Cerence FY26 Q3 GAAP net income swings to $1.5 million; revenue rises 12% to $69.6 million

Reuters2026/08/06 20:58

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Cerence posted Q3 fiscal 2026 revenue of USD 69.6 million, up 12% year over year; GAAP net income swung to USD 1.5 million.
GAAP gross margin rose 2.3 percentage points to 76%; non-GAAP adjusted EBITDA climbed 50% to USD 13.5 million.
Operating cash flow was USD 20 million, with free cash flow of USD 19.6 million, up more than 20% year over year.
Connected Services revenue increased more than 20% year over year; management cited fixed license contract timing as a revenue driver.
Board authorized a first-ever USD 30 million share repurchase program; Q4 revenue outlook is USD 61 million to USD 65 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cerence Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cerence FY26 Q3 GAAP net income swings to $1.5 million; revenue rises 12% to $69.6 million

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