Crexendo outlines USD 100 million run rate: what it means for Crexendo stock

Published on 10/25/2026 at 02:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Crexendo reported USD 24.65 million in second-quarter revenue, matching consensus. Crexendo stock has results due November 3, 2026.

Cloud growth and reporting date

Crexendo outlined a USD 100 million annual run rate at the October 21, 2026 LD Micro event.
Remaining performance obligations reached USD 139 million, up 90 percent year over year.
Crexendo plans to issue third-quarter 2026 results on November 3, 2026.

CXDO, US2265521078, Illustration mit AI erstellt.

Crexendo, Inc. (US2265521078) outlined a path to a USD 100 million annual run rate by the end of 2026 at the LD Micro conference on October 21, 2026, according to Investing.com. The company also repeated a USD 150 million run-rate goal for the end of 2028, giving the growth story a measurable target.

Recurring revenue supports the plan

Crexendo said its remaining performance obligation reached USD 139 million, up 90 percent from a year earlier. USD 45 million of that amount was already contracted for 2027, which gives the company visibility beyond the current reporting year.

The operating model is built around cloud communications software, unified communications as a service, voice, video, contact center tools and managed IT services. Crexendo said its platform supported more than 8 million end users through more than 250 cloud communication platform subscribers, while artificial intelligence products such as the CAIRO receptionist are intended to increase revenue per customer.

What does the growth mean for margins?

The answer depends on how much of the expansion comes from recurring software revenue rather than acquisitions. Crexendo reported USD 24.65 million in second-quarter 2026 revenue and USD 0.12 earnings per share versus a USD 0.10 consensus estimate, according to MarketBeat. The company said gross margin expanded by 200 basis points from the first quarter to the second quarter in the conference presentation.

Three events frame the story

On August 4, 2026, Crexendo reported second-quarter revenue of USD 24.65 million and earnings per share of USD 0.12, according to MarketBeat. On September 21, 2026, the company announced a Meetric partnership adding conversation analytics for more than 250 platform licensees, as listed by Access Newswire.

On October 21, 2026, management presented the USD 100 million 2026 run-rate objective and the USD 150 million 2028 goal at LD Micro, making the conference the latest strategic marker.

Next reporting date is November 3

Crexendo is scheduled to issue third-quarter 2026 financial results on November 3, 2026, at 4:30 p.m. ET, according to MarketScreener. That report will test whether the acquisition-led revenue increase is translating into sustained profitability and cash generation.

Nasdaq price and valuation context

On Nasdaq, CXDO last stood at USD 5.75 on October 23, 2026 at 4:00 p.m. EDT, when the exchange was marked closed. The market capitalization was USD 191.2 million as of October 25, 2026, putting the valuation against a business targeting USD 100 million in annual run rate.