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Side-by-side financial comparison of Crexendo, Inc. (CXDO) and NATIONAL RESEARCH CORP (NRC). Click either name above to swap in a different company.
NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $18.1M, roughly 1.9× Crexendo, Inc.). Crexendo, Inc. runs the higher net margin — 6.7% vs 5.1%, a 1.6% gap on every dollar of revenue. On growth, Crexendo, Inc. posted the faster year-over-year revenue change (11.2% vs -4.6%). Over the past eight quarters, Crexendo, Inc.'s revenue compounded faster (12.4% CAGR vs -0.2%).
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.
National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.
CXDO vs NRC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.1M | $35.2M |
| Net Profit | $1.2M | $1.8M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | 13.3% |
| Net Margin | 6.7% | 5.1% |
| Revenue YoY | 11.2% | -4.6% |
| Net Profit YoY | 140.2% | -72.6% |
| EPS (diluted) | $0.03 | $49.58 |
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.
| Q4 25 | $18.1M | $35.2M | ||
| Q3 25 | $17.5M | $34.6M | ||
| Q2 25 | $16.6M | $34.0M | ||
| Q1 25 | $16.1M | $33.6M | ||
| Q4 24 | $16.2M | $36.9M | ||
| Q3 24 | $15.6M | $35.8M | ||
| Q2 24 | $14.7M | $35.0M | ||
| Q1 24 | $14.3M | $35.3M |
| Q4 25 | $1.2M | $1.8M | ||
| Q3 25 | $1.4M | $4.1M | ||
| Q2 25 | $1.2M | $-106.0K | ||
| Q1 25 | $1.2M | $5.8M | ||
| Q4 24 | $507.0K | $6.6M | ||
| Q3 24 | $148.0K | $5.7M | ||
| Q2 24 | $588.0K | $6.2M | ||
| Q1 24 | $434.0K | $6.4M |
| Q4 25 | 6.3% | 13.3% | ||
| Q3 25 | 7.5% | 22.4% | ||
| Q2 25 | 6.7% | 4.7% | ||
| Q1 25 | 7.2% | 25.6% | ||
| Q4 24 | 3.9% | 26.0% | ||
| Q3 24 | 0.9% | 22.3% | ||
| Q2 24 | 3.9% | 25.3% | ||
| Q1 24 | 3.4% | 24.8% |
| Q4 25 | 6.7% | 5.1% | ||
| Q3 25 | 8.3% | 11.9% | ||
| Q2 25 | 7.4% | -0.3% | ||
| Q1 25 | 7.3% | 17.2% | ||
| Q4 24 | 3.1% | 17.8% | ||
| Q3 24 | 0.9% | 15.9% | ||
| Q2 24 | 4.0% | 17.6% | ||
| Q1 24 | 3.0% | 18.0% |
| Q4 25 | $0.03 | $49.58 | ||
| Q3 25 | $0.05 | $0.18 | ||
| Q2 25 | $0.04 | $-0.01 | ||
| Q1 25 | $0.04 | $0.25 | ||
| Q4 24 | $0.03 | $0.27 | ||
| Q3 24 | $0.00 | $0.24 | ||
| Q2 24 | $0.02 | $0.26 | ||
| Q1 24 | $0.01 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.1M |
| Total DebtLower is stronger | $114.0K | — |
| Stockholders' EquityBook value | $63.8M | $14.0M |
| Total Assets | $77.7M | $134.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | — | $4.2M | ||
| Q3 24 | — | $3.5M | ||
| Q2 24 | — | $485.0K | ||
| Q1 24 | — | $1.7M |
| Q4 25 | $114.0K | — | ||
| Q3 25 | $236.0K | — | ||
| Q2 25 | $356.0K | — | ||
| Q1 25 | $475.0K | — | ||
| Q4 24 | $592.0K | — | ||
| Q3 24 | $709.0K | $48.7M | ||
| Q2 24 | $823.0K | $33.3M | ||
| Q1 24 | $937.0K | $35.2M |
| Q4 25 | $63.8M | $14.0M | ||
| Q3 25 | $61.3M | $14.3M | ||
| Q2 25 | $58.3M | $21.3M | ||
| Q1 25 | $55.2M | $29.7M | ||
| Q4 24 | $51.4M | $31.3M | ||
| Q3 24 | $49.5M | $34.6M | ||
| Q2 24 | $48.2M | $40.2M | ||
| Q1 24 | $46.8M | $36.9M |
| Q4 25 | $77.7M | $134.9M | ||
| Q3 25 | $76.0M | $135.7M | ||
| Q2 25 | $71.4M | $141.4M | ||
| Q1 25 | $67.4M | $135.2M | ||
| Q4 24 | $64.9M | $132.5M | ||
| Q3 24 | $62.3M | $131.8M | ||
| Q2 24 | $59.6M | $119.1M | ||
| Q1 24 | $57.5M | $120.9M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | 0.01× | 1.41× | ||
| Q2 24 | 0.02× | 0.83× | ||
| Q1 24 | 0.02× | 0.95× |
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 | $7.2M |
| Free Cash FlowOCF − Capex | — | $6.1M |
| FCF MarginFCF / Revenue | — | 17.2% |
| Capex IntensityCapex / Revenue | 0.0% | 3.2% |
| Cash ConversionOCF / Net Profit | 1.93× | 3.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $15.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $7.2M | ||
| Q3 25 | $4.4M | $13.8M | ||
| Q2 25 | $1.3M | $-1.1M | ||
| Q1 25 | $1.2M | $6.6M | ||
| Q4 24 | $2.2M | $6.4M | ||
| Q3 24 | $1.6M | $9.4M | ||
| Q2 24 | $2.7M | $6.8M | ||
| Q1 24 | $-166.0K | $12.0M |
| Q4 25 | — | $6.1M | ||
| Q3 25 | — | $10.2M | ||
| Q2 25 | $1.3M | $-4.1M | ||
| Q1 25 | — | $3.7M | ||
| Q4 24 | $2.1M | $1.9M | ||
| Q3 24 | — | $7.8M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $7.9M |
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 29.4% | ||
| Q2 25 | 7.7% | -12.2% | ||
| Q1 25 | — | 10.9% | ||
| Q4 24 | 13.2% | 5.2% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 22.4% |
| Q4 25 | 0.0% | 3.2% | ||
| Q3 25 | 0.0% | 10.4% | ||
| Q2 25 | 0.1% | 8.8% | ||
| Q1 25 | 0.0% | 8.9% | ||
| Q4 24 | 0.2% | 12.0% | ||
| Q3 24 | 0.0% | 4.5% | ||
| Q2 24 | 0.0% | 15.0% | ||
| Q1 24 | 0.0% | 11.7% |
| Q4 25 | 1.93× | 3.99× | ||
| Q3 25 | 3.05× | 3.34× | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.06× | 1.15× | ||
| Q4 24 | 4.29× | 0.97× | ||
| Q3 24 | 10.95× | 1.66× | ||
| Q2 24 | 4.51× | 1.10× | ||
| Q1 24 | -0.38× | 1.89× |
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% |
NRC
Segment breakdown not available.
