EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

CXApp Inc.

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

Enterprise wins, high recurring revenue mix, strong gross margin and Gartner® Visionary recognition highlight CXAI’s positioning as a vertical AI platform for the modern workplace

PALO ALTO, CA / May 13, 2026 / CXApp Inc. (Nasdaq: CXAI), a leader in AI-powered workplace experience platforms, today reported financial results for the first quarter ended March 31, 2026 and announced significant enterprise momentum, including approximately $5 million in total contract value from three major enterprise organizations selecting CXAI following competitive RFPs and product evaluations. The wins, which are largely recurring in nature, reflect increasing demand for CXAI’s AI-native workplace platform and its emerging role as a vertical AI operating layer for the office.

The commercial momentum follows CXAI being named a Visionary in the inaugural Gartner® Magic Quadrant™ for Workplace Experience Applications (April 2026), which CXAI believes validates its product strategy, enterprise-grade execution and differentiated approach to AI-powered workplace transformation.

Q1 2026 Financial Highlights

● Revenue: Revenue for the first quarter of 2026 was approximately $0.95 million. Total bookings for the quarter were approximately $1.4 million, mostly recurring in nature, and are expected to contribute to recognized revenue over the coming quarters.

● High-Quality Revenue Mix: Subscription revenue represented approximately 98% of total revenue during the quarter.

● Gross Margin: GAAP gross margin remained strong at approximately 83%.

● Strong Cash Position: Cash and cash equivalents totaled approximately $12.3 million as of March 31, 2026, compared to approximately $11.1 million at December 31, 2025.

● Deferred Revenue Growth: Deferred revenue increased to approximately $2.0 million, reflecting continued enterprise renewals and customer agreements.

● Enterprise Momentum: The Company secured approximately $5 million in total contract value from new deals, including multiple multi-year enterprise agreements.

● Operational Execution: The Company completed two significant enterprise renewals with upsell opportunities and continued deployment of agentic AI pilot initiatives.

“Our first quarter reflects a highly recurring revenue base, strong gross margin profile and growing traction with enterprise opportunities tied to our agentic AI strategy. With approximately $12.3 million in cash and increased deferred revenue, we believe we are well positioned to execute against our 2026 priorities.”

— Joy Mbanugo, Chief Financial Officer of CXApp Inc.

Three Enterprise Selections Signal Accelerating Market Demand

Three large enterprise organizations have selected the CXAI platform following competitive evaluations involving multiple vendors. The engagements span multi-year agreements with combined operations in more than 100 countries. The deals incorporate volume-tiered pricing models designed to scale as these organizations expand usage across additional locations and employee populations.

Why Enterprises Are Choosing CXAI

Common factors driving the selection include the platform’s AI-native architecture, agentic AI assistant capabilities, and deep enterprise integrations with systems such as Microsoft Exchange, Teams, Active Directory, and Microsoft Places, as well as the breadth of functionality spanning mobile apps, web portals, interactive kiosks, indoor wayfinding, and real-time analytics through CXAI VU.

Vertical AI for the Office: From Workplace App to Intelligent Operating Layer

CXAI’s platform is purpose-built for the office environment, where employees, visitors, facilities teams and enterprise systems interact every day. By connecting workplace data and workflows, CXAI enables organizations to deliver more personalized experiences, improve utilization, reduce friction and create a more responsive physical workplace.

The Company believes the next phase of workplace technology will be defined by AI that understands context: where people are, what resources are available, which systems need to be coordinated, and how the office can adapt in real time. CXAI’s agentic AI capabilities are being developed to help automate routine workplace tasks, surface recommendations, orchestrate integrations and improve the employee and customer experience across complex enterprise environments.

CXAI sits at the intersection of two rapidly expanding markets – digital workplace platforms and enterprise AI agents – which the Company believes represents creating a compounded 30X+ growth opportunity through 2030.

A Scalable Platform for Enterprise Growth

CXAI’s revenue model is designed to scale as customers expand deployments across users, locations, integrations and AI-driven workflows. The Company expects growt

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EXHIBIT 99.1

Exhibit 99.1

CXApp Inc.

