ACCESS Newswire·May 13, 2026, 4:05 PM ET

CXApp Inc. (Nasdaq:CXAI) Reports Q1 2026 Financial Results, Announces Over $5 Million Total Contract Value from Three Major Enterprises Selecting CXAI

CXApp Inc. (NASDAQ: CXAI) reported Q1 2026 results with revenue of approximately $0.95 million & total bookings of $1.4 million.
The company secured $5 million in total contract value from three major enterprise organizations following competitive RFPs.
Subscription revenue represented 98% of total revenue, highlighting a high recurring revenue mix.
GAAP gross margin remained strong at approximately 83% for the quarter.
Cash & cash equivalents totaled $12.3 million as of March 31, 2026, while deferred revenue increased to $2.0 million.
CXAI was named a Visionary in the inaugural Gartner Magic Quadrant for Workplace Experience Applications in April 2026.
New enterprise deals span multi-year agreements with combined operations in over 100 countries.
The platform features AI-native architecture, agentic AI capabilities, & deep integrations with Microsoft Exchange, Teams, Active Directory, & Microsoft Places.
Management projects a 30X+ growth opportunity by 2030 driven by the intersection of digital workplace platforms & enterprise AI agents.
The company focuses on scaling enterprise deployments & expanding agentic workflows to capture a larger share of the modern workplace technology stack.