Company Reports Q1 Revenue of $20.7M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy CXDO?
Reports Q1 revenue $20.7M, consensus $19.63M. Reports total revenue increased 29% vs. last year, driven by the acquisition of ESI and a 141% increase in product revenue. "Our first quarter results reflect continued strong execution and further validate the scalability of our operating model," said CEO Jeff Korn.
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Analyst Views on CXDO
Wall Street analysts forecast CXDO stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 9.360
Low
10.00
Averages
10.00
High
10.00
Current: 9.360
Low
10.00
Averages
10.00
High
10.00
About CXDO
Crexendo, Inc. is a software technology company focused on providing cloud communication platform software and unified communications as a service offering, including voice, video, contact center, and managed information technology (IT) services to businesses of all sizes. Its segments include cloud telecommunications services and software solutions. The cloud telecommunications services segment transmits calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud. The cloud telecommunications services segment offering includes hardware, software, and unified IP or cloud technology over any high-speed Internet connection. These services are rendered through a variety of devices and communication solutions for businesses. The software solutions segment offers software licenses, software maintenance support and professional services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Crexendo Reports Strong Q1 2026 Earnings with 29% Revenue Growth
- Significant Revenue Growth: Crexendo achieved $20.7 million in revenue for Q1 2026, representing a 29% year-over-year increase, indicating strong market demand and enhancing its competitive position.
- Improved Profitability: The company reported a GAAP net income of $0.6 million and a non-GAAP income of $3.3 million, reflecting enhanced profitability and management's confidence in sustained future growth.
- Successful Acquisition Integration: The ESI acquisition is exceeding expectations and has made a meaningful contribution to the income statement, with integration progressing ahead of plan, demonstrating the effectiveness of the company's strategic expansion efforts.
- Optimized Financing Strategy: Crexendo secured $5 million in term debt and a $5 million line of credit, not out of necessity but to secure future acquisition opportunities, showcasing the company's proactive approach to growth.
See More
Crexendo Reports Strong Q4 2025 Earnings with Strategic Acquisition
- Significant Profit Growth: Crexendo reported Q4 2025 revenue of $18.1 million, an 11% year-over-year increase, with service and software solutions revenues rising by 8% and 18% respectively, demonstrating the company's strong market performance and sustained profitability.
- Strategic Acquisition Execution: The company acquired Estech Systems for $35 million, expected to contribute approximately $26 million in revenue and significant cost synergies, further enhancing Crexendo's competitive position and product offerings.
- AI Investment Outlook: Management emphasized ongoing investments in AI and engineering talent, launching the CAIRO AI receptionist, which is anticipated to boost average revenue per account by over 25%, driving future revenue growth and customer satisfaction.
- Future Growth Targets: Management set a goal to achieve a $100 million revenue run rate by the end of 2026, maintaining optimism for double-digit organic growth despite macroeconomic challenges, reflecting the company's confidence in future development.
See More
Crexendo Reports Q4 and Full Year 2025 Financial Results
- Financial Highlights: Crexendo reported a Q4 Non-GAAP EPS of $0.09, beating estimates by $0.01, although revenue of $18.1 million, growing only 11.7% year-over-year, missed expectations, indicating revenue growth challenges.
- Annual Revenue Growth: Total revenue for FY 2025 reached $68.2 million, a 12% increase of $7.3 million, reflecting strong performance in service and software solutions, despite a 16% decline in product revenue to $4.7 million, impacting overall profitability.
- Net Income Improvement: The company reported a net income of $5.1 million for FY 2025, translating to $0.17 per share, significantly up from $1.7 million in FY 2024, indicating positive progress in cost control and revenue growth.
- Cash Flow Position: As of December 31, 2025, total cash and cash equivalents stood at $31.4 million, a substantial increase from $18.2 million in 2024, enhancing the company's financial flexibility and capacity for future investments.
See More
Crexendo Reports Strong Financial Results for FY 2025
- Annual Revenue Growth: Crexendo's total revenue for FY 2025 reached $68.2 million, reflecting a 12% year-over-year increase, indicating strong growth momentum in the cloud communications market that is expected to enhance competitive positioning.
