Crexendo (CXDO) Gross Margin (2010 - 2022)
Crexendo's Gross Margin was 84.90% in Q3 2022, down 1.36 percentage points from 86.27% a year earlier.
Crexendo (CXDO) Gross Margin (2010 - 2022) Analysis & Trends
On a trailing twelve-month basis, Crexendo's Gross Margin was 64.91% through Sep 30, 2022, down 8.77 percentage points year-over-year; for FY2020, it came in at 82.23%, up 12.37 percentage points from FY2019.
- Gross Margin shows a five-year change of +27.95 percentage points (FY2015 to FY2020).
- In earlier years, Gross Margin was 69.86% in FY2019, 71.45% in FY2017 (+4.28 pp) and 67.18% in FY2016 (+12.90 pp).
- The Q3 2022 figure marks the lowest quarterly Gross Margin since Q2 2021.
- Compared with a year earlier, Gross Margin was higher in 1 of the last five quarters, with an average year-over-year change of -2.99 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2021 (a gain of 9.10 percentage points); the worst was Q4 2020 (a drop of 19.60 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 86.50% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 48.42% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 91.40% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 71.89% |
| 10 | Crexendo | 194.84 Mn | 109.35 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 84.90% |
| Sep 30, 2021 | 86.27% |
| Jun 30, 2021 | 76.69% |
| Mar 31, 2021 | 67.07% |
| Dec 31, 2020 | 50.89% |
| Sep 30, 2020 | 77.17% |
| Jun 30, 2020 | 77.60% |
| Mar 31, 2020 | 69.23% |
| Dec 31, 2019 | 70.49% |
| Sep 30, 2019 | 72.02% |
| Jun 30, 2019 | 69.09% |
| Mar 31, 2019 | 67.75% |
| Mar 31, 2018 | 74.04% |
| Dec 31, 2017 | 71.49% |
| Sep 30, 2017 | 73.18% |
| Jun 30, 2017 | 71.14% |
| Mar 31, 2017 | 71.93% |
| Dec 31, 2016 | 69.55% |
| Sep 30, 2016 | 66.74% |
| Jun 30, 2016 | 67.31% |
Crexendo Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CXDO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CXDO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CXDO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();