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Side-by-side financial comparison of Cerence Inc. (CRNC) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
Cerence Inc. is the larger business by last-quarter revenue ($115.1M vs $76.4M, roughly 1.5× PROCEPT BioRobotics Corp). Cerence Inc. runs the higher net margin — -4.6% vs -39.1%, a 34.5% gap on every dollar of revenue. On growth, Cerence Inc. posted the faster year-over-year revenue change (126.1% vs 11.9%). Cerence Inc. produced more free cash flow last quarter ($35.6M vs $-12.2M). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (31.0% CAGR vs 30.3%).
Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
CRNC vs PRCT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $115.1M | $76.4M |
| Net Profit | $-5.2M | $-29.8M |
| Gross Margin | 86.3% | 60.6% |
| Operating Margin | 25.5% | -40.6% |
| Net Margin | -4.6% | -39.1% |
| Revenue YoY | 126.1% | 11.9% |
| Net Profit YoY | 78.4% | -58.3% |
| EPS (diluted) | $-0.12 | $-0.54 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $115.1M | $76.4M | ||
| Q3 25 | $60.6M | $83.3M | ||
| Q2 25 | $62.2M | $79.2M | ||
| Q1 25 | $78.0M | $69.2M | ||
| Q4 24 | $50.9M | $68.2M | ||
| Q3 24 | $54.8M | $58.4M | ||
| Q2 24 | $70.5M | $53.4M | ||
| Q1 24 | $67.8M | $44.5M |
| Q4 25 | $-5.2M | $-29.8M | ||
| Q3 25 | $-13.4M | $-21.4M | ||
| Q2 25 | $-2.7M | $-19.6M | ||
| Q1 25 | $21.7M | $-24.7M | ||
| Q4 24 | $-24.3M | $-18.9M | ||
| Q3 24 | $-20.4M | $-21.0M | ||
| Q2 24 | $-313.5M | $-25.6M | ||
| Q1 24 | $-278.0M | $-26.0M |
| Q4 25 | 86.3% | 60.6% | ||
| Q3 25 | 72.6% | 64.8% | ||
| Q2 25 | 73.7% | 65.4% | ||
| Q1 25 | 77.1% | 63.9% | ||
| Q4 24 | 65.0% | 64.0% | ||
| Q3 24 | 63.7% | 63.2% | ||
| Q2 24 | 71.5% | 59.0% | ||
| Q1 24 | 69.2% | 56.2% |
| Q4 25 | 25.5% | -40.6% | ||
| Q3 25 | -2.9% | -27.8% | ||
| Q2 25 | -1.5% | -28.0% | ||
| Q1 25 | 22.2% | -39.7% | ||
| Q4 24 | -33.3% | -28.9% | ||
| Q3 24 | -35.1% | -38.4% | ||
| Q2 24 | -503.1% | -50.3% | ||
| Q1 24 | -389.8% | -62.1% |
| Q4 25 | -4.6% | -39.1% | ||
| Q3 25 | -22.0% | -25.7% | ||
| Q2 25 | -4.4% | -24.7% | ||
| Q1 25 | 27.8% | -35.8% | ||
| Q4 24 | -47.7% | -27.6% | ||
| Q3 24 | -37.3% | -35.9% | ||
| Q2 24 | -444.5% | -48.0% | ||
| Q1 24 | -409.8% | -58.3% |
| Q4 25 | $-0.12 | $-0.54 | ||
| Q3 25 | $-0.26 | $-0.38 | ||
| Q2 25 | $-0.06 | $-0.35 | ||
| Q1 25 | $0.46 | $-0.45 | ||
| Q4 24 | $-0.57 | $-0.34 | ||
| Q3 24 | $-0.49 | $-0.40 | ||
| Q2 24 | $-7.50 | $-0.50 | ||
| Q1 24 | $-6.66 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.5M | $286.5M |
| Total DebtLower is stronger | $171.9M | $51.6M |
| Stockholders' EquityBook value | $150.4M | $365.9M |
| Total Assets | $602.0M | $508.1M |
| Debt / EquityLower = less leverage | 1.14× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5M | $286.5M | ||
