Quarterly ResultAug 13, 2026, 04:19 PM
AudioEye Q2 Revenue $10.7M, Adj. EBITDA $3.0M, Adj. EPS $0.23
AI Summary
AudioEye, Inc. reported record financial results for the second quarter ended June 30, 2026, marking its forty-second consecutive period of sequential revenue growth. The company achieved record total revenue of $10.7M and record Adjusted EBITDA of $3.0M, alongside strong ARR growth. Management raised its full-year adjusted EBITDA guidance and is evaluating options for deploying excess cash, including potential share buybacks and dividends. Additionally, AudioEye announced the appointment of Matthew Domeyer as Chief Financial Officer and reported an increase in its customer base.
Key Highlights
- Total revenue increased 9% to a record $10.7M for Q2 2026.
- Annual Recurring Revenue (ARR) grew 11% year-over-year to $42.3M.
- Adjusted EBITDA reached a record $3.0M in Q2 2026, up from $1.9M year-over-year.
- Adjusted EPS was $0.23 per share, compared to $0.15 per share in the prior year.
- Net loss was $(0.9)M, or $(0.07) per share.
- Cash and cash equivalents stood at $8.7M as of June 30, 2026.
- Company raised full-year 2026 adjusted EBITDA guidance to at least $12.7M.
- Customer base grew by 9,000 year-over-year to approximately 129,000.
Price Impact
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