Crexendo (CXDO) Research & Development (2010 - 2026)
Crexendo (CXDO) reported Research & Development of $1.83 million for Q3 2026, up 29.2% from $1.41 million a year earlier but down 0.2% from the prior quarter.
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Analysis
Crexendo (CXDO) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Crexendo's Research & Development came in at $6.57 million, up 11.8% year-over-year; for FY2025, it came in at $5.72 million, up 3.0% from FY2024.
- Research & Development has increased for eight consecutive years, with a five-year compound annual growth rate of 36.9% (FY2020 to FY2025).
- By year, Research & Development came in at $5.55 million in FY2024 (+14.2%), $4.86 million in FY2023 (+22.9%), $3.96 million in FY2022 (+183.3%) and $1.4 million in FY2021 (+17.4%).
- Five-year quarterly Research & Development spans a low of $300,000 in Q4 2021 and a high of $1.83 million in Q2 2026.
- Year over year, Research & Development has now increased in each of the last three quarters, with growth averaging 11.9% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q4 2022 (growth of 323.7%); the low point was Q4 2021 (a decline of 14.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.83 million (Q2 2026), $1.57 million (Q1 2026) and $1.35 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 92.84 Bn | 68.09 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Autodesk | 54.44 Bn | 42.47 Bn | 1.87 Bn | 464.00 Mn |
| 3 | Atlassian | 39.94 Bn | 33.22 Bn | 1.53 Bn | 759.82 Mn |
| 4 | Twilio | 33.57 Bn | 23.20 Bn | 760.53 Mn | 280.37 Mn |
| 5 | Zoom Communications | 27.01 Bn | -3.72 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.15 Bn | 3.47 Bn | 314.44 Mn | 205.20 Mn |
| 7 | Dropbox | 7.23 Bn | 2.87 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Open Text | 6.16 Bn | 1.59 Bn | 1.01 Bn | 149.10 Mn |
| 9 | RingCentral | 6.07 Bn | 5.60 Bn | 494.30 Mn | 88.07 Mn |
| 10 | Crexendo | 169.07 Mn | 89.31 Mn | - | 1.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.83 Mn |
| Jun 30, 2026 | 1.83 Mn |
| Mar 31, 2026 | 1.57 Mn |
| Dec 31, 2025 | 1.35 Mn |
| Sep 30, 2025 | 1.41 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Mar 31, 2025 | 1.52 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Sep 30, 2024 | 1.47 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Mar 31, 2024 | 1.25 Mn |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 1.28 Mn |
| Jun 30, 2023 | 1.14 Mn |
| Mar 31, 2023 | 1.19 Mn |
| Dec 31, 2022 | 1.27 Mn |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.23 Mn |
| Mar 31, 2022 | 304,000.00 |
| Dec 31, 2021 | 300,000.00 |
API Access
Crexendo Research & Development 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=research-and-development&ticker=CXDO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CXDO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();