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Side-by-side financial comparison of Cerence Inc. (CRNC) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
Cerence Inc. is the larger business by last-quarter revenue ($115.1M vs $71.1M, roughly 1.6× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -4.6%, a 6.6% gap on every dollar of revenue. On growth, Cerence Inc. posted the faster year-over-year revenue change (126.1% vs -1.8%). Cerence Inc. produced more free cash flow last quarter ($35.6M vs $33.5M). Over the past eight quarters, Cerence Inc.'s revenue compounded faster (30.3% CAGR vs -4.7%).
Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
CRNC vs RMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $115.1M | $71.1M |
| Net Profit | $-5.2M | $1.4M |
| Gross Margin | 86.3% | — |
| Operating Margin | 25.5% | 13.1% |
| Net Margin | -4.6% | 2.0% |
| Revenue YoY | 126.1% | -1.8% |
| Net Profit YoY | 78.4% | -75.2% |
| EPS (diluted) | $-0.12 | — |
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 | $71.1M | ||
| Q3 25 | $60.6M | $73.2M | ||
| Q2 25 | $62.2M | $72.8M | ||
| Q1 25 | $78.0M | $74.5M | ||
| Q4 24 | $50.9M | $72.5M | ||
| Q3 24 | $54.8M | $78.5M | ||
| Q2 24 | $70.5M | $78.5M | ||
| Q1 24 | $67.8M | $78.3M |
| Q4 25 | $-5.2M | $1.4M | ||
| Q3 25 | $-13.4M | $4.0M | ||
| Q2 25 | $-2.7M | $4.7M | ||
| Q1 25 | $21.7M | $-2.0M | ||
| Q4 24 | $-24.3M | $5.8M | ||
| Q3 24 | $-20.4M | $966.0K | ||
| Q2 24 | $-313.5M | $3.7M | ||
| Q1 24 | $-278.0M | $-3.4M |
| Q4 25 | 86.3% | — | ||
| Q3 25 | 72.6% | — | ||
| Q2 25 | 73.7% | — | ||
| Q1 25 | 77.1% | — | ||
| Q4 24 | 65.0% | — | ||
| Q3 24 | 63.7% | — | ||
| Q2 24 | 71.5% | — | ||
| Q1 24 | 69.2% | — |
| Q4 25 | 25.5% | 13.1% | ||
| Q3 25 | -2.9% | 25.0% | ||
| Q2 25 | -1.5% | 19.3% | ||
| Q1 25 | 22.2% | 7.2% | ||
| Q4 24 | -33.3% | 5.9% | ||
| Q3 24 | -35.1% | 19.4% | ||
| Q2 24 | -503.1% | 20.6% | ||
| Q1 24 | -389.8% | 5.8% |
| Q4 25 | -4.6% | 2.0% | ||
| Q3 25 | -22.0% | 5.4% | ||
| Q2 25 | -4.4% | 6.4% | ||
| Q1 25 | 27.8% | -2.6% | ||
| Q4 24 | -47.7% | 8.0% | ||
| Q3 24 | -37.3% | 1.2% | ||
| Q2 24 | -444.5% | 4.7% | ||
| Q1 24 | -409.8% | -4.3% |
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.26 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $0.46 | — | ||
| Q4 24 | $-0.57 | — | ||
| Q3 24 | $-0.49 | — | ||
| Q2 24 | $-7.50 | — | ||
| Q1 24 | $-6.66 | — |
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 | $118.7M |
| Total DebtLower is stronger | $171.9M | $432.2M |
| Stockholders' EquityBook value | $150.4M | $452.4M |
