Filing Flows › Crexendo (CXDO) › Q1 2025
Crexendo (CXDO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Crexendo (CXDO) reported revenue of $16.1M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -1% from the quarter before. Operating margin was 7.2%, net earnings $1.2M (7.3% of revenue).
Crexendo, Q1 2025: revenue $16.1M (+12% year over year), operating margin 7.2%, net earnings $1.2M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.1M | -1% | +12% |
| Operating profit | $1.1M | +84% | +138% |
| Net earnings | $1.2M | +131% | +170% |
| Operating cash flow | $1.2M | -43% | — |
What changed
Revenue was $16.1M in Q1 2025, up 12% year over year and down 1% from the previous quarter. Cloud Telecommunications Segment was the largest line at 57% of revenue. Software Solutions Segment added $1.7M year over year (up 33%), 97% of the total change.
Operating profit was $1.1M, a 7.2% margin (up 3.8 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 3% margin then. Total costs grew 8% against revenue growth of 12%. The fastest-growing cost line was Research & development (+22%). Net earnings were $1.2M, up 170% year over year. The effective tax rate was 3.6%.
Operating cash flow was $1.2M, 106% of net earnings. Non-cash charges added back $65K of depreciation and amortization and $726K of share-based compensation. Working capital and other items used $724K.
Questions
What was Crexendo's revenue in the first quarter 2025?
Crexendo (CXDO) reported revenue of $16.1M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -1% from the quarter before.
Was Crexendo profitable in the first quarter 2025?
Operating profit was $1.1M (7.2% of revenue) and net earnings $1.2M.
Source: Crexendo 10-Q on SEC EDGAR.