AWARE INC /MA/ earnings

Aware posted weaker second-quarter fiscal 2026 results as revenue and profitability both deteriorated. Revenue for the quarter ended June 30, 2026 was $3.25 million, down 16.5% from $3.90 million in the prior-year quarter. Year-to-date revenue was $6.64 million, down 11.5% from $7.50 million.

Aware's fiscal 2026 first quarter, ended March 31, 2026, showed a company in transition with a shrinking top line. Revenue was $3.39 million, down 6.2% from the prior-year quarter. The operating loss widened to $3.65 million. Net loss was $3.46 million, or $0.16 per diluted share.

Aware closed fiscal 2025 with a smaller top line and a wider annual loss. Fourth-quarter revenue was $4.66 million, down 2.8% from the prior-year quarter. Full-year revenue was $17.29 million, down 0.6%. The fourth-quarter operating loss narrowed to $1.45 million, a 1.5% improvement from the prior-year quarter.

Aware's third quarter revenue rose 33% year over year to $5.1 million. Net loss narrowed to $1.1 million, and diluted EPS improved to $(0.05). Operating loss narrowed to $1.3 million, and operating margin improved to negative 25.2%.

Aware's fiscal 2025 second quarter showed a smaller revenue base carrying a larger cost structure. Revenue for the three months ended June 30, 2025 was $3.9 million, down 9.9% from $4.3 million in the prior-year quarter.

Aware, Inc. reported first quarter 2025 financial results on April 30, 2025. Revenue for the quarter ended March 31, 2025 was $3.6 million, down 18.4% from the prior-year quarter. The operating loss widened 46.8% to $1.85 million. The net loss widened 62.7% to $1.6 million.

Aware closed fiscal 2024 with a mixed quarter. Revenue in the fourth quarter rose 9.7% year over year to $4.80 million. The full year was weaker: revenue fell 4.7% to $17.39 million. The quarterly operating loss narrowed 67.1% to $1.47 million, and the full-year operating loss narrowed 35.1% to $5.54 million.

Aware's third quarter 2024 revenue fell to $3.85 million from $6.38 million in the prior-year quarter, a 39.7% decline. The drop was largely tied to software license revenue, which shrank after the prior-year quarter included a one-time license sale to a federal agency.

Aware posted second quarter revenue of $4.3 million, up 35.7% from the prior-year quarter. The increase came as recurring revenue rose 31% to $2.7 million and management pointed to an expansion sale to an existing customer in Europe. For the first half of 2024, revenue reached $8.7 million, up 16.7% year over year.

Aware's first quarter of 2024 delivered $4.4 million of revenue, up 2.7% from $4.3 million in the same quarter a year earlier. The operating loss narrowed to $1.3 million from $1.9 million, and the net loss narrowed to $1.0 million, or $0.05 per diluted share, from $1.6 million, or $0.07.

Aware reported fourth-quarter revenue of $4.37 million, up 7.7% from the prior-year quarter. Full-year revenue reached $18.24 million, up 14.0%. The top line grew, but profitability deteriorated sharply. The quarter's operating loss was $4.48 million, and the loss widened 121.9% from the prior-year quarter.

Third quarter revenue at Aware was $6.38 million, up 111.6% from the prior-year quarter. Net income was $1.14 million, down 56.0%. Diluted EPS was $0.05, down 58.3%. Operating income was $0.75 million, down 69.4%. The nine-month period looks different. Revenue for the nine months was $13.87 million, up 16.1%.

Aware's second quarter of 2023 showed a sharper revenue decline and a wider loss than the prior-year quarter. Revenue was $3.18 million, down 24.9% from the same quarter last year. The company said lower software license revenue drove the drop.

The quarter was weak on both the top and bottom lines. Revenue fell 8.2% from the prior-year quarter to $4.30 million. Operating loss widened 45.1% to $1.87 million. Net loss widened 22.6% to $1.57 million. Diluted EPS was negative $0.07, down $0.01, so the per-share loss widened.

Aware reported fourth-quarter revenue of $4.06 million, up 1.7% from the prior-year quarter. Full-year revenue was $16.01 million, down 5.0% from the prior year. The quarterly operating loss was $2.02 million, and the loss widened from the prior-year quarter.

Aware, Inc. reported third quarter 2022 revenue of $3.02 million, down 27.8% from the same quarter a year earlier. The decline reflected persistent macroeconomic headwinds and customer orders that were postponed to the fourth quarter of 2022, according to management.

Aware, Inc. posted second quarter fiscal 2022 revenue of $4.24 million, down 0.6% from $4.26 million in the prior-year quarter. Losses narrowed. Net loss came in at $1.29 million versus $1.54 million a year earlier, and the diluted loss per share was $0.06 versus $0.07.

Aware reported first quarter 2022 revenue of $4.7 million, up 6% from $4.4 million in the prior-year quarter. The release called it the highest quarterly revenue since 2018. The year-over-year increase was primarily due to higher subscription-based revenue and higher maintenance revenue.

Aware closed fiscal 2021 with fourth-quarter revenue of $4.0 million, up 16.7% from the prior-year quarter. Full-year revenue reached $16.9 million, up 49.0% from fiscal 2020. The press release attributed the top-line gain to higher subscription-based revenue and higher maintenance revenue.

Aware grew third-quarter 2021 revenue 68.8% year over year, to $4.2 million from $2.5 million. Management attributed the gain to subscription revenue tied to higher Knomi transaction volumes from existing customers, new Knomi contracts, and fixed-fee license deals.

Aware's second quarter of 2021 delivered the topline jump the company has been promising. Revenue for the quarter ended June 30, 2021 was $4.3 million, up 125.6% from $1.9 million in the prior-year quarter. For the six months ended June 30, 2021, revenue was $8.7 million, up 60.5% from $5.4 million.

Aware opened fiscal 2021 with revenue of $4.42 million in the quarter ended March 31, 2021, up 25.6% from $3.52 million in the prior-year quarter. That marked the third consecutive quarter of growth.