--- title: "CXApp | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 950 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286314641.md" datetime: "2026-05-13T20:39:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286314641.md) - [en](https://longbridge.com/en/news/286314641.md) - [zh-HK](https://longbridge.com/zh-HK/news/286314641.md) --- # CXApp | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 950 K Revenue: As of FY2026 Q1, the actual value is USD 950 K, beating the estimate of USD 900 K. #### Q1 2026 Financial Highlights - **Revenue**: Revenue for the first quarter of 2026 was approximately $0.95 million. - **Total Bookings**: Total bookings for the quarter were approximately $1.4 million, mostly recurring in nature, and are expected to contribute to recognized revenue over the coming quarters. - **High-Quality Revenue Mix**: Subscription revenue represented approximately 98% of total revenue during the quarter. - **Gross Margin**: GAAP gross margin remained strong at approximately 83%. - **Cash and Cash Equivalents**: Cash and cash equivalents totaled approximately $12.3 million as of March 31, 2026, compared to approximately $11.1 million at December 31, 2025. - **Deferred Revenue**: Deferred revenue increased to approximately $2.0 million. - **Total Contract Value (TCV)**: CXApp Inc. secured approximately $5 million in total contract value from new deals, including multiple multi-year enterprise agreements. #### Operational Execution CXApp Inc. completed two significant enterprise renewals with upsell opportunities and continued deployment of agentic AI pilot initiatives. Three large enterprise organizations selected the CXAI platform following competitive evaluations, with engagements spanning multi-year agreements and combined operations in over 100 countries. #### Outlook / Guidance CXApp Inc. believes it is well positioned to execute against its 2026 priorities, supported by its cash position and increased deferred revenue. The company expects growth to be driven by recurring software subscriptions, deeper enterprise integrations, and AI-enabled capabilities that expand platform value over time. CXApp Inc. is focused on converting the significant market opportunity in AI-powered workplace transformation into durable recurring growth by scaling enterprise deployments, expanding agentic workflows, and capturing a larger share of the modern workplace technology stack. ### Related Stocks - [CXAI.US](https://longbridge.com/en/quote/CXAI.US.md) ## Related News & Research - [AI workplace platform CXApp's Q1 revenue rises on subscriptions strength](https://longbridge.com/en/news/286311164.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [OS Therapies to Announce First Quarter 2026 Financials on Monday, May 18, 2026 | OSTX Stock News](https://longbridge.com/en/news/286607728.md)