Quarterly reports
Asure Software reported second-quarter 2026 revenue of $37.1 million, up 23.2% year over year. First-half revenue reached $79.9 million, up 22.9%.
Asure Software opened fiscal 2026 with first-quarter revenue of $42.76 million, up 22.7% from the prior-year quarter. Gross profit rose 23.8% to $30.47 million. Gross margin was 71.3%, up 0.7 percentage points.
Asure Software closed fiscal 2025 with a fourth quarter that turned profitable on a GAAP basis. Net income was $0.76 million, up from the prior-year quarter and swinging to a profit. Operating income was $1.76 million, also up from the prior-year quarter and swinging to a profit.
ASURE Software reported third-quarter 2025 total revenue of $36.3 million, up 24% from the prior-year quarter. Year-to-date revenue was $101.2 million, up 14%. Gross profit was $23.1 million in the quarter, up 17%, and $67.7 million for the first nine months, up 11%.
Asure reported second quarter 2025 revenue of $30.1 million, up 7.4% from the prior year quarter. Revenue excluding ERTC rose 10%. Gross profit was $19.9 million, up 5.5%, but gross margin slipped to 66.1%, down 1.2 percentage points. Operating loss came in at $4.65 million, a wider loss than the prior year quarter.
Asure Software reported first-quarter 2025 revenue of $34.9 million, up 10.1% from the prior-year quarter. Gross profit was $24.6 million, up 8.9%. Gross margin was 70.6%, down 0.8 percentage points. The company still posted an operating loss of $2.02 million, and that loss widened from the prior-year quarter.
Asure closed fiscal 2024 with fourth-quarter gross profit of $20.93 million, up 17.3% from the prior-year quarter. The full-year trend was weaker. Gross profit for the year was $82.11 million, down 4.0% from the prior year.
Asure Software reported third quarter revenue of $29.3 million, flat versus the prior-year quarter and down 0.1%. The top line looks stalled, but the mix underneath shifted sharply. Recurring revenue grew 20% year over year and made up 98% of total revenue, against 81% a year earlier.
Asure Software reported second quarter revenue of $28.04 million, down 7.8% from $30.42 million a year earlier. The decline came almost entirely from a $6.5 million reduction in ERTC revenue. Revenue excluding ERTC revenue grew 18% versus the prior-year quarter, and recurring revenue rose 18% to $27.1 million.
Asure Software's fiscal 2024 first quarter showed a split between recurring business momentum and GAAP profitability pressure. Total revenue was $31.65 million, down 4.3% from the prior-year quarter. Gross profit was $22.61 million, down 7.3%.
Asure closed fiscal 2023 with a fourth quarter that looked very different from the full year. Fourth-quarter revenue was $26.26 million, down 10.3% from the prior-year quarter. Full-year revenue reached $119.08 million, up 24.3%.
Asure Software posted third quarter revenue of $29.3 million, up 34% from the prior-year quarter. Year-to-date revenue was $92.8 million, up 39.5%. Gross profit for the quarter reached $21.3 million, up 56%, and gross margin climbed to 72.5% from 62.3%.
Asure Software reported second quarter revenue of $30.4 million, up 49.9% from the prior-year quarter. Recurring revenue reached $23.0 million, up 21% from the prior-year second quarter. Gross profit was $22.0 million, up 79.6%, and gross margin rose to 72.4%, up 12.0 percentage points.
Asure Software opened fiscal 2023 with first-quarter revenue of $33.1 million, up 36% from the prior-year quarter. Gross profit rose 58%, to $24.4 million, and gross margin reached 73.8%, up from 63.6%.
Asure Software closed fiscal 2022 with fourth quarter revenue of $29.3 million, up 39% from the prior-year quarter, and full-year revenue of $95.8 million, up 26%. Gross profit was $21.1 million in the quarter, up 59.4%, and $62.5 million for the full year, up 34.2%.
Asure Software reported third quarter revenue of $21.90 million, up 21.8% from the prior-year quarter. The top line reached $66.54 million for the nine months ended September 30, 2022, up 21.1% year over year. Gross profit rose faster than revenue.
Asure Software posted healthy top-line growth but a much weaker bottom line for the quarter ended June 30, 2022. Revenue was $20.3 million, an increase of 18.2% from $17.2 million in the prior-year quarter. Gross profit rose to $12.3 million, up 23.3%.
Asure finished fiscal 2021 with accelerating fourth-quarter growth. Revenue for the quarter ended December 31, 2021 was $21.11 million, up 28.5% from the prior-year quarter. Full-year revenue reached $76.06 million, up 16.1%.
Asure Software reported third-quarter fiscal 2021 revenue of $17.98 million, up 12.3% from $16.02 million in the prior-year quarter. Gross profit rose 19.8% to $10.87 million, and gross margin improved to 60.4% from 56.7%, a gain of 3.8 percentage points.
Asure Software posted second quarter revenue of $17.2 million, up 21.6% from the prior-year quarter. Executives said the increase split roughly evenly between organic and inorganic sources.
Asure Software's FY2021 Q1 revenue was $19.80 million, up 4.5% from the prior-year quarter. Recurring revenue accounted for more than 95% of the total. Management credited 2020 acquisitions and higher balances in funds held for clients, and said COVID-related headcount reductions at clients held the top line back.
Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.