Crexendo, Inc. (CXDO)

Over the past six months, Crexendo's stock has increased by 31.68%. As of November 17, 2025, the share price was $6.45, up from $5.00 on November 18, 2024, representing a 29.00% increase over the year. In the past month, the stock has increased by 0.94% or 10.08%. Recent positive news includes Crexendo winning its second consecutive Generative AI Product of the Year Award, CFO Ron Vincent receiving the Arizona CFO of the Year Award, strong third-quarter 2025 results, surpassing a 7 million user milestone, and a partnership with NUSO to deliver global cloud communications capabilities.

Information regarding specific demand seasonality for Crexendo, Inc.'s products and services is not readily available in the provided public search results. Access to detailed data typically requires a subscription or account, limiting specific public data on demand seasonality for Crexendo's offerings.

Crexendo, Inc. is a software technology company providing cloud communication platform software and UCaaS in the United States and internationally. It operates in the Communication Services sector and Telecom Services industry, with two segments: Cloud Telecommunications Services and Software Solutions. The company's offerings include hardware, software, and unified IP or cloud technology, utilizing Crexendo-branded and third-party devices. They develop end-user portals for account management, billing, and support. Key offerings include unified communications, video conferencing, collaboration, and contact center solutions like SNAPsolution and SNAPaccel. Crexendo also provides subscription maintenance, support services, consulting, technical support, and design and installation, with most revenue from the Cloud Telecommunications segment.

Crexendo, Inc. serves approximately 12,500 business clients across 48 states in the United States. The company also operates internationally, focusing on North America, Europe, and select Asia-Pacific markets.

Crexendo has maintained a positive brand reputation over the past year, marked by several accolades and achievements. The company was rated #1 by verified customers in the Winter 2024 Grid Report for VoIP on G2.com. Crexendo also received its second consecutive Generative AI Product of the Year Award, recognition for its CFO, Ron Vincent, and announced it surpassed a 7 million user milestone on its platform.

Crexendo is owned by a mix of institutional shareholders, insiders, and retail investors. Institutional shareholders own approximately 25.89% of the company, while Crexendo insiders hold 48.74%, and retail investors account for 25.37%. Another source indicates institutional ownership at around 13.22% or 9.17%, with insiders at 44.35% and public/individual investors at 42.43% or 4.05%. Major institutional owners include BlackRock, Inc., Essex Investment Management Co Llc, and Vanguard Group Inc. The largest individual shareholder is Steven G. Mihaylo, who owns 11.30 million shares, representing 36.76% of the company.