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Side-by-side financial comparison of Cerence Inc. (CRNC) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

Cerence Inc. is the larger business by last-quarter revenue ($115.1M vs $109.7M, roughly 1.0× Via Transportation, Inc.). Cerence Inc. runs the higher net margin — -4.6% vs -33.6%, a 29.1% gap on every dollar of revenue. Cerence Inc. produced more free cash flow last quarter ($35.6M vs $-31.8M).

Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

CRNC vs VIA — Head-to-Head

Bigger by revenue
CRNC
CRNC
1.0× larger
CRNC
$115.1M
$109.7M
VIA
Higher net margin
CRNC
CRNC
29.1% more per $
CRNC
-4.6%
-33.6%
VIA
More free cash flow
CRNC
CRNC
$67.4M more FCF
CRNC
$35.6M
$-31.8M
VIA

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CRNC
CRNC
VIA
VIA
Revenue
$115.1M
$109.7M
Net Profit
$-5.2M
$-36.9M
Gross Margin
86.3%
39.3%
Operating Margin
25.5%
-17.2%
Net Margin
-4.6%
-33.6%
Revenue YoY
126.1%
Net Profit YoY
78.4%
EPS (diluted)
$-0.12
$-1.49

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.

Revenue
CRNC
CRNC
VIA
VIA
Q4 25
$115.1M
Q3 25
$60.6M
$109.7M
Q2 25
$62.2M
Q1 25
$78.0M
Q4 24
$50.9M
Q3 24
$54.8M
Q2 24
$70.5M
Q1 24
$67.8M
Net Profit
CRNC
CRNC
VIA
VIA
Q4 25
$-5.2M
Q3 25
$-13.4M
$-36.9M
Q2 25
$-2.7M
Q1 25
$21.7M
Q4 24
$-24.3M
Q3 24
$-20.4M
Q2 24
$-313.5M
Q1 24
$-278.0M
Gross Margin
CRNC
CRNC
VIA
VIA
Q4 25
86.3%
Q3 25
72.6%
39.3%
Q2 25
73.7%
Q1 25
77.1%
Q4 24
65.0%
Q3 24
63.7%
Q2 24
71.5%
Q1 24
69.2%
Operating Margin
CRNC
CRNC
VIA
VIA
Q4 25
25.5%
Q3 25
-2.9%
-17.2%
Q2 25
-1.5%
Q1 25
22.2%
Q4 24
-33.3%
Q3 24
-35.1%
Q2 24
-503.1%
Q1 24
-389.8%
Net Margin
CRNC
CRNC
VIA
VIA
Q4 25
-4.6%
Q3 25
-22.0%
-33.6%
Q2 25
-4.4%
Q1 25
27.8%
Q4 24
-47.7%
Q3 24
-37.3%
Q2 24
-444.5%
Q1 24
-409.8%
EPS (diluted)
CRNC
CRNC
VIA
VIA
Q4 25
$-0.12
Q3 25
$-0.26
$-1.49
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
CRNC
CRNC
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$2.5M
$378.2M
Total DebtLower is stronger
$171.9M
Stockholders' EquityBook value
$150.4M
$574.6M
Total Assets
$602.0M
$702.1M
Debt / EquityLower = less leverage
1.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRNC
CRNC
VIA
VIA
Q4 25
$2.5M
Q3 25
$3.4M
$378.2M
Q2 25
$5.5M
Q1 25
$5.4M
Q4 24
$3.9M
Q3 24
$5.5M
Q2 24
$5.4M
Q1 24
$9.4M
Total Debt
CRNC
CRNC
VIA
VIA
Q4 25
$171.9M
Q3 25
$199.7M
Q2 25
$198.8M
Q1 25
$257.6M
Q4 24
$256.2M
Q3 24
$281.9M
Q2 24
$280.4M
Q1 24
$278.9M
Stockholders' Equity
CRNC
CRNC
VIA
VIA
Q4 25
$150.4M
Q3 25
$150.7M
$574.6M
Q2 25
$155.7M
Q1 25
$149.3M
Q4 24
$120.7M
Q3 24
$141.1M
Q2 24
$154.2M
Q1 24
$463.4M
Total Assets
CRNC
CRNC
VIA
VIA
Q4 25
$602.0M
Q3 25
$630.6M
$702.1M
Q2 25
$636.8M
Q1 25
$665.5M
Q4 24
$617.5M
Q3 24
$702.4M
Q2 24
$674.0M
Q1 24
$987.1M
Debt / Equity
CRNC
CRNC
VIA
VIA
Q4 25
1.14×
Q3 25
1.33×
Q2 25
1.28×
Q1 25
1.73×
Q4 24
2.12×
Q3 24
2.00×
Q2 24
1.82×
Q1 24
0.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRNC
CRNC
VIA
VIA
Operating Cash FlowLast quarter
$37.9M
$-30.4M
Free Cash FlowOCF − Capex
$35.6M
$-31.8M
FCF MarginFCF / Revenue
31.0%
-29.0%
Capex IntensityCapex / Revenue
2.0%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$74.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRNC
CRNC
VIA
VIA
Q4 25
$37.9M
Q3 25
$12.8M
$-30.4M
Q2 25
$23.7M
Q1 25
$15.5M
Q4 24
$9.3M
Q3 24
$6.1M
Q2 24
$12.9M
Q1 24
$1.0M
Free Cash Flow
CRNC
CRNC
VIA
VIA
Q4 25
$35.6M
Q3 25
$9.7M
$-31.8M
Q2 25
$16.1M
Q1 25
$13.1M
Q4 24
$7.9M
Q3 24
$4.7M
Q2 24
$12.1M
Q1 24
$-801.0K
FCF Margin
CRNC
CRNC
VIA
VIA
Q4 25
31.0%
Q3 25
16.1%
-29.0%
Q2 25
25.8%
Q1 25
16.8%
Q4 24
15.5%
Q3 24
8.5%
Q2 24
17.1%
Q1 24
-1.2%
Capex Intensity
CRNC
CRNC
VIA
VIA
Q4 25
2.0%
Q3 25
5.0%
1.2%
Q2 25
12.3%
Q1 25
3.0%
Q4 24
2.7%
Q3 24
2.6%
Q2 24
1.1%
Q1 24
2.7%
Cash Conversion
CRNC
CRNC
VIA
VIA
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
CRNC

License$87.8M76%
Connected Services$14.5M13%
Professional Services$12.8M11%

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

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