| Q3 25 | $3.4M | $294.3M | ||
| Q2 25 | $5.5M | $302.7M | ||
| Q1 25 | $5.4M | $316.2M | ||
| Q4 24 | $3.9M | $333.7M | ||
| Q3 24 | $5.5M | $196.8M | ||
| Q2 24 | $5.4M | $214.1M | ||
| Q1 24 | $9.4M | $225.6M |
| Q4 25 | $171.9M | $51.6M | ||
| Q3 25 | $199.7M | $51.6M | ||
| Q2 25 | $198.8M | $51.5M | ||
| Q1 25 | $257.6M | $51.5M | ||
| Q4 24 | $256.2M | $51.5M | ||
| Q3 24 | $281.9M | $51.4M | ||
| Q2 24 | $280.4M | $51.4M | ||
| Q1 24 | $278.9M | $51.4M |
| Q4 25 | $150.4M | $365.9M | ||
| Q3 25 | $150.7M | $380.3M | ||
| Q2 25 | $155.7M | $385.8M | ||
| Q1 25 | $149.3M | $389.2M | ||
| Q4 24 | $120.7M | $402.2M | ||
| Q3 24 | $141.1M | $241.2M | ||
| Q2 24 | $154.2M | $251.8M | ||
| Q1 24 | $463.4M | $264.0M |
| Q4 25 | $602.0M | $508.1M | ||
| Q3 25 | $630.6M | $511.5M | ||
| Q2 25 | $636.8M | $513.1M | ||
| Q1 25 | $665.5M | $519.4M | ||
| Q4 24 | $617.5M | $534.0M | ||
| Q3 24 | $702.4M | $374.1M | ||
| Q2 24 | $674.0M | $374.4M | ||
| Q1 24 | $987.1M | $382.9M |
| Q4 25 | 1.14× | 0.14× | ||
| Q3 25 | 1.33× | 0.14× | ||
| Q2 25 | 1.28× | 0.13× | ||
| Q1 25 | 1.73× | 0.13× | ||
| Q4 24 | 2.12× | 0.13× | ||
| Q3 24 | 2.00× | 0.21× | ||
| Q2 24 | 1.82× | 0.20× | ||
| Q1 24 | 0.60× | 0.19× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $37.9M | $-10.3M |
| Free Cash FlowOCF − Capex | $35.6M | $-12.2M |
| FCF MarginFCF / Revenue | 31.0% | -15.9% |
| Capex IntensityCapex / Revenue | 2.0% | 2.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $74.6M | $-58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $37.9M | $-10.3M | ||
| Q3 25 | $12.8M | $-6.6M | ||
| Q2 25 | $23.7M | $-15.0M | ||
| Q1 25 | $15.5M | $-17.0M | ||
| Q4 24 | $9.3M | $-32.4M | ||
| Q3 24 | $6.1M | $-18.8M | ||
| Q2 24 | $12.9M | $-15.7M | ||
| Q1 24 | $1.0M | $-32.3M |
| Q4 25 | $35.6M | $-12.2M | ||
| Q3 25 | $9.7M | $-9.5M | ||
| Q2 25 | $16.1M | $-17.8M | ||
| Q1 25 | $13.1M | $-18.8M | ||
| Q4 24 | $7.9M | $-33.6M | ||
| Q3 24 | $4.7M | $-19.0M | ||
| Q2 24 | $12.1M | $-16.8M | ||
| Q1 24 | $-801.0K | $-34.2M |
| Q4 25 | 31.0% | -15.9% | ||
| Q3 25 | 16.1% | -11.4% | ||
| Q2 25 | 25.8% | -22.5% | ||
| Q1 25 | 16.8% | -27.2% | ||
| Q4 24 | 15.5% | -49.2% | ||
| Q3 24 | 8.5% | -32.6% | ||
| Q2 24 | 17.1% | -31.4% | ||
| Q1 24 | -1.2% | -76.9% |
| Q4 25 | 2.0% | 2.4% | ||
| Q3 25 | 5.0% | 3.4% | ||
| Q2 25 | 12.3% | 3.5% | ||
| Q1 25 | 3.0% | 2.7% | ||
| Q4 24 | 2.7% | 1.7% | ||
| Q3 24 | 2.6% | 0.4% | ||
| Q2 24 | 1.1% | 2.0% | ||
| Q1 24 | 2.7% | 4.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRNC
| License | $87.8M | 76% |
| Connected Services | $14.5M | 13% |
| Professional Services | $12.8M | 11% |
PRCT
| Hand Pieces And Other Consumables | $34.1M | 45% |
| System Sales And Rentals | $27.5M | 36% |
| Other | $9.8M | 13% |
| Service Revenue | $5.0M | 7% |
