Filing Flows › Comparisons › CXDO vs NXPL
Crexendo vs NextPlat: CXDO and NXPL compared
Crexendo is the larger company: $25.2M of revenue in its latest quarter (Q3 2026) against $11.9M for NextPlat (Q2 2026). Crexendo is growing faster (+44% against -10% a year earlier). Crexendo is more profitable, with an operating margin of 4.3% against -1.1%.
Where the money goes: CXDO and NXPL
Crexendo (CXDO) · Q3 2026
Crexendo, Q3 2026: revenue $25.2M (+44% year over year), operating margin 4.3%, net earnings $1.1M, operating cash flow $4.9M. The chart follows the revenue to costs, profit and cash.
NextPlat (NXPL) · Q2 2026
NextPlat, Q2 2026: revenue $11.9M (-10% year over year), operating margin -1.1%, net loss $144K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Crexendo (CXDO) | NextPlat (NXPL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $25.2M | $11.9M |
| Revenue growth, Y/Y | +44% | -10% |
| Operating margin | 4.3% | -1.1% |
| Net earnings | $1.1M | −$144K |
| Net margin | 4.4% | -1.2% |
| Operating cash flow | $4.9M | $1.1M |
Where the revenue comes from
Crexendo
- Cloud Telecommunications Segment: $17.5M (69%)
- Software Solutions Segment: $7.7M (31%)
NextPlat
- Pharmacy Prescription and Other Revenue, Net of PBM Fees: $5.6M (47%)
- E-Commerce Revenue: $4.1M (34%)
- Pharmacy Contract Revenue: $2.2M (19%)
Questions
Which is bigger, Crexendo or NextPlat?
Crexendo is the larger company: $25.2M of revenue in its latest quarter (Q3 2026) against $11.9M for NextPlat (Q2 2026).
Is Crexendo or NextPlat growing faster?
Crexendo is growing faster (+44% against -10% a year earlier).
Which is more profitable, Crexendo or NextPlat?
Crexendo is more profitable, with an operating margin of 4.3% against -1.1%.
More: Crexendo earnings · how Crexendo makes money · NextPlat earnings · how NextPlat makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.