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Annual · values20252024202320222021202020192018
Gross Margin72.74%73.69%67.68%70.37%73.89%67.28%67.25%70.05%
Operating Margin-0.91%-174.94%-9.24%-56.22%15.65%5.86%3.58%13.30%
EBITDA Margin3.28%-171.73%-3.79%-48.92%23.31%14.98%13.09%22.61%
Net Margin-7.43%-177.40%-19.10%-94.80%11.85%-6.26%33.06%2.12%
Current Ratio1.891.221.521.551.741.240.72
Quick Ratio1.871.221.521.551.741.240.72
Debt / Equity1.332.000.400.380.260.29
ROE-12.42%-416.79%-8.10%-43.60%4.45%-2.15%9.39%
ROA-2.97%-83.73%-4.34%-23.57%2.69%-1.22%6.76%
Asset Turnover0.400.470.230.250.230.200.20
Book Value / Share3.493.3917.2818.1926.2726.2929.35

Cerence Inc. is a software company focused on conversational artificial intelligence for the mobility and transportation market. Cerence develops voice-enabled and multimodal AI solutions that help drivers and passengers interact with vehicles through natural language, hands-free controls, and personalized digital assistants. Its offerings include core AI technologies, embedded automotive software, cloud-connected services, and professional services for automakers and tier 1 suppliers. The company serves global automobile manufacturers and adjacent transportation and technology partners, supporting in-car experiences across infotainment, navigation, communication, and vehicle access functions. Headquartered in Burlington, Massachusetts, Cerence Inc. plays a specialized role in the automotive software ecosystem by supplying human-machine interface tools that make vehicles more connected, intuitive, and responsive.