Cerence Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
CRNC$8.61-0.2%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows for the and
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Six Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(3,566) | $(2,632) |
| Adjustments to reconcile net loss to net cash provided by operations: | ||
| Depreciation and amortization | 4,975 | 5,793 |
| Provision for credit loss reserve | (10) | 208 |
| Stock-based compensation | 12,100 | 13,702 |
| Non-cash interest expense | 1,644 | 3,348 |
| Gain on debt extinguishment | (1,051) | (327) |
| Deferred tax provision (benefit) | 17,160 | (4,271) |
| Unrealized foreign currency transaction losses | 302 | 345 |
| Other, net | 598 | (33) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (9,149) | (8,029) |
| Prepaid expenses and other assets | 16,887 | 25,250 |
| Deferred costs | 1,544 | 2,041 |
| Accounts payable | 6,489 | 2,492 |
| Accrued expenses and other liabilities | (5,456) | (23,532) |
| Deferred revenue | 9,534 | 10,365 |
| Net cash provided by operating activities | 52,001 | 24,720 |
| Cash flows from investing activities: | ||
| Capital expenditures | (2,731) | (3,703) |
| Sale and maturities of marketable securities | 3,425 | 3,493 |
| Other investing activities | (816) | (716) |
| Net cash used in investing activities | (122) | (926) |
| Cash flows from financing activities: | ||
| Principal payments of long-term debt | (27,600) | — |
| Principal payments of short-term debt | — | (26,964) |
| Common stock repurchases for tax withholdings for net settlement of equity awards | (7,554) | (2,171) |
| Principal payment of lease liabilities arising from a finance lease | (12) | (229) |
| Proceeds from the issuance of common stock | 8,061 | 2,175 |
| Net cash used in financing activities | (27,105) | (27,189) |
| Effects of exchange rate changes on cash and cash equivalents | (531) | (722) |
| Net change in cash and cash equivalents | 24,243 | (4,117) |
| Cash and cash equivalents at beginning of period | 84,017 | 121,485 |
| Cash and cash equivalents at end of period | $108,260 | $117,368 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for income taxes | $9,333 | $3,105 |
| Cash paid for interest | $1,575 | $3,077 |
| Supplemental cash flow disclosures from non-cash investing activities: | ||
| Fixed asset additions included in accounts payable and other current liabilities | $78 | $— |
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