earnings
confidence high
sentiment positive
materiality 0.85
Cerence Reports Strong Q1 FY26 Results with Record Free Cash Flow and Adjusted EBITDA Above Guidance
Cerence Inc.
2026-Q1 EPS reported
-$0.12
revenue$115,076,000
- Q1 FY26 revenue was $115.1M, including a $49.5M patent license payment; GAAP net loss was $5.2M.
- Free cash flow reached a quarterly record of $35.6M, driven by net cash provided by operating activities of $37.9M.
- Adjusted EBITDA of $44.6M exceeded the high end of guidance; full-year fiscal 2026 guidance reaffirmed.
- Five Cerence xUI customer programs are in progress with major automakers; first xUI-powered cars expected in 2026.