Cerence Inc. (CRNC) Stock Falls on Q1 2026 Earnings

By: Quiver EarningsTracker

Posted: 3 months ago / Feb. 4, 2026 10:09 p.m. UTC

CRNC

Cerence Inc. (CRNC) reported first-quarter 2026 revenue of $115.1 million, up 126.1% year over year, and gross profit of $99.4 million, a 200.4% increase versus the prior year.

Revenue: $115.1 million (+126.1% YoY)

Gross profit: $99.4 million (+200.4% YoY)

Operating profit: $29.3 million (-273.1% YoY)

Net income attributable to common shareholders: -$5.2 million (-78.4% YoY)

Diluted EPS: -$0.12 (-79.0% YoY)

Cash from operating activities: $37.9 million (+309.5% YoY)

Purchases of property, plant and equipment: -$2.2 million (+65.4% YoY)

Cash and cash equivalents: $92.1 million (-11.5% YoY)

Total liabilities: $451.6 million (-9.1% YoY)

Revenue vs. estimate: actual $115.1 million vs. estimate $116.8 million

EPS vs. estimate: actual -$0.12 vs. estimate $0.32

Stock moved -19.11% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Cerence Inc. Insider Trading Activity

Cerence Inc. insiders have traded $CRNC stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $CRNC stock by insiders over the last 6 months:

JENNIFER SALINAS (EVP Chief Admin Officer) has made 0 purchases and 2 sales selling 142,778 shares for an estimated $1,786,746.
BRIAN M KRZANICH (Chief Executive Officer) sold 132,075 shares for an estimated $1,513,381
ANTONIO RODRIQUEZ (CFO) sold 38,347 shares for an estimated $489,204
CHRISTIAN MENTZ (EVP, Chief Revenue Officer) has made 0 purchases and 2 sales selling 30,872 shares for an estimated $393,757.
NILS SCHANZ (EVP Product & Technology) sold 30,560 shares for an estimated $389,863

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Cerence Inc. Hedge Fund Activity

We have seen 95 institutional investors add shares of Cerence Inc. stock to their portfolio, and 91 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MILLENNIUM MANAGEMENT LLC removed 759,770 shares (-91.9%) from their portfolio in Q3 2025, for an estimated $9,466,734
TWO SIGMA INVESTMENTS, LP added 659,029 shares (+457.8%) to their portfolio in Q3 2025, for an estimated $8,211,501
NO STREET GP LP removed 600,000 shares (-37.5%) from their portfolio in Q3 2025, for an estimated $7,476,000
ONE FIN CAPITAL MANAGEMENT LP added 470,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $5,856,200
TREXQUANT INVESTMENT LP removed 416,832 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $5,193,726
D. E. SHAW & CO., INC. removed 379,661 shares (-79.9%) from their portfolio in Q3 2025, for an estimated $4,730,576
ACADIAN ASSET MANAGEMENT LLC removed 367,252 shares (-46.4%) from their portfolio in Q3 2025, for an estimated $4,575,959

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.