Crexendo, Inc. Earnings Recaps
Q2 2026
Aug 6, 2026
Shares fell 8.2% following the Q2 report as investors reacted negatively to signs of deceleration in organic growth and cautious outlook cues, despite strong overall revenue expansion driven by acquisitions.
Key takeaways
- Total revenue grew 49% year-over-year to $24.6 million, largely fueled by the ESI acquisition.
- Organic revenue growth slowed to 7% year-over-year for the quarter, marking a deceleration from prior trends.
- Service revenue, underscored by the acquisition, rose 78% to $14.9 million; Software Solutions revenue was up 5% to $7.3 million with a 70% gross margin.
- The company maintained GAAP profitability with $1.1 million net income and generated $4.8 million in operating cash flow year-to-date.
- Though management expressed enthusiasm about AI initiatives and platform enhancements, AI revenues remain immaterial and the next major software release is projected for Q2 2027.
Q3 2025
Nov 5, 2025
Crexendo reported impressive Q3 2025 results, with a 12% year-over-year revenue increase and solid profitability, demonstrating the efficacy of its growth strategy and AI-driven innovations.
Key takeaways
- Revenue reached $1.5 million in GAAP net income and $3 million in non-GAAP net income.
- Software solutions revenue surged by 28%, signalling strong demand for Crexendo’s offerings.
- Customer satisfaction is reinforced by #1 rankings in 18 categories by G2, emphasizing exceptional service in the SMB market.
- Over 7 million end users have adopted the platform, highlighting substantial scalability and market penetration.
- Continued investments in AI and next-gen solutions position Crexendo for sustained growth and competitive advantage.