Cxapp Inc. income statement
In fiscal 2025, Cxapp Inc. reported revenue of $4.6m, down 35.8% on the year before, operating income of −$17.6m (a -383.5% margin) and net income of −$13.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 7 | 5 | 5 |
| Cost of revenue | 1 | 1 | 1 |
| Gross profit | 6 | 4 | 4 |
| Research and development | 6 | 7 | 6 |
| Selling and marketing | 3 | 2 | 2 |
| General and administrative | 7 | 8 | 9 |
| Operating income | −14 | −18 | −18 |
| Interest expense | 1 | 0 | — |
| Net interest income | −2 | −1 | −1 |
| Income before tax | −20 | −14 | −22 |
| Income tax | −1 | −0 | — |
| Net income | −19 | −13 | −21 |
| EBITDA | −14 | −18 | −18 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,897 | 1,661 | 1,224 | 1,223 | 1,114 | 1,022 | 950 | 1,694 |
| Cost of revenue | 372 | 233 | 150 | 171 | 123 | 134 | 160 | 623 |
| Gross profit | 1,525 | 1,428 | 1,074 | 1,052 | 991 | 888 | 790 | 1,071 |
| Research and development | 1,552 | 1,498 | 1,476 | 2,193 | 1,475 | 1,492 | 1,502 | 1,688 |
| Selling and marketing | 689 | 572 | 594 | 595 | 412 | 492 | 413 | 486 |
| General and administrative | 2,286 | 1,494 | 2,066 | 1,692 | 2,246 | 1,969 | 2,316 | 2,291 |
| Operating income | −3,685 | −2,819 | −3,745 | −4,111 | −3,825 | −5,896 | −4,124 | −4,119 |
| Interest expense | 317 | 111 | 2 | 0 | 0 | 0 | — | — |
| Net interest income | −316 | −232 | −37 | −163 | −107 | −394 | 17 | −168 |
| Income before tax | −5,581 | −3,458 | −1,616 | −3,138 | −3,157 | −5,608 | −4,001 | −9,271 |
| Income tax | −147 | −122 | — | 1 | 0 | −47 | 2 | — |
| Net income | −5,434 | −3,978 | −1,616 | −3,139 | −3,157 | −5,561 | −4,003 | −8,620 |
| EBITDA | −3,665 | −2,804 | −3,733 | −4,099 | −3,814 | −5,886 | −4,115 | −4,108 |
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