Revenue declined YoY despite cost cuts narrowing the loss. Monitor whether the new government and Adobe Acrobat Sign relationships convert into sustained revenue growth in coming quarters, and watch for any update on federal procurement cycles that could affect the pipeline.
Price Chart
Executive Summary
Aware, Inc. reported Q3 2026 revenue of $4.4M, down 14% from $5.1M a year ago, with a net loss of $0.8M ($0.04 per share) versus a $1.1M loss in Q3 2025. Recurring revenue grew to $4.0M from $3.6M, and operating expenses fell to $5.4M from $6.4M due to cost cuts. The company highlighted a new government agency deployment of its Intelligent Liveness platform and a commercial relationship with Adobe Acrobat Sign's distributor, but overall revenue declined and the company remains unprofitable.
Key Financial Metrics
Key Facts
- Q3 2026 revenue $4.4M, down 14% from $5.1M in Q3 2025
- Net loss $0.8M ($0.04 per share) vs $1.1M ($0.05 per share) in Q3 2025
- Recurring revenue $4.0M, up from $3.6M in Q3 2025
- Operating expenses $5.4M, down from $6.4M in Q3 2025
- Adjusted EBITDA loss $0.5M vs $0.8M in Q3 2025
- Cash and marketable securities $15.4M, no debt
- Selected by a government agency for Intelligent Liveness deployment
- New commercial relationship with Adobe Acrobat Sign's distributor
Financial Impact
Revenue decline of $0.7M (14% YoY); operating loss improved by $0.4M; net loss improved by $0.3M
Risk Factors
- Revenue declined 14% YoY, indicating ongoing top-line weakness
- Company remains unprofitable with net loss of $0.8M in the quarter
- Government procurement cycles are unpredictable and may delay revenue conversion
- Recurring revenue can fluctuate quarter to quarter, limiting predictability
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3390712 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 1d ago | 8-K | No price | awaiting T+20 | awaiting T+20 | No price |
Oct 28, 2026 1d ago | Press Release | $0.9346 | awaiting T+20 | awaiting T+20 | $0.9300 (+0.49%) |
Jun 9, 2026 20w ago | Press Release | $1.35 $1.36 | ▲ +0.74% | ▼ −0.71% | $0.9300 (−31.11%) |
May 26, 2026 22w ago | Insider Cluster | $1.54 $1.34 | ▼ −12.99% | ▼ −11.09% | $0.9300 (−39.61%) |
May 22, 2026 22w ago | DEFA14A | $1.30 $1.37 | ▲ +5.38% | ▲ +7.33% | $0.9300 (−28.46%) |
May 8, 2026 25w ago | Insider Cluster | $1.30 $1.35 | ▲ +3.85% | ▲ +3.82% | $0.9300 (−28.46%) |
May 5, 2026 25w ago | Insider Cluster | $1.28 $1.44 | ▲ +12.50% | ▲ +9.33% | $0.9300 (−27.34%) |
Apr 15, 2026 28w ago | Press Release | $1.25 $1.26 | ▲ +0.80% | ▼ −5.24% | $0.9300 (−25.60%) |
Mar 13, 2026 33w ago | Insider Cluster | $1.37 $1.20 | ▼ −12.41% | ▼ −16.00% | $0.9300 (−32.12%) |
Mar 4, 2026 34w ago | 8-K | $1.57 $1.31 | ▲ +16.56% | ▲ +12.77% | $0.9300 (+40.76%) |
US Market Status
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