Cerence Inc. (CRNC) Stock
Cerence stock price chart
CRNC stock quote & key statistics
Cerence annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $251.8M | -$18.7M | $0.60 |
| FY2024 | $331.5M | -$588.1M | $1.15 |
| FY2023 | $294.5M | -$56.3M | $0.37 |
| FY2022 | $327.9M | -$310.8M | $1.21 |
| FY2021 | $387.2M | $45.9M | $2.56 |
Fiscal year ending September 30. Source: company filings via EODHD.
About Cerence Inc.
Cerence Inc. specializes in delivering AI-powered virtual assistants tailored specifically for the global mobility and transportation market. The company offers a comprehensive suite of solutions that enhance user experience and operational efficiency across various platforms. These include edge software components, cloud-connected components, toolkits, and applications designed to integrate seamlessly into vehicles and connected devices.
Central to Cerence's offerings are conversational artificial intelligence-based solutions, which encompass advanced technologies such as speech recognition, natural language understanding, speech signal enhancement, text-to-speech capabilities, and acoustic modeling. These technologies enable intuitive and responsive interactions between users and virtual assistants, enhancing safety and convenience in automotive and mobility applications.
In addition to its robust product portfolio, Cerence provides virtual assistant coexistence solutions and professional services to optimize the deployment and performance of AI-driven technologies. These services cater to automotive manufacturers, technology integrators, and transportation service providers seeking to leverage cutting-edge AI capabilities to differentiate their offerings and improve customer satisfaction.
Headquartered in Burlington, Massachusetts, Cerence Inc. operates globally, serving a diverse clientele in the mobility and transportation sectors. With a commitment to innovation and customer-centric solutions, Cerence continues to lead the industry in advancing AI technology applications for enhanced mobility experiences.
Cerence stock FAQ
What is the Cerence stock ticker symbol?
Cerence Inc. trades on the NASDAQ under the ticker symbol CRNC.
What sector and industry is Cerence in?
Cerence Inc. is classified in the Technology sector, Software - Application industry.
How many employees does Cerence have?
Cerence Inc. has about 1,300 full-time employees.
What were Cerence's revenue and earnings last fiscal year?
Cerence reported revenue of $251.8M and net income of -$18.7M in fiscal 2025, with earnings per share of $0.60. Revenue declined 24.0% from the prior year.
Is Cerence in the Russell 2000?
Yes. Cerence Inc. (CRNC) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.
When did Cerence go public?
Cerence stock began trading on October 2, 2019.
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