Asure Software, Inc. (ASUR) Income Statement
ASUR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsASUR revenue and net income
Where ASUR's revenue goes
2025Each bar shows an amount and its share of revenue. ASUR kept −9.3% of revenue as net income.
ASUR profit margins
ASUR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.3% | +13.6% | +16.5% | +18.0% |
| Gross profit | +15.5% | +14.9% | +20.0% | +17.1% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +8.3% | +41.4% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ASUR quarterly EPS vs estimates
Asure Software beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.11).
ASUR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140.5M | $119.8M | $119.1M | $95.8M | $76.1M | $65.5M | $73.2M | $89.0M | $54.4M | $35.5M |
| Cost of revenue | $45.7M | $37.7M | $33.5M | $33.3M | $29.5M | $27.4M | $29.8M | $30.8M | $12.6M | $8.1M |
| Gross profit | $94.9M | $82.1M | $85.5M | $62.5M | $46.6M | $38.1M | $43.3M | $58.1M | $41.8M | $27.4M |
| Research & development | $5.6M | $7.8M | $6.8M | $6.1M | $5.4M | $6.0M | $5.4M | $8.4M | $4.5M | $2.9M |
| Sales, general & admin | $79.4M | $68.8M | $68.1M | $54.2M | $43.0M | $37.5M | $41.5M | $47.3M | $33.9M | $21.0M |
| Total operating expenses | $103.3M | $92.8M | $88.5M | $73.8M | $59.4M | $53.0M | $93.7M | $64.4M | $42.8M | $26.2M |
| Operating income | −$8.4M | −$10.7M | −$3.0M | −$11.3M | −$12.8M | −$14.9M | −$50.4M | −$6.3M | −$1.0M | $1.2M |
| Interest income | $869,000 | $913,000 | $1.3M | — | — | — | $15.4M | $8.6M | $4.6M | $10,000 |
| Interest expense | $5.1M | $1.0M | $5.6M | $4.4M | $2.0M | $1.2M | $16.0M | $8.6M | $4.6M | $2.0M |
| Income before taxes | −$12.5M | −$10.8M | −$9.1M | −$14.4M | $4.0M | −$16.0M | −$66.4M | −$14.8M | −$5.6M | −$783,000 |
| Income taxes | $652,000 | $933,000 | $109,000 | $112,000 | $802,000 | $337,000 | −$24.1M | −$7.2M | $96,000 | $189,000 |
| Net income | −$13.1M | −$11.8M | −$9.2M | −$14.5M | $3.2M | −$16.3M | $30.0M | −$7.5M | −$5.7M | −$972,000 |
| EBITDA | $20.6M | $13.7M | $17.1M | $10.5M | $23.9M | $1.4M | $2.8M | $2.2M | $5.1M | $4.8M |
| EPS (diluted) | $0.65 | $0.60 | $0.67 | $0.23 | $0.33 | −$0.15 | $0.31 | $0.56 | $0.48 | $0.24 |
| Gross margin | 67.5% | 68.5% | 71.8% | 65.2% | 61.2% | 58.2% | 59.2% | 65.3% | 76.8% | 77.2% |
| Operating margin | −6.0% | −9.0% | −2.5% | −11.8% | −16.8% | −22.7% | −68.9% | −7.0% | −1.8% | 3.5% |
| Net margin | −9.3% | −9.8% | −7.7% | −15.1% | 4.2% | −24.9% | 41.0% | −8.5% | −10.5% | −2.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.1M | $42.8M | $39.3M | $36.3M | $30.1M | $34.9M | $30.8M | $29.3M | $28.0M | $31.7M | $26.3M | $29.3M |
| Cost of revenue | $12.1M | $12.3M | $12.1M | $13.1M | $10.2M | $10.2M | $9.9M | $9.6M | $9.2M | $9.0M | $8.4M | $8.1M |
| Gross profit | $25.1M | $30.5M | $27.2M | $23.1M | $19.9M | $24.6M | $20.9M | $19.7M | $18.9M | $22.6M | $17.8M | $21.3M |
| Research & development | $1.6M | $1.7M | $1.1M | $1.2M | $1.3M | $2.0M | $2.1M | $2.0M | $2.0M | $1.8M | $1.7M | $1.8M |
| Sales, general & admin | $21.2M | $21.5M | $19.3M | $20.7M | $19.1M | $20.3M | $16.9M | $17.1M | $17.0M | $17.8M | $16.2M | $15.9M |
| Total operating expenses | $27.5M | $28.1M | $25.5M | $26.6M | $24.6M | $26.6M | $23.4M | $23.3M | $23.1M | $23.0M | $21.6M | $21.0M |
