8.63
+5.89%
Close of 9 Nov 2026, in USD
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About Cerence
From its filings with the US Securities and Exchange Commission
Cerence is based in Burlington, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CRNC. The SEC classifies its business as prepackaged software. In the fiscal year to 30 September 2025, it reported revenue of $251.8m and a net loss of $18.7m. At that date it held total assets of $630.6m and shareholders' equity of $150.7m. By business, License brought in 55.9% of revenue, followed by Professional services at 23.0% and Connected services at 21.2%. By region, Germany accounted for 31.5%, followed by Other Asia-Pacific at 27.0% and United States at 15.4%.
Cerence builds conversational and agentic AI solutions that make interaction with technology feel effortless. With decades of expertise in voice, AI, and edge-to-cloud engineering, we’re trusted by many of the world’s leading automakers, transportation OEMs, consumer brands, and technology companies to build voice powered-interfaces that shape the user experiences of today and tomorrow. While the majority of our business is in the automotive market, our solutions can be leveraged across other areas of transportation - two-wheeled vehicles, trucks, and more - as well as outside of automotive - televisions, smart watches, voice-powered kiosks, and more.
Our automotive customers include nearly all major automobile original equipment manufacturers (OEMs) worldwide, including BMW, Mercedes-Benz, the Volkswagen Group (Volkswagen, Audi, Porsche, and other brands), Stellantis, Renault, Toyota, Ford, General Motors, BYD, Great Wall Motor, and NIO. We also partner with leading tier-one suppliers including HARMAN, EcarX, Bosch, Continental, Denso Ten, Aptiv, and others. We deliver our solutions on a white-label basis, enabling our customers to deliver highly customized virtual assistants with unique, branded personalities that strengthen the bond between their brands and end users.
Quoted from its 10-K, filed 20 Nov 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 16 Sept 2019
- Employees
- 1,300
- Website
- cerence.com ↗
- Head office
- 1500 DISTRICT AVENUE, BURLINGTON, MA
- Incorporated in
- DE
- Classification
- Services-Prepackaged Software
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Arun SarinIndependent Chairman of the Board$303,298
- Mr. Brian KrzanichPresident, Chief Executive Officer, Director, since 2024
- Mr. Antonio RodriquezChief Financial Officer, Executive Vice President$283,500
- Ms. Jennifer SalinasExecutive Vice President, Chief Administrative Officer, General Counsel$1.1m
- Mr. Nils SchanzExecutive Vice President - Product and Technology$3.0m
- Ms. Marianne BudnikIndependent Director$216,686
- Mr. Douglas DavisIndependent Director$214,992
- Ms. Marcy KlevornIndependent Director$214,992
- Ms. Kristi MatusIndependent Director$229,992
- Mr. Alfred NietzelIndependent Director$227,492
- Mr. Marion HarrisNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 49
- Environment
- 58
- Social
- 61
- Governance
- 27
- Women in the workforce
- 26.7%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Leading provider of voice and AI solutions for automotive industry.
- Strong technological expertise in natural language processing and voice recognition software.
- Extensive experience in developing intelligent virtual assistants for cars.
Weaknesses
- Reliance on a limited number of clients from the automotive industry, making it vulnerable to market fluctuations.
- High R&D costs and continuous need for innovation to stay competitive.
- Lack of diversification across industries, limiting growth opportunities.
Opportunities
- Growing demand for voice-enabled technology in cars and other industries.
- Expansion into new geographic markets with untapped potential.
- Collaboration opportunities with major automakers looking to enhance their smart vehicle offerings.
Threats
- Intense competition from other voice and AI solution providers in the automotive sector.
- Potential disruption caused by breakthrough technologies, such as autonomous vehicles.
- Economic downturns affecting the automotive industry, leading to reduced demand for voice-enabled technology.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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