| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 17.50 | 5.7% | 12.0% |
| Total Income | 17.50 | 5.7% | 12.0% |
| Expenditure | 16.19 | 4.8% | 4.5% |
| PBT | 1.49 | 16.4% | 684.2% |
| Net Profit | 1.45 | 17.9% | 866.7% |
| OPM | 7.46% | 0.79pp | 6.59pp |
| NPM | 8.29% | 0.84pp | 7.34pp |
| EPS | 0.05 | 25.0% | 400.0% |
Crexendo Announces Strong Third Quarter 2025 Results
04 May 2026 · 4 May, 8:15 am
Summary
Crexendo, Inc. reported a strong third quarter for 2025, with total revenue increasing by 12% to $17.5 million. GAAP net income was $1.5 million, while non-GAAP net income reached $3.0 million. The company saw significant growth in software solutions revenue, increasing by 28%. Management is optimistic about continued growth, citing investments in AI and next-generation solutions.
Key Highlights
- 1
Crexendo's total revenue increased 12% year-over-year to $17.5 million for the third quarter of 2025.
- 2
GAAP net income for Q3 2025 was $1.5 million, or $0.05 per basic and diluted common share.
- 3
Non-GAAP net income reached $3.0 million, or $0.10 per basic and diluted common share for the third quarter.
- 4
Service revenue increased by 8% to $8.6 million in the third quarter of 2025.
- 5
Software solutions revenue grew by 28% to $7.5 million for the third quarter of 2025.
- 6
EBITDA for the third quarter of 2025 was $2.1 million, compared to $1.0 million in the same period of 2024.
- 7
Adjusted EBITDA for the third quarter of 2025 reached $2.9 million, compared to $1.8 million for the third quarter of 2024.
Management Comments
Jeff Korn
Crexendo delivered another outstanding quarter, highlighted by 12% year over year revenue growth, strong profitability with $1.5 million in GAAP net income, and $3.0 million in non-GAAP net income. Our 28% growth in software solutions underscores the strength of our platform and the increasing value we provide to customers and partners. I am also very encouraged with the 8% increase in service revenue, which I have great confidence will continue to grow. With strong margins, robust cash generation, and continued innovation, we are executing exceptionally well on our profitable growth strategy. We’re just getting started and our recent announcement of eclipsing 7 Million users on the Crexendo platform is a testament to our success. Our investments in AI-driven capabilities, Oracle Cloud Infrastructure, and next-generation collaboration and contact center solutions are creating powerful momentum across our ecosystem. We see a long runway for organic growth, enhanced by strategic M&A opportunities, and we are fully committed to delivering sustained value for our shareholders. We’re delivering profitable growth today while building an even stronger, smarter, and more innovative Crexendo for tomorrow.
Informational and educational content only. Not investment advice.