Cerence Q2 FY26 net income turns to profit at $1.7 million; revenue falls to $64.2 million

Cerence Inc.

Cerence Inc.

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  • Cerence posted Q2 fiscal 2026 revenue of USD 64.2 million, down from USD 78 million a year earlier, while net income fell to USD 1.7 million from USD 21.7 million.
  • Adjusted EBITDA slid to USD 7.2 million from USD 29.5 million, while operating cash flow eased to USD 14.1 million from USD 15.5 million.
  • Free cash flow edged up to USD 13.6 million from USD 13.1 million, with management citing stable core performance and an improving revenue mix, including growth in recurring Connected Services and steady Variable License revenue.
  • Vehicles powered by Cerence xUI started production, with adoption expanding across Audio AI and generative AI solutions with global OEMs.
  • Full-year revenue outlook was raised to USD 305 million-USD 320 million, with adjusted EBITDA seen at USD 60 million-USD 70 million.


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