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Side-by-side financial comparison of Crexendo, Inc. (CXDO) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
Crexendo, Inc. is the larger business by last-quarter revenue ($18.1M vs $14.9M, roughly 1.2× EVERSPIN TECHNOLOGIES INC.). Crexendo, Inc. runs the higher net margin — 6.7% vs -2.0%, a 8.7% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 11.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 12.4%).
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.
Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performs backend foundry services for eMRAM.
CXDO vs MRAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $18.1M | $14.9M |
| Net Profit | $1.2M | $-296.0K |
| Gross Margin | — | 52.7% |
| Operating Margin | 6.3% | 29.0% |
| Net Margin | 6.7% | -2.0% |
| Revenue YoY | 11.2% | 13.2% |
| Net Profit YoY | 140.2% | — |
| EPS (diluted) | $0.03 | $-0.01 |
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.
| Q1 26 | — | $14.9M | ||
| Q4 25 | $18.1M | $14.8M | ||
| Q3 25 | $17.5M | $14.1M | ||
| Q2 25 | $16.6M | $13.2M | ||
| Q1 25 | $16.1M | $13.1M | ||
| Q4 24 | $16.2M | $13.2M | ||
| Q3 24 | $15.6M | $12.1M | ||
| Q2 24 | $14.7M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $1.2M | $1.2M | ||
| Q3 25 | $1.4M | $54.0K | ||
| Q2 25 | $1.2M | $-670.0K | ||
| Q1 25 | $1.2M | $-1.2M | ||
| Q4 24 | $507.0K | $1.2M | ||
| Q3 24 | $148.0K | $2.3M | ||
| Q2 24 | $588.0K | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 50.8% | ||
| Q3 25 | — | 51.3% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 51.4% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | — | 49.2% | ||
| Q2 24 | — | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 6.3% | -7.2% | ||
| Q3 25 | 7.5% | -11.0% | ||
| Q2 25 | 6.7% | -14.9% | ||
| Q1 25 | 7.2% | -14.7% | ||
| Q4 24 | 3.9% | -11.8% | ||
| Q3 24 | 0.9% | -17.5% | ||
| Q2 24 | 3.9% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | 6.7% | 8.1% | ||
| Q3 25 | 8.3% | 0.4% | ||
| Q2 25 | 7.4% | -5.1% | ||
| Q1 25 | 7.3% | -8.9% | ||
| Q4 24 | 3.1% | 9.2% | ||
| Q3 24 | 0.9% | 18.8% | ||
| Q2 24 | 4.0% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.03 | $0.05 | ||
| Q3 25 | $0.05 | $0.00 | ||
| Q2 25 | $0.04 | $-0.03 | ||
| Q1 25 | $0.04 | $-0.05 | ||
| Q4 24 | $0.03 | $0.07 | ||
| Q3 24 | $0.00 | $0.10 | ||
| Q2 24 | $0.02 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $40.5M |
| Total DebtLower is stronger | $114.0K | — |
| Stockholders' EquityBook value | $63.8M | $70.2M |
| Total Assets | $77.7M | $83.2M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | — | $44.5M | ||
| Q3 25 | — | $45.3M | ||
| Q2 25 | — | $45.0M | ||
| Q1 25 | — | $42.2M | ||
| Q4 24 | — | $42.1M | ||
| Q3 24 | — | $39.6M | ||
| Q2 24 | — | $36.8M |
| Q1 26 | — | — | ||
| 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 26 | — | $70.2M | ||
| Q4 25 | $63.8M | $68.9M | ||
| Q3 25 | $61.3M | $65.8M | ||
| Q2 25 | $58.3M | $64.1M | ||
| Q1 25 | $55.2M | $63.0M | ||
| Q4 24 | $51.4M | $62.6M | ||
| Q3 24 | $49.5M | $59.3M | ||
| Q2 24 | $48.2M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $77.7M | $84.6M | ||
| Q3 25 | $76.0M | $80.3M | ||
| Q2 25 | $71.4M | $78.9M | ||
| Q1 25 | $67.4M | $80.2M | ||
| Q4 24 | $64.9M | $77.8M | ||
| Q3 24 | $62.3M | $72.6M | ||
| Q2 24 | $59.6M | $64.6M |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.3M | $570.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | 1.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $2.3M | $2.6M | ||
| Q3 25 | $4.4M | $881.0K | ||
| Q2 25 | $1.3M | $5.0M | ||
| Q1 25 | $1.2M | $1.4M | ||
| Q4 24 | $2.2M | $3.8M | ||
| Q3 24 | $1.6M | $2.8M | ||
| Q2 24 | $2.7M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-975.0K | ||
| Q3 25 | — | $543.0K | ||
| Q2 25 | $1.3M | $3.0M | ||
| Q1 25 | — | $527.0K | ||
| Q4 24 | $2.1M | $2.1M | ||
| Q3 24 | — | $2.8M | ||
| Q2 24 | — | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | -6.6% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | 7.7% | 22.9% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | 13.2% | 15.8% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 24.3% | ||
| Q3 25 | 0.0% | 2.4% | ||
| Q2 25 | 0.1% | 15.1% | ||
| Q1 25 | 0.0% | 6.9% | ||
| Q4 24 | 0.2% | 13.2% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | 0.0% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | 2.19× | ||
| Q3 25 | 3.05× | 16.31× | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 4.29× | 3.16× | ||
| Q3 24 | 10.95× | 1.25× | ||
| Q2 24 | 4.51× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CXDO
| Services | $8.6M | 48% |
| Software Solution Segment | $8.3M | 46% |
| Products | $1.1M | 6% |
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
