Crexendo, Inc. (CXDO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 20.71M | 18.06M | 17.5M | 16.55M | 16.06M | 16.24M | 15.63M | 14.69M | 14.29M | 14.16M | 13.87M | 12.67M | 12.49M | 11.44M | 9.11M | 8.85M | 8.16M | 9M | 8.81M | 5.78M |
| Revenue Growth % | 28.98% | 11.21% | 11.97% | 12.71% | 12.4% | 14.66% | 12.64% | 15.9% | 14.37% | 23.79% | 52.33% | 43.23% | 53.11% | 27.19% | 3.38% | 53.07% | 81.01% | 108.1% | 112.65% | 42.55% |
| Cost of Goods Sold | 3.88M | 7.16M | 3.66M | 6.06M | 5.58M | 6.37M | 6.1M | 5.39M | 5.23M | 5.8M | 5.42M | 5.27M | 5.07M | 4.31M | 3M | 2.94M | 3.41M | 3.67M | 3.35M | 2.16M |
| COGS % of Revenue | 18.75% | 39.62% | 20.94% | 36.59% | 34.73% | 39.25% | 39.05% | 36.68% | 36.62% | 40.98% | 39.09% | 41.59% | 40.57% | 37.63% | 32.92% | 33.25% | 41.85% | 40.81% | 37.98% | 37.36% |
| Gross Profit | 16.83M | 10.91M | 13.83M | 10.5M | 10.48M | 9.87M | 9.52M | 9.3M | 9.05M | 8.36M | 8.45M | 7.4M | 7.42M | 7.14M | 6.11M | 5.91M | 4.74M | 5.33M | 5.46M | 3.62M |
| Gross Margin % | 81.25% | 60.38% | 79.06% | 63.41% | 65.27% | 60.75% | 60.95% | 63.32% | 63.38% | 59.02% | 60.91% | 58.41% | 59.43% | 62.37% | 67.08% | 66.75% | 58.15% | 59.19% | 62.02% | 62.64% |
| Gross Profit Growth % | 60.54% | 10.54% | 45.24% | 12.88% | 15.75% | 18.01% | 12.7% | 25.63% | 21.99% | 17.15% | 38.31% | 25.33% | 56.47% | 34.01% | 11.82% | 63.12% | 56.93% | 77.68% | 89.52% | 25.56% |
| Operating Expenses | 16.39M | 9.77M | 12.53M | 9.39M | 9.33M | 9.24M | 9.39M | 8.72M | 8.57M | 8.32M | 8.09M | 7.92M | 9M | 41.74M | 6.65M | 6.76M | 6.14M | 6.12M | 5.41M | 4.86M |
| OpEx % of Revenue | 79.12% | 54.12% | 71.6% | 56.75% | 58.11% | 56.9% | 60.08% | 59.37% | 60% | 58.75% | 58.29% | 62.49% | 72.03% | 364.79% | 73.06% | 76.38% | 75.23% | 68.05% | 61.42% | 84.17% |
| Selling, General & Admin | 10.71M | 8.43M | 8.3M | 7.96M | 7.81M | 7.74M | 7.92M | 7.39M | 7.32M | 7.07M | 6.81M | 6.78M | 7.81M | 7.74M | 5.53M | 5.53M | 5.83M | 5.82M | 5.05M | 4.48M |
| SG&A % of Revenue | 51.71% | 46.66% | 47.45% | 48.07% | 48.63% | 47.65% | 50.66% | 50.32% | 51.26% | 49.89% | 49.09% | 53.51% | 62.49% | 67.61% | 60.74% | 62.49% | 71.5% | 64.72% | 57.36% | 77.45% |
| Research & Development | 1.57M | 1.35M | 1.41M | 1.44M | 1.52M | 1.5M | 1.47M | 1.33M | 1.25M | 1.25M | 1.28M | 1.14M | 1.19M | 1.32M | 1.12M | 1.23M | 304K | 300K | 358K | 388K |
| R&D % of Revenue | 7.57% | 7.45% | 8.08% | 8.68% | 9.49% | 9.25% | 9.43% | 9.04% | 8.74% | 8.86% | 9.2% | 8.98% | 9.53% | 11.58% | 12.32% | 13.89% | 3.73% | 3.33% | 4.06% | 6.71% |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 440K | 1.13M | 1.3M | 1.1M | 1.15M | 626K | 135K | 580K | 483K | 38K | 364K | -517K | -1.57M | -34.6M | -544K | -852K | -1.39M | -797K | 53K | -1.24M |
| Operating Margin % | 2.12% | 6.27% | 7.46% | 6.66% | 7.16% | 3.85% | 0.86% | 3.95% | 3.38% | 0.27% | 2.62% | -4.08% | -12.6% | -302.42% | -5.97% | -9.63% | -17.08% | -8.86% | 0.6% | -21.53% |
| Operating Income Growth % | -61.74% | 80.83% | 866.67% | 90.17% | 138.1% | 1547.37% | -62.91% | 212.19% | 130.69% | 100.11% | 166.91% | 39.32% | -12.99% | -4241.66% | -1126.42% | 31.51% | -69.46% | -742.74% | -65.81% | -334.28% |
| EBITDA | 440K | 1.96M | 2.14M | 1.96M | 1.92M | 1.45M | 964K | 1.42M | 1.32M | 916K | 1.25M | 383K | -666K | -33.72M | 71K | -232K | -774K | -102K | 622K | -983K |
