Tearsheet

Crexendo (CXDO)


Market Price (5/13/2026): $9.24 | Market Cap: $291.4 Mil
Sector: Communication Services | Industry: Integrated Telecommunication Services

Crexendo (CXDO)


Market Price (5/13/2026): $9.24
Market Cap: $291.4 Mil
Sector: Communication Services
Industry: Integrated Telecommunication Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%

Megatrend and thematic drivers
Megatrends include Future of Work. Themes include Unified Communications as a Service (UCaaS), and Contact Center as a Service (CCaaS).

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 61x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x, P/EPrice/Earnings or Price/(Net Income) is 65x

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.8%

Key risks
CXDO key risks include [1] intense competition from vastly larger players threatening its market share and [2] its ongoing lack of profitability, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%
2 Megatrend and thematic drivers
Megatrends include Future of Work. Themes include Unified Communications as a Service (UCaaS), and Contact Center as a Service (CCaaS).
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 61x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x, P/EPrice/Earnings or Price/(Net Income) is 65x
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.8%
5 Key risks
CXDO key risks include [1] intense competition from vastly larger players threatening its market share and [2] its ongoing lack of profitability, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Crexendo (CXDO) stock has gained about 30% since 1/31/2026 because of the following key factors:

1. Strong Q1 2026 Financial Performance.

Crexendo reported robust financial results for the first quarter of 2026, exceeding analyst expectations. The company achieved revenue of $20.7 million, marking a 29% increase year-over-year, and surpassed the consensus estimate of $19.63 million. Additionally, Crexendo posted diluted earnings per share (EPS) of $0.10, outperforming the consensus estimate of $0.08 by $0.02.

2. Strategic Acquisition and Expanded Market Reach.

A significant factor contributing to the positive trend was the strategic acquisition of ESI for a total consideration of $34.7 million, comprising $27.3 million in cash and $7.4 million in stock, which closed on March 1, 2026. This acquisition is expected to bolster the company's market position and offerings. Furthermore, Crexendo expanded its distribution footprint through a partnership with AppDirect, announced on February 25, 2026.

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Stock Movement Drivers

Fundamental Drivers

The 30.9% change in CXDO stock from 1/31/2026 to 5/12/2026 was primarily driven by a 32.2% change in the company's P/E Multiple.
(LTM values as of)13120265122026Change
Stock Price ($)7.009.1630.9%
Change Contribution By: 
Total Revenues ($ Mil)66739.8%
Net Income Margin (%)6.6%6.1%-6.4%
P/E Multiple48.864.532.2%
Shares Outstanding (Mil)3032-3.6%
Cumulative Contribution30.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/12/2026
ReturnCorrelation
CXDO30.9% 
Market (SPY)7.0%36.9%
Sector (XLC)-3.2%32.8%

Fundamental Drivers

The 41.6% change in CXDO stock from 10/31/2025 to 5/12/2026 was primarily driven by a 29.7% change in the company's Net Income Margin (%).
(LTM values as of)103120255122026Change
Stock Price ($)6.479.1641.6%
Change Contribution By: 
Total Revenues ($ Mil)647312.9%
Net Income Margin (%)4.7%6.1%29.7%
P/E Multiple62.364.53.6%
Shares Outstanding (Mil)2932-6.7%
Cumulative Contribution41.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/12/2026
ReturnCorrelation
CXDO41.6% 
Market (SPY)8.8%45.9%
Sector (XLC)1.6%36.1%

Fundamental Drivers

The 85.8% change in CXDO stock from 4/30/2025 to 5/12/2026 was primarily driven by a 123.1% change in the company's Net Income Margin (%).
(LTM values as of)43020255122026Change
Stock Price ($)4.939.1685.8%
Change Contribution By: 
Total Revenues ($ Mil)617319.7%
Net Income Margin (%)2.8%6.1%123.1%
P/E Multiple80.064.5-19.3%
Shares Outstanding (Mil)2732-13.7%
Cumulative Contribution85.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/12/2026
ReturnCorrelation
CXDO85.8% 
Market (SPY)34.6%43.5%
Sector (XLC)22.9%35.6%

