Crexendo
Provides UCaaS products and service-provider software for business communications.
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Profile
Sells cloud telecommunications services directly to businesses and licenses NetSapiens software to service providers that deliver voice, video, messaging, contact center, and related communications. The model pairs a Tempe-based direct UCaaS business with a global, partner-platform footprint expanded through acquisitions such as Allegiant and ESI.
Combines direct Cloud Telecommunications Services with Software Solutions built around the NetSapiens platform. Direct offerings include Crexendo VIP, VIP CX, contact-center tools, broadband resale, managed IT, devices, and professional services. Software revenue comes from licenses, subscription maintenance, support, and implementation work for service providers.
NetSapiens gives telecom providers, managed service providers, and fiber broadband operators a multi-tenant, session-priced communications platform with public, private, and hybrid deployment options. The platform reaches global end users through software subscribers and Crexendo's own retail channel, while recent Allegiant and ESI acquisitions added operating scale around the same communications ecosystem.
Execution depends on channel and service-provider adoption, integration of acquired licensees, telecom-platform reliability, and competition from larger UCaaS and platform vendors.
Company facts
Key statistics
Year to date −5.7% · Average volume (30d) 424.3K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| May 6, 2026 | Needham | Reiterate | Buy | $9 | $12 |
| May 6, 2026 | Lake Street | Target | $11 | ||
| Nov 5, 2025 | Northland Securities | Target | $10 | ||
| Oct 30, 2025 | Needham | Reiterate | Buy | $9 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $0.10 | $0.12 | +24.1% | $24.6M | $24.6M | 0.0% | −11.24% |
| May 5, 2026Q1 FY26 | $0.08 | $0.10 | +25.0% | $19.6M | $20.7M | +5.5% | +17.21% |
| Mar 3, 2026Q4 FY25 | $0.08 | $0.09 | +12.5% | $18.1M | $18.1M | −0.2% | −0.31% |
| Nov 4, 2025Q3 FY25 | $0.08 | $0.10 | +25.0% | $18.1M | $17.5M | −3.5% | +5.88% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $16.1M | $16.6M | $17.5M | $18.1M | $20.7M | $24.6M | |
| Gross profit | $10.5M | $10.5M | $13.8M | $10.9M | $11.7M | $1.1M | |
| Operating income | $1.2M | $1.1M | $1.3M | $1.1M | $1.3M | $1.1M | |
| Net income | $1.2M | $1.2M | $1.5M | $1.2M | $578.0K | $1.1M | |
| Diluted EPS | $0.04 | $0.04 | $0.05 | $0.04 | $0.02 | $0.03 | |
| Gross margin | 65.3% | 63.4% | 79.1% | 60.4% | 56.5% | 4.3% | |
| Operating margin | 7.2% | 6.7% | 7.5% | 6.3% | 6.2% | 4.3% |
Fiscal years (4-quarter sums)FY21 $28.1M · FY22 $37.6M · FY23 $53.2M · FY24 $60.8M · FY25 $68.2M
Revenue by product · Q4 FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $18.3M · Total debt $5.6M · Total assets $101.0M · Shareholders' equity $78.1M
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Mar 30, 2023 | Mar 31 | Apr 11 | $0.005 | |
| Nov 25, 2022 | Nov 28 | Dec 8 | $0.005 | |
| Aug 22, 2022 | Aug 23 | Sep 2 | $0.005 | |
| May 26, 2022 | May 30 | Jun 10 | $0.005 | |
| Feb 17, 2022 | Feb 18 | Feb 28 | $0.005 |
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 32.42M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Steven G. Mihaylo · director, 10 percent owner: | 20.76M | 64.04% | Form 4 | Jun 3, 2026 |
| David Tzat-kin Wang · officer: Chief Technology Officer | 1.21M | 3.72% | Form 4 | Jun 16, 2026 |
| BlackRock, Inc. | 1.07M | 3.29% | 13F | Aug 7, 2026 |
| Royce & Associates LP | 1.02M | 3.15% | 13F | Aug 14, 2026 |
| Vanguard Capital Management LLC | 817.1K | 2.52% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 4, 2026 | Douglas Walter Gaylor | officer: Chief Operating Officer | −10,000 | $8.15 |
| Jun 15, 2026 | David Tzat-kin Wang | officer: Chief Technology Officer | −25,000 | $7.49 |
| Jun 12, 2026 | David Tzat-kin Wang | officer: Chief Technology Officer | −25,000 | $7.39 |
| Jun 2, 2026 | David Tzat-kin Wang | officer: Chief Technology Officer | −25,000 | $10.01 |
| Jun 2, 2026 | Steven G. Mihaylo | director, 10 percent owner: | −514,352 | $10.18 |
Peers
- RingCentral
Direct UCaaS and contact-center rival for cloud business customers
- 8x8
Integrated UCaaS, CCaaS, and CPaaS rival on one cloud platform
- Cisco Systems
Service-provider platform and Webex rival in cloud collaboration
- Microsoft
Teams Phone pressures cloud calling and collaboration accounts
- Ooma
SMB phone, UCaaS, and wholesale-platform rival
- Ribbon Communications
Carrier communications software rival at the network edge
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Crexendo | $6.27 | +0.32% | $203.2M | 47.3 | 15.2 | 2.5 | +48.9% |
| RingCentral | $69.20 | −0.25% | $5.98B | 55.5 | 13.1 | 2.3 | +5.9% |
| 8x8 | $1.99 | +0.25% | $282.1M | 62.4 | 5.5 | 0.4 | +4.8% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| Ooma | $22.68 | −0.79% | $629.4M | 58.8 | 17.4 | 2.1 | +25.4% |
| Ribbon Communications | $2.03 | +0.25% | $363.0M | 24.9 | 14.5 | 0.5 | −12.8% |
| Median | 44.3 | 15.9 | 2.2 | +11.7% |