Crexendo, Inc. (CXDO) Form 10-Q — Nov 3, 2026
Crexendo reported Q3 2026 revenue of $25.2 million, up 44% from $17.5 million a year ago, driven largely by the March 2026 acquisition of ESI ($34.7 million total consideration: $27.3 million cash plus 1,159,638 shares). The Cloud Telecommunications segment nearly doubled to $17.5 million while Software Solutions revenue grew modestly to $7.7 million. Profitability moved the other way: Q3 net income fell to $1.1 million ($0.03 diluted EPS) from $1.45 million ($0.05) as operating expenses jumped to $24.1 million from $16.2 million and interest expense rose following new notes payable. Nine-month net income was $2.7 million versus $3.85 million in 2025.
Key figures
- Eps
- 0.03
- Revenue
- 25182000
- Net Income
- 1118000
- Revenue Yoy
- +44%
- Total Assets
- 103827000
- Cash Position
- 22841000
- Shares Outstanding
- 33375586
- Esi goodwill
- 4716000
- Esi intangibles
- 23400000
- Q3 2025 revenue
- 17497000
- Esi shares issued
- 1159638
- Nine month revenue
- 70538000
- Esi acquisition price
- 34733000
- Nine month net income
- 2747000
- Esi cash consideration
- 27300000
- Esi stock consideration
- 7433000
- Operating cash flow nine months
- 9675000
AI analysis
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