Cerence develops AI-powered virtual assistants and conversational software designed for the automotive and broader mobility sector. The company's core offerings include edge and cloud-connected software components, with capabilities spanning speech recognition, natural language understanding, text-to-speech synthesis, and acoustic tuning. Its technology platform incorporates both conversational and generative AI solutions, including a proprietary large language model called CaLLM Edge developed in partnership with Arm Kleidi and SiMa.ai to optimize performance on edge computing devices.
The company serves original equipment manufacturers and mobility providers across North America, Europe, the Middle East, Africa, and Asia-Pacific regions. Cerence generates revenue through software licensing, cloud services, and professional services related to implementation and customization of its platforms. The company operates with approximately 1,300 full-time employees and maintains its headquarters in Burlington, Massachusetts, following its incorporation in Delaware in 2020.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.43 | $-0.43 | +97.0% | |
| 2024 | $-14.12 | $-14.12 | -908.6% | |
| 2023 | $-1.40 | $-1.40 | +82.3% | |
| 2022 | $-7.93 | $-7.93 | -777.8% | |
| 2021 | $1.17 | $1.22 | +588.2% | |
| 2020 | $0.17 | $0.19 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-09-30 | 2025-11-20 | 0001628280-25-053372 | SEC ↗ |
| 2024-09-30 | 2024-11-25 | 0000950170-24-130642 | SEC ↗ |
| 2023-09-30 | 2023-11-29 | 0000950170-23-066654 | SEC ↗ |
| 2022-09-30 | 2022-11-29 | 0000950170-22-025785 | SEC ↗ |
| 2021-09-30 | 2021-11-23 | 0001564590-21-057931 | SEC ↗ |
| 2020-09-30 | 2020-11-19 | 0001564590-20-054595 | SEC ↗ |
| 2019-09-30 | 2019-12-19 | 0001564590-19-046399 | SEC ↗ |