NASDAQ$CXAI
CXApp Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
CXApp reported record business performance in Q4 2024, driven by a significant transformation towards an AI-centric subscription application business and successful deployment of new products.
CXApp Inc. announced strong Q4 2024 and Annual 2024 financial results, highlighting a successful transition to an AI-centric subscription application business model. The company achieved double-digit ARR growth, increased subscription revenue split to 87%, improved Net Revenue Retention to 101%, and expanded Gross Margin to 82%. Significant progress was made in customer adoption and employee engagement, including the deployment of new products like CXAI Kiosk and CXAI VU.
- CXApp achieved double-digit Annual Recurring Revenue (ARR) growth from 2023.
- The subscription to one-time revenue split increased to 87% in 2024 from 78% in 2023, indicating a stronger recurring revenue model.
- Net Revenue Retention (NRR) improved significantly to 101% from 73%, demonstrating higher recurring revenue retention.
- Gross Margin (GM) increased to 82% from 78%, reflecting more profitable revenue.
Headline financials
Revenue & EPS history
CXApp · Revenue · Quarterly
$0
Forward guidance
CXApp anticipates 2025 to be a banner year, expecting significant expansion demand from existing customers and new enterprise clients, driven by its Agentic AI offerings and strong balance sheet.
Tailwinds
- Significant expansion demand from existing customers for scaling products in their footprint.
- Anticipated growth from new enterprise clients in target markets.
- Leveraging Silicon Valley based technology team and Global customer success teams to deliver amazing products and experiences.
- The era of Agentic AI for employee experiences is realized, positioning CXApp as a leader.
- Strong balance sheet with access to capital provides financial stability and capability to fund growth initiatives.
Headwinds
- The company's expectations, estimates, and projections may differ from actual results.
- The impact of the COVID-19 pandemic on business, operations, results, and financial condition.
- The demand for the Company's services may be adversely affected by economic, business, and/or competitive factors.
- Changes in consumer preferences or the market for the Company's services.
- Difficulties of managing growth profitably or loss of key management members/major customers.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2024
+1.8%
Avg return
Earnings day
-7.2%
Avg return
5 days after
+30.5%
Avg return
30 days after
42%
8 / 19 earnings
Positive
+76.0%
Q4 2024
Best reaction
-22.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.9% | +0.6% | — | |
| Q4 2025 | -20.4% | -10.5% | -18.0% | |
| Q3 2025 | -10.6% | -18.1% | -29.8% | |
| Q1 2025 | -1.0% | -3.8% | -2.9% | |
| Q4 2024 | +76.0% | -5.2% | -3.4% | |
| Q3 2024 | -22.8% | -24.5% | -3.3% | |
| Q1 2024 | -11.3% | -17.2% | -30.1% | |
| Q4 2023 | -0.7% | -17.7% | -24.3% | |
| Q3 2023 | -0.7% | -8.1% | -4.7% | |
| Q2 2023 | -8.6% | -38.2% | -70.5% | |
| Q1 2023 | +30.5% | +4.0% | +733.8% | |
| Q4 2022 | +0.0% | +0.8% | +0.5% | |
| Q3 2022 | +0.2% | +0.2% | +0.9% | |
| Q2 2022 | +0.1% | -0.2% | +0.2% | |
| Q1 2022 | +0.1% | +0.2% | +0.2% | |
| Q4 2021 | -0.1% | +0.0% | +0.0% | |
| Q3 2021 | -0.2% | -0.3% | +0.0% | |
| Q2 2021 | +0.3% | +0.2% | +0.3% | |
| Q1 2021 | +0.5% | +0.7% | +0.7% | |
| Q3 2020 | — | — | — |
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