Asure Announces Third Quarter 2026 Results
Globe Newswire•29/10/2026•16:01 ET
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Key Highlights
- ➤Q3 revenue $40.0 million, up 10% year over year
- ➤Recurring revenue $36.9 million, up 16% year over year
- ➤Q3 net loss narrowed to $0.6 million from $5.4 million
- ➤FY2026 revenue guidance set at $162.0M–$164.0M
- ➤Completed $26.5 million payroll-processing business acquisition in October
Expert Statements
Pat Goepel, Chairman and CEO of Asure Software
“We delivered solid growth in the third quarter, with revenue increasing 10% year-over-year to $40.0 million and recurring revenue up 16% versus the prior year, also we experienced a notable uplift in gross margins, as well as improved profitability.”
Pat Goepel, Chairman and CEO of Asure Software
“Our organic growth continued to improve during the quarter, with total revenue up 9% and recurring revenue up 14% organically. We remain focused on driving attach rates across our client base as we deepen relationships and broaden the solutions we deliver. We continue to see significant potential for AsureWorks™ as adoption builds and our pipeline grows.”
Pat Goepel, Chairman and CEO of Asure Software
“We are pleased to have completed our recent acquisition in the southeastern United States, an important step in our inorganic growth strategy, and to have put in place a new credit agreement, that gives us added flexibility to pursue both organic and inorganic growth. On the organic side, we are excited about the new distribution channels for our Payroll Tax Management solution and the opportunity they create. We expect to keep investing in the business to fuel growth on both fronts. We expect to finish 2026 on a high note and believe our outlook for 2027, as reflected in our guidance is bright.”
Third Quarter 2026 Revenues of $40.0 Million up 10% year over year
AUSTIN, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the third quarter ended September 30, 2026.
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