ASUR · NASDAQ · Software - Application

Asure Software (ASUR)

Runs payroll, tax, HR, time, benefits, and compliance software for employers.

$9.02
At close−0.04 (−0.44%)
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Asure Software, Inc.ASURInformation Technology

Provides cloud-based payroll and human-capital-management software for employers and payroll-service partners. Revenue comes mainly from recurring payroll, tax, HR compliance, time, benefits, recruiting, marketplace, and funds-movement services, with the business concentrated in the United States.

Provides cloud-based HCM software and services for employers that need payroll, tax filing, HR compliance, time and attendance, recruiting, benefits administration, employee payment tools, and marketplace integrations. The platform is sold directly and through reseller partners that white-label Asure products for their own clients.

The model is compliance-heavy: payroll taxes, wage rules, benefits administration, personal data, biometric timekeeping data, client funds, and money-transmission licensing all shape the service. Growth depends on recurring employer usage, reseller relationships, acquired customer relationships, and the ability to keep payroll and tax workflows current across U.S. jurisdictions.

Company facts

CEOPatrick Goepel
ListedApr 7, 1992
ExchangeNASDAQ
HeadquartersAustin, TX
CountryUnited States
Employees641
CIK0000884144
ISINUS04649U1025

Market cap$260.5M
EPS (ttm)−$0.2880
P/E (ttm)−31.32
ROE-4.3%
P/B1.31
P/S1.68
Dividend yieldDiv yield
Beta0.81vs XLK −0.46

Price target$14.00+55.2%Avg of 18 analysts
ConsensusBuy16 of 18 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Oct 29, 2026
in 56 days
EPS estimate
$0.19
Revenue estimate
$39.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.15$0.19$0.09$0.15$0.32$0.29$0.08Pending
Estimate$0.16$0.18$0.15$0.22$0.23$0.25$0.12$0.19
Surprise−6.3%+5.6%−40.0%−31.8%+39.1%+16.0%−32.4%

RevenueReportedEstimate

Mar '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$30.8M$34.9M$30.1M$36.3M$39.3M$42.8M$37.1MPending
Estimate$30.8M$34.2M$34.5M$38.8M$38.8M$41.9M$37.0M$39.0M
Surprise−0.1%+1.9%−12.6%−6.6%+1.3%+2.1%+0.4%
Estimate$0.19
ReportedDue Oct 29, 2026
Estimate$39.0M
ReportedDue Oct 29, 2026
View details

Debt to equity37.90%
Current ratio106.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$29.3M$30.8M$34.9M$30.1M$36.3M$39.3M$42.8M$37.1M
Net income−$3.9M−$3.2M−$2.4M−$6.1M−$5.4M$757.0K$625.0K−$4.4M
Net margin0.0%0.0%0.0%0.0%0.0%1.9%1.5%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.6M−$2.5M−$2.0M−$4.7M−$3.5M$1.8M$2.3M−$2.4M
YoY growth−1,531.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $19.7M · Total debt $74.9M · Total assets $477.9M · Shareholders' equity $197.8M

Revenue
$37.1M
Operating income
−$2.4M
Net income
−$4.4M
View details

No dividends on record.

Institutions112 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 74.07%21.39M shares
Insiders9 holders · as of Sep 2, 20269.14%2.64M shares
Strategic holders1 holder · as of Nov 14, 20255.81%1.68M shares
Otherremainder≈ 10.98%3.17M shares

28.88M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Private Capital Management, LLCInstitution
14.56%4.20M13Fas of Jun 30, 2026
Needham Investment Management LLCInstitution
9.12%2.64M13Fas of Jun 30, 2026
Jupiter Topco LLCInstitution
6.34%1.83M13Fas of Jun 30, 2026
Calm Waters PartnershipInstitution
5.92%1.71M13Gfiled Jul 16, 2026
Janus Henderson Group PLCStrategic
5.81%1.68M13Gfiled Nov 14, 2025
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 11, 2026Bjorn Reynoldsdirector−15,420$8.35
Mar 11, 2026Eyal Goldsteinofficer: Chief Revenue Officer−20,000$9.09
View details

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Compare

CompanyPriceChange
Asure Software$9.02−0.44%$260.5M9.31.7+23.2%
ADP$281.01−0.07%$112.39B25.722.95.1+6.8%
Paychex$124.00−1.31%$44.10B25.420.86.8+12.5%
Paylocity$157.00+1.60%$8.28B31.417.54.7+11.0%
Paycom Software$237.26+0.41%$10.65B25.117.95.0+9.8%
Median25.519.45.0+10.4%