Crexendo, Inc. (CXDO) Income Statement
CXDO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCXDO revenue and net income
Where CXDO's revenue goes
2025Each bar shows an amount and its share of revenue. CXDO kept 7.4% of revenue as net income.
CXDO profit margins
CXDO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.0% | +22.0% | +33.0% | +24.2% |
| Gross profit | +13.7% | +21.6% | +30.3% | +26.0% |
| Operating income | +157.1% | — | +36.5% | — |
| Net income | +202.4% | — | −8.6% | — |
| EPS (diluted) | +44.0% | +31.0% | −3.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CXDO quarterly EPS vs estimates
Crexendo beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.09).
CXDO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68.2M | $60.8M | $53.2M | $37.6M | $28.1M | $16.4M | $14.4M | $11.9M | $10.4M | $9.1M |
| Cost of revenue | $25.3M | $23.1M | $21.6M | $13.7M | $10.7M | $4.9M | $4.4M | $3.8M | $3.5M | $3.6M |
| Gross profit | $42.9M | $37.7M | $31.6M | $23.9M | $17.4M | $11.4M | $10.1M | $8.1M | $6.9M | $5.5M |
| Research & development | $5.7M | $5.6M | $4.9M | $4.0M | $1.4M | $1.2M | $853,000 | $801,000 | $750,000 | $826,000 |
| Sales, general & admin | $32.5M | $30.4M | $28.5M | $24.6M | $18.8M | $9.3M | $8.1M | $7.5M | $7.0M | $7.4M |
| Total operating expenses | $38.2M | $35.9M | $33.3M | $61.3M | $20.2M | $10.4M | $8.9M | $8.3M | $7.7M | $8.3M |
| Operating income | $4.7M | $1.8M | −$1.7M | −$37.4M | −$2.8M | $991,000 | $1.1M | −$206,000 | −$825,000 | −$2.8M |
| Interest income | $637,000 | $191,000 | $2,000 | $0 | $1,000 | $3,000 | $6,000 | $7,000 | $10,000 | $15,000 |
| Interest expense | $19,000 | $42,000 | $115,000 | $78,000 | $84,000 | $76,000 | $12,000 | $12,000 | $209,000 | $138,000 |
| Income before taxes | $5.4M | $1.9M | −$264,000 | −$36.2M | −$2.9M | $1.9M | $1.1M | −$208,000 | −$1.0M | −$2.8M |
| Income taxes | $300,000 | $212,000 | $98,000 | −$762,000 | −$465,000 | −$6.0M | $6,000 | $15,000 | $7,000 | $12,000 |
| Net income | $5.1M | $1.7M | −$362,000 | −$35.4M | −$2.4M | $7.9M | $1.1M | −$223,000 | −$1.0M | −$2.8M |
| EBITDA | $8.7M | $5.3M | $3.4M | −$33.4M | −$1.2M | $2.2M | $1.3M | −$104,000 | −$607,000 | −$2.5M |
| EPS (diluted) | $0.36 | $0.25 | $0.24 | $0.16 | $0.05 | $0.44 | $0.09 | −$0.01 | $0.25 | −$0.21 |
| Gross margin | 62.9% | 62.0% | 59.5% | 63.6% | 62.1% | 69.8% | 69.9% | 67.9% | 66.7% | 60.2% |
| Operating margin | 6.9% | 3.0% | −3.2% | −99.6% | −10.0% | 6.0% | 7.9% | −1.7% | −8.0% | −30.3% |
| Net margin | 7.4% | 2.8% | −0.7% | −94.3% | −8.7% | 48.5% | 7.9% | −1.9% | −9.8% | −30.6% |
| 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 | $24.6M | $20.7M | $18.1M | $17.5M | $16.6M | $16.1M | $16.2M | $15.6M | $14.7M | $14.3M | $14.2M | $13.9M |
| Cost of revenue | $23.6M | $9.0M | $7.2M | $3.7M | $6.1M | $5.6M | $6.4M | $6.1M | $5.4M | $5.2M | $5.8M | $5.4M |
| Gross profit | $1.1M | $11.7M | $10.9M | $13.8M | $10.5M | $10.5M | $9.9M | $9.5M | $9.3M | $9.1M | $8.4M | $8.5M |
| Research & development | $1.8M | $1.6M | $1.3M | $1.4M | $1.4M | $1.5M | $1.5M | $1.5M | $1.3M | $1.2M | $1.3M | $1.3M |
| Sales, general & admin | $13.3M | $5.1M | $8.4M | $8.3M | $8.0M | $7.8M | $7.7M | $7.9M | $7.4M | $7.3M | $7.1M | $6.8M |
