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Crexendo Surpasses 8 Million Users as Global Adoption of Its Cloud Communications Platform Accelerates

(Moderate)
(Very Positive)
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Crexendo (NASDAQ:CXDO) announced that its AI-enhanced UCaaS cloud communications platform now supports over 8 million users worldwide, up by about one million users since late 2025. The platform user base has increased more than 370% since the June 2021 acquisition of NetSapiens, when it supported approximately 1.7 million users.

According to Crexendo, its technology is delivered through a global community of over 250 cloud communications platform software subscribers, and it added 11 new licensees in the first half of 2026. The company highlights AI innovations such as its CAIRO AI Receptionist/Orchestrator, which has received 2026 industry awards for AI and automation capabilities.

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Positive

  • Platform scale now exceeds 8 million UCaaS users worldwide
  • User base growth of more than 370% since June 2021 acquisition of NetSapiens
  • 11 new licensees added in the first six months of 2026

Negative

  • None.

News Explained

The 8 million-user milestone is a count of UCaaS application seats, including individual licenses, conference bridges, call queues and SIP trunks; it therefore is not solely a count of individual people.

Market Reaction – CXDO

+2.70% $6.47
15m delay
+2.70% Vs previous close
$6.47 Last Price
$6.46 $6.59 Day Range
$227.79M Market Cap
1.4x Rel. Volume

Following this news, CXDO has gained 2.70%, reflecting a moderate positive market reaction. The stock is currently trading at $6.47.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The platform classified CXDO's short positioning as low. That context frames the milestone primarily...
Analysis

The platform classified CXDO's short positioning as low. That context frames the milestone primarily as an adoption update rather than a short-positioning event. A watchpoint is whether user growth translates into financial results, which this announcement does not quantify.

Key Figures

Platform users: over 8 million users Users added: approximately 1 million users User-base growth: more than 370% +4 more
7 metrics
Platform users over 8 million users Worldwide platform milestone
Users added approximately 1 million users Added in eight months
User-base growth more than 370% Since the June 2021 NetSapiens acquisition
Acquisition-period users approximately 1.7 million users Platform users when NetSapiens was acquired in June 2021
Platform subscribers more than 250 subscribers Global cloud communications platform software subscribers
New licensees 11 new licensees First six months of 2026
Growth period 60 months Period cited for more than 370% platform user-base growth

Historical Context

5 past events · Latest: Aug 04 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 04 2Q26 earnings report Positive -11.3% Revenue growth and profitability improvement accompanied by a negative 24-hour price reaction
Jul 30 Leadership change Neutral +1.9% Internal CTO succession announcement was followed by a positive 1.95% reaction
Jul 17 Earnings scheduling notice Neutral +0.4% Second-quarter results conference call scheduling preceded a positive 0.39% reaction
Jul 07 AI recognition Positive +0.3% G2 AI platform rankings were followed by a positive 0.25% reaction
May 28 AI product award Positive +1.8% CAIRO product award recognition was followed by a positive 1.79% reaction

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive AI and leadership announcements aligned with gains, while the latest positive earnings report diverged with a -11.31% 24-hour reaction.

Key Terms

ucaas, sip trunks
2 terms
ucaas technical
"cloud communication platform software and unified communications as a service (UCaaS)"
Unified Communications as a Service (UCaaS) is a cloud-based bundle of business communication tools — such as phone calling, video meetings, messaging, and voicemail — delivered over the internet instead of on-site hardware. For investors, UCaaS matters because it shifts companies from buying and maintaining equipment to paying recurring subscription fees, creating predictable revenue for providers and signaling how widely businesses are adopting flexible, remote-ready communications, which can affect growth and valuation.
sip trunks technical
"applications such as conference bridges, call queues, and SIP trunks"
A SIP trunk is a virtual phone connection that uses internet protocols to carry voice and other real-time communications between a business and the public phone network, replacing traditional physical phone lines. Think of it like switching from mailed letters to email for phone calls: it bundles many call channels over a single internet link, affecting a company’s communication costs, scalability, redundancy, and how easily it adds or moves phone capacity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Platform adds approximately one million users in eight months and has grown more than 370% since the NetSapiens acquisition

PHOENIX, AZ / ACCESS Newswire / August 11, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that its AI-enhanced UCaaS software platform now supports over 8 million users worldwide*.

The milestone represents the addition of approximately one million users since the platform surpassed 7 million users in late 2025. When Crexendo acquired NetSapiens in June 2021, the platform supported approximately 1.7 million users, since then, its user base has grown by more than 370%. This continued expansion demonstrates the increasing scale of Crexendo's platform, the strength of its service-provider community and growing adoption of its cloud communications technology.

Crexendo continues to expand the capabilities available to its global community of more than 250 cloud communications platform software subscribers. Recent innovations include CAIRO, Crexendo's AI Receptionist/Orchestrator, which uses artificial intelligence and automation to help businesses manage customer interactions, streamline workflows and improve responsiveness.

Crexendo's AI innovations have received significant industry recognition. CAIRO was named a 2026 CUSTOMER Product of the Year, while Crexendo also received recognition for Generative AI and AI automation capabilities incorporated into the NetSapiens platform. These awards reinforce the company's strategy of delivering advanced, scalable technology that enables its service providers to compete more effectively and expand the solutions offered to their customers.

