CXDO · Crexendo, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.71M | - | $17.50M | $16.55M | $16.06M | - | $15.63M | $14.69M | $14.29M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $1.57M | - | $1.41M | $1.44M | $1.52M | - | $1.47M | $1.33M | $1.25M | - |
| SG&A | $5.06M | - | $3.78M | $3.58M | $3.52M | - | $3.69M | $3.43M | $3.30M | - |
| Total Operating Expenses | $20.27M | - | $16.19M | $15.45M | $14.91M | - | $15.49M | $14.11M | $13.80M | - |
| D&A | $45.0K | - | $54.0K | $55.0K | $65.0K | - | $74.0K | $78.0K | $110.0K | - |
| Operating Income | $440.0K | - | $1.30M | $1.10M | $1.15M | - | $135.0K | $580.0K | $483.0K | - |
| Interest Expense | - | - | $0 | $0 | $1.0K | - | $7.0K | $11.0K | $13.0K | - |
| Income Tax | $29.0K | - | $43.0K | $48.0K | $44.0K | - | $46.0K | $27.0K | ($27.0K) | - |
| Net Income | $578.0K | - | $1.45M | $1.23M | $1.17M | - | $148.0K | $588.0K | $434.0K | - |
| EPS - Basic | $0.02 | - | $0.05 | $0.04 | $0.04 | - | $0.01 | $0.02 | $0.02 | - |
| EPS - Diluted | $0.02 | - | $0.05 | $0.04 | $0.04 | - | $0.00 | $0.02 | $0.01 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.25M | $31.38M | $28.57M | $23.45M | $21.21M | $18.19M | $15.45M | $13.61M | $11.04M | $10.35M |
| Accounts Receivable | $6.37M | $4.91M | $4.75M | $5.62M | $4.06M | $4.35M | $3.75M | $3.99M | $4.22M | $3.48M |
| Inventory | $1.17M | $454.0K | $640.0K | $618.0K | $576.0K | $393.0K | $518.0K | $554.0K | $381.0K | $382.0K |
| Accounts Payable | $2.64M | $649.0K | $737.0K | $519.0K | $861.0K | $1.00M | $746.0K | $908.0K | $619.0K | $769.0K |
| Current Assets | $23.03M | $41.90M | $39.31M | $34.63M | $30.15M | $26.88M | $23.86M | $21.89M | $19.05M | $17.29M |
| Total Assets | $91.28M | $77.69M | $75.96M | $71.36M | $67.45M | $64.94M | $62.25M | $59.64M | $57.47M | $56.16M |
| Current Liabilities | $16.79M | $12.33M | $13.60M | $12.10M | $11.12M | $12.09M | $11.15M | $10.44M | $9.61M | $10.26M |
| Long-term Debt | - | $114.0K | $236.0K | $356.0K | $475.0K | $592.0K | $709.0K | $823.0K | $937.0K | - |
| Total Liabilities | $18.57M | $13.87M | $14.61M | $13.06M | $12.23M | $13.53M | $12.78M | $11.45M | $10.70M | $11.55M |
| Stockholders' Equity | $72.71M | $63.82M | $61.34M | $58.30M | $55.22M | $51.41M | $49.47M | $48.19M | $46.77M | $44.61M |
| Retained Earnings | ($81.14M) | ($81.72M) | ($82.94M) | ($84.39M) | ($85.62M) | ($86.79M) | ($87.30M) | ($87.44M) | ($88.03M) | ($88.47M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.04M | - | - | - | $1.24M | - | - | - | ($166.0K) | - |
| Investing Cash Flow | ($26.21M) | - | - | - | $0 | - | - | - | $0 | - |
| Financing Cash Flow | $61.0K | - | - | - | $1.76M | - | - | - | $859.0K | - |
| CapEx | - | - | - | - | $0 | - | - | - | $0 | - |
| Free Cash Flow | - | - | - | - | $1.24M | - | - | - | ($166.0K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 2.1% | - | 7.5% | 6.7% | 7.2% | - | 0.9% | 3.9% | 3.4% | - |
| EBITDA margin | 2.3% | - | 7.8% | 7.0% | 7.6% | - | 1.3% | 4.5% | 4.2% | - |
| Net margin | 2.8% | - | 8.3% | 7.4% | 7.3% | - | 0.9% | 4.0% | 3.0% | - |
| Free cash flow margin | - | - | - | - | 7.7% | - | - | - | -1.2% | - |
| FCF / Net income | - | - | - | - | 1.06 | - | - | - | -0.38 | - |
| R&D / Revenue | 7.6% | - | 8.1% | 8.7% | 9.5% | - | 9.4% | 9.0% | 8.7% | - |
