Here are the 10-Q quarterly reports from Crexendo Inc (CXDO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CXDO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CXDO filings page.
Crexendo, Inc. (CXDO) reported third-quarter revenue of $25.182 million for the three months ended September 30, 2026, versus $17.497 million a year earlier. Service revenue was $15.052 million, software solutions revenue $7.695 million and product revenue $2.435 million. Net income was $1.118 million, compared with $1.450 million; operating income was $1.082 million versus $1.305 million.
For the nine months ended September 30, 2026, revenue was $70.538 million versus $50.106 million and net income was $2.747 million versus $3.853 million. Operating cash flow was $9.675 million versus $6.950 million. Cash and equivalents were $22.841 million at September 30, 2026, compared with $31.378 million at December 31, 2025.
Crexendo closed its purchase of Estech Systems, LLC and ESI Hosted Services, LLC on March 1, 2026, for $34.733 million: $27.300 million in cash and 1,159,638 common shares valued at $7.433 million. ESI's historical results were not significant to Crexendo's reported results for the periods presented.
Crexendo, Inc. reported higher Q2 2026 revenue of $24,646 (in thousands), up from $16,552 (in thousands) a year earlier, with growth in both Cloud Telecommunications and Software Solutions. Service and product revenues increased, while software solutions revenue also rose.
Despite this growth, Q2 net income was $1,051 (in thousands), below $1,232 a year earlier, as operating expenses and amortization increased. In March 2026 the company acquired ESI for total consideration of $34,733 (including $27,300 cash and $7,433 in common stock), adding goodwill of $4,716 and raising intangible assets to $38,302 (in thousands). Cash and cash equivalents declined to $18,289 from $31,378 at December 31, 2025, largely due to $26,209 of acquisition-related investing outflows, while operating cash flow for the first half of 2026 improved to $4,788 (in thousands).
Crexendo, Inc. reported Q1 2026 revenue of $20.7M, up from $16.1M a year earlier, driven by growth in both cloud telecommunications and software solutions. Net income was $0.6M, down from $1.2M, as operating expenses and amortization increased.
Total assets rose to $91.3M, with cash and cash equivalents declining to $7.2M after closing the ESI acquisition. The company acquired ESI for total consideration of $34.7M, including $27.3M in cash and $7.4M in stock, adding new customer relationships, intangibles, and goodwill.
Crexendo, Inc. (CXDO) filed its Q3 2025 Form 10‑Q, reporting higher revenue and profits. Total revenue was $17.5 million for the quarter, up from $15.6 million a year ago. Net income was $1.45 million versus $148 thousand, with diluted EPS of $0.05. For the nine months, revenue reached $50.1 million compared with $44.6 million, and net income rose to $3.85 million.
Segment trends were balanced: cloud telecommunications contributed $10.0 million and software solutions $7.5 million in Q3, including $2.07 million of software licenses and $5.14 million of subscriptions and support. Gross cost lines were steady, keeping operating income positive at $1.31 million. Cash and cash equivalents were $28.6 million as of September 30, 2025, up from $18.2 million at year‑end, aided by $6.95 million net cash from operating activities and $4.14 million from option exercises year‑to‑date. Shares outstanding were 30,731,048 as of October 31, 2025.