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Cerence Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cerence and similar public comparables like GrocerIQ, Rackspace, Pinewood Technologies, Ropeok Technology Group and more.
Cerence Overview
About Cerence
Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.
Founded
2019
HQ
Employees
1.3K
Website
Sectors
Financials (LTM)
EV
$485M
Cerence Financials
Cerence reported last 12-month revenue of $286M and EBITDA of $58M.
In the same LTM period, Cerence generated $220M in gross profit, $58M in EBITDA, and had net loss of ($7M).
Revenue (LTM)
Cerence P&L
In the most recent fiscal year, Cerence reported revenue of $252M and EBITDA of $48M.
Cerence expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $286M | XXX | $252M | XXX | XXX | XXX |
| Gross Profit | $220M | XXX | $183M | XXX | XXX | XXX |
| Gross Margin | 77% | XXX | 73% | XXX | XXX | XXX |
| EBITDA | $58M | XXX | $48M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | ($7M) | XXX | ($19M) | XXX | XXX | XXX |
| Net Margin | (2%) | XXX | (7%) | XXX | XXX | XXX |
| Net Debt | — | — | $116M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cerence Stock Performance
Cerence has current market cap of $391M, and enterprise value of $485M.
Market Cap Evolution
Cerence's stock price is $8.68.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $485M | $391M | 0.0% | XXX | XXX | XXX | $-0.42 |
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Start Free TrialCerence Valuation Multiples
Cerence trades at 1.7x EV/Revenue multiple, and 8.4x EV/EBITDA.
EV / Revenue (LTM)
Cerence Financial Valuation Multiples
As of April 19, 2026, Cerence has market cap of $391M and EV of $485M.
Equity research analysts estimate Cerence's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cerence has a P/E ratio of (57.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $391M | XXX | $391M | XXX | XXX | XXX |
| EV (current) | $485M | XXX | $485M | XXX | XXX | XXX |
| EV/Revenue | 1.7x | XXX | 1.9x | XXX | XXX | XXX |
| EV/EBITDA | 8.4x | XXX | 10.1x | XXX | XXX | XXX |
| EV/EBIT | 30.6x | XXX | 36.9x | XXX | XXX | XXX |
| EV/Gross Profit | 2.2x | XXX | 2.6x | XXX | XXX | XXX |
| P/E | (57.0x) | XXX | (20.9x) | XXX | XXX | XXX |
| EV/FCF | 9.2x | XXX | 10.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cerence Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Cerence Margins & Growth Rates
Cerence's revenue in the last 12 month grew by 5%.
Cerence's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Cerence's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cerence's rule of X is 59% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Cerence Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 25% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | 38% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 36% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 59% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | 9% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 22% | XXX | 19% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 34% | XXX | 39% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 68% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cerence Public Comps
See public comps and valuation multiples for other Automotive Software and Vertical AI Applications comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cerence | XXX | XXX | XXX | XXX | XXX | XXX |
| GrocerIQ | XXX | XXX | XXX | XXX | XXX | XXX |
| Rackspace | XXX | XXX | XXX | XXX | XXX | XXX |
| Pinewood Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Ropeok Technology Group | XXX | XXX | XXX | XXX | XXX | XXX |
| AB Dynamics | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Cerence M&A Activity
Cerence acquired XXX companies to date.
Last acquisition by Cerence was on XXXXXXXX, XXXXX. Cerence acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cerence
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialCerence Investment Activity
Cerence invested in XXX companies to date.
Cerence made its latest investment on XXXXXXXX, XXXXX. Cerence invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cerence
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Cerence
| When was Cerence founded? | Cerence was founded in 2019. |
| Where is Cerence headquartered? | Cerence is headquartered in United States. |
| How many employees does Cerence have? | As of today, Cerence has over 1K employees. |
| Who is the CEO of Cerence? | Cerence's CEO is Brian Matthew Krzanich. |
| Is Cerence publicly listed? | Yes, Cerence is a public company listed on Nasdaq. |
| What is the stock symbol of Cerence? | Cerence trades under CRNC ticker. |
| When did Cerence go public? | Cerence went public in 2019. |
| Who are competitors of Cerence? | Cerence main competitors are GrocerIQ, Rackspace, Pinewood Technologies, Ropeok Technology Group. |
| What is the current market cap of Cerence? | Cerence's current market cap is $391M. |
| What is the current revenue of Cerence? | Cerence's last 12 months revenue is $286M. |
| What is the current revenue growth of Cerence? | Cerence revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Cerence? | Current revenue multiple of Cerence is 1.7x. |
| Is Cerence profitable? | Yes, Cerence is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cerence? | Cerence's last 12 months EBITDA is $58M. |
| What is Cerence's EBITDA margin? | Cerence's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of Cerence? | Current EBITDA multiple of Cerence is 8.4x. |
| What is the current FCF of Cerence? | Cerence's last 12 months FCF is $53M. |
| What is Cerence's FCF margin? | Cerence's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Cerence? | Current FCF multiple of Cerence is 9.2x. |
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