Crexendo revenue rises 12% to $17.5 million in third quarter

Reuters

Nov 05

Crexendo revenue rises 12% to $17.5 million in third quarter

Crexendo Inc. reported third quarter 2025 total revenue of $17.5 million, a 12% increase from $15.6 million in the third quarter of 2024. GAAP net income was $1.5 million, or $0.05 per basic and diluted common share, while non-GAAP net income was $3.0 million, or $0.10 per share. Software solutions revenue grew by 28%, and service revenue rose by 8%. For the nine months ended September 30, 2025, EBITDA was $6.0 million, up from $3.7 million in the same period of 2024, and adjusted EBITDA reached $8.4 million compared to $6.0 million the previous year. Cash and cash equivalents totaled $28.6 million at September 30, 2025, up from $18.2 million at December 31, 2024. The company surpassed 7 million users on its platform and continued investments in AI-driven capabilities, Oracle Cloud Infrastructure, and next-generation collaboration and contact center solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crexendo Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096490) on November 04, 2025, and is solely responsible for the information contained therein.

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