Cerence Inc. income statement

In fiscal 2025, Cerence Inc. reported revenue of $252m, down 24.0% on the year before, operating income of −$2.3m (a -0.9% margin) and net income of −$18.7m, or −$0.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cerence Inc.: income statement, annual
Fiscal year	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Revenue	277	303	331	387	328	294	332	252	309
Cost of revenue	83	99	108	101	97	95	87	69	66
Gross profit	194	204	223	286	231	199	244	183	244
Research and development	81	93	89	112	107	123	122	98	111
Selling and marketing	31	36	33	39	31	28	22	22	24
General and administrative	20	26	49	57	43	58	52	49	72
Operating income	37	11	22	61	−184	−27	−580	−2	27
Interest expense	—	—	23	14	14	15	13	10	6
Income before tax	37	11	−23	48	−199	−36	−585	−9	23
Income tax	31	−89	−5	2	112	20	3	10	39
Net income	6	100	−18	46	−311	−56	−588	−19	−15
Diluted EPS	$0.16	$2.76	−$0.50	$1.17	−$7.93	−$1.40	−$14.12	−$0.43	−$0.35
Diluted shares (average)	36m	36m	36m	39m	39m	40m	42m	43m	44m
EBITDA	63	40	52	90	−160	−11	−569	8	37

US$ millions unless shown otherwise. Fiscal quarters.

Cerence Inc.: income statement, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Revenue	55	51	78	62	61	115	64	70
Cost of revenue	20	18	18	16	17	16	17	17
Gross profit	35	33	60	46	44	99	47	53
Research and development	25	21	23	27	26	25	30	29
Selling and marketing	5	5	5	6	6	6	7	6
General and administrative	13	13	11	12	12	32	13	15
Operating income	−19	−17	17	−1	−2	29	−2	2
Interest expense	3	3	3	2	2	2	1	1
Income before tax	−20	−19	16	−1	−5	30	−3	2
Income tax	0	6	−6	2	8	35	−5	0
Net income	−20	−24	22	−3	−13	−5	2	2
Diluted EPS	−$0.46	−$0.57	$0.46	−$0.06	−$0.31	−$0.12	$0.04	$0.03
EBITDA	−17	−14	21	2	0	31	0	5

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Cerence Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cerence Inc.