| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 10.55 | 8.4% |
| Total Income | 10.55 | 8.4% |
| Expenditure | 12.44 | 16.6% |
| PBT | — | |
| Net Profit | -2.11 | 43.5% |
| OPM | -17.84% | 8.18pp |
| NPM | -20.03% | 4.94pp |
| EPS | -0.17 | 41.7% |
AudioEye Reports Record Q1 2026 Revenue of $10.6M, Up 8% YoY
13 May 2026 · 