CXApp Reports 77% Sequential Revenue Growth in Q3 2026
CXApp Inc. (CXAI) reported strong third-quarter 2026 financial results, highlighted by a 77% sequential increase in revenue to $3 million. The company demonstrated significant operational improvements, reducing its net loss per share by 80% compared to the previous quarter and narrowing its cash EBITDA loss from $2.7 million to $1.7 million. The transition toward a software-led model is gaining momentum, with recurring revenue now accounting for 93.7% of total revenue. Driven by the integration of the EngineRoom acquisition, CXApp has achieved an annualized revenue run rate of $12 million and maintains a cash balance of $9 million, which management estimates provides a six-quarter runway toward their goal of positive operating cash flow by Q3 2027.
Topics: cash runway contract wins net loss reduction revenue growth share repurchase program