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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Crexendo, Inc. (CXDO). Click either name above to swap in a different company.

Crexendo, Inc. is the larger business by last-quarter revenue ($18.1M vs $13.9M, roughly 1.3× ALPHA PRO TECH LTD). Crexendo, Inc. runs the higher net margin — 6.7% vs 5.0%, a 1.7% gap on every dollar of revenue. On growth, Crexendo, Inc. posted the faster year-over-year revenue change (11.2% vs 0.3%). Over the past eight quarters, Crexendo, Inc.'s revenue compounded faster (12.4% CAGR vs 1.4%).

Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.

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.

APT vs CXDO — Head-to-Head

Bigger by revenue
CXDO
CXDO
1.3× larger
CXDO
$18.1M
$13.9M
APT
Growing faster (revenue YoY)
CXDO
CXDO
+10.9% gap
CXDO
11.2%
0.3%
APT
Higher net margin
CXDO
CXDO
1.7% more per $
CXDO
6.7%
5.0%
APT
Faster 2-yr revenue CAGR
CXDO
CXDO
Annualised
CXDO
12.4%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
CXDO
CXDO
Revenue
$13.9M
$18.1M
Net Profit
$698.0K
$1.2M
Gross Margin
37.1%
Operating Margin
6.9%
6.3%
Net Margin
5.0%
6.7%
Revenue YoY
0.3%
11.2%
Net Profit YoY
-17.6%
140.2%
EPS (diluted)
$0.06
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APT
APT
CXDO
CXDO
Q4 25
$13.9M
$18.1M
Q3 25
$14.8M
$17.5M
Q2 25
$16.7M
$16.6M
Q1 25
$13.8M
$16.1M
Q4 24
$13.8M
$16.2M
Q3 24
$14.3M
$15.6M
Q2 24
$16.3M
$14.7M
Q1 24
$13.5M
$14.3M
Net Profit
APT
APT
CXDO
CXDO
Q4 25
$698.0K
$1.2M
Q3 25
$976.0K
$1.4M
Q2 25
$1.2M
$1.2M
Q1 25
$613.0K
$1.2M
Q4 24
$847.0K
$507.0K
Q3 24
$862.0K
$148.0K
Q2 24
$1.6M
$588.0K
Q1 24
$576.0K
$434.0K
Gross Margin
APT
APT
CXDO
CXDO
Q4 25
37.1%
Q3 25
39.7%
Q2 25
36.8%
Q1 25
39.0%
Q4 24
37.6%
Q3 24
38.5%
Q2 24
42.0%
Q1 24
40.2%
Operating Margin
APT
APT
CXDO
CXDO
Q4 25
6.9%
6.3%
Q3 25
7.4%
7.5%
Q2 25
8.0%
6.7%
Q1 25
3.3%
7.2%
Q4 24
4.9%
3.9%
Q3 24
5.2%
0.9%
Q2 24
10.5%
3.9%
Q1 24
2.4%
3.4%
Net Margin
APT
APT
CXDO
CXDO
Q4 25
5.0%
6.7%
Q3 25
6.6%
8.3%
Q2 25
7.5%
7.4%
Q1 25
4.4%
7.3%
Q4 24
6.1%
3.1%
Q3 24
6.0%
0.9%
Q2 24
10.1%
4.0%
Q1 24
4.3%
3.0%
EPS (diluted)
APT
APT
CXDO
CXDO
Q4 25
$0.06
$0.03
Q3 25
$0.09
$0.05
Q2 25
$0.12
$0.04
Q1 25
$0.06
$0.04
Q4 24
$0.07
$0.03
Q3 24
$0.08
$0.00
Q2 24
$0.15
$0.02
Q1 24
$0.05
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APT
