The cloud communications firm targets a $100M annual revenue run rate by year-end 2026 while planning its Volume 46 release next year.
Crexendo reported a 49% year-over-year revenue increase to $24.6 million in Q2 2026, driven by strong demand and acquisition integration. The company maintained GAAP profitability despite absorbing costs related to its ESI acquisition and amortization expenses.
Management highlighted robust cash generation and reiterated its goal of reaching a $100 million revenue run rate by the end of 2026. The firm also announced plans to launch Volume 46 in Q2 2027, aiming to further expand its product offerings.
Shares showed limited immediate reaction following the earnings call, as investors await further details on execution and growth sustainability.