Crexendo (CXDO) Operating Expenses (2010 - 2026)

Crexendo has reported Operating Expenses for 16 years, with the latest figure at $20.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 35.98% year-over-year to $20.3 million; the trailing twelve-month figure through Mar 2026 stood at $68.8 million (up 14.51% YoY), and the FY2025 full-year result was $63.5 million, up 7.56% from the prior year.
• Operating Expenses for Q1 2026 stood at $20.3 million, up from $16.9 million in the prior quarter.
• The five-year high for Operating Expenses was $46.0 million in Q4 2022, with the low at $9.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $16.0 million across 5 years, with a median of $14.1 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 370.18% — and 2023, when it sank 69.32%.
• Crexendo's Operating Expenses stood at $46.0 million in 2022, then slumped by 69.32% to $14.1 million in 2023, then gained by 10.53% to $15.6 million in 2024, then climbed by 8.42% to $16.9 million in 2025, then grew by 19.74% to $20.3 million in 2026.
• The last three Operating Expenses figures came in at $20.3 million (Q1 2026), $16.9 million (Q4 2025), and $16.2 million (Q3 2025), per Business Quant data.