Fundamental Drivers

The 519.0% change in CXDO stock from 4/30/2023 to 5/12/2026 was primarily driven by a 311.9% change in the company's P/S Multiple.
(LTM values as of)43020235122026Change
Stock Price ($)1.489.16519.0%
Change Contribution By: 
Total Revenues ($ Mil)387393.9%
P/S Multiple1.04.0311.9%
Shares Outstanding (Mil)2432-22.5%
Cumulative Contribution519.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/12/2026
ReturnCorrelation
CXDO519.0% 
Market (SPY)84.4%38.5%
Sector (XLC)99.9%32.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CXDO Return-28%-62%156%8%24%46%38%
Peers Return-44%-67%-6%-9%-20%69%-79%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
CXDO Win Rate25%42%58%33%67%80% 
Peers Win Rate35%25%50%45%52%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
CXDO Max Drawdown-36%-66%-32%-40%-21%-13% 
Peers Max Drawdown-47%-77%-34%-37%-37%-20% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RNG, EGHT, ZM, FIVN, BAND.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/12/2026 (YTD)

How Low Can It Go

EventCXDOS&P 500
2025 US Tariff Shock
  % Loss-34.3%-18.8%
  % Gain to Breakeven52.2%23.1%
  Time to Breakeven88 days79 days
2023 SVB Regional Banking Crisis
  % Loss-28.7%-6.7%
  % Gain to Breakeven40.2%7.1%
  Time to Breakeven23 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-54.9%-24.5%
  % Gain to Breakeven121.9%32.4%
  Time to Breakeven597 days427 days
2020 COVID-19 Crash
  % Loss-36.2%-33.7%
  % Gain to Breakeven56.7%50.9%
  Time to Breakeven44 days140 days
2014-2016 Oil Price Collapse
  % Loss-57.4%-6.8%
  % Gain to Breakeven134.6%7.3%
  Time to Breakeven1595 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-28.7%-17.9%
  % Gain to Breakeven40.3%21.8%
  Time to Breakeven109 days123 days

Compare to RNG, EGHT, ZM, FIVN, BAND

In The Past

Crexendo's stock fell -34.3% during the 2025 US Tariff Shock. Such a loss loss requires a 52.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCXDOS&P 500
2025 US Tariff Shock
  % Loss-34.3%-18.8%
  % Gain to Breakeven52.2%23.1%
  Time to Breakeven88 days79 days
2023 SVB Regional Banking Crisis
  % Loss-28.7%-6.7%
  % Gain to Breakeven40.2%7.1%
  Time to Breakeven23 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-54.9%-24.5%
  % Gain to Breakeven121.9%32.4%
  Time to Breakeven597 days427 days
2020 COVID-19 Crash
  % Loss-36.2%-33.7%
  % Gain to Breakeven56.7%50.9%
  Time to Breakeven44 days140 days
2014-2016 Oil Price Collapse
  % Loss-57.4%-6.8%
  % Gain to Breakeven134.6%7.3%
  Time to Breakeven1595 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-28.7%-17.9%
  % Gain to Breakeven40.3%21.8%
  Time to Breakeven109 days123 days

Compare to RNG, EGHT, ZM, FIVN, BAND

In The Past

Crexendo's stock fell -34.3% during the 2025 US Tariff Shock. Such a loss loss requires a 52.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Crexendo (CXDO)

Crexendo, Inc. provides cloud communication, unified communications as a service, call center, collaboration, and other cloud business services for businesses in the United States, Canada, and internationally. It operates through two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and resells broadband Internet services. This segment is also involved in the sale and lease of cloud telecommunications equipment. In addition, it offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed internet connection through various devices and user interfaces, such as desktop phones and/or mobile, and desktop applications under the Crexendo brand name. The Web Services segment provides website hosting and other professional services. The company was formerly known as iMergent, Inc. and changed its name to Crexendo, Inc. in May 2011. Crexendo, Inc. was incorporated in 1995 and is headquartered in Tempe, Arizona.

