Crexendo (CXDO) Gross Margin (2010 - 2022)
Crexendo (CXDO) posted Gross Margin of 84.9% for Q3 2022, down 1.58% on a QoQ basis from 86.27% in Q3 2021, and down 136.0% year-over-year from 235.84% in Q3 2021.
Crexendo (CXDO) Gross Margin (2010 - 2022) Analysis & Trends
Crexendo's Gross Margin history runs 12 years deep, the most recent figure standing at 84.9% for 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 was 84.9% for Q3 2022 at Crexendo, down from 86.27% in the prior quarter.
- Across five years, Gross Margin topped out at 95.22% in Q3 2019 and bottomed at 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 slumped 1806 bps.
- Crexendo's Gross Margin stood at 48.91% in 2018, then soared by 92 bps to 93.8% in 2019, then dropped by 18 bps to 76.57% in 2020, then advanced by 13 bps to 86.27% in 2021, then slipped by 2 bps to 84.9% in 2022.
- Business Quant data shows CXDO's Gross Margin at 84.9% in Q3 2022, 86.27% in Q3 2021, and 76.69% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 51.30% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 38.75% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 37.92% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 84.60% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 77.82% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 80.02% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 52.37% |
| 10 | Crexendo | 217.90 Mn | 210.65 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% |