← Cerence Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | — | $136.1m | $128.4m | $94.8m | $101.2m | $121.5m | $84.0m | |
| Accounts receivable, net of allowances of $68 and $1,614 at September 30, 2025 and September 30, 2024, respectively | $65.8m | $49.9m | $45.6m | $45.1m | $61.3m | $62.8m | $58.9m | |
| Prepaid expenses and other current assets | $17.3m | $44.2m | $76.5m | $60.2m | $47.2m | $70.5m | $39.9m | |
| Total current assets | $92.3m | $249.1m | $287.0m | $227.5m | $225.7m | $265.5m | $190.8m | |
| Property and equipment, net | $20.1m | $29.5m | $31.5m | $37.7m | $34.0m | $30.1m | $35.8m | |
| Goodwill | $1.1b | $1.1b | $1.1b | $890.8m | $900.3m | $296.9m | $299.0m | |
| Intangible assets, net | $65.6m | $45.6m | $25.3m | $9.7m | $3.9m | $1.7m | $0 | |
| Operating lease right of use assets | — | $20.1m | $14.9m | $14.7m | $12.0m | $12.9m | $16.8m | |
| Other assets | $3.4m | $14.9m | $20.1m | $52.0m | $44.2m | $22.4m | $18.6m | |
| Marketable securities | — | $11.7m | $30.4m | $20.3m | $9.2m | $5.5m | $3.4m | |
| Deferred costs | $32.4m | $38.2m | $31.7m | $22.5m | $20.3m | $18.1m | $15.5m | |
| Long-term marketable securities | — | — | $7.3m | $11.6m | $10.6m | $3.5m | $0 | |
| Deferred tax assets | $150.6m | $161.8m | $159.3m | $52.0m | $46.6m | $51.4m | $54.2m | |
| Deferred revenue | $88.2m | $112.5m | $78.4m | $72.7m | $77.1m | $52.8m | $51.9m | |
| Short-term operating lease liabilities | — | $5.7m | $4.6m | $5.1m | $5.4m | $4.5m | $4.3m | |
| Accrued expenses and other current liabilities | $24.2m | $67.9m | $64.5m | $48.0m | $48.7m | $68.4m | $44.1m | |
| Long-term operating lease liabilities | — | $17.8m | $12.2m | $11.4m | $7.9m | $8.8m | $13.1m | |
| Other liabilities | $21.5m | $31.6m | $32.8m | $21.7m | $25.2m | $26.5m | $25.9m | |
| Total assets | $1.5b | $1.7b | $1.7b | $1.3b | $1.3b | $702.4m | $630.6m | |
| Total liabilities and stockholders' equity | $1.5b | $1.7b | $1.7b | $1.3b | $1.3b | $702.4m | $630.6m | |
| Accounts payable | $16.7m | $8.4m | $11.6m | $10.4m | $16.9m | $4.0m | $901k | |
| Short-term debt | — | $6.2m | $6.2m | $10.9m | — | $87.1m | $0 | |
| Deferred revenue, net of current portion | $265.1m | $212.6m | $198.3m | $166.0m | $145.5m | $114.4m | $140.0m | |
| Total current liabilities | $129.1m | $200.8m | $165.3m | $147.0m | $148.1m | $216.8m | $101.2m | |
| Long-term debt, net of discounts and issuance costs | — | $266.9m | $265.1m | $259.4m | $276.0m | $194.8m | $199.7m | |
| Total liabilities | $415.7m | $729.7m | $673.8m | $605.5m | $602.7m | $561.3m | $479.9m | |
| Common stock, $0.01 par value, 560,000 shares authorized as of September 30, 2025; 43,374 and 41,924 shares issued and outstanding as of September 30, 2025 and September 30, 2024, respectively | — | 369k | 381k | 394k | 404k | 419k | 434k | |
| Accumulated other comprehensive loss | ($29.0m) | $3.7m | $1.6m | ($33.7m) | ($28.0m) | ($25.9m) | ($25.5m) | |
| Additional paid-in capital | — | $974.3m | $1.0b | $1.0b | $1.1b | $1.1b | $1.1b | |
| Accumulated deficit | — | ($20.6m) | $27.6m | ($283.2m) | ($333.7m) | ($921.7m) | ($940.5m) | |
| Total stockholders' equity | $1.1b | $957.8m | $1.0b | $713.0m | $694.9m | $141.1m | $150.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.