Revenue Growth
Crexendo's total revenue grew by 12% year-over-year to $16.1 million, with a 33% increase in software solutions revenue.
User Milestone
The software solutions platform surpassed 6 million users during the quarter.
Gross Margin Improvement
Software solutions gross margins increased by 500 basis points to 78% compared to Q1 2024 and 1,000 basis points higher than Q4 2024.
Profitability
Reported strong GAAP net income of $1.2 million and non-GAAP net income of $2.6 million, with adjusted EBITDA of $2.6 million.
Industry Recognition
Crexendo received multiple awards including the 2025 Product of the Year and the Hosted VoIP Excellence Award from Internet Telephony Magazine.
Partnership and Ecosystem Growth
Crexendo's ecosystem vendor partner program is gaining traction, setting the stage for significant revenue in the future.