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Crexendo (CXDO)

Earnings summaries and quarterly performance for Crexendo.

Recent press releases and 8-K filings for CXDO.

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