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CRNC Revenue by Segments

Revenue by Segments

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As of Q4'25 (2025-09-30), CRNC's revenue is primarily driven by the License segment at USD 32.3M, followed by Connected services at USD 14.2M and Professional services at USD 14.2M. The License segment remains the dominant contributor, accounting for more than half of the total revenue in the latest quarter. From Q1'23 to Q4'25, the chart reveals significant volatility in the License segment, with notable peaks such as USD 51.5M in Q2'25 and troughs like USD 20.8M in Q1'24. Connected services experienced a sharp spike to USD 96.8M in Q1'24 but otherwise remained relatively stable around USD 13M–19M per quarter. Professional services displayed a gradual decline over the period, dropping from USD 19.8M in Q1'23 to USD 14.2M in Q4'25. Overall, the revenue mix is characterized by License segment volatility, a one-off surge in Connected services, and a steady decrease in Professional services.