- Significant Profit Increase: The company reported a net income of $5.1 million for FY 2025, with non-GAAP net income reaching $11.4 million, showcasing sustained improvements in profitability that bolster investor confidence.
- Strong Q4 Performance: In Q4 2025, Crexendo achieved revenues of $18.1 million, an 11% increase year-over-year, with net income of $1.2 million and non-GAAP net income of $2.8 million, demonstrating stable growth in market demand.
- User Base Expansion: The number of users grew from 4 million three years ago to over 7 million today, representing a 75% increase, which not only enhances market share but also lays a solid foundation for future revenue growth.
See More
Crexendo Set to Announce Q4 Earnings on March 3rd
- Earnings Announcement: Crexendo (CXDO) is set to announce its Q4 earnings on March 3rd after market close, with a consensus EPS estimate of $0.08, reflecting a 33.3% year-over-year increase, indicating sustained profitability improvements.
- Revenue Expectations: Analysts project Crexendo's Q4 revenue to reach $18.14 million, marking a 12.0% year-over-year growth, which demonstrates the company's strong sales momentum and effective business expansion strategies.
- Performance Track Record: Over the past two years, Crexendo has beaten EPS and revenue estimates 100% of the time, showcasing exceptional financial management and market forecasting capabilities, thereby boosting investor confidence.
- Growth Drivers: Crexendo is leveraging AI applications and international expansion to drive growth, a strategy that not only enhances the company's competitive position but also lays a solid foundation for sustained future growth.
See More
Crexendo Acquires Estech Systems, Strengthening Market Position
- Acquisition Overview: Crexendo has acquired Estech Systems for $35 million, comprising $27.3 million in cash and $7.7 million in common stock, which is expected to immediately enhance revenue and EBITDA, positioning Crexendo to approach a $100 million annual revenue run rate.
- Financial Impact Analysis: ESI generated approximately $26 million in revenue in 2025, and the acquisition is anticipated to yield significant cost synergies through facilities consolidation, licensing optimization, and employee cross-utilization, thereby enhancing overall profitability.
- Market Expansion Opportunities: This acquisition expands Crexendo's customer base to over 6,200 retail accounts and 75,000 seats, strengthening its competitive position in the cloud communications market and enabling revenue synergies through cross-selling and channel expansion.
- Strategic Development Outlook: CEO Jeff Korn stated that this acquisition combines strong organic growth with highly accretive acquisition strategies, further enhancing the company's expertise and scale in the cloud communications sector.
See More
Crexendo Reports Strong Q1 2026 Earnings with 29% Revenue Growth
- Significant Revenue Growth: Crexendo achieved $20.7 million in revenue for Q1 2026, representing a 29% year-over-year increase, indicating strong market demand and enhancing its competitive position.
- Improved Profitability: The company reported a GAAP net income of $0.6 million and a non-GAAP income of $3.3 million, reflecting enhanced profitability and management's confidence in sustained future growth.
- Successful Acquisition Integration: The ESI acquisition is exceeding expectations and has made a meaningful contribution to the income statement, with integration progressing ahead of plan, demonstrating the effectiveness of the company's strategic expansion efforts.
- Optimized Financing Strategy: Crexendo secured $5 million in term debt and a $5 million line of credit, not out of necessity but to secure future acquisition opportunities, showcasing the company's proactive approach to growth.
See More
Crexendo Reports Strong Q4 2025 Earnings with Strategic Acquisition
- Significant Profit Growth: Crexendo reported Q4 2025 revenue of $18.1 million, an 11% year-over-year increase, with service and software solutions revenues rising by 8% and 18% respectively, demonstrating the company's strong market performance and sustained profitability.
- Strategic Acquisition Execution: The company acquired Estech Systems for $35 million, expected to contribute approximately $26 million in revenue and significant cost synergies, further enhancing Crexendo's competitive position and product offerings.