"Surpassing 8 million users is a tremendous accomplishment validating the strength, scalability and continued momentum of our platform," said Jeff Korn, CEO and Chairman of Crexendo. "We have added approximately one million users in about eight months and have grown the platform's user base by more than 370% over the last 60 months. In addition, we added 11 new licensees in the first six months of 2026. The growth of the Platform continues to be exceptional, and I believe our award-winning AI offerings will only help accelerate that growth. Our AI solutions give service providers a genuine competitive edge and are driving real, measurable results growth, profitability, and expansion for our partners. We're proud of what this milestone represents, and we're excited about what's on the horizon for our platform's evolution"

"The significance of this milestone extends beyond the user count. A larger platform community expands the reach of every innovation we introduce and increases the opportunity for our service providers to deliver advanced AI-powered solutions such as CAIRO to their customers. We believe our combination of scale, innovation and a growing partner ecosystem positions Crexendo exceptionally well for continued long-term growth."

With the demand for AI-enhanced business communications technology accelerating around the globe, Crexendo's commitment to AI innovation equips service providers with the solutions they need to scale and win in their markets. By building future-ready AI capabilities like CAIRO into its platform, Crexendo is redefining what's possible in cloud communications and delivering lasting value for its service provider community worldwide.

*Users are defined as UCaaS application user seats including individual user licenses as well as applications such as conference bridges, call queues, and SIP trunks.

About Crexendo
Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform and services, video collaboration and managed IT services tailored to businesses of all sizes. Our solutions currently support over eight million end users globally, through our extensive global network of over 250 cloud communication platform software subscribers and our direct retail offering. For more information, please visit www.crexendo.com.

Safe Harbor Statement
This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor'' for such forward-looking statements. The words, "believe,'' "expect,'' "anticipate,'' "estimate," "will'' and other similar statements of expectation identify forward-looking statements. Specific forward-looking statements in this press release include information about Crexendo (i) believing that surpassing 8 million users is a tremendous accomplishment validating the strength, scalability and continued momentum of the platform; (ii) believing the growth of the Platform continues to be exceptional, and that the award-winning AI offerings will only help accelerate that growth; (iii) believing that the AI solutions give service providers a genuine competitive edge and are driving real, measurable results growth, profitability, and expansion for partners; (iv) being proud of what this milestone represents and what's on the horizon for platform's evolution; (v) believing the significance of this milestone extends beyond the user count and that a larger platform community expands the reach of every innovation introduced and increases the opportunity for service providers to deliver advanced AI-powered solutions such as CAIRO to their customers and (vi) believing the combination of scale, innovation and a growing partner ecosystem positions the Company exceptionally well for continued long-term growth.

For a more detailed discussion of risk factors that may affect Crexendo's operations and results, please refer to the company's Form 10-K for the year ended December 31, 2025, and Form 10-Qs as filed with the SEC. These forward-looking statements speak only as of the date on which such statements are made, and the company undertakes no obligation to update such forward-looking statements, except as required by law.

Crexendo Contact:
Doug Gaylor
President and Chief Operating Officer
dgaylor@crexendo.com
602-732-7990

SOURCE: Crexendo, Inc.



View the original press release on ACCESS Newswire

FAQ

What milestone did Crexendo (NASDAQ:CXDO) announce on August 11, 2026?

Crexendo announced its cloud communications platform now supports over 8 million users worldwide. According to Crexendo, this reflects rapid expansion of its AI-enhanced UCaaS platform, delivered through more than 250 cloud communications platform software subscribers and its direct retail offering to business customers globally.

How fast has Crexendo's CXDO cloud communications user base grown since acquiring NetSapiens?

Crexendo reports its platform user base has grown more than 370% since acquiring NetSapiens in June 2021. According to Crexendo, users increased from about 1.7 million then to over 8 million now, including roughly one million additional users added in the last eight months.

How many new licensees did Crexendo (CXDO) add in the first half of 2026?

Crexendo added 11 new licensees in the first six months of 2026. According to Crexendo, these licensees join a broader global community of more than 250 cloud communications platform software subscribers that use its UCaaS and AI-enhanced capabilities to serve business customers.

What is Crexendo's CAIRO AI Receptionist and how does it support CXDO's platform growth?

CAIRO is Crexendo's AI Receptionist/Orchestrator designed to manage customer interactions and streamline workflows. According to Crexendo, CAIRO uses artificial intelligence and automation to improve responsiveness and has earned a 2026 CUSTOMER Product of the Year award, enhancing the platform’s AI value proposition.

How does Crexendo define a user on its 8 million-user UCaaS platform?

Crexendo defines users as UCaaS application user seats, including individual user licenses and certain applications. According to Crexendo, this definition covers items such as conference bridges, call queues and SIP trunks, providing a standardized way to measure the total platform footprint.

How many cloud communication subscribers does Crexendo (CXDO) work with globally?

Crexendo works with more than 250 cloud communication platform software subscribers worldwide. According to Crexendo, this extensive service-provider community distributes its cloud communications, video collaboration and AI-enhanced UCaaS solutions to over eight million end users across businesses of all sizes.