9767-0.2231-14.55
Earnings Growth Rate-96.9547908.5714-82.3455
Price Earnings To Growth Ratio0.2989-0.00020.1767
Book Value Per Share3.48953.388317.279
Price To Book Ratio3.57070.92971.1789
Ebitda1,215,000-562,645,000-26,300,000
Enterprise Value———
Dividend Yield———
Dividend Payout Ratio———
Debt To Equity Ratio1.32532.61520.3971
Capital Expenditures———
Free Cash Flow———
Return On Equity-0.1242-4.1679-0.081
One Year Beta2.87762.32711.6771
Three Year Beta2.33741.74291.7125
Five Year Beta2.0621.44721.3941
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Schanz NilsEVP Product & Technology2025-11-2149,905A254,886
Mentz ChristianEVP, Chief Revenue Officer2025-11-2149,905A161,780
Rodriquez AntonioCFO2025-11-21166,821A443,552
Salinas JenniferEVP Chief Admin Officer2025-11-21242,044A588,333
Krzanich Brian MDirector, Chief Executive Officer2025-11-21552,766A1,458,753
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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
Strategic Advocates LLC2025-09-3025212.5
JPMORGAN CHASE & CO2025-09-301,568,021125,84412.46
TD Capital Management LLC2025-09-307355912.4576
Asset Dedication, LLC2025-09-306,49252112.4607
Advisory Services Network, LLC2025-09-3012,4721,00112.4595
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
RYDEX SERIES FUNDS2025-09-30Class CRYCMX56697.760.0104
RYDEX SERIES FUNDS2025-09-30Class ARYAKX56697.760.0104
RYDEX SERIES FUNDS2025-09-30Class HRYMKX56697.760.0104
RYDEX SERIES FUNDS2025-09-30Class HRYRHX941,171.240.0095
RYDEX SERIES FUNDS2025-09-30Class CRYROX941,171.240.0095
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