Every 10-Q that Asure Software, Inc (ASUR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ASUR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASUR filings page.
Asure Software, Inc. reported higher revenue for the six months ended June 30, 2026, with total revenue of $79,870,000, up 23% from $64,978,000 a year earlier. Recurring revenue reached $71,715,000, while professional services, hardware and other revenue more than doubled to $8,155,000, helped by growth in time and attendance solutions.
Gross profit increased to $55,525,000 and gross margin rose to 70%. Operating expenses grew more slowly than revenue, so the net loss narrowed to $3,818,000, or $0.13 per share, compared with a $8,521,000 loss, or $0.31 per share, in the prior-year period. Interest expense increased to $3,499,000, reflecting the $60,000,000 senior credit facility with MidCap.
As of June 30, 2026, Asure held $19,679,000 in cash and cash equivalents, $178,915,000 of funds held for clients, and total debt of $71,395,000. Operating activities provided $7,180,000 of cash in the first half, and working capital was $13,434,000 while the company remained in compliance with its loan covenants.
Asure Software reported stronger results for the quarter ended March 31, 2026. Total revenue rose to $42,757,000 from $34,854,000, driven by 14% growth in recurring revenue and a sharp increase in hardware and services tied to time and attendance solutions.
Gross margin held at 71%, while operating expenses grew more slowly than revenue, helping the company swing from a net loss of $(2,398,000) to net income of $625,000, or $0.02 per diluted share. Asure continued its acquisition strategy, completing a customer relationship asset purchase for $6,172,000 and ending the quarter with stockholders’ equity of $200,123,000 and cash and cash equivalents of $19,221,000.
Asure Software reported higher revenue but wider losses. Q3 revenue rose to $36,252 from $29,304, driven by recurring revenue of $31,841 and a sharp increase in professional services, hardware and other revenue to $4,411. Gross margin was 64% as hardware mix increased.
The company posted a Q3 net loss of $5,362 versus $3,901 a year ago as operating costs and interest expense ($1,966) rose. For the nine months, revenue reached $101,230 with a net loss of $13,883.
Asure closed the Lathem acquisition on July 1 for $39,497 ($37,500 cash plus a note), adding $4,631 in revenue and $708 in net income through September 30. The company also completed customer relationship asset acquisitions totaling $19,363 year-to-date.
Liquidity and balance sheet shifted with a new MidCap loan of $60,000 at 9.66%, lifting gross notes payable to $74,475. Cash and cash equivalents were $21,520 and funds held for clients were $148,338 at quarter-end. Shares outstanding were 27,727 at September 30; as of October 29, there were 27,763,877 shares.