Asure (ASUR)
NASDAQ:ASUR
Want to see ASUR full AI Analyst Report?
Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.08Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:Apr 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented multiple meaningful operational and financial wins: strong Q1 revenue growth (+23% YoY), accelerating organic growth (7%), a move to profitability and significant adjusted EBITDA expansion (+69% YoY, +800 bps margin improvement), growing recurring revenue mix, platform adoption (Asure Central) and clear AI-driven efficiency gains from Luna. Management provided constructive guidance and a path to higher long-term margins, highlighted a promising managed-services initiative (AsureWorks) and detailed a plan to convert Lathem into recurring revenue. Offsetting these positives are seasonal effects and conservative full-year guidance, one-time volatility in professional services/hardware revenue as Lathem transitions, balance-sheet leverage (debt > cash), early-stage execution risk for AsureWorks, flat float revenue with interest-rate sensitivity, and moderate backlog conversion expectations. Overall, the highlights significantly outweigh the lowlights given the scale of revenue/margin improvements and platform/AI progress, while risks appear manageable and well-articulated.Company Guidance
Strong Top-Line Growth
Q1 2026 revenue of $42.8M, up 23% YoY from $34.9M, reflecting momentum across core business lines and validating platform and AI investments.
Accelerating Organic Growth
Organic growth of 7% in Q1 2026 versus 3% in Q1 2025 and 3.5% in Q1 2024, signaling a meaningful acceleration in same-store performance.
Recurring Revenue Mix and Growth
Recurring revenue of $37.8M (+14% YoY) represented ~88% of total revenue in Q1; company expects recurring revenue to trend to low-90% of total for 2026 and continue rising into 2027.
Margin and Profitability Improvement
Q1 GAAP gross margin held at 71% YoY; non-GAAP gross margin improved to 76% from 75%. Net income turned positive at $0.6M vs. a $2.4M loss prior-year. Adjusted EBITDA rose to $12.3M (+69% YoY) with adjusted EBITDA margin of 29% (vs. 21% prior), an ~800 basis point improvement.
Healthy Backlog and New Bookings
Contracted backlog approximately $85.6M with an expected conversion of ~38% over the next 12 months. New bookings in core HCM payroll increased 13% YoY.
Platform Adoption and Cross-Sell Momentum
Asure Central (launched Oct 2025) adoption continuing; company expects majority of ~30,000 direct clients on the platform by end of Q2 2026. Multiproduct attach rates in payroll increased 15% YoY.
AI Adoption Driving Operational Efficiency
Luna AI adoption >15% of potential users (organically); Luna interactions rose nearly 50% QoQ. Company has transcribed/scored ~80,000 support calls and analyzes >100,000 cases monthly, using AI to deflect support, improve workflows and lower cost-to-serve.
AsureWorks Managed Services Potential
Introduced AsureWorks (ASO) pilot with 6 dedicated reps; management sees material upside (company-cited opportunity roughly $50 PEPM for managed services) and expects $3M–$5M incremental opportunity in 2026 with larger contribution in 2027–28.
Updated Full-Year Guidance
Revised full-year 2026 revenue guidance of $159M–$163M and adjusted EBITDA margin guidance of 23%–25%. Midpoint implies roughly ~15% full-year growth year-over-year by management's estimate.
ASUR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASUR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $9.05 | ― | ― |
Feb 26, 2026 | $7.76 | $9.14 | +17.78% |
Oct 30, 2025 | $8.12 | $8.85 | +8.99% |
Jul 31, 2025 | $9.70 | $8.37 | -13.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Asure (ASUR) report earnings?
Asure (ASUR) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Asure (ASUR) earnings time?
Asure (ASUR) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASUR EPS forecast?
ASUR EPS forecast for the fiscal quarter 2026 (Q2) is 0.13.