CXApp Inc. (Nasdaq: CXAI) Reports Strong Q1’25 Customer Success Metrics and Adoption of Agentic AI based CXAI Platform

Highest Subscription Revenue Ratio (99%) and Gross Margin (88%) with 3 large customer expansion renewals at 130%+

CXAI Kiosk and CXAI VU being utilized for RTO (Return-to-Office) initiatives across large enterprises

PALO ALTO, CA / May 20, 2025 / CXApp Inc. (Nasdaq: CXAI), the global technology leader in employee workplace experiences announced its Q1 2025 financial results and update on its state-of-the-art technology platform CXAI (“Sky”).

Chairman and CEO Khurram Sheikh commented,” The CXAI platform anchored on customer experience (CX) and artificial intelligence (AI) is the most advanced technology solution solving the biggest problems in our industry post the pandemic – the Return to Office (RTO) and Employee Engagement. The first quarter in 2025 has seen a resurgence of RTO mandates and an increased interest in Agentic AI solutions that are transformational to employee experiences. We had a very successful quarter hitting our business objectives with three large expansion renewals as well as solid engagement on our CXAI platform’s new products CXAI Kiosk and CXAI Vu.”

The quarterly financials for the Company in Q1 2025 demonstrated significant progress of customer success metrics towards a highly profitable subscription and consumption platform model anchored on AI:

● ARR Expansion Growth: 130%+ Renewals for three large Fortune 500 clients

● Subscription to One time Revenue split: 99% from 87% in Q1 2024 - leading to more recurring revenue

● Gross Margin (GM): 88% from 82% in Q1 2024

● EPS: (.08) from (0.34) Q1 2024 primarily because of reduced Opex and reduced derivative liability

“Overall, the company has seen continued improvement in financial metrics as we start 2025. Our strong performance demonstrates the effectiveness of our shift toward a subscription-based model and our focus on customer success creating value through scalable, recurring revenue,” said Joy Mbanugo, Chief Financial Officer of CXApp “With continuing focus on user engagement, operational resilience and our agentic AI platform, we’re positioning CXAI for consistent, sustainable growth that aligns with the evolving needs of our clients.”

The Company made amazing progress on existing customer growth, adoption and usage leading to high employee engagement with our large enterprise clients, some key highlights:

● Three our largest customers renewed this quarter and increased their combined ARR by >130% as they see incredible usage of our technology platform by their employees.

● After deploying our latest CXAI 1.5 platform last quarter, a leading financial services customer has renewed this quarter and now plans to launch multiple sites globally. This includes the trifecta CXAI platform offering of CXAI App, CXAI BTS (rule engine and content management system) and CXAI VU (analytics engine)

● We are now engaged to deploy the CXAI Kiosk at multiple locations globally with many clients after our successful first customer deployment in Silicon Valley. This is starting to become a “must have” for our clients with RTO mandates.

● We are deploying our AI-based localization capability in partnership with Google Cloud to all major customers in 2025

Khurram Sheikh, Founder, Chairman and CEO of CXApp Inc. expressed confidence on the Company’s future, “We are excited to have achieved significant milestones in product delivery to meet our customers’ expectations that has resulted in continued momentum in providing the best in class employee experience platform in the market. The amazing innovations from our team with our analytics platform CXAI VU and the upcoming agentic AI solutions position us well for 2025 and beyond to lead the revolution of transformational employee experiences.”

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Khurram Sheikh concluded, “RTO is a multi-billion problem and with our CXAI platform we are leading the industry with a disruptive offering. We’re leveraging cutting-edge AI technology to enhance productivity, engagement, and efficiency in the enterprise. Our new generative AI capabilities allow us to automate complex workflows and offer our customers intelligent solutions that drive measurable outcomes solving real world problems. Some of the largest brands in the world in the Fortune 500 are our clients and we are working with them as partners to solve their problems and their commitment to renew and expand significantly with us establishes us as the leader in this emerging market.”

“We have started 2025 on a positive note and we see significant expansion demand from existing customers for scaling our products in their footprint as well as new enterprise clients in our target markets. With our Silicon Valley based technology team and global customer success teams delivering amazing products and experiences today and a healthy balance sheet with access to capi

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EXHIBIT 99.1

Exhibit 99.1

CXApp Inc.