AI Analysis | Feedback

Here are 1-3 brief analogies for Crexendo (CXDO):

  1. Think of it as RingCentral meets GoDaddy for business services.

  2. Essentially, it's like Zoom Phone for businesses, combined with web hosting and professional services similar to GoDaddy.

AI Analysis | Feedback

  • Cloud Telecommunications Services: Core services for transmitting voice signals over the internet or cloud using IP technology.
  • Unified Communications as a Service (UCaaS): Integrated solutions combining voice, video, messaging, and collaboration tools.
  • Call Center Services: Cloud-based solutions designed to manage customer interactions and support operations.
  • Collaboration Services: Tools and platforms facilitating team communication and project cooperation.
  • Broadband Internet Resale: Providing high-speed internet access to businesses by reselling existing services.
  • Cloud Telecommunications Equipment Sales & Lease: Offering hardware and software necessary for cloud telecommunication systems through sales and leasing.
  • Website Hosting: Services for storing and making websites accessible on the internet.
  • Professional Web Services: Various other specialized services related to website development, management, or digital presence.

AI Analysis | Feedback

Crexendo, Inc. (CXDO) primarily sells its cloud communication, unified communications as a service, call center, collaboration, and web services to other businesses.

Due to the nature of its business providing services to a broad base of clients, Crexendo does not publicly disclose the names of its major customer companies.

AI Analysis | Feedback

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AI Analysis | Feedback

Jeffrey G. Korn, Chief Executive Officer and Executive Chairman of the Board of Directors

Jeffrey G. Korn has served on the Crexendo executive team for over 20 years, most recently as Chief Legal Officer. He was instrumental in guiding Crexendo's successful transformation into a leading provider in the telecommunications industry and helped change the company's business model from B2C to B2B. Prior to joining Crexendo, he served as Chief Legal Officer and a member of the Board of Directors of Prosoft Training (formerly a Nasdaq Company). He was also previously a partner in a commercial litigation and business services law firm. Korn has served on the boards of several other public companies and currently holds positions on numerous private boards.

Ronald Vincent, Chief Financial Officer

Ronald Vincent has been the Chief Financial Officer of Crexendo, Inc. since May 2012.

Doug Gaylor, President and Chief Operating Officer

Doug Gaylor serves as President and Chief Operating Officer for Crexendo, a role he has held since May 2012, after joining the company in 2009 as Vice President of Sales. With over 30 years in the telecom industry, he is a subject matter expert in hosted telecom, network services, PBX and Key Systems, Call Centers, and Managed Services. Prior to joining Crexendo, he held positions of increasing responsibility, culminating with the position of Senior Vice President at Inter-Tel/Mitel, where he was originally hired in 1987. At Inter-Tel, he was responsible for overseeing sales efforts in the Western United States, where yearly sales for his region reached over $175,000,000 annually.

Jon Brinton, Chief Revenue Officer

Jon Brinton has served as Crexendo's Chief Revenue Officer since November 2020. He brings over 25 years of experience in the technology industry. Prior to his tenure at Crexendo, Brinton held key leadership positions, notably as VP of North America Channel at Avaya, where he successfully navigated the transition to Cloud-based solutions, culminating in over $1 billion in annual sales. He also served in various Senior Executive roles at Mitel, playing a pivotal role in establishing the company as the second-largest global provider of Unified Communications as a Service (UCaaS) and leading its Cloud Division from 2011 to attain the number #2 Global Market share position for UCaaS Users globally. His career journey began at Inter-Tel, where he led the expansion of the NetSolutions Division, which was later acquired by Mitel. Before joining Inter-Tel, he was the President and primary stockholder of Network Services Agency, Inc., a telecommunications agency business that Inter-Tel acquired in 1999. He previously worked with CEO Steve Mihaylo and COO Doug Gaylor at Inter-Tel before its sale to Mitel for over $700 million in 2007, and he left Mitel after it was acquired by a private equity firm.

