Aware, Inc. Q2 2026 Financial Results

Aware, Inc. reported financial results for the second quarter ended June 30, 2026. Revenue was $3.3 million, a decrease from $3.9 million in the prior-year period, attributed to lower perpetual software license revenue. Operating expenses increased to $6.0 million from $5.9 million year-over-year, due to costs from 2025 hires, partially offset by spending reductions. The company reported a net loss of $2.6 million, or $0.12 per diluted share, compared to a net loss of $1.8 million, or $0.08 per diluted share, in the prior-year period. Adjusted EBITDA loss was $2.3 million, an increase from $1.4 million in the prior-year period. For the six months ended June 30, 2026, revenue was $6.6 million, down from $7.5 million in the prior year. Operating expenses rose to $13.0 million from $11.3 million, including severance costs. The net loss for the six-month period was $6.0 million, or $0.28 per diluted share, compared to a net loss of $3.4 million, or $0.16 per diluted share, in the prior year. Adjusted EBITDA loss for the six months was $5.5 million, up from $3.0 million in the prior year. The company highlighted operational achievements including new partnerships and advancements in its Awareness Platform, and noted increased business development activity in the public sector following the normalization of Department of Homeland Security operations.