CXApp Q1 revenue $0.95M, gross margin 83%, announces $5M in new enterprise contract value

CXApp Inc.

Q1 2026 revenue ~$0.95M; subscription revenue 98% of total; GAAP gross margin 83%.
Cash and equivalents $12.3M, up from $11.1M at year-end 2025; deferred revenue grew to $2.0M.
Secured ~$5M total contract value from three new enterprise multi-year agreements; bookings for Q1 were ~$1.4M.
Named a Visionary in April 2026 Gartner Magic Quadrant for Workplace Experience Applications.
CFO Joy Mbanugo cites recurring revenue base and strong cash position to execute 2026 priorities.

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