| Total operating expenses | $23.6M | $10.4M | $9.8M | $12.5M | $9.4M | $9.3M | $9.2M | $9.4M | $8.7M | $8.6M | $8.3M | $8.1M |
| Operating income | $1.1M | $1.3M | $1.1M | $1.3M | $1.1M | $1.1M | $626,000 | $135,000 | $580,000 | $483,000 | $38,000 | $364,000 |
| Interest income | $69,000 | $159,000 | $228,000 | $199,000 | $126,000 | $84,000 | — | — | $53,000 | $5,000 | — | — |
| Interest expense | $62,000 | $0 | $1,000 | $3,000 | $6,000 | $9,000 | $11,000 | $7,000 | $11,000 | $13,000 | $4,000 | $36,000 |
| Income before taxes | $1.1M | $607,000 | $1.4M | $1.5M | $1.3M | $1.2M | $619,000 | $194,000 | $615,000 | $461,000 | $78,000 | $1.7M |
| Income taxes | $25,000 | $29,000 | $165,000 | $43,000 | $48,000 | $44,000 | $112,000 | $46,000 | $27,000 | $27,000 | $17,000 | $33,000 |
| Net income | $1.1M | $578,000 | $1.2M | $1.4M | $1.2M | $1.2M | $507,000 | $148,000 | $588,000 | $434,000 | $61,000 | $1.7M |
| EBITDA | $2.9M | $1.8M | $2.2M | $2.3M | $2.1M | $2.0M | $1.5M | $1.0M | $1.5M | $1.3M | $960,000 | $2.7M |
| EPS (diluted) | $0.09 | $0.10 | $0.09 | $0.10 | $0.09 | $0.08 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.12 |
| Gross margin | 4.3% | 56.5% | 60.4% | 79.1% | 63.4% | 65.3% | 60.8% | 60.9% | 63.3% | 63.4% | 59.0% | 60.9% |
| Operating margin | 4.3% | 6.2% | 6.3% | 7.5% | 6.7% | 7.2% | 3.9% | 0.9% | 3.9% | 3.4% | 0.3% | 2.6% |
| Net margin | 4.3% | 2.8% | 6.7% | 8.3% | 7.4% | 7.3% | 3.1% | 0.9% | 4.0% | 3.0% | 0.4% | 12.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CXDO's financial statements (latest annual report filed March 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CXDO financial results
In fiscal year 2025 (ended December 31, 2025), Crexendo reported revenue of $68.2 million, up 12.0% from the year before. It had net income of $5.1 million (up 202.4%), a net profit margin of 7.4%. Diluted earnings per share came to $0.36. Over five years revenue grew at an average rate of 33.0% a year.
See the CXDO stock overview for the latest quote and news, or the CXDO chart for price history and technical indicators.
CXDO income statement FAQ
What is Crexendo's annual revenue?
Crexendo reported total revenue of $68.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 12.0% from $60.8 million the previous year.
Is Crexendo profitable?
Yes. Crexendo reported net income of $5.1 million in fiscal 2025, a net profit margin of 7.4%; its operating margin was 6.9%.
What is Crexendo's gross margin?
Crexendo's gross margin was 62.9% in fiscal 2025: for every $100 of revenue, Crexendo kept $63 after the direct cost of its products and services.
How much does Crexendo spend on research and development?
Crexendo spent $5.7 million on research and development in fiscal 2025, 8.4% of revenue.
How fast is Crexendo growing?
Revenue grew 33.0% a year on average over the last five fiscal years, from $16.4 million to $68.2 million.
What are Crexendo's earnings per share?
Crexendo earned $0.36 per diluted share in fiscal 2025, compared with $0.25 a year earlier.
When will Crexendo report its next earnings?
Crexendo is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Crexendo's fiscal year end?
Crexendo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 3, 2026.