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.

Revenue
+43.9%
EPS
−32.8%
Free cash flow
+10.6%
Total debt
+3,601.7%

Quarter to September 2026, against a year earlier

4.95 0.29 −5.53%
Market cap
$165.5M
P/E
40.0×
Fwd P/E
80.8×
Dividend yield
—
F-score
7/9
Altman Z
8.37
Beneish M
−2.60
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.08
Sold, $m 25.97
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — 1 — 4 — 18 4 — 1 — — —
Insider Ownership 35.43%

Capital & Financial Ratios $m

Size
Market Cap 165.54
Revenue ttm 88.60
Net income ttm 3.97
Free cash flow ttm 12.02
Net debt Q (18.55)
Valuation
P/E 40.05 (above 35: high)
Forward P/E 80.80 (above 35: high)
Price / sales 1.86
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.06
Financial health
Current ratio Q 2.18 (at or above 1.5: strong)
Debt / equity Q 0.05 (at or below 0.5: strong)
Interest coverage Q 13.36
Growth
Revenue growth Q +43.92% (above 0%: growing)
Operating income growth Q −17.09% (below 0%: shrinking)
EPS, this year +18.52% (at or above 15%: strong)
EPS, next year A +0.78%
Revenue, next year A +42.59% (at or above 10%: strong)
EPS, past 5 yrs −19.04% (below 0%: weak)
EPS, next 5 yrs A +16.21% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 24.54%
10-year low 10-year high
P/S against its own 10 years 16.87%
10-year low 10-year high
P/B against its own 10 years 27.33%
10-year low 10-year high
EV/Sales against its own 10 years 16.20%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2022–23
−75.0%/yr
  1. 0.02 ’22
  2. 0.01 ’23 −75
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 10 18 31 23
Receivables 4 5 7 9
Inventory 0 0 0 1
Other 1 2 3 5
17 27 42 39
2023 2024 2025 Q'26
Payables 1 1 1 2
ST’ Debt — — — —
Other 2 3 3 4
10 12 12 18

Compound Annual Growth %

10y 5y 3y
Sales 24.17% 32.99% 21.98%
Cash Flow 0.00% 70.41% 0.00%
Earnings 0.00% (8.58%) 0.00%
Book Value 40.02% 19.89% 15.46%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.02 0.03 0.03 — —
’25 0.04 0.04 0.05 0.04 0.16
’24 0.01 0.02 0.01 0.02 0.06
’23 (0.06) (0.02) 0.06 0.00 (0.01)
’22 (0.05) (0.04) (0.03) (1.41) (1.54)
’21 (0.04) (0.05) (0.01) (0.03) (0.12)
’20 0.01 0.03 0.01 0.37 0.46
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 21 25 25 — —
’25 16 17 17 18 68
’24 14 15 16 16 61
’23 12 13 14 14 53
’22 8 9 9 11 38
’21 5 6 9 9 28
’20 4 4 4 4 16
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2 3 5 — —
’25 1 1 4 2 9
’24 0 3 2 2 6
’23 (2) 1 2 3 3
’22 (2) (1) 0 2 0
’21 0 0 0 (1) (1)
’20 0 0 0 0 1
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 2 3 5 — —
’25 1 1 4 2 9
’24 0 3 2 2 6
’23 (2) 1 5 3 7
’22 (2) (1) 0 1 (2)
’21 0 (10) (11) 0 (11)
’20 (1) 0 0 0 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 9 10 12 14 16 28 38 53 61 68 89 +25.0% 97 111 120 +20.7%
Gross margin, % 60.25 67.94 67.93 69.86 69.81 62.05 63.56 59.47 62.04 62.94 63.68 +2.7 pt
EBT (3) (1) 0 1 2 (3) (36) 0 2 5 4 n/m
EBT margin, % (30.49) (9.05) (1.75) 7.93 11.59 (10.36) (96.33) (0.50) 3.10 7.88 4.75 +38.4 pt
Net income (3) (1) 0 1 8 (2) (35) 0 2 5 4 n/m
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 2.66 +14.4%
Earnings (0.21) (0.07) (0.02) 0.08 0.50 (0.12) (1.54) (0.01) 0.06 0.17 0.12 n/m
Cash flow (0.08) 0.02 0.03 0.11 0.04 (0.05) (0.02) 0.13 0.23 0.31 0.36 n/m
Capex 0.00 0.00 0.00 0.00 (0.06) (0.49) (0.07) 0.14 0.00 0.00 0.00 n/m
Free cash flow (0.08) 0.02 0.03 0.11 (0.02) (0.54) (0.09) 0.28 0.23 0.31 0.36 n/m
Book value 0.04 0.12 0.14 0.30 1.63 3.25 1.81 1.72 1.92 2.15 2.41 +56.3%
Shares, m 13 14 14 15 16 20 23 26 27 30 32 +9.3%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 56.37 15.40 0.00 0.00 0.00 79.85 38.06 40.05 19.0
P/S 2.12 2.89 2.41 4.29 6.67 3.61 1.22 2.14 2.30 2.82 1.86 3.0
P/B 37.61 18.04 14.33 14.12 4.24 1.54 1.11 2.55 2.72 3.01 2.06 9.9
EV/Sales 2.15 2.75 2.25 4.00 5.71 3.35 1.15 1.96 2.00 2.36 1.65 2.8
EV/FCF (17.04) 104.23 59.76 34.06 (954.30) (4.40) (1.93) (7.19) (10.40) (12.92) (15.06) (81.0)
Cash, $m
Cash, $m Operating cash flow (1) 0 0 2 1 (1) 0 3 6 9 12 n/m
Capex — — 0 0 (1) (10) (2) 4 0 0 0 +14.4%
Free cash flow (1) 0 0 2 0 (11) (2) 7 6 9 12 n/m
Balance, $m
Balance, $m Working capital 0 1 1 3 17 1 2 7 15 30 21 +100.3%
Net debt 0 (1) (2) (4) (16) (7) (3) (10) (18) (31) (19) n/m
Shareholders’ equity 1 2 2 4 26 66 41 45 51 64 80 +70.8%
Returns, %
Returns, % ROA (60.74) (25.56) (5.38) 18.47 41.26 (4.53) (53.34) (0.65) 2.77 7.11 4.41 +67.9 pt
ROIC (226.62) (177.81) (77.10) 367.55 6.19 (2.99) (60.28) (3.03) 3.42 9.04 3.77 +235.7 pt
ROE (205.37) (86.62) (12.29) 35.67 52.67 (5.33) (65.95) (0.84) 3.49 8.80 5.61 +214.2 pt
People
People Employees 53 54 56 56 58 121 181 182 185 193 — +15.4%
Revenue/emp, $m 0.17 0.19 0.21 0.26 0.28 0.23 0.21 0.29 0.33 0.35 — +8.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

