---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-004361"
form_type: "8-K"
ticker: "CXDO"
cik: "0001075736"
company_name: "Crexendo, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:12:03.979456+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-26-004361
- form_type: 8-K
- ticker: CXDO
- cik: 0001075736
- company_name: Crexendo, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075736/000165495426004361/0001654954-26-004361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075736/000165495426004361/cxdo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-004361
- JSON: https://secwatch.observer/filing/0001654954-26-004361.json
- Plain text: https://secwatch.observer/filing/0001654954-26-004361.txt

## Source-grounded claims
- claim_id: 8a6e8ed6e64da4701378c8cf7ef795ff23eeb844
  claim: 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.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1075736/000165495426004361/0001654954-26-004361-index.htm

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