Asure Software reported second-quarter 2026 revenue of $37.1 million, up 23% year-over-year, with recurring revenue of $34.0 million, up 19% year-over-year. The company posted a net loss of $4.4 million for the quarter while adjusted EBITDA was $7.7 million. Management reiterated focus on product attach rates, AI capabilities and sales and marketing investments as it provided Q3 and full-year 2026 revenue guidance.

Financial Highlights

  • Revenue: $37.1 million for Q2 2026, up 23% from $30.1 million in Q2 2025.
  • Recurring revenue: $34.0 million for Q2 2026, up 19% from $28.6 million in Q2 2025.
  • Gross profit: $25.1 million for Q2 2026 (gross profit reported; non-GAAP gross profit $27.1 million with a 73% non-GAAP margin).
  • Net loss: $(4.4) million for Q2 2026 versus a net loss of $(6.1) million in Q2 2025.
  • Adjusted EBITDA: $7.7 million for Q2 2026 (Adjusted EBITDA margin 20.9%).

Business Highlights

  • Product performance: Asure reported improved organic growth and increased attach rates across its product suite, with continued positive trends following the launch of AsureWorks® and a healthy sales pipeline.
  • Partnership expansion: Expanded distribution partnership with Foodservice Restaurant Partners Group’s FRPG Restaurant Rewards, extending reach into a network spanning 20 states and roughly 3,000 independent restaurant members.
  • AI and product investment: Management emphasized continued advancement of AI capabilities integrated into HCM offerings to enhance scalability and client interactions.
  • Sales and marketing focus: Company is increasing sales and marketing efforts to build on growth momentum and drive further product attach and adoption.

Original SEC Filing:

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