Anand Buch, Chief Strategy Officer | General Manager, Software Division

Anand Buch oversees Crexendo's Software Solutions division and the company's strategic direction. He previously co-founded and led NetSapiens as CEO, a cloud-based communications platform software company. Under his tenure, NetSapiens grew to almost two million users and received numerous industry awards. Crexendo acquired NetSapiens in 2021, and as the General Manager of the division, he has since grown the platform to over four and a half million users.

AI Analysis | Feedback

Key Business Risks for Crexendo (CXDO)

  1. Slower Than Expected Operating Leverage and Lack of Consistent Profitability: Crexendo has exhibited stable but relatively low operating margins (6-7%) despite being a software business. The company has reported negative operating income since 2021, and there is a risk that expenses could remain high, preventing meaningful operating leverage and potentially requiring the company to raise additional finances, which could dilute shareholder value.
  2. Intense Competition: The cloud communications and Unified Communications as a Service (UCaaS) market is highly competitive. Crexendo faces significant competition from established players such as RingCentral, 8x8, Vonage, and larger technology companies like Amazon Web Services, Microsoft Azure, and Google Cloud Platform. This competitive landscape can exert pressure on pricing, market share, and long-term revenue growth.
  3. Declining Product Revenue and Challenges in the Telecom Segment: While Crexendo's software solutions segment has shown growth, the company has experienced a decline in product revenue and faces challenges within its traditional telecom services segment. This indicates an imbalance in revenue streams and potential struggles in a portion of its business, which could affect overall financial performance.

AI Analysis | Feedback

The rise of all-in-one website building and hosting platforms (e.g., Wix, Squarespace, Webflow, Shopify) that bundle website creation, design, e-commerce, and hosting into a single, user-friendly service poses a clear emerging threat to Crexendo's Web Services segment. These platforms can diminish the need for traditional website hosting and the "other professional services" offered by Crexendo as businesses increasingly opt for integrated solutions that simplify their online presence management.

AI Analysis | Feedback

Crexendo, Inc. (CXDO) operates in several key addressable markets, primarily focusing on cloud communication, unified communications, call center solutions, and web services. Here are the estimated market sizes for their main products and services:

Unified Communications as a Service (UCaaS)

  • The global Unified Communications as a Service (UCaaS) market was valued at USD 66.42 billion in 2025 and is projected to grow to USD 276.9 billion by 2034, exhibiting a CAGR of 17.10% during the forecast period.
  • Another source estimates the global UCaaS market size at USD 79.39 billion in 2024, expected to reach USD 270.32 billion by 2032 with a CAGR of 16.55%.
  • The North American UCaaS market is a significant contributor, holding a 42.30% share globally in 2025, and the U.S. market alone is projected to reach USD 18.111 billion by 2026. North America accounted for over 33.98% of the global UCaaS market revenue in 2024.

Contact Center as a Service (CCaaS)

  • The global Contact Center as a Service (CCaaS) market size was valued at USD 7.08 billion in 2025 and is projected to grow to USD 30.15 billion by 2034, at a CAGR of 17.40%.
  • Other estimates place the global CCaaS market size at USD 6.08 billion in 2024, expected to reach USD 29.53 billion by 2033 with a CAGR of 19.2%, or USD 7.27 billion in 2024, projected to reach USD 27.51 billion by 2032 with a CAGR of 18.10%.
  • North America dominated the global CCaaS market with a 39.00% share in 2025 and held the largest share of 34.7% in 2024. The U.S. Contact Center as a Service market generated USD 1,558.6 million in revenue in 2024 and is expected to reach USD 4,142.0 million by 2030, growing at a CAGR of 18.3% from 2025 to 2030.

