CXApp (CXAI) investor relations material

Executive summary

• Achieved a breakout Q1 2026 with $1.4M in bookings, over $5M in new multi-year enterprise contracts, and major wins across technology, financial services, and other sectors.

• Platform recognized as a Visionary in Gartner's Magic Quadrant for Workplace Experience Applications, validating product strategy and execution.

• Accelerated adoption driven by AI-native architecture, agentic AI assistant capabilities, and deep enterprise integrations, with expanded product roadmap including CXAI 2.0 and CXAI Chi.

• Focused on recurring, margin-protected revenue growth, disciplined cost management, and scaling through enterprise and mid-market channels.

• Cash and cash equivalents stood at $12.3M at quarter-end, providing a buffer for continued investment.

Financial highlights

• Q1 2026 revenue was $950,000, down from $1.02M in Q4 and $1.224M in Q1 2025, mainly due to lower professional services revenue.

• Subscription revenue mix improved to 98% of total revenue, up from 96% in Q4.

• Gross margin at 83%, down from 87% in Q4 and 88% year-over-year, reflecting infrastructure investments and revenue mix shift.

• Cash increased to $12.3M from $11.1M in Q4, despite higher operating expenses.

• Deferred revenue increased to $2.0M, reflecting continued enterprise renewals.

Outlook and guidance

• Management expects continued progress with new customer onboarding, AI-driven innovation, and expansion of enterprise SaaS offerings.

• No formal revenue or bookings guidance provided; focus remains on maximizing revenue growth, controlling costs, and protecting margins.

• Liquidity is expected to be sufficient for at least the next 12 months, supported by cash, financing sources, and cost management.

• Positioned to capitalize on a compounded 30X+ growth opportunity in digital workplace platforms and enterprise AI agents through 2030.

• Positive cash flow and EBITDA are goals, but no specific timeline was given.