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 $538.2M — (loss-making) — (loss-making) +4.61% (above 0%: growing) n/m +20.25% (above 0%: growing) 64.96% (2.10%) Compare
ATNI ATN International, Inc. $409.6M 2.6× 2.1× +1.77% (above 0%: growing) n/m +71.51% (above 0%: growing) 56.94% 129.93% Compare
GOGO Gogo Inc. $306.9M 2,290× 52.4× −1.43% (below 0%: shrinking) n/m −34.40% (below 0%: shrinking) 42.01% 13.31% Compare
CCOI Cogent Communications Holdings, Inc. $240.2M — (loss-making) — (loss-making) −4.44% (below 0%: shrinking) n/m +111.41% (above 0%: growing) 47.51% (3.00%) Compare
OPTU Optimum Communications, Inc. $217.2M — (loss-making) — (loss-making) −5.75% (below 0%: shrinking) n/m −359.11% (below 0%: shrinking) 70.96% 8.21% Compare
RDCM Radcom Ltd. $169.2M 23.2× — (loss-making) −33.40% (below 0%: shrinking) n/m +3,354.69% (above 0%: growing) 75.08% (31.95%) Compare
CXDO Crexendo Inc. $165.5M 40.0× 80.8× +43.92% (above 0%: growing) −32.80% (below 0%: shrinking) +10.64% (above 0%: growing) 65.94% 4.30%
KVHI KVH Industries, Inc. $109.6M 205× 46.4× +35.13% (above 0%: growing) n/m −71.60% (below 0%: shrinking) 0.00% (3.23%) Compare
PCLA PicoCELA Inc. $57.7M — — — — +33.38% (above 0%: growing) — — Compare
Median of peers $228.7M 114× 46.4× −1.43% — +26.82% 56.94% (2.10%)

All 55 Telecom Services stocks →

Pay and ownership Proxy statement filed 19 October 2026

Ownership

Directors and executive officers, together 34.00%
Steven G. Mihaylo 29.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Crexendo Inc. (CXDO) Latest News

4 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby

3 Nov

Impact 3 · · MarketBeat transcript
Impact 3 · · ACCESS Newswire

26 Oct

14 Oct

12 Oct

5 Aug

Impact 3 · · Moby transcript

31 May

6 May

Impact 4 · · GuruFocus.com
Impact 4 · · Moby
stockrow.com/CXDO · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com