Crexendo, Inc.CXDOEarnings & Financial Report
Crexendo, Inc. is a U.S.-headquartered cloud communications technology provider. It delivers unified communications as a service (UCaaS), contact center solutions, business VoIP services, and collaborative work tools, primarily catering to small and medium-sized enterprises operating in the North American market.
Revenue
$15.6M
Gross Profit
N/A
Operating Profit
$135.0K
Net Profit
$148.0K
Gross Margin
N/A
Operating Margin
0.9%
Net Margin
0.9%
YoY Growth
12.6%
EPS
$0.00
Crexendo, Inc. Q3 FY2024 Financial Summary
Crexendo, Inc. reported revenue of $15.6M (up 12.6% YoY) for Q3 FY2024, with a net profit of $148.0K (down 91.3% YoY) (0.9% margin).
Key Financial Metrics
| Total Revenue | $15.6M |
|---|---|
| Net Profit | $148.0K |
| Gross Margin | N/A |
| Operating Margin | 0.9% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Crexendo, Inc. Q3 FY2024 revenue of $15.6M breaks down across 2 segments, led by Cloud Telecommunications Service Segment at $9.8M (62.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Cloud Telecommunications Service Segment | $9.8M | 62.5% |
| Software Solution Segment | $5.9M | 37.5% |
Crexendo, Inc. Annual Revenue by Year
Crexendo, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $68.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $68.2M |
| 2024 | $60.8M |
| 2023 | $53.2M |
| 2022 | $37.6M |
Crexendo, Inc. Quarterly Revenue & Net Profit History
Crexendo, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $18.1M | +11.2% | $1.2M | 6.7% |
| Q3 FY2025 | $17.5M | +12.0% | $1.4M | 8.3% |
| Q2 FY2025 | $16.6M | +12.7% | $1.2M | 7.4% |
| Q1 FY2025 | $16.1M | +12.4% | $1.2M | 7.3% |
| Q4 FY2024 | $16.2M | +14.7% | $507.0K | 3.1% |
| Q3 FY2024 | $15.6M | +12.6% | $148.0K | 0.9% |
| Q2 FY2024 | $14.7M | +15.9% | $588.0K | 4.0% |
| Q1 FY2024 | $14.3M | +14.4% | $434.0K | 3.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.3M | $14.7M | $15.6M | $16.2M | $16.1M | $16.6M | $17.5M | $18.1M |
| YoY Growth | 14.4% | 15.9% | 12.6% | 14.7% | 12.4% | 12.7% | 12.0% | 11.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $57.5M | $59.6M | $62.3M | $64.9M | $67.4M | $71.4M | $76.0M | $77.7M |
| Liabilities | $10.7M | $11.5M | $12.8M | $13.5M | $12.2M | $13.1M | $14.6M | $13.9M |
| Equity | $46.8M | $48.2M | $49.5M | $51.4M | $55.2M | $58.3M | $61.3M | $63.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-166000 | $2.7M | $1.6M | $2.2M | $1.2M | $1.3M | $4.4M | $2.3M |