CXApp Inc. (Nasdaq: CXAI) Reports Record Business Performance for 2024 and Momentum of Agentic AI based CXAI Platform

Transformation to an AI-centric Subscription Application Business

Successful deployment of New Products CXAI Kiosk and CXAI VU

PALO

ALTO, CA / ACCESSnewswire / April 3, 2025 / CXApp Inc. (Nasdaq: CXAI), the global technology leader in employee workplace experiences announced its Q4 2024 and Annual 2024 financial results and update on its state-of-the-art technology platform CXAI (“Sky”).

Chairman and CEO Khurram Sheikh commented, “Agentic AI is transformational to employee experiences and 2024 has been a transformational year for the Company on both the business and product side. The CXAI platform anchored on customer experience (CX) and artificial intelligence (AI) is the most advanced technology solution solving the biggest problems in our industry post the pandemic – the Return to Office (RTO) and Employee Engagement. Our team has completed the product transformation to a single code base and streamlined our cost structure resulting in a profitable CXAI 1.0 application business and now we are investing in Agentic AI for the massive opportunity to reshape the whole market for employee experiences”.

The annual financial metrics for the Company in 2024 demonstrated significant progress for the year driven by a major transformation of the business metrics towards a true subscription platform business:

●ARR

(Annual Recurring Revenue) Growth: Double Digit Growth in recurring revenue from 2023

●Subscription to One time Revenue split: 87% in 2024 from 78% in 2023 - leading to more recurring revenue

●Net Revenue Retention (NRR): 101% from 73%- higher recurring revenue retention

●Gross Margin (GM): 82% from 78%- more profitable revenue

●Opex and EBITDA: 20% Reduction in Expenses and 30% increase in EBITDA

“Overall, the company has seen a major improvement in financial metrics year-over-year. Our strong performance demonstrates the effectiveness of our shift toward a subscription-based model and our focus on creating value through scalable, recurring revenue,” said Joy Mbanugo, Chief Financial Officer of CXApp “With 87% of revenue now derived from subscriptions this year and an NRR>100% with healthy gross margins, we’re positioning CXApp for consistent, sustainable growth that aligns with the evolving needs of our clients. Moreover, we are coming into 2025 with a strong balance sheet with access to capital that provides us financial stability as well as capability to fund our growth initiatives”.

The Company made amazing progress on customer adoption and employee engagement with large enterprise clients in 2024, some key highlights:

●We successfully enabled a single code-base solution to all existing customers, now called CXAI 1.0 – this resulted in acceleration of feature upgrades as well as massive optimization of cost structures

●One of our largest customers increased their ARR by >100% YoY and have significant plans to scale up their offering to all campuses globally

●We completed the first deployment of the brand new CXAI 2.0 platform at a leading financial services customer last quarter. This includes the trifecta CXAI platform offering of CXAI App, CXAI BTS (rule engine and content management system) and CXAI VU (analytics engine)

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●We completed the deployment of our brand new product CXAI Kiosk at the headquarters of a technology leader in Silicon Valley that is critical to their RTO

●We are deploying an AI-based localization capability in partnership with Google Cloud to a major client in the entertainment industry that will be rolled out for all major customers in 2025

●Our partnership with Google Cloud is at the strategic partner level that is allowing us early access to AI models and tools that are powering our rapid development and deployment of new products like CXAI VU delivered in 2024 as well as our aggressive roadmap of Agentic AI offerings in 2025

Khurram Sheikh, Founder, Chairman and CEO of CXApp, Inc. expressed confidence on the Company’s performance, “We are excited to have achieved significant milestones in product delivery to meet our customers’ expectations that has resulted in continued growth over the past year leading to our best financials to date. The amazing innovations from our team with our analytics platform CXAI VU and the unique CXAI Kiosk position us well for 2025 to exceed our customer’s expectations to provide the best employee experience solution in the market.”

Khurram Sheikh concluded, “RTO is a multi-billion problem and with our CXAI platform we are leading the industry with a disruptive offering. We’re leveraging cutting-edge AI technology to enhance productivity, engagement, and efficiency in the enterprise. Our new generative AI capabilities allow us to automate complex workflows and offer our customers intelligent solutions that drive measurable outcomes solving rea