- AI Investment Outlook: Management emphasized ongoing investments in AI and engineering talent, launching the CAIRO AI receptionist, which is anticipated to boost average revenue per account by over 25%, driving future revenue growth and customer satisfaction.
- Future Growth Targets: Management set a goal to achieve a $100 million revenue run rate by the end of 2026, maintaining optimism for double-digit organic growth despite macroeconomic challenges, reflecting the company's confidence in future development.
See More
Crexendo Reports Q4 and Full Year 2025 Financial Results
- Financial Highlights: Crexendo reported a Q4 Non-GAAP EPS of $0.09, beating estimates by $0.01, although revenue of $18.1 million, growing only 11.7% year-over-year, missed expectations, indicating revenue growth challenges.
- Annual Revenue Growth: Total revenue for FY 2025 reached $68.2 million, a 12% increase of $7.3 million, reflecting strong performance in service and software solutions, despite a 16% decline in product revenue to $4.7 million, impacting overall profitability.
- Net Income Improvement: The company reported a net income of $5.1 million for FY 2025, translating to $0.17 per share, significantly up from $1.7 million in FY 2024, indicating positive progress in cost control and revenue growth.
- Cash Flow Position: As of December 31, 2025, total cash and cash equivalents stood at $31.4 million, a substantial increase from $18.2 million in 2024, enhancing the company's financial flexibility and capacity for future investments.
See More
Crexendo Reports Strong Financial Results for FY 2025
- Annual Revenue Growth: Crexendo's total revenue for FY 2025 reached $68.2 million, reflecting a 12% year-over-year increase, indicating strong growth momentum in the cloud communications market that is expected to enhance competitive positioning.
- Significant Profit Increase: The company reported a net income of $5.1 million for FY 2025, with non-GAAP net income reaching $11.4 million, showcasing sustained improvements in profitability that bolster investor confidence.
- Strong Q4 Performance: In Q4 2025, Crexendo achieved revenues of $18.1 million, an 11% increase year-over-year, with net income of $1.2 million and non-GAAP net income of $2.8 million, demonstrating stable growth in market demand.
- User Base Expansion: The number of users grew from 4 million three years ago to over 7 million today, representing a 75% increase, which not only enhances market share but also lays a solid foundation for future revenue growth.
See More
Crexendo Set to Announce Q4 Earnings on March 3rd
- Earnings Announcement: Crexendo (CXDO) is set to announce its Q4 earnings on March 3rd after market close, with a consensus EPS estimate of $0.08, reflecting a 33.3% year-over-year increase, indicating sustained profitability improvements.
- Revenue Expectations: Analysts project Crexendo's Q4 revenue to reach $18.14 million, marking a 12.0% year-over-year growth, which demonstrates the company's strong sales momentum and effective business expansion strategies.
- Performance Track Record: Over the past two years, Crexendo has beaten EPS and revenue estimates 100% of the time, showcasing exceptional financial management and market forecasting capabilities, thereby boosting investor confidence.
- Growth Drivers: Crexendo is leveraging AI applications and international expansion to drive growth, a strategy that not only enhances the company's competitive position but also lays a solid foundation for sustained future growth.
See More
Crexendo Acquires Estech Systems, Strengthening Market Position
- Acquisition Overview: Crexendo has acquired Estech Systems for $35 million, comprising $27.3 million in cash and $7.7 million in common stock, which is expected to immediately enhance revenue and EBITDA, positioning Crexendo to approach a $100 million annual revenue run rate.
- Financial Impact Analysis: ESI generated approximately $26 million in revenue in 2025, and the acquisition is anticipated to yield significant cost synergies through facilities consolidation, licensing optimization, and employee cross-utilization, thereby enhancing overall profitability.
- Market Expansion Opportunities: This acquisition expands Crexendo's customer base to over 6,200 retail accounts and 75,000 seats, strengthening its competitive position in the cloud communications market and enabling revenue synergies through cross-selling and channel expansion.
- Strategic Development Outlook: CEO Jeff Korn stated that this acquisition combines strong organic growth with highly accretive acquisition strategies, further enhancing the company's expertise and scale in the cloud communications sector.
See More
