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Crexendo (CXDO) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Crexendo (CXDO) Q3 2026 earnings results →

Q3 2026 Revenue up 44% year over year to $25.2M · 4¢ of every $1 of revenue kept as net profit · operating margin 4.3%

Crexendo made $25.2M in Q3 2026 (+44% Y/Y): Cloud Telecommunications Segment $17.5M, Software Solutions Segment $7.7M. Operating margin 4.3%, net earnings $1.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.

Revenue$25.2M
Year over year+44%
Operating margin4.3%
Net earnings$1.1M
Operating cash flow$4.9M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $25.2M in Q3 2026, up 44% year over year and up 2% from the previous quarter. Cloud Telecommunications Segment was the largest line at 69% of revenue. Cloud Telecommunications Segment added $7.5M year over year (up 75%), 98% of the total change.

Operating profit was $1.1M, a 4.3% margin (down 3.2 points year over year). Operating profit fell $223K even though revenue rose $7.7M versus Q3 2025, so costs grew faster than sales. Total costs grew 49% against revenue growth of 44%. The fastest-growing cost line was Sales & marketing (+85%). Net earnings were $1.1M, down 23% year over year. The effective tax rate was 2.3%.

Operating cash flow was $4.9M (up 11% year over year), 437% of net earnings. Non-cash charges added back $50K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $2.7M.

Quarterly history

Crexendo revenue by quarterCrexendo revenue by quarter$16.1MQ1 2025$16.6MQ2 2025$17.5MQ3 2025$18.1MQ4 2025$20.7MQ1 2026$24.6MQ2 2026$25.2MQ3 2026
Crexendo net earnings by quarterCrexendo net earnings by quarter$1.2MQ1 2025$1.2MQ2 2025$1.4MQ3 2025$1.2MQ4 2025$578KQ1 2026$1.1MQ2 2026$1.1MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 3, 2026$25.2M+44%4.3%$1.1M$4.9M
Q2 202610-QAug 4, 2026$24.6M+49%4.3%$1.1M$2.8M
Q1 202610-QMay 5, 2026$20.7M+29%2.1%$578K$2.0M
Q4 202510-KMar 3, 2026$18.1M+11%6.3%$1.2M$2.3M
Q3 202510-QNov 4, 2025$17.5M+12%7.5%$1.4M$4.4M
Q2 202510-QAug 5, 2025$16.6M+13%6.7%$1.2M$1.3M
Q1 202510-QMay 6, 2025$16.1M+12%7.2%$1.2M$1.2M

Charts

Crexendo: revenue growth, year over year and quarter over quarterCrexendo: revenue growth, year over year and quarter over quarterY/YQ/Q+12%Q1 2025+13%+3%Q2 2025+12%+6%Q3 2025+11%+3%Q4 2025+29%+15%Q1 2026+49%+19%Q2 2026+44%+2%Q3 2026
Latest (Q3 2026): Y/Y +44%, Q/Q +2%.
Crexendo: where the cash came from (+) and went (−), TTM to Q3 2026Crexendo: where the cash came from (+) and went (−), TTM to Q3 2026Other investing−$26.2MOperating cash flow$12.0MCash drawn (+) / kept (−)$5.7MShares issued$4.8MOther financing$4.1MNet borrowing (+) / repaid (−)−$364KExchange rates−$17K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Crexendo: profit against cash, quarter by quarterCrexendo: profit against cash, quarter by quarterNet incomeOperating cash flow$2.8M$2.2MQ4 2024$1.2M$1.2MQ1 2025$1.2M$1.3MQ2 2025$1.4M$4.4MQ3 2025$1.2M$2.3MQ4 2025$578K$2.0MQ1 2026$1.1M$2.8MQ2 2026$1.1M$4.9MQ3 2026
Latest (Q3 2026): Net income $1.1M, Operating cash flow $4.9M.
Crexendo: diluted shares by fiscal yearCrexendo: diluted shares by fiscal year17MFY202020.28BFY202123MFY202226MFY202330MFY202432MFY2025
+81.6% since FY2020: more shares outstanding (issuance, stock pay).
Crexendo in its industry: growth against margin (15 companies, SIC 4813)Crexendo in its industry: growth against margin (15 companies, SIC 4813)revenue growth, year over year →↑ operating marginmedian +5%median 4%VZTLUMNUNITIDTTDSATNIIQSTSHENNUVRSURGNXPLGLTKATEXCXDO (+44%, 4%)
Telephone Communications (No Radiotelephone); dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Crexendo

Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offering, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over seven million end users globally, through an extensive network of over 240 cloud communication platform software subscribers and our direct retail offering. Our products and services can be categorized in the following offerings:

In its own words, from its 10-K, filed Mar 3, 2026.

Crexendo against its Telephone Communications (No Radiotelephone) peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +44% against the peers' median +5%. Operating margin: 4.3% against the peers' median 4.3%.

CompanyQuarterRevenueY/YOp. margin
CXDO CrexendoQ3 2026$25.2M+44%4.3%
VZ Verizon CommunicationsQ3 2026$34.3B+2%25.2%
T AT&TQ3 2026$32.3B+5%12.7%
LUMN Lumen TechnologiesQ3 2026$2.7B-12%-6.2%
UNIT Uniti GroupQ2 2026$910M+202%3.5%
IDT IDTQ4 FY26$339M+7%9.8%
TDS Telephone & Data SystemsQ3 2026$307M-0.6%-9.8%
ATNI ATN InternationalQ3 2026$183M0%7.1%
IQST iQSTELQ2 2026$109M+51%-1.0%

Source: Crexendo 10-Q on SEC EDGAR · CIK 1075736 · Telephone Communications (No Radiotelephone)

Guidance and outlook

Crexendo: what its forward-looking statements are about (10-Q filed 2026-11-03)Crexendo: what its forward-looking statements are about (10-Q filed 2026-11-03)Demand5Other1Supply chain1
7 statements; tone -0.29 (−1 all cautious, +1 all confident); 0 hedged.
Crexendo: outlook statements against the filing beforeCrexendo: outlook statements against the filing beforeCautious2

13F: who owns CXDO and who is buying

Largest holders of CXDO (13F)Largest holders of CXDO (13F)BlackRock$8.0MRoyce & Associates LP$7.6MVanguard Capital Management LLC$6.1MVanguard Group$5.3MAcadian Asset Management LLC$4.1MGoldman Sachs Group$3.7MGeode Capital Management, LLC$3.4MRenaissance Technologies LLC$3.4MDimensional Fund Advisors LP$3.3MQube Research & Technologies$3.2M
Funds' net buying of CXDO by quarter (13F)Funds' net buying of CXDO by quarter (13F)$3.2M2024-09$150K2024-12$6.9M2025-03$5.4M2025-06$3.4M2025-09$5.2M2025-12$6.6M2026-03$22.6M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CXDO

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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