Revenue: As of FY2026 Q2, the actual value is USD 24.65 M, beating the estimate of USD 24.64 M.

EPS: As of FY2026 Q2, the actual value is USD 0.03.

EBIT: As of FY2026 Q2, the actual value is USD 1.117 M.

Second Quarter 2026 Financial Highlights

Segment Revenue

• Service Revenue: Consolidated service revenue increased by 78%, or $6.5 million, to $14.9 million in Q2 2026, up from $8.4 million in Q2 2025.
• Software Solutions Revenue: Consolidated software solutions revenue grew by 5%, or $0.4 million, reaching $7.3 million in Q2 2026, compared to $7.0 million in Q2 2025.
• Product Revenue: Consolidated product revenue increased by 104%, or $1.2 million, to $2.5 million in Q2 2026, from $1.2 million in Q2 2025.

Operational Metrics

• Operating Expenses: Consolidated operating expenses for Q2 2026 increased by 53%, or $8.1 million, to $23.6 million, compared to $15.4 million in Q2 2025.
• Net Income (GAAP): Crexendo, Inc. reported GAAP net income of $1.1 million for Q2 2026, compared to $1.2 million for Q2 2025.
• Non-GAAP Net Income: Non-GAAP net income was $4.1 million for Q2 2026, an increase from $2.9 million in Q2 2025.
• EBITDA: EBITDA for Q2 2026 was $3.0 million, up from $2.0 million in Q2 2025.
• Adjusted EBITDA: Adjusted EBITDA for Q2 2026 increased to $4.1 million, compared to $2.8 million in Q2 2025.

Six Months Ended June 30, 2026 Financial Highlights

Segment Revenue

• Service Revenue: Consolidated service revenue for the six months ended June 30, 2026, increased by 54%, or $8.9 million, to $25.4 million, compared to $16.6 million for the same period in 2025.
• Software Solutions Revenue: Consolidated software solutions revenue increased by 9%, or $1.2 million, to $15.1 million for the six months ended June 30, 2026, compared to $13.8 million for the same period in 2025.
• Product Revenue: Consolidated product revenue increased by 121%, or $2.7 million, to $4.9 million for the six months ended June 30, 2026, compared to $2.2 million for the same period in 2025.

Operational Metrics

• Operating Expenses: Consolidated operating expenses for the six months ended June 30, 2026, increased by 44%, or $13.5 million, to $43.9 million, compared to $30.4 million for the same period in 2025.
• Net Income (GAAP): The company reported GAAP net income of $1.6 million for the six months ended June 30, 2026, compared to $2.4 million for the same period in 2025.
• Non-GAAP Net Income: Non-GAAP net income was $7.3 million for the six months ended June 30, 2026, an increase from $5.5 million for the same period in 2025.
• EBITDA: EBITDA for the six months ended June 30, 2026, was $4.6 million, up from $3.9 million for the same period in 2025.
• Adjusted EBITDA: Adjusted EBITDA for the six months ended June 30, 2026, was $7.3 million, compared to $5.5 million for the same period in 2025.

Cash Flow and Cash Position

• Cash and Cash Equivalents: Total cash and cash equivalents at June 30, 2026, were $18.3 million, compared to $31.4 million at December 31, 2025.
• Operating Activities: Cash provided by operating activities for the six months ended June 30, 2026, was $4.8 million, compared to $2.5 million for the same period in 2025.
• Investing Activities: Cash used in investing activities for the six months ended June 30, 2026, was - $26.2 million, compared to nil for the same period in 2025.
• Financing Activities: Cash provided by financing activities for the six months ended June 30, 2026, was $8.3 million, compared to $2.7 million for the same period in 2025.

Outlook / Guidance

Crexendo, Inc. secured eleven new platform logos through the second quarter of 2026, significantly more than the two in the prior year, which management expects to generate meaningful recurring revenue opportunities. The ESI acquisition is reportedly progressing well, exceeding initial sales expectations and positively contributing to revenue, customer base, and team experience. Management anticipates AI-related revenue to become meaningful in 2027 and is focused on delivering profitable growth and enhancing long-term shareholder value through accelerating platform momentum, successful acquisitions, improving margins, and increasing cash generation.