| Operating income | −$2.4M | $2.3M | $1.8M | −$3.5M | −$4.7M | −$2.0M | −$2.5M | −$3.6M | −$4.2M | −$441,000 | −$3.8M | $253,000 |
| Interest income | $168,000 | $188,000 | $171,000 | $250,000 | $277,000 | $171,000 | $151,000 | $165,000 | $261,000 | $336,000 | — | — |
| Interest expense | $1.8M | $1.7M | $1.8M | $2.0M | $809,000 | $451,000 | $362,000 | $274,000 | $208,000 | $180,000 | $24,000 | $782,000 |
| Income before taxes | −$4.0M | $769,000 | −$92,000 | −$5.0M | −$5.3M | −$2.1M | −$2.7M | −$3.7M | −$4.1M | −$275,000 | −$3.7M | −$2.3M |
| Income taxes | $462,000 | $144,000 | −$849,000 | $367,000 | $843,000 | $291,000 | $499,000 | $170,000 | $231,000 | $33,000 | −$158,000 | −$123,000 |
| Net income | −$4.4M | $625,000 | $757,000 | −$5.4M | −$6.1M | −$2.4M | −$3.2M | −$3.9M | −$4.4M | −$308,000 | −$3.6M | −$2.2M |
| EBITDA | $5.2M | $10.0M | $9.3M | $4.5M | $2.1M | $4.7M | $4.0M | $2.7M | $1.9M | $5.1M | $1.5M | $3.4M |
| EPS (diluted) | $0.02 | $0.25 | $0.24 | $0.14 | $0.08 | $0.19 | $0.15 | $0.14 | $0.09 | $0.22 | $0.07 | $0.24 |
| Gross margin | 67.5% | 71.3% | 69.2% | 63.8% | 66.1% | 70.6% | 68.0% | 67.2% | 67.3% | 71.4% | 67.9% | 72.5% |
| Operating margin | −6.5% | 5.4% | 4.5% | −9.7% | −15.4% | −5.8% | −8.1% | −12.4% | −14.9% | −1.4% | −14.3% | 0.9% |
| Net margin | −12.0% | 1.5% | 1.9% | −14.8% | −20.3% | −6.9% | −10.4% | −13.3% | −15.5% | −1.0% | −13.6% | −7.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ASUR's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ASUR financial results
In fiscal year 2025 (ended December 31, 2025), Asure Software reported revenue of $140.5 million, up 17.3% from the year before. It had a net loss of $13.1 million, a net profit margin of −9.3%. Diluted earnings per share came to $0.65. Over five years revenue grew at an average rate of 16.5% a year.
See the ASUR stock overview for the latest quote and news, or the ASUR chart for price history and technical indicators.
ASUR income statement FAQ
What is Asure Software's annual revenue?
Asure Software reported total revenue of $140.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 17.3% from $119.8 million the previous year.
Is Asure Software profitable?
No. Asure Software reported a net loss of $13.1 million in fiscal 2025, a net profit margin of −9.3%; its operating margin was −6.0%.
What is Asure Software's gross margin?
Asure Software's gross margin was 67.5% in fiscal 2025: for every $100 of revenue, Asure Software kept $68 after the direct cost of its products and services.
How much does Asure Software spend on research and development?
Asure Software spent $5.6 million on research and development in fiscal 2025, 4.0% of revenue.
How fast is Asure Software growing?
Revenue grew 16.5% a year on average over the last five fiscal years, from $65.5 million to $140.5 million.
What are Asure Software's earnings per share?
Asure Software earned $0.65 per diluted share in fiscal 2025, compared with $0.60 a year earlier.
When will Asure Software report its next earnings?
Asure Software is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Asure Software's fiscal year end?
Asure Software's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.