Asure Announces First Quarter 2026 Results

Asure Software, Inc. reported its financial results for the first quarter ended March 31, 2026. The company achieved a revenue of $42.8 million, marking a 23% increase year-over-year. Recurring revenue grew by 14% to $37.8 million. Asure reported a net income of $0.6 million, a significant improvement from a net loss of $2.4 million in the prior year's first quarter. Adjusted EBITDA increased by 69% to $12.3 million, compared to $7.3 million in the same period last year. The company also highlighted recent business achievements, including the appointment of Tiffany Mortimer as Chief Transformation & People Officer. Asure provided revenue guidance for the second quarter and full year 2026, projecting revenues between $36.0M – $38.0M for Q2 and $159.0M – $163.0M for the full year. Adjusted EBITDA guidance for Q2 2026 is $6.0M – $8.0M, and for the full year 2026 is projected to be 23% – 25% of revenue.