In Q2'26, Cerence Corporation's (CRNC) operating cash flow reached $14.1M, marking a decline from the robust $37.9M recorded in Q1'26 but remaining positive and indicative of sustained operational efficiency. Free cash flow for the same period stood at $13.6M, similarly down from $35.6M in Q1'26, yet reflecting healthy cash generation after capital expenditures. Over the period from Q3'23 to Q2'26, operating cash flow exhibited volatility, starting with a negative -$8.2M in Q3'23, turning positive in Q4'23 at $11.3M, and fluctuating through minor negatives and positives before accelerating into strong growth from Q3'24 onward, peaking at $37.9M in Q1'26 with an overall upward trend toward improved liquidity. Free cash flow followed a parallel pattern, improving from early negatives like -$9.7M in Q3'23 to consistent positives post-Q3'24, culminating in a peak of $35.6M in Q1'26, highlighting CRNC's progressive enhancement in free cash conversion amid capital investments.