Crexendo Q1 revenue up 29% to $20.7M; GAAP EPS $0.02, non-GAAP EPS $0.10

Crexendo, Inc.

2026-Q1 EPS reported $0.02 vs consensus $0.08 ▼ miss (-74.9%)

GAAP net income of $0.6M ($0.02 EPS) vs $1.2M ($0.04) YoY; non-GAAP net income $3.3M ($0.10) vs $2.7M ($0.10).
Service revenue +29% to $10.6M; Software Solutions +12% to $7.7M; Product revenue +141% to $2.4M.
Adjusted EBITDA rose to $3.2M from $2.7M; operating expenses up 36% to $20.3M.
Cash used in investing $26.2M (ESI acquisition); cash balance fell to $7.2M from $31.4M at Dec 2025.
ESI acquisition contributed one month, performing ahead of expectations; company reaffirms path to $100M annual revenue.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Crexendo, Inc. reported first quarter ended March 31, 2026 results: revenue $20.7 million, net income $0.6 million, EPS $0.02 per basic and diluted common share.

Period: first quarter ended March 31, 2026
Revenue: $20.7 million
Net income: $0.6 million
EPS: $0.02 per basic and diluted common share
Result: reported results

Exact text from the filing

of all sizes, today announced financial results for the first quarter ended March 31, 2026. First Quarter Financial highlights: · Total revenue increased 29% year-over-year to $20.7 million · GAAP net income of $0.6 million, or $0.02 per basic and diluted common share. · Non-GAAP net income of $3.3 million, or $0.10 per basic and diluted common share. Financial

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Crexendo, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-26-004361

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