| Total Assets | $602.0M | $582.5M |
| Debt / EquityLower = less leverage | 1.14× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5M | $118.7M | ||
| Q3 25 | $3.4M | $107.5M | ||
| Q2 25 | $5.5M | $94.3M | ||
| Q1 25 | $5.4M | $89.1M | ||
| Q4 24 | $3.9M | $96.6M | ||
| Q3 24 | $5.5M | $83.8M | ||
| Q2 24 | $5.4M | $66.1M | ||
| Q1 24 | $9.4M | $82.1M |
| Q4 25 | $171.9M | $432.2M | ||
| Q3 25 | $199.7M | $433.3M | ||
| Q2 25 | $198.8M | $434.4M | ||
| Q1 25 | $257.6M | $435.3M | ||
| Q4 24 | $256.2M | $436.2M | ||
| Q3 24 | $281.9M | $437.2M | ||
| Q2 24 | $280.4M | $438.1M | ||
| Q1 24 | $278.9M | $439.0M |
| Q4 25 | $150.4M | $452.4M | ||
| Q3 25 | $150.7M | $448.1M | ||
| Q2 25 | $155.7M | $442.4M | ||
| Q1 25 | $149.3M | $433.5M | ||
| Q4 24 | $120.7M | $429.5M | ||
| Q3 24 | $141.1M | $423.1M | ||
| Q2 24 | $154.2M | $418.4M | ||
| Q1 24 | $463.4M | $412.0M |
| Q4 25 | $602.0M | $582.5M | ||
| Q3 25 | $630.6M | $582.2M | ||
| Q2 25 | $636.8M | $574.8M | ||
| Q1 25 | $665.5M | $571.4M | ||
| Q4 24 | $617.5M | $581.6M | ||
| Q3 24 | $702.4M | $578.6M | ||
| Q2 24 | $674.0M | $571.4M | ||
| Q1 24 | $987.1M | $566.7M |
| Q4 25 | 1.14× | 0.96× | ||
| Q3 25 | 1.33× | 0.97× | ||
| Q2 25 | 1.28× | 0.98× | ||
| Q1 25 | 1.73× | 1.00× | ||
| Q4 24 | 2.12× | 1.02× | ||
| Q3 24 | 2.00× | 1.03× | ||
| Q2 24 | 1.82× | 1.05× | ||
| Q1 24 | 0.60× | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $35.6M | $33.5M |
| FCF MarginFCF / Revenue | 31.0% | 47.1% |
| Capex IntensityCapex / Revenue | 2.0% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $74.6M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $37.9M | $40.9M | ||
| Q3 25 | $12.8M | $17.7M | ||
| Q2 25 | $23.7M | $4.6M | ||
| Q1 25 | $15.5M | $5.7M | ||
| Q4 24 | $9.3M | $59.7M | ||
| Q3 24 | $6.1M | $17.6M | ||
| Q2 24 | $12.9M | $15.9M | ||
| Q1 24 | $1.0M | $9.4M |
| Q4 25 | $35.6M | $33.5M | ||
| Q3 25 | $9.7M | $16.4M | ||
| Q2 25 | $16.1M | $2.9M | ||
| Q1 25 | $13.1M | $4.0M | ||
| Q4 24 | $7.9M | $53.0M | ||
| Q3 24 | $4.7M | $16.3M | ||
| Q2 24 | $12.1M | $14.0M | ||
| Q1 24 | $-801.0K | $6.8M |
| Q4 25 | 31.0% | 47.1% | ||
| Q3 25 | 16.1% | 22.4% | ||
| Q2 25 | 25.8% | 4.0% | ||
| Q1 25 | 16.8% | 5.3% | ||
| Q4 24 | 15.5% | 73.2% | ||
| Q3 24 | 8.5% | 20.8% | ||
| Q2 24 | 17.1% | 17.8% | ||
| Q1 24 | -1.2% | 8.6% |
| Q4 25 | 2.0% | 10.4% | ||
| Q3 25 | 5.0% | 1.8% | ||
| Q2 25 | 12.3% | 2.2% | ||
| Q1 25 | 3.0% | 2.3% | ||
| Q4 24 | 2.7% | 9.1% | ||
| Q3 24 | 2.6% | 1.7% | ||
| Q2 24 | 1.1% | 2.4% | ||
| Q1 24 | 2.7% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
