Asure Software Inc
NASDAQ:ASUR
Asure Software Inc
Asure Software, Inc. delivers human capital management solutions through the lens of entrepreneurs and executives with an owner’s mentality. The company is headquartered in Austin, Texas and currently employs 508 full-time employees. The firm's HCM suit includes cloud-based Payroll, Tax Services, and Time and Attendance software. The firm offers human services (HR) Services ranging from HR projects to completely outsourcing payroll to HR consulting services. Asure Payroll & Tax is an integrated cloud-based solution that automates parts associated with payroll and taxes from wages, benefits, overtime, and garnishments, to tips, direct deposits and federal, state and local payroll taxes in all United States (U.S) jurisdictions. The Asure HCM suite includes four product lines includes Asure Payroll & Tax, Asure HR, Asure Time & Attendance, and Asure HR Services. Its HR solutions provides payroll and tax, time and attendance, human resources and human resources services. Time and Attendance is cloud-based software, which includes mobile time tracking, Biometric time clocks, and facial recognition.
Asure Software, Inc. delivers human capital management solutions through the lens of entrepreneurs and executives with an owner’s mentality. The company is headquartered in Austin, Texas and currently employs 508 full-time employees. The firm's HCM suit includes cloud-based Payroll, Tax Services, and Time and Attendance software. The firm offers human services (HR) Services ranging from HR projects to completely outsourcing payroll to HR consulting services. Asure Payroll & Tax is an integrated cloud-based solution that automates parts associated with payroll and taxes from wages, benefits, overtime, and garnishments, to tips, direct deposits and federal, state and local payroll taxes in all United States (U.S) jurisdictions. The Asure HCM suite includes four product lines includes Asure Payroll & Tax, Asure HR, Asure Time & Attendance, and Asure HR Services. Its HR solutions provides payroll and tax, time and attendance, human resources and human resources services. Time and Attendance is cloud-based software, which includes mobile time tracking, Biometric time clocks, and facial recognition.
Strong Revenue Growth: Q3 2025 revenue grew 24% year-over-year to $36.3 million, with broad-based strength across product lines.
Organic Growth Accelerating: Organic growth improved to 4% in Q3 from 1% in Q2, or 7% excluding ERTC-related churn.
Lathem Acquisition Performing: The recent Lathem Time acquisition contributed to hardware and recurring revenue, and integration is on track.
Gross Margin Impact: Gross margin dipped to 64% from 67% last year, mainly due to a higher mix of lower-margin hardware sales.
Profitability Outlook: Company expects to achieve GAAP profitability in Q4 2025 and for full-year 2026 as revenues scale and costs remain stable.
2026 Guidance Raised: Initial 2026 guidance calls for $158–162 million in revenue and adjusted EBITDA margins of 23–25%.
Asure Central Launched: New unified client interface launched, expected to drive higher attach rates and cross-sell opportunities.
