The strong revenue growth and non-GAAP beat confirm organic and acquisition-driven momentum. Watch for integration updates on ESI and any guidance on revenue trajectory. GAAP earnings decline and cash burn are manageable in the near term but could cap upside if not offset by accelerating synergies.
Price Chart
Executive Summary
Crexendo reported Q1 2026 revenue of $20.7M (up 29% YoY) and non-GAAP EPS of $0.10, beating consensus estimates of $0.08. GAAP net income fell to $0.6M from $1.2M due to acquisition-related costs and higher amortization from the ESI acquisition, which contributed only one month. Management highlighted continued momentum and reaffirmed a trajectory toward $100M annual revenue.
Key Financial Metrics
Key Facts
- Revenue $20.7M (+29% YoY) vs consensus $19.6M (beat by 5.6%)
- Non-GAAP diluted EPS $0.10 vs consensus $0.08 (beat by 25%)
- GAAP net income $0.6M ($0.02/share) down from $1.2M ($0.04) in Q1 2025
- Adjusted EBITDA $3.2M vs $2.7M in Q1 2025
- Operating cash flow improved to $2.0M from $1.2M
- Cash balance fell to $7.2M from $31.4M due to $26.2M cash used for ESI acquisition
Financial Impact
Revenue beat by ~$1.1M, EPS beat by $0.02, non-GAAP profitability improved but GAAP net income declined due to acquisition costs.
Risk Factors
- Integration risk of ESI acquisition may weigh on GAAP profitability
- Cash balance declined sharply to $7.2M from $31.4M
- GAAP net income halved YoY due to acquisition-related expenses and amortization
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001654954-26-004361 |
| Document: cxdo_8k.htm | 0001654954-26-004361 |
| Document: 0001654954-26-004361-index-headers.html | 0001654954-26-004361 |
| Document: 0001654954-26-004361-index.html | 0001654954-26-004361 |
| Document: 0001654954-26-004361.txt | 0001654954-26-004361 |
| 8-K Data (Synthetic) | 0001654954-26-004361 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | DEF 14A | $5.88 | awaiting T+20 | — | $5.86 (−0.34%) |
Oct 13, 2026 13d ago | 8-K | $5.80 | awaiting T+20 | — | $5.86 (+1.03%) |
Sep 22, 2026 4w ago | Institutional Cluster | $5.81 $5.88 | ▲ +1.20% | ▲ +1.76% | $5.86 (+0.86%) |
Jun 3, 2026 20w ago | 144 | $8.93 $7.62 | ▲ +14.62% | ▲ +13.25% | $5.86 (+34.34%) |
May 5, 2026 24w ago | 8-K | $9.74 $9.18 | ▼ −5.75% | ▼ −8.53% | $5.86 (−39.84%) |
May 5, 2026 24w ago | 8-K | $9.74 $9.18 | ▼ −5.75% | ▼ −8.53% | $5.86 (−39.84%) |
Mar 9, 2026 33w ago | Insider Cluster | $6.94 $6.39 | ▲ +7.93% | ▲ +5.12% | $5.86 (+15.56%) |
US Market Status
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