Web Services (Web Hosting)

  • The global web hosting market is projected to grow from USD 125.36 billion in 2025 to USD 355.81 billion by 2029 at a compound annual growth rate (CAGR) of 23.6%. Other reports indicate a global market size of USD 137.73 billion in 2025, reaching USD 389.52 billion by 2034 with a CAGR of 12.25%, or USD 149.30 billion in 2025, projected to reach USD 661 billion by 2034 with a CAGR of 17.80%.
  • North America is expected to lead the global web hosting market with a 39% share in 2025, or 41.00% in 2025. The U.S. web hosting market is projected to hit USD 127.17 billion by 2029 and is expected to reach an estimated value of USD 133.46 billion by 2032.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Crexendo (CXDO) over the next 2-3 years:

  1. Strategic Acquisitions: The recent acquisition of Estech Systems (ESI) for $35 million is expected to significantly boost Crexendo's revenue, earnings, and cash flow. Management anticipates this acquisition will accelerate the company's path to a $100 million annual revenue run rate.
  2. Growth in Software Solutions: Crexendo has demonstrated robust performance in its Software Solutions segment, with an 18% year-over-year increase in revenue for Q4 2025 and a 27% increase for the full year 2025. This focus on software is expected to continue driving revenue growth.
  3. Artificial Intelligence (AI) Offerings: The company is aggressively advancing its AI strategy, with its CAIRO solution poised to transform the SMB market. Crexendo believes CAIRO has the potential to significantly increase its average revenue per account by over 25%.
  4. Expanding User Base and Customer Growth: Crexendo has successfully expanded its user base, growing from 4 million to over 7 million end-users in under three years, marking a 75% growth. Continued customer acquisition and expanding market presence are anticipated to fuel revenue.
  5. International Expansion: Crexendo is pursuing international growth, having added its first customer in Africa and identifying further potential in EMEA and other regions. While currently representing less than 10% of total revenue, international sales are growing rapidly and present a long-term organic growth runway.

AI Analysis | Feedback

Share Issuance

  • Crexendo's outstanding common stock increased from 27,901,072 shares as of February 28, 2025, to 31,152,603 shares as of February 28, 2026.
  • In March 2026, Crexendo issued $7.7 million in common stock as part of the payment for the acquisition of Estech Systems (ESI).

Outbound Investments

  • In March 2026, Crexendo acquired Estech Systems (ESI) for $35 million.
  • The acquisition of ESI was funded with $27.3 million in cash and $7.7 million in common stock.
  • ESI contributed approximately $26 million in revenue in 2025 and is expected to increase Crexendo's revenue by nearly 40%.

Capital Expenditures

  • Cash used in investing activities, which typically includes capital expenditures, was approximately $(18) thousand for the year ended December 31, 2025, compared to $(27) thousand for the year ended December 31, 2024.
  • Purchases of property, plant, and equipment were $18,000 in Q4 2025.
  • The CFO indicated no anticipated large capital improvements for 2026 that would significantly impact free cash flow.

Better Bets vs. Crexendo (CXDO)

Latest Trefis Analyses

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0ARTICLES

Trade Ideas

Select ideas related to CXDO.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CMCSA_4242026_Dip_Buyer_FCFYield04242026CMCSAComcastDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-1.9%-1.9%-2.9%
TTD_4022026_Dip_Buyer_High_CFO_Margins_ExInd_DE04022026TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
7.0%7.0%-8.9%
META_3272026_Dip_Buyer_ValueBuy03272026METAMeta PlatformsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
16.4%16.4%0.0%
CARG_3062026_Insider_Buying_GTE_1Mil_EBITp+DE_V203062026CARGCarGurusInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
8.3%8.3%-8.3%
YELP_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026YELPYelpDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
31.6%31.6%-5.7%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CXDORNGEGHTZMFIVNBANDMedian
NameCrexendo RingCent.8x8 Zoom Com.Five9 Bandwidth 
Mkt Price9.1641.872.48102.9620.9349.4431.40
Mkt Cap0.33.50.330.51.61.61.6
Rev LTM732,5477284,8691,175788982
Op Inc LTM4160161,12453-1434
FCF LTM10541321,92417769123
FCF 3Y Avg8436501,7351194884
CFO LTM10632471,989242101172
CFO 3Y Avg8519661,84417676126

