Crexendo's Q2 revenue grew 49% year-over-year to $24.6 million, driven by ESI integration which improved margins. However, organic growth was modest at 7%, with software revenue increasing only 5%, raising concerns about future growth. Profitability improved with a gross margin of 65.9% and EBITDA margin of 12.6%, while free cash flow margin reached 10.2%. Early monetization of AI assistant CAIRO and $139 million in remaining performance obligations (RPO) alongside new customer wins provide some visibility for future revenue.
Crexendo's recent performance is presented here with relevant market data for context. For readers following technology stocks, 95 out of 150 priced US tech stocks on Pluang rose while 55 fell. Notable movers include AMPL at USD 14.30 (+4.88%), SNOW at USD 346.00 (+4.75%) with 92% sell orders, and PATH at USD 12.88 (+4.50%) with 100% buy orders, as of Sep 30, 2026 21:31 WIB.
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