Asure Software Reports Q3 2026 Growth Driven by Recurring Revenue and Strategic Acquisition
Asure Software (ASUR) delivered strong third-quarter 2026 results, reporting $40.0 million in revenue, a 10% increase year-over-year. The growth was primarily fueled by a 16% rise in recurring revenue to $36.9 million and an acceleration in organic revenue growth to 9%. Adjusted EBITDA rose significantly by 29% to $10.5 million, with margins expanding to 26.1% due to improved product attach rates. The company is actively pursuing inorganic growth, having finalized a $26.5 million acquisition of a Southeastern U.S. payroll processor. To support its expansion and debt management, Asure secured a new $115 million credit facility. While the company expects near-term margin pressure due to integration costs and aggressive sales headcount expansion, it provided optimistic full-year 2027 guidance with projected revenue between $183 million and $187 million.
Topics: acquisition debt restructuring EBITDA expansion recurring revenue revenue growth