Crexendo (CXDO) Gross Margin (2010 - 2022)
Crexendo's (CXDO) quarterly Gross Margin came in at 84.9% in Q3 2022, down 136.0% YoY from 235.84% in Q3 2021, and down 1.58% on a QoQ basis from 86.27% in Q3 2021.
Crexendo (CXDO) Gross Margin (2010 - 2022) Analysis & Trends
Crexendo (CXDO) has 12 years of Gross Margin data on file, last reported at 84.9% in Q3 2022.
- Quarterly Gross Margin fell 136.0% year-over-year to 84.9% in Q3 2022, while the trailing twelve-month figure through Sep 2022 was 68.49% (down 1530.0% YoY) and the FY2020 annual result came in at 69.81%, down 5.0% from the prior year.
- Gross Margin retreated to 84.9% in Q3 2022, from 86.27% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.22% in Q3 2019 to a low of 48.91% in Q1 2018.
- A 5-year average of 81.21% and a median of 77.6% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2018 — Gross Margin jumped 17973 bps — and 2020, when it tumbled 1806 bps.
- Tracing CXDO's Gross Margin over 5 years: stood at 48.91% in 2018, then jumped by 92 bps to 93.8% in 2019, then decreased by 18 bps to 76.57% in 2020, then rose by 13 bps to 86.27% in 2021, then retreated by 2 bps to 84.9% in 2022.
- The last three Gross Margin figures came in at 84.9% (Q3 2022), 86.27% (Q3 2021), and 76.69% (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.69 Bn | 204.94 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 199.74 Bn | 196.91 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 192.34 Bn | 190.63 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 176.95 Bn | 159.38 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.79 Bn | 31.21 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.41 Bn | 23.91 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.73 Bn | 18.48 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.53 Bn | 18.53 Bn | 1.32 Bn | 44.91% |
| 10 | Crexendo | 207.45 Mn | 189.16 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 84.90% |
| Sep 30, 2021 | 86.27% |
| Jun 30, 2021 | 76.69% |
| Mar 31, 2021 | 95.01% |
| Dec 31, 2020 | 76.57% |
| Sep 30, 2020 | 77.17% |
| Jun 30, 2020 | 77.60% |
| Mar 31, 2020 | 74.92% |
| Dec 31, 2019 | 93.80% |
| Sep 30, 2019 | 95.22% |
| Jun 30, 2019 | 75.82% |
| Mar 31, 2019 | 92.87% |
| Mar 31, 2018 | 48.91% |
| Dec 31, 2017 | 56.58% |
| Sep 30, 2017 | 60.52% |
| Jun 30, 2017 | 59.08% |
| Mar 31, 2017 | -130.82% |
| Dec 31, 2016 | 51.47% |
| Sep 30, 2016 | 59.69% |
| Jun 30, 2016 | -72.33% |