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Crexendo (CXDO)

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Earnings summaries and quarterly performance for Crexendo.

Recent press releases and 8-K filings for CXDO.

Crexendo Reports Strong Q4 and Full-Year 2025 Results, Announces ESI Acquisition
CXDO
Earnings
M&A
New Projects/Investments
  • Crexendo reported full-year 2025 revenue of $68.2 million, representing 12% year-over-year organic growth, with net income of $5.1 million and non-GAAP income of $11.4 million. The company achieved its 10th consecutive GAAP profitable quarter in Q4 2025, with Q4 revenue increasing 11% to $18.1 million.
  • The company announced the acquisition of Estech Systems (ESI) for $35 million, consisting of $27.3 million in cash and $7.7 million in common stock. ESI generated approximately $26 million in unaudited 2025 revenue and is expected to be accretive within two quarters.
  • Crexendo's software solutions segment achieved 28% organic growth for the full year 2025 and 18% for Q4 2025. The company also expanded its user base from over 4 million to more than 7 million users in under three years.
  • The full migration of all legacy hosted infrastructure to Oracle Cloud Infrastructure (OCI) was successfully completed, which is anticipated to improve future margins. Remaining Performance Obligations (RPO) reached $89.1 million at December 31, 2025.
  • Crexendo aims to reach a $100 million annual revenue run rate by the end of 2026, supported by continued investments in its platform, engineering talent, AI optimization, and security infrastructure.
Mar 3, 2026, 9:30 PM
Crexendo Reports Strong Full-Year 2025 Results and Announces ESI Acquisition
CXDO
Earnings
M&A
Guidance Update
  • Crexendo achieved full-year 2025 revenue of $68.2 million, representing 12% year-over-year organic growth, and reported net income of $5.1 million and non-GAAP income of $11.4 million. The company also recorded its 10th consecutive GAAP profitable quarter in Q4 2025.
  • The company announced the acquisition of Estech Systems (ESI) for $35 million, comprising $27.3 million in cash and $7.7 million in common stock. ESI generated approximately $26 million in unaudited 2025 revenue, and the acquisition is anticipated to be accretive within two quarters.
  • With the ESI acquisition, Crexendo is now targeting $100 million in annual revenues and aims to maintain double-digit organic growth for 2026.
  • Crexendo's software platform user base grew from over 4 million to more than 7 million in three years, and its Remaining Performance Obligations reached $89.1 million. The company also launched its AI Receptionist Orchestrator (CAIRO), expecting it to increase average revenue per account by over 25%.
Mar 3, 2026, 9:30 PM
Crexendo Reports Strong Q4 and Full Year 2025 Results, Announces ESI Acquisition
CXDO
Earnings
M&A
Revenue Acceleration/Inflection
  • Crexendo reported full year 2025 revenue of $68.2 million, representing 12% organic growth, with net income of $5.1 million and non-GAAP income of $11.4 million.
  • For Q4 2025, revenue increased 11% to $18.1 million, marking the 10th consecutive GAAP profitable quarter with net income of $1.2 million and non-GAAP net income of $2.8 million.
  • The company announced the acquisition of Estech Systems (ESI) for $35 million, which generated approximately $26 million in unaudited 2025 revenue and is expected to be accretive within two quarters.
  • Crexendo's Remaining Performance Obligations (RPO) increased to $89.1 million, up 4% from Q4 2024, and the company remains committed to double-digit organic growth for 2026.
  • Strategic investments include growing the user base to 7 million, completing the migration to Oracle Cloud Infrastructure (OCI), and launching CAIRO, an AI Receptionist Orchestrator.
Mar 3, 2026, 9:30 PM
Crexendo Announces Strong Q4 and Fiscal Year 2025 Results
CXDO
Earnings
Revenue Acceleration/Inflection
M&A
  • Crexendo announced strong financial results for the fiscal year ended December 31, 2025, with revenue of $68.2 million, a 12% increase year-over-year, and net income of $5.1 million.
  • For the fourth quarter of 2025, the company reported revenue of $18.1 million, up 11% year-over-year, and net income of $1.2 million. Non-GAAP net income for the quarter was $2.8 million.
  • The company achieved its tenth consecutive GAAP profitable quarter and 29th consecutive Non-GAAP profitable quarter.
  • Strategic initiatives include growing its user base to over 7 million and the acquisition of ESI to accelerate growth.
  • Cash and cash equivalents increased to $31.4 million as of December 31, 2025, compared to $18.2 million at December 31, 2024.
Mar 3, 2026, 9:00 PM
Crexendo Announces Strong Q3 2025 Results with Double-Digit Revenue Growth
CXDO
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Crexendo reported strong Q3 2025 financial results, with consolidated revenue growing 12% year-over-year to $17.5 million and GAAP net income reaching $1.5 million. The company also achieved non-GAAP net income of $3 million, or $0.10 per share, marking its ninth consecutive quarter of GAAP profitability.
  • The software solutions segment demonstrated significant growth, with revenue increasing 28% year-over-year and gross margins improving by 300 basis points to 74%. The company announced it has surpassed 7 million end users on its platform.
  • Remaining performance obligations (RPO) increased 14% year-over-year to $87.9 million. Crexendo is investing in AI-driven capabilities, including the new AI Receptionist Orchestrator (Kairo), and anticipates double-digit growth through next year.
Nov 4, 2025, 9:30 PM
Crexendo Announces Strong Third Quarter 2025 Results
CXDO
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Crexendo, Inc. reported total revenue of $17.5 million for the third quarter of 2025, marking a 12% increase year-over-year, primarily driven by a 28% increase in Software Solutions Revenue to $7.5 million and an 8% increase in Service Revenue to $8.6 million.
  • For Q3 2025, the company achieved GAAP net income of $1.5 million, or $0.05 per basic and diluted common share, and Non-GAAP net income of $3.0 million, or $0.10 per basic and diluted common share.
  • For the nine months ended September 30, 2025, total revenue increased 12% to $50.1 million, with GAAP net income of $3.9 million and Non-GAAP net income of $8.6 million.
  • The company's cash and cash equivalents reached $28.6 million as of September 30, 2025, up from $18.2 million at December 31, 2024, and generated $7.0 million in cash from operating activities for the nine-month period. CEO Jeff Korn highlighted the platform has surpassed 7 million users and is investing in AI-driven capabilities and next-generation collaboration solutions.
Nov 4, 2025, 9:00 PM
Crexendo Inc Reports Q1 2025 Strong Earnings Results
CXDO
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Crexendo Inc reported Q1 2025 revenue of $16.1 million (+12% YoY) with GAAP net income of $1.2 million and non-GAAP net income of $2.6 million.
  • Revenue was driven by a 33% increase in software solutions revenue, though partially offset by a 22% decline in product revenue.
  • The company made strategic investments in innovation and infrastructure, including progress on data center migrations and a robust $82 million backlog, positioning it for sustainable future growth.
  • Differentiated service offerings and competitive pricing have strengthened market positioning, driving customer wins in both software and telecom segments.
  • Additional highlights include increased operating expenses alongside improved EBITDA and Adjusted EBITDA, reflecting strong strategic execution and rising market demand.
May 6, 2025, 8:31 PM