Saturday 17 October 2026
Export CXDO’s income statement to Excel — free account
Crexendo Inc.
CXDO Communication Services Telecom Services
Crexendo Inc.’s revenue for fiscal 2025 (year ended December 2025) was $68.2 million, up 12.0% from fiscal 2024. In the quarter to June 2026, revenue grew 48.9%, EPS fell 25.0% and free cash flow grew 115.4%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
5.47
0.18
−3.19%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | 1.50 | 1.76 | 3.00 | 4.39 | 1.61 | 1.24 | 2.92 | 3.75 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | 3.00 | 4.70 | 12.78 | 8.38 | 5.18 | 5.66 | 7.59 | 7.65 | |||||
| People | |||||||||||||||
| People | Employees | 53 | 54 | 56 | 56 | 58 | 121 | 181 | 182 | 185 | 193 | ||||
| Revenue/emp, $m | 0.17 | 0.19 | 0.21 | 0.26 | 0.28 | 0.23 | 0.21 | 0.29 | 0.33 | 0.35 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 9 | 10 | 12 | 14 | 16 | 28 | 38 | 53 | 61 | 68 | ||||
| Gross margin, % | 60.25 | 67.94 | 67.93 | 69.86 | 69.81 | 62.05 | 63.56 | 59.47 | 62.04 | 62.94 | |||||
| EBT | (3) | (1) | 0 | 1 | 2 | (3) | (36) | 0 | 2 | 5 | |||||
| EBT margin, % | (30.49) | (9.05) | (1.75) | 7.93 | 11.59 | (10.36) | (96.33) | (0.50) | 3.10 | 7.88 | |||||
| Net income | (3) | (1) | 0 | 1 | 8 | (2) | (35) | 0 | 2 | 5 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 4 | 3 | 3 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.68 | 0.73 | 0.83 | 0.99 | 1.04 | 1.39 | 1.64 | 2.05 | 2.27 | 2.30 | ||||
| Earnings | (0.21) | (0.07) | (0.02) | 0.08 | 0.50 | (0.12) | (1.54) | (0.01) | 0.06 | 0.17 | |||||
| Cash flow | (0.08) | 0.02 | 0.03 | 0.11 | 0.04 | (0.05) | (0.02) | 0.13 | 0.23 | 0.31 | |||||
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | (0.06) | (0.49) | (0.07) | 0.14 | 0.00 | 0.00 | |||||
| Free cash flow | (0.08) | 0.02 | 0.03 | 0.11 | (0.02) | (0.54) | (0.09) | 0.28 | 0.23 | 0.31 | |||||
| Book value | 0.04 | 0.12 | 0.14 | 0.30 | 1.63 | 3.25 | 1.81 | 1.72 | 1.92 | 2.15 | |||||
| Shares, m | 13 | 14 | 14 | 15 | 16 | 20 | 23 | 26 | 27 | 30 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 56.37 | 15.40 | 0.00 | 0.00 | 0.00 | 79.85 | 38.06 | ||||
| P/S | 4.00 | 4.00 | 2.41 | 4.29 | 6.67 | 3.61 | 1.22 | 2.14 | 2.30 | 2.82 | |||||
| P/B | 24.97 | 24.97 | 14.33 | 14.12 | 4.24 | 1.54 | 1.11 | 2.55 | 2.72 | 3.01 | |||||
| EV/Sales | 3.86 | 3.86 | 2.25 | 4.00 | 5.71 | 3.35 | 1.15 | 1.96 | 2.00 | 2.36 | |||||
| EV/FCF | 146.20 | 146.20 | 59.76 | 34.06 | (954.30) | (4.40) | (1.93) | (7.19) | (10.40) | (12.92) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (1) | 0 | 0 | 2 | 1 | (1) | 0 | 3 | 6 | 9 | ||||
| Capex | — | — | 0 | 0 | (1) | (10) | (2) | 4 | 0 | 0 | |||||
| Free cash flow | (1) | 0 | 0 | 2 | 0 | (11) | (2) | 7 | 6 | 9 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 0 | 1 | 1 | 3 | 17 | 1 | 2 | 7 | 15 | 30 | ||||
