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Companies / Technology / Cerence Inc.
CRNC

Cerence Inc.

TechnologyPrepackaged Software
Ticker CRNCBURLINGTON, MAFiscal year ends SeptemberBook value per share $3.69Diluted shares 45.1M

Cerence Inc. (NASDAQ: CRNC) is a leading provider of conversational and agentic artificial intelligence solutions for the automotive industry and beyond. The company builds voice-powered interfaces and virtual assistants that enable original equipment manufacturers and tier-one suppliers to deliver customized, branded… From the company’s description.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$251.78M
−24.0% year over year
Last 12 mo $309.49M
-0.91%
+174 percentage points
Last 12 mo 8.72%
$-18.71M
+96.8% year over year
Last 12 mo $-15.39M
-9.97%
−29.3 percentage points
Last 12 mo -9.25%
Cash & financing
$61.17M
+255.7% year over year
Last 12 mo $84.71M
$46.82M
+283.7% year over year
Last 12 mo $78.64M
1.33
Was 2.00× a year earlier
Last 12 mo 1.04
43.2M
+3.7% year over year
Last 12 mo 45.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cerence Inc. does

In the company’s own words

Cerence Inc. (NASDAQ: CRNC) is a leading provider of conversational and agentic artificial intelligence solutions for the automotive industry and beyond. The company builds voice-powered interfaces and virtual assistants that enable original equipment manufacturers and tier-one suppliers to deliver customized, branded in-car experiences. Cerence's website is www.cerence.com.

The company operates through a hybrid edge-to-cloud software architecture that combines embedded components installed in vehicle head units with cloud-connected services accessible over networks. This approach enables low-latency performance and reliability while providing flexibility and advanced capabilities through cloud connectivity. Cerence's core technology portfolio includes conversational and generative AI platforms such as Cerence xUI and Cerence Assistant, along with audio and communications AI solutions for speech enhancement and acoustic event detection. The company supports over seventy languages and dialects globally.

Cerence generates revenue primarily through software licenses sold on a per-vehicle basis and cloud-connected services, supplemented by professional services revenue from design, development, deployment, and maintenance engagements throughout the vehicle lifecycle. The company has shipped its solutions in more than 525 million automobiles to date, with approximately 52 percent of all cars shipped during fiscal year 2025 incorporating Cerence technologies. The company's customer base includes nearly all major global automakers such as BMW, Mercedes-Benz, Volkswagen Group, Stellantis, Toyota, Ford, and General Motors, as well as leading tier-one suppliers including HARMAN, Bosch, Continental, and Aptiv.

As of September 30, 2025, Cerence employed approximately 1,300 full-time employees, with roughly 700 in research and development and 300 in professional services. Approximately 93 percent of employees are based outside the United States. The company maintains technical engineering centers across major global regions. Revenue is geographically diverse, with approximately 16 percent from the Americas, 42 percent from Europe, and 42 percent from Asia during fiscal year 2025.

Cerence was spun off from Nuance Communications on October 1, 2019, and began trading on the Nasdaq Global Select Market on October 2, 2019.

Company details
Sector
Technology
Industry
Prepackaged Software
Headquarters
BURLINGTON, MA
Fiscal year end
September
CIK
1768267
SIC
7372

Financial performance, year by year

Fiscal 2020–2025 · USD
$-685.60M$-393.03M$-100.45M$192.13M$484.71M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cerence Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

194
funds hold it
0 of 35
superinvestors hold it
$150.31M
held by funds, at market
30.2%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Cerence Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
Nuveen Quant Small Cap Equity Fund
TISEX · TIAA-CREF Funds
0.15%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Cerence Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Cerence Inc.’s debt, $17.84M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.50%, maturing 2028 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Cerence Inc. and its peers compare on margins and cash generation over ten years?”
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