Growth & Margins

CXDORNGEGHTZMFIVNBANDMedian
NameCrexendo RingCent.8x8 Zoom Com.Five9 Bandwidth 
Rev Chg LTM16.3%4.9%1.4%4.4%9.3%4.9%4.9%
Rev Chg 3Y Avg20.5%7.4%-0.6%3.5%13.0%10.9%9.2%
Rev Chg Q29.0%5.3%3.4%5.3%9.2%19.8%7.2%
QoQ Delta Rev Chg LTM6.8%1.3%0.9%1.3%2.2%4.6%1.8%
Op Inc Chg LTM59.8%570.2%2,787.7%38.2%246.4%0.2%153.1%
Op Inc Chg 3Y Avg248.1%245.5%942.8%69.0%100.4%13.8%173.0%
Op Mgn LTM5.5%6.3%2.2%23.1%4.5%-1.8%5.0%
Op Mgn 3Y Avg3.4%0.1%0.8%17.4%-2.8%-3.0%0.5%
QoQ Delta Op Mgn LTM-1.4%1.5%0.1%0.2%2.0%0.1%0.2%
CFO/Rev LTM13.9%24.8%6.5%40.9%20.6%12.9%17.2%
CFO/Rev 3Y Avg11.7%21.4%9.1%39.3%16.3%10.3%14.0%
FCF/Rev LTM13.9%21.2%4.3%39.5%15.0%8.8%14.4%
FCF/Rev 3Y Avg11.6%17.9%6.8%36.9%11.0%6.5%11.3%

Valuation

CXDORNGEGHTZMFIVNBANDMedian
NameCrexendo RingCent.8x8 Zoom Com.Five9 Bandwidth 
Mkt Cap0.33.50.330.51.61.61.6
P/S4.01.40.56.31.42.01.7
P/Op Inc72.622.121.527.230.5-109.524.6
P/EBIT60.523.120.027.220.7-98.721.9
P/E64.542.0-89.216.128.1-309.922.1
P/CFO28.65.67.315.46.715.511.3
Total Yield1.6%2.4%-1.1%6.2%3.6%-0.3%2.0%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg4.9%15.7%13.6%7.1%7.2%10.2%8.7%
D/E0.00.41.10.00.50.30.3
Net D/E-0.00.30.8-0.30.00.20.1

Returns

CXDORNGEGHTZMFIVNBANDMedian
NameCrexendo RingCent.8x8 Zoom Com.Five9 Bandwidth 
1M Rtn54.2%25.0%43.4%29.9%53.8%206.3%48.6%
3M Rtn43.1%45.0%-6.4%8.4%17.8%264.6%30.5%
6M Rtn22.5%53.2%25.3%21.7%3.0%237.2%23.9%
12M Rtn57.4%47.9%27.2%24.5%-25.4%243.8%37.5%
3Y Rtn554.3%53.1%-20.3%61.7%-59.4%342.2%57.4%
1M Excs Rtn42.0%6.1%30.3%16.9%37.5%184.7%33.9%
3M Excs Rtn36.5%38.4%-13.0%1.8%11.2%258.0%23.8%
6M Excs Rtn27.5%45.8%19.2%16.0%-4.5%236.0%23.4%
12M Excs Rtn31.7%20.6%3.3%-4.1%-51.8%220.6%11.9%
3Y Excs Rtn376.2%-17.9%-89.1%-16.5%-141.3%250.6%-17.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Cloud Telecommunications Segment3735221916
Software Solutions Segment2318159 
Total6153382816