| Total debt | 1 | 0 | 0 | 0 | 2 | 0 | 3 | 1 | 0 | — | |||||
| Net debt | 0 | (1) | (2) | (4) | (16) | (7) | (3) | (10) | (18) | (31) | |||||
| Shareholders’ equity | 1 | 2 | 2 | 4 | 26 | 66 | 41 | 45 | 51 | 64 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (60.74) | (25.56) | (5.38) | 18.47 | 41.26 | (4.53) | (53.34) | (0.65) | 2.77 | 7.11 | ||||
| ROIC | (226.62) | (177.81) | (77.10) | 367.55 | 6.19 | (2.99) | (60.28) | (3.03) | 3.42 | 9.04 | |||||
| ROE | (205.37) | (86.62) | (12.29) | 35.67 | 52.67 | (5.33) | (65.95) | (0.84) | 3.49 | 8.80 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Crexendo Inc. vs peers in Telecom Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SHEN Shenandoah Telecommunications Co | $566.4M | — (loss-making) | — (loss-making) | +5.53% (above 0%: growing) | n/m | +30.29% (above 0%: growing) | 65.01% | (1.09%) | Compare |
| CCOI Cogent Communications Holdings, Inc. | $427.7M | — (loss-making) | — (loss-making) | −4.34% (below 0%: shrinking) | n/m | +288.37% (above 0%: growing) | 46.93% | 50.49% | Compare |
| ATNI ATN International, Inc. | $398.3M | 2.5× | 41.5× | +1.77% (above 0%: growing) | n/m | +71.51% (above 0%: growing) | 56.94% | 129.93% | Compare |
| OPTU Optimum Communications, Inc. | $365.5M | — (loss-making) | — (loss-making) | −5.75% (below 0%: shrinking) | n/m | −359.11% (below 0%: shrinking) | 70.96% | 8.21% | Compare |
| GOGO Gogo Inc. | $304.9M | 2,130× | 11.7× | −1.43% (below 0%: shrinking) | n/m | −34.40% (below 0%: shrinking) | 42.01% | 13.31% | Compare |
| CXDO Crexendo Inc. | $188.5M | 39.1× | 43.0× | +48.90% (above 0%: growing) | −25.00% (below 0%: shrinking) | +115.43% (above 0%: growing) | 65.69% | 4.28% | |
| RDCM Radcom Ltd. | $171.4M | 23.4× | — (loss-making) | −33.40% (below 0%: shrinking) | n/m | +3,354.69% (above 0%: growing) | 75.08% | (31.95%) | Compare |
| KVHI KVH Industries, Inc. | $109.2M | — (loss-making) | 47.0× | +26.67% (above 0%: growing) | −80.00% (below 0%: shrinking) | −95.84% (below 0%: shrinking) | 30.63% | (0.23%) | Compare |
| PCLA PicoCELA Inc. | $64.4M | — | — | — | — | +33.38% (above 0%: growing) | — | — | Compare |
| Median of peers | $335.2M | 23.4× | 41.5× | −1.43% | — | +31.84% | 56.94% | 8.21% |
Crexendo Inc. (CXDO) key facts
- Strength: Crexendo Inc.’s revenue for fiscal 2025 (year ended December 2025) was $68.2 million, up 12.0% from fiscal 2024.
- Crexendo Inc. (CXDO) is a Telecom Services company in the Communication Services sector, listed on Nasdaq.
- As of October 16, 2026, CXDO traded at $5.47, a market capitalization of $188.5 million.
- Return on equity was 8.80% and debt-to-equity 0.06.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 8.37 (safe zone) for fiscal 2025.