---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-005142"
form_type: "8-K"
ticker: "CXDO"
cik: "0001075736"
company_name: "Crexendo, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T10:42:31.007987+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crexendo Q1 revenue up 12% to $16.1M; software solutions revenue surges 33%

## Summary
- GAAP net income of $1.2M ($0.04 EPS); non-GAAP net income of $2.6M ($0.09 basic EPS).
- Software solutions revenue grew 33% to $6.9M; gross margins expanded to 78% (up 500bps YoY).
- Telecom service revenue up 4% to $8.2M; product revenue declined 22% to $1.0M.
- Adjusted EBITDA of $2.6M vs $2.1M last year; cash increased to $21.2M from $18.2M.
- Surpassed 6 million platform users; Oracle Cloud Infrastructure transition on schedule.

## SEC filing metadata
- accession: 0001654954-25-005142
- form_type: 8-K
- ticker: CXDO
- cik: 0001075736
- company_name: Crexendo, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075736/000165495425005142/0001654954-25-005142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075736/000165495425005142/cxdo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-005142
- JSON: https://secwatch.observer/filing/0001654954-25-005142.json
- Plain text: https://secwatch.observer/filing/0001654954-25-005142.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.