CXAI Reports 77% Sequential Revenue Growth to $3M in Q3 2026
Key Highlights
- ➤Revenue increased 77% sequentially to $3.005 million in Q3 2026
- ➤Recurring revenue reached $2.815 million, representing 93.68% of total revenue
- ➤Cash EBITDA loss narrowed 37% to approximately $1.7 million sequentially
- ➤Management targets positive Cash EBITDA and operating cash flow by Q3 2027
- ➤CXAI Beat reached beta readiness, targeting commercial go-live in January 2027
Expert Statements
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“Q3 represents an important operating inflection for CXAI,”
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“We are generating significantly more revenue while reducing our underlying operating losses.”
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“We are not simply building a larger business. We are building a more scalable and financially sustainable AI software company.”
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“Our focus is on disciplined execution, with a clear target of achieving positive operating cash flow by the third quarter of 2027”
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“With EngineRoom now integrated into our business, we have expanded our customer reach from blue-chip enterprises into the mid-market, while strengthening our recurring revenue foundation.”
Khurram Sheikh, Chairman and Chief Executive Officer of CXAI
“We believe our combination of enterprise customer relationships, vertical-market distribution and agentic AI technology creates meaningful opportunities for growth.”
PALO ALTO, CA / ACCESS Newswire / November 4, 2026 / CXApp Inc. (Nasdaq:CXAI) ("CXAI" or the "Company"), an enterprise agentic AI platform company, today announced financial and operating results for the third quarter ended September 30, 2026.
The third quarter marked an important step in CXAI's transformation into a larger, highly recurring, capital-efficient AI software business. With a full-quarter contribution from EngineRoom, the Company achieved substantial sequential revenue growth while reducing its underlying operating losses.
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