| EBITDA Margin % | 2.12% | 10.86% | 12.25% | 11.84% | 11.96% | 8.94% | 6.17% | 9.64% | 9.26% | 6.47% | 9.02% | 3.02% | -5.33% | -294.69% | 0.78% | -2.62% | -9.49% | -1.13% | 7.06% | -17.01% |
| EBITDA Growth % | -77.1% | 35.06% | 122.41% | 38.35% | 45.2% | 58.52% | -22.94% | 269.71% | 298.65% | 102.72% | 1661.97% | 265.09% | 13.95% | -32956.86% | -88.59% | 76.4% | -7.35% | -155.14% | 193.4% | -273.06% |
| D&A (Non-Cash Add-back) | 0 | 829K | 839K | 856K | 771K | 826K | 829K | 836K | 840K | 878K | 887K | 900K | 908K | 885K | 615K | 620K | 619K | 695K | 569K | 261K |
| EBIT | 440K | 1.38M | 1.5M | 1.29M | 1.22M | 630K | 201K | 626K | 474K | 82K | 1.77M | -488K | -1.52M | -33.03M | -709K | -959K | -1.4M | -800K | 36K | -1.24M |
| Net Interest Income | 0 | 227K | 196K | 120K | 75K | -11K | -7K | 42K | -8K | -2K | -36K | -33K | -42K | -21K | -19K | -19K | -19K | -20K | -24K | -20K |
| Interest Income | 159K | 228K | 199K | 126K | 84K | 0 | 0 | 53K | 5K | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 607K | 1.38M | 1.49M | 1.28M | 1.22M | 619K | 194K | 615K | 461K | 78K | 1.74M | -521K | -1.56M | -33.05M | -728K | -978K | -1.42M | -820K | 12K | -1.26M |
| Pretax Margin % | 2.93% | 7.66% | 8.53% | 7.73% | 7.57% | 3.81% | 1.24% | 4.19% | 3.23% | 0.55% | 12.52% | -4.11% | -12.47% | -288.83% | -7.99% | -11.06% | -17.42% | -9.12% | 0.14% | -21.86% |
| Income Tax | -29K | 165K | 43K | 48K | 44K | 112K | 46K | 27K | 27K | 17K | 33K | 24K | 24K | -447K | -32K | -82K | -201K | -218K | 137K | -260K |
| Effective Tax Rate % | -4.78% | 11.93% | 2.88% | 3.75% | 3.62% | 18.09% | 23.71% | 4.39% | 5.86% | 21.79% | 1.9% | -4.61% | -1.54% | 1.35% | 4.4% | 8.38% | 14.14% | 26.59% | 1141.67% | 20.59% |
| Net Income | 578K | 1.22M | 1.45M | 1.23M | 1.17M | 507K | 148K | 588K | 434K | 61K | 1.7M | -545K | -1.58M | -32.6M | -696K | -896K | -1.22M | -602K | -125K | -1M |
| Net Margin % | 2.79% | 6.74% | 8.29% | 7.44% | 7.29% | 3.12% | 0.95% | 4% | 3.04% | 0.43% | 12.28% | -4.3% | -12.67% | -284.92% | -7.64% | -10.13% | -14.95% | -6.69% | -1.42% | -17.36% |
| Net Income Growth % | -50.64% | 140.24% | 879.73% | 109.52% | 169.82% | 731.15% | -91.31% | 207.89% | 127.43% | 100.19% | 344.83% | 39.17% | -29.67% | -5315.45% | -456.8% | 10.67% | -70.63% | -108.41% | -195.42% | -297.44% |
| Net Income (Continuing) | 578K | 1.22M | 1.45M | 1.23M | 1.17M | 507K | 148K | 588K | 434K | 61K | 1.7M | -545K | -1.58M | -32.6M | -696K | -896K | -1.22M | -602K | -125K | -1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.02 | 0.04 | 0.05 | 0.04 | 0.04 | 0.02 | 0.01 | 0.02 | 0.01 | 0.00 | 0.06 | -0.02 | -0.06 | -1.43 | -0.03 | -0.04 | -0.05 | -0.03 | -0.01 | -0.05 |
| EPS Growth % | -46.95% | 136.75% | - | 97.49% | 161.81% | - | -91.67% | 199.5% | 124% | 100.16% | 294.81% | 50% | -20% | -4953% | -208% | 20% | -25% | -106.9% | -200% | -266.67% |
| EPS (Basic) | 0.02 | 0.04 | 0.05 | 0.04 | 0.04 | 0.02 | 0.01 | 0.02 | 0.02 | 0.00 | 0.07 | -0.02 | -0.06 | -1.43 | -0.03 | -0.04 | -0.05 | -0.03 | -0.01 | -0.05 |
| Diluted Shares Outstanding | 32.68M | 31.64M | 31.82M | 31.32M | 31.09M | 30.56M | 29.86M | 29.51M | 30.14M | 26.81M | 27.68M | 25.97M | 25.73M | 22.78M | 22.62M | 22.46M | 22.24M | 21.26M | 21.6M | 19.44M |
| Basic Shares Outstanding | 31.53M | 29.68M | 30.4M | 29.43M | 28.02M | 27.39M | 26.85M | 26.66M | 26.31M | 25.97M | 26M | 25.97M | 25.73M | 22.78M | 22.62M | 22.46M | 22.24M | 21.26M | 21.6M | 19.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |