0001628280-26-028869
SEC filingAsure Software reported Q1 2026 revenue of $42.8 million, up 23% year-over-year, with net income of $0.6 million and raised full-year 2026 revenue guidance to a range of $159.0 million to $163.0 million.
Asure Software delivered a strong start to fiscal 2026, reporting first quarter revenue of $42.8 million, a 23% increase compared to the same period last year. This growth was accompanied by a significant improvement in profitability, as the company swung from a net loss of $2.4 million in the prior year period to a net income of $0.6 million. Chairman and CEO Pat Goepel characterized the quarter as the strongest start in the company's recent history, citing the convergence of accelerating organic growth and profitability as validation of strategic investments in the platform, personnel, and go-to-market capabilities. The company also reported a 69% year-over-year increase in Adjusted EBITDA to $12.3 million, with Non-GAAP gross margin expanding slightly to 76%. Operationally, the company announced the appointment of Tiffany Mortimer as Chief Transformation & People Officer to support ongoing organizational scaling. Looking forward, management provided revenue guidance for the second quarter of 2026 in the range of $36.0 million to $38.0 million and raised the full-year 2026 revenue outlook to a range of $159.0 million to $163.0 million, with a target Adjusted EBITDA margin of 23% to 25%. Management indicated that continued investments in AI capabilities and sales expansion are expected to drive further growth and efficiency.