APT
CXDO
CXDO
Cash + ST InvestmentsLiquidity on hand
$17.0M
Total DebtLower is stronger
$114.0K
Stockholders' EquityBook value
$62.5M
$63.8M
Total Assets
$74.1M
$77.7M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
CXDO
CXDO
Q4 25
$17.0M
Q3 25
$17.7M
Q2 25
$14.5M
Q1 25
$13.4M
Q4 24
$18.6M
Q3 24
$18.4M
Q2 24
$16.2M
Q1 24
$18.5M
Total Debt
APT
APT
CXDO
CXDO
Q4 25
$114.0K
Q3 25
$236.0K
Q2 25
$356.0K
Q1 25
$475.0K
Q4 24
$592.0K
Q3 24
$709.0K
Q2 24
$823.0K
Q1 24
$937.0K
Stockholders' Equity
APT
APT
CXDO
CXDO
Q4 25
$62.5M
$63.8M
Q3 25
$62.5M
$61.3M
Q2 25
$62.2M
$58.3M
Q1 25
$61.7M
$55.2M
Q4 24
$62.2M
$51.4M
Q3 24
$62.1M
$49.5M
Q2 24
$62.0M
$48.2M
Q1 24
$61.6M
$46.8M
Total Assets
APT
APT
CXDO
CXDO
Q4 25
$74.1M
$77.7M
Q3 25
$73.9M
$76.0M
Q2 25
$73.2M
$71.4M
Q1 25
$72.2M
$67.4M
Q4 24
$73.7M
$64.9M
Q3 24
$73.3M
$62.3M
Q2 24
$72.7M
$59.6M
Q1 24
$72.7M
$57.5M
Debt / Equity
APT
APT
CXDO
CXDO
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.01×
Q2 24
0.02×
Q1 24
0.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APT
APT
CXDO
CXDO
Operating Cash FlowLast quarter
$318.0K
$2.3M
Free Cash FlowOCF − Capex
$51.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
1.9%
0.0%
Cash ConversionOCF / Net Profit
0.46×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
CXDO
CXDO
Q4 25
$318.0K
$2.3M
Q3 25
$3.9M
$4.4M
Q2 25
$2.1M
$1.3M
Q1 25
$-4.0M
$1.2M
Q4 24
$2.4M
$2.2M
Q3 24
$5.3M
$1.6M
Q2 24
$-873.0K
$2.7M
Q1 24
$-1.2M
$-166.0K
Free Cash Flow
APT
APT
CXDO
CXDO
Q4 25
$51.0K
Q3 25
$3.8M
Q2 25
$1.9M
$1.3M
Q1 25
$-4.1M
Q4 24
$970.0K
$2.1M
Q3 24
$3.2M
Q2 24
$-1.0M
Q1 24
$-1.3M
FCF Margin
APT
APT
CXDO
CXDO
Q4 25
0.4%
Q3 25
25.9%
Q2 25
11.7%
7.7%
Q1 25
-29.6%
Q4 24
7.0%
13.2%
Q3 24
22.3%
Q2 24
-6.2%
Q1 24
-9.3%
Capex Intensity
APT
APT
CXDO
CXDO
Q4 25
1.9%
0.0%
Q3 25
0.7%
0.0%
Q2 25
0.8%
0.1%
Q1 25
1.0%
0.0%
Q4 24
10.4%
0.2%
Q3 24
15.1%
0.0%
Q2 24
0.8%
0.0%
Q1 24
0.6%
0.0%
Cash Conversion
APT
APT
CXDO
CXDO
Q4 25
0.46×
1.93×
Q3 25
4.02×
3.05×
Q2 25
1.68×
1.05×
Q1 25
-6.46×
1.06×
Q4 24
2.85×
4.29×
Q3 24
6.18×
10.95×
Q2 24
-0.53×
4.51×
Q1 24
-2.03×
-0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APT
APT

Other$7.3M53%
Disposable Protective Apparel$6.6M47%

CXDO
CXDO

Services$8.6M48%
Software Solution Segment$8.3M46%
Products$1.1M6%

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