| SG&A / Revenue | 24.4% | - | 21.6% | 21.7% | 21.9% | - | 23.6% | 23.4% | 23.1% | - |
| Effective tax rate | 4.8% | - | 2.9% | 3.8% | 3.6% | - | 23.7% | 4.4% | -6.6% | - |
| Return on assets | 0.6% | - | 1.9% | 1.7% | 1.7% | - | 0.2% | 1.0% | 0.8% | - |
| Return on equity | 0.8% | - | 2.4% | 2.1% | 2.1% | - | 0.3% | 1.2% | 0.9% | - |
| Return on invested capital | - | - | 2.1% | 1.8% | 2.0% | - | 0.2% | 1.1% | 1.0% | - |
| Liquidity | ||||||||||
| Current ratio | 1.37 | 3.40 | 2.89 | 2.86 | 2.71 | 2.22 | 2.14 | 2.10 | 1.98 | 1.69 |
| Quick ratio | 1.30 | 3.36 | 2.84 | 2.81 | 2.66 | 2.19 | 2.09 | 2.04 | 1.94 | 1.65 |
| Cash ratio | 0.43 | 2.55 | 2.10 | 1.94 | 1.91 | 1.50 | 1.39 | 1.30 | 1.15 | 1.01 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | - |
| Debt / Assets | - | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | - |
| Debt / EBITDA | - | - | 0.17 | 0.31 | 0.39 | - | 3.39 | 1.25 | 1.58 | - |
| Interest coverage | - | - | - | - | 1150.0x | - | 19.3x | 52.7x | 37.2x | - |
| Equity multiplier | 1.26 | 1.22 | 1.24 | 1.22 | 1.22 | 1.26 | 1.26 | 1.24 | 1.23 | 1.26 |
| Liabilities / Assets | 0.20 | 0.18 | 0.19 | 0.18 | 0.18 | 0.21 | 0.21 | 0.19 | 0.19 | 0.21 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | - | 0.23 | 0.23 | 0.24 | - | 0.25 | 0.25 | 0.25 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 112d | - | 99d | 124d | 92d | - | 88d | 99d | 108d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 308.5x | - | 130.0x | 151.8x | 121.8x | - | - | 157.3x | 481.0x | - |
| P / B | 2.8x | - | 3.4x | 3.3x | 2.7x | - | 2.8x | 1.9x | 3.1x | - |
| P / S | 9.7x | - | 11.8x | 11.5x | 9.4x | - | 8.9x | 6.3x | 10.1x | - |
| EV / EBITDA | 400.8x | - | 131.3x | 144.3x | 107.6x | - | 592.3x | 121.6x | 227.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 29.0% | - | 12.0% | 12.7% | 12.4% | - | 12.6% | 15.9% | 14.4% | - |
| Revenue CAGR (3y) | 18.4% | - | 24.3% | 23.2% | 25.3% | - | 21.1% | 36.5% | 46.9% | - |
| Revenue CAGR (5y) | 35.7% | - | 33.4% | 32.5% | 32.9% | - | 34.1% | 32.4% | 32.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -61.7% | - | 866.7% | 90.2% | 138.1% | - | -62.9% | - | - | - |
| Net income growth (YoY) | -50.6% | - | 879.7% | 109.5% | 169.8% | - | -91.3% | - | - | - |
| EPS growth (YoY) | -50.0% | - | - | 100.0% | 300.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | 38.0% | 5.9% | 32.0% | - | - | 0.0% | -12.9% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 89.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 31.7% | 24.1% | 24.0% | 21.0% | 18.1% | 15.2% | 13.2% | 17.3% | 14.4% | 7.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$204.50M totalReportable Segment$68.17M · 33.3%
Cloud Telecommunications Segment$38.50M · 18.8%
Cloud Telecommunications Service Segment$38.50M · 18.8%
Software Solution Segment$29.66M · 14.5%
Software Solutions Segment$29.66M · 14.5%
Product / service
$38.50M totalService$33.78M · 87.7%
Product$4.72M · 12.3%
Geographic
$68.17M totalUnited State$63.87M · 93.7%
International$4.30M · 6.3%
Peer comparison
Same SIC group: Telephone Communications (No Radiotelephone)
Comparing Crexendo against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Mar 30, 2023 | $0.0050 |
| Nov 25, 2022 | $0.0050 |
| Aug 22, 2022 | $0.0050 |
| May 26, 2022 | $0.0050 |
| Feb 17, 2022 | $0.0050 |