Filing Flows › CXApp (CXAI) › Q1 2026
CXApp (CXAI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
CXApp (CXAI) reported revenue of $950K for the first quarter 2026 (Q1 2026), -22% from a year earlier and -7% from the quarter before. Operating margin was -434.1%, net loss $4.0M (421.4% of revenue).
CXApp, Q1 2026: revenue $950K (-22% year over year), operating margin -434.1%, net loss $4.0M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $950K | -7% | -22% |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $0.9M in Q1 2026, down 22% year over year and down 7% from the previous quarter. Licenses was the largest line at 98% of revenue. Licenses lost $277K year over year (down 23%), 101% of the total change.
Gross margin was 83.2%, down 4.6 points from Q1 2025. Operating costs exceeded revenue by $4.1M, an operating margin of -434.1%. Operating expenses grew 2% against a revenue fall of 22%. The fastest-growing cost line was General & admin (+12%). The quarter ended with a net loss of $4.0M, narrower than the previous quarter's $5.6M loss.
Operating cash flow was −$2.2M. Non-cash charges added back $9K of depreciation and amortization. Working capital and other items added $1.8M.
Questions
What was CXApp's revenue in the first quarter 2026?
CXApp (CXAI) reported revenue of $950K for the first quarter 2026 (Q1 2026), -22% from a year earlier and -7% from the quarter before.
Was CXApp profitable in the first quarter 2026?
Operating loss was $4.1M (-434.1% of revenue) and net loss $4.0M.
Source: CXApp 10-Q on SEC EDGAR.