CXApp Inc. (CXAI) Income Statement
CXAI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCXAI revenue and net income
Where CXAI's revenue goes
2025Each bar shows an amount and its share of revenue. CXAI kept −294.0% of revenue as net income.
CXAI profit margins
CXAI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −35.8% | −18.5% | — | — |
| Gross profit | −78.3% | −41.6% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CXAI quarterly EPS vs estimates
CXApp beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 11, 2026.
CXAI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $4.6M | $7.1M | $7.4M | $8.5M | $0 | $0 |
| Cost of revenue | $3.3M | $1.3M | $1.8M | $2.1M | — | — |
| Gross profit | $1.3M | $5.9M | $5.6M | $6.4M | — | — |
| Research & development | $6.6M | $6.4M | $7.0M | $9.3M | — | — |
| Sales, general & admin | $10.1M | $10.5M | $11.9M | $16.7M | — | — |
| Total operating expenses | $16.7M | $19.6M | $58.2M | $35.4M | $1.5M | $606,679 |
| Operating income | −$15.4M | −$13.7M | −$52.6M | −$29.0M | −$1.5M | −$606,679 |
| Interest income | — | — | — | $421,580 | $68,367 | — |
| Interest expense | $701,000 | $1.8M | — | — | — | — |
| Income before taxes | −$13.5M | −$20.0M | −$57.2M | −$29.0M | $9.2M | −$9.8M |
| Income taxes | −$46,000 | −$635,000 | −$3.6M | $153,000 | −$68,367 | −$607,000 |
| Net income | −$13.5M | −$19.4M | −$53.6M | −$29.2M | $9.2M | −$9.8M |
| EBITDA | −$9.7M | −$15.1M | −$53.6M | −$18.7M | $9.2M | −$4.1M |
| EPS (diluted) | −$0.58 | −$3.42 | −$61.77 | $0.66 | $9.65 | −$0.01 |
| Gross margin | 27.8% | 82.0% | 76.2% | 75.6% | — | — |
| Operating margin | −336.7% | −192.4% | −713.9% | −342.7% | — | — |
| Net margin | −294.0% | −271.7% | −727.9% | −344.5% | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M | $950,000 | $1.0M | $1.1M | $1.2M | $1.2M | $1.7M | $1.9M | $1.8M | $1.8M | $1.7M | $1.8M |
| Cost of revenue | $623,000 | $843,000 | $817,000 | $123,000 | $171,000 | $150,000 | $233,000 | $372,000 | $353,000 | $327,000 | $995,000 | $358,000 |
| Gross profit | $1.1M | $107,000 | $205,000 | −$123,000 | $1.1M | $1.1M | $1.4M | $1.5M | $1.4M | $1.5M | $724,000 | $1.4M |
| Research & development | $1.7M | $1.5M | $1.5M | $1.5M | $2.2M | $1.5M | $1.5M | $1.6M | $1.7M | $1.6M | $1.9M | $1.6M |
| Sales, general & admin | $2.8M | $2.7M | $2.5M | $1.8M | $2.3M | $2.7M | $2.4M | $2.6M | $2.6M | $2.8M | $2.3M | $3.3M |
| Total operating expenses | $5.2M | $4.2M | $4.0M | $3.3M | $5.2M | $4.8M | $4.8M | $4.9M | $5.1M | $5.1M | $4.1M | $5.6M |
| Operating income | −$4.1M | −$4.1M | −$3.7M | −$3.4M | −$4.1M | −$3.7M | −$3.2M | −$3.3M | −$3.6M | −$3.6M | −$3.4M | −$4.2M |
| Interest income | — | $17,000 | — | — | — | — | — | — | — | — | — | — |
| Interest expense | $168,000 | $17,000 | $394,000 | $107,000 | $163,000 | $37,000 | — | $312,000 | $684,000 | $262,000 | — | — |
| Income before taxes | −$9.3M | −$4.0M | −$5.6M | −$3.2M | −$3.1M | −$1.6M | −$4.1M | −$5.2M | −$5.4M | −$5.4M | −$39.3M | $1.0M |
| Income taxes | −$651,000 | $2,000 | −$47,000 | — | $1,000 | −$122,000 | — | −$147,000 | −$159,000 | −$207,000 | −$614,000 | −$417,000 |
| Net income | −$8.6M | −$4.0M | −$5.6M | −$3.2M | −$3.1M | −$1.6M | −$4.0M | −$5.0M | −$5.3M | −$5.2M | −$38.7M | $1.4M |
| EBITDA | −$8.3M | −$3.2M | −$4.4M | −$2.3M | −$2.2M | −$784,000 | — | −$4.0M | −$3.9M | −$4.3M | −$38.5M | −$3.4M |
| EPS (diluted) | −$0.10 | −$4.50 | −$0.21 | −$0.13 | −$0.16 | −$0.08 | −$0.22 | −$0.32 | −$0.34 | −$2.54 | −$3.39 | −$0.27 |
| Gross margin | 63.2% | 11.3% | 20.1% | −11.0% | 86.0% | 87.7% | 86.0% | 80.4% | 80.0% | 82.0% | 42.1% | 79.8% |
| Operating margin | −243.2% | −434.1% | −366.7% | −303.8% | −336.1% | −306.0% | −191.3% | −175.3% | −206.7% | −197.3% | −198.0% | −238.9% |
| Net margin | −508.9% | −421.4% | −544.1% | −283.4% | −256.7% | −132.0% | −239.5% | −263.8% | −297.6% | −284.4% | −2,251.7% | 81.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CXAI's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CXAI financial results
In fiscal year 2025 (ended December 31, 2025), CXApp reported revenue of $4.6 million, down 35.8% from the year before. It had a net loss of $13.5 million, a net profit margin of −294.0%. Diluted earnings per share came to −$0.58.
See the CXAI stock overview for the latest quote and news, or the CXAI chart for price history and technical indicators.
CXAI income statement FAQ
What is CXApp's annual revenue?
CXApp reported total revenue of $4.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 35.8% from $7.1 million the previous year.
Is CXApp profitable?
No. CXApp reported a net loss of $13.5 million in fiscal 2025, a net profit margin of −294.0%; its operating margin was −336.7%.
What is CXApp's gross margin?
CXApp's gross margin was 27.8% in fiscal 2025: for every $100 of revenue, CXApp kept $28 after the direct cost of its products and services.
How much does CXApp spend on research and development?
CXApp spent $6.6 million on research and development in fiscal 2025, 144.8% of revenue.
What are CXApp's earnings per share?
CXApp earned $-0.58 per diluted share in fiscal 2025, compared with $-3.42 a year earlier.
When will CXApp report its next earnings?
CXApp is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does CXApp's fiscal year end?
CXApp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.