Operating Income by Segment
$ Mil20252024202320222021
Software Solutions Segment2-0-34-0 
Cloud Telecommunications Segment0-1-4-31
Total2-2-37-31


Price Behavior

Price Behavior
Market Price$9.16 
Market Cap ($ Bil)0.3 
First Trading Date05/23/2011 
Distance from 52W High-6.3% 
   50 Days200 Days
DMA Price$6.87$6.58
DMA Trendupup
Distance from DMA33.3%39.3%
 3M1YR
Volatility66.6%56.5%
Downside Capture172.86222.04
Upside Capture269.20211.83
Correlation (SPY)34.0%45.3%
CXDO Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.141.111.491.961.911.83
Up Beta0.62-0.070.381.331.731.51
Down Beta1.240.450.891.722.201.88
Up Capture123%214%214%300%258%2008%
Bmk +ve Days15223166141428
Stock +ve Days13213061121355
Down Capture357%149%201%186%156%112%
Bmk -ve Days4183056108321
Stock -ve Days9223362125378

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CXDO
CXDO64.5%56.6%1.09-
Sector ETF (XLC)20.8%13.3%1.1736.8%
Equity (SPY)32.5%12.4%1.9845.2%
Gold (GLD)41.3%26.9%1.261.8%
Commodities (DBC)47.5%18.0%2.10-5.4%
Real Estate (VNQ)12.8%13.5%0.6522.5%
Bitcoin (BTCUSD)-21.0%41.7%-0.4629.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CXDO
CXDO11.3%69.5%0.44-
Sector ETF (XLC)9.7%20.7%0.3824.6%
Equity (SPY)13.7%17.1%0.6328.7%
Gold (GLD)21.0%17.9%0.958.4%
Commodities (DBC)13.4%19.1%0.576.2%
Real Estate (VNQ)3.9%18.8%0.1116.7%
Bitcoin (BTCUSD)7.2%55.9%0.3415.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CXDO
CXDO5.6%68.9%0.42-
Sector ETF (XLC)9.6%22.3%0.5027.1%
Equity (SPY)15.5%17.9%0.7431.0%
Gold (GLD)13.4%15.9%0.708.9%
Commodities (DBC)9.7%17.7%0.469.3%
Real Estate (VNQ)5.6%20.7%0.2422.7%
Bitcoin (BTCUSD)68.2%66.8%1.0713.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.6 Mil
Short Interest: % Change Since 4152026-7.0%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest5.4 days
Basic Shares Quantity31.5 Mil
Short % of Basic Shares1.8%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/3/2026-0.3%5.2%-4.2%
11/4/20255.9%15.8%2.8%
8/5/20252.6%-1.2%11.7%
3/4/202524.1%2.4%-12.8%
11/6/2024-12.2%-12.2%-14.0%
8/14/20241.7%6.4%-7.4%
3/5/202410.8%3.0%-2.8%
11/9/20239.7%41.7%82.9%
...
SUMMARY STATS   
# Positive1175
# Negative71113
Median Positive5.9%6.4%11.7%
Median Negative-4.6%-7.4%-11.1%
Max Positive24.1%41.7%82.9%
Max Negative-12.2%-20.9%-29.2%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/05/202610-Q
12/31/202503/03/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202403/04/202510-K
09/30/202411/06/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202303/05/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/09/202310-Q
12/31/202203/14/202310-K
09/30/202211/10/202210-Q
06/30/202208/09/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Vincent, RonChief Financial OfficerDirectSell51120269.751,45014,1381,141,598Form
2Korn, Jeffrey GChief Executive OfficerDirectSell50620269.0010,00090,0001,877,535Form
3Gaylor, Douglas WalterChief Operating OfficerDirectSell50620269.3720,000187,4722,169,173Form
4Korn, Jeffrey GChief Executive OfficerDirectSell50620268.5010,00085,0001,858,228Form
5Gaylor, Douglas WalterChief Operating OfficerDirectSell50620268.6610,00086,6012,177,262Form