Asure Software, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting a net loss of $604 thousand for the third quarter and total revenue of $40.0 million.

Key Highlights

  • Total revenue of $40.022 million for the three months ended September 30, 2026, up from $36.252 million in the same period of 2025, according to the filing.
  • Net loss of $604 thousand for Q3 2026, compared to a net loss of $5.362 million in Q3 2025, as reported in the condensed consolidated statements.
  • Recurring revenue of $36.912 million for the third quarter of 2026, versus $31.841 million in the third quarter of 2025.
  • Nine-month net loss of $4.422 million for the period ended September 30, 2026, compared to $13.883 million for the same period in 2025.
  • Total assets of $490.804 million as of September 30, 2026, down from $531.419 million at December 31, 2025.
  • 30,169,748 shares outstanding as of October 28, 2026, per the filing's cover page.
  • Accumulated deficit of $324.774 million as of September 30, 2026, compared to $320.352 million at December 31, 2025.

Asure Software's Q3 2026 Financial Results: Revenue Growth and Narrowing Losses

Asure Software, Inc. (NASDAQ:ASUR), a Delaware-incorporated company headquartered at 405 Colorado Street, Suite 1800, Austin, Texas, filed its quarterly report covering the period ended September 30, 2026. The filing reported total revenue of $40.022 million for the three months ended September 30, 2026, compared to $36.252 million for the same quarter in 2025. Recurring revenue accounted for $36.912 million of the quarterly total, with professional services, hardware and other revenue contributing $3.110 million.

The company reported gross profit of $27.844 million for Q3 2026 versus $23.538 million in Q3 2025. Income from operations was $515 thousand for the quarter, compared to a loss from operations of $3.499 million in the prior-year period. After accounting for interest expense of $1.762 million and other items, the company reported a net loss of $604 thousand, or $0.02 per basic and diluted share, for the three months ended September 30, 2026. For the nine months ended September 30, 2026, total revenue was $119.892 million versus $101.230 million for the same period in 2025, and the net loss was $4.422 million, or $0.15 per share.

On the balance sheet, total assets stood at $490.804 million as of September 30, 2026, compared to $531.419 million at December 31, 2025. Cash and cash equivalents were $16.780 million, down from $25.244 million at year-end 2025. Notes payable, net of current portion, were $59.358 million. Total stockholders' equity was $197.368 million at September 30, 2026, versus $197.796 million at December 31, 2025. Common shares issued and outstanding were 28,921 thousand at the close of the quarter, up from 28,076 thousand at December 31, 2025. Share-based compensation expense totaled $1.962 million in Q3 2026.

What Was Disclosed

Asure Software filed its unaudited condensed consolidated financial statements for Q3 2026 and the nine months ended September 30, 2026, showing revenue growth year-over-year, a narrowed quarterly net loss of $604 thousand, and total assets of $490.804 million as of September 30, 2026.