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
DateValue
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%