Asure Software Q3 Revenue Rises 10% to $40 Million as Net Loss Narrows to $0.6 Million
Asure Software Inc (NASDAQ: ASUR), headquartered in Austin, Texas, reported third-quarter 2026 results. Revenue was $40 million, up 10 percent from $36.3 million a year earlier.
Recurring revenue rose 16 percent year over year to $36.9 million from $31.8 million. Gross profit increased to $27.8 million from $23.5 million, GAAP gross margin improved to 70 percent from 65 percent, non-GAAP gross margin reached 75 percent, and adjusted EBITDA rose 29 percent to $10.5 million as its margin expanded to 26 percent from 22 percent.
The third-quarter net loss narrowed to $0.6 million from $5.4 million in the same quarter last year. The company ended the quarter with $16.8 million of cash and $64.7 million of total debt.
For the fourth quarter of 2026, Asure expects revenue of $42 million to $44 million and adjusted EBITDA of $10 million to $12 million. Full-year 2026 guidance calls for revenue of $162 million to $164 million and adjusted EBITDA of $40 million to $42 million, while preliminary 2027 revenue guidance is $183 million to $187 million with an adjusted EBITDA margin of 26 percent to 28 percent. The guidance incorporates the company's October acquisition of a Southeastern U.S. payroll processing business serving mid-market organizations for $26.5 million.
Source: Asure Software
Published by GSM · USA (original Chinese edition)
Photo: 图：德州 Austin 市中心天际线（资料图）。来源：Larry D. Moore，Wikimedia Commons，CC BY 4.0。 / Photo: The downtown Austin, Texas skyline (file photo). Source: Larry D. Moore, Wikimedia Commons, CC BY 4.0.
