Aware Reports Third Quarter Financial Results
Aware reported Q3 2026 revenue of $4.4 million, down roughly 14% from $5.1 million a year ago, driven by a sharp drop in non-recurring license revenue. Losses narrowed: operating loss improved to $0.9 million from $1.3 million, and net loss was $0.8 million ($0.04 per share) versus $1.1 million ($0.05), reflecting ~$4.0 million in annualized cost reductions and lower selling and marketing spend. Recurring revenue grew to about $4.0 million from $3.6 million, and the company cited a new government agency win for its Intelligent Liveness platform plus increased DHS solicitation activity since funding was restored.
Key figures
- Revenue
- 4417000
- Recurring revenue
- 4007000
- Nine month revenue
- 11058000
- Operating expenses
- 5357000
- Cash and investments
- 15400000
- Cost savings annualized
- 4000000
- Recurring revenue prior year
- 3555000
- Operating expenses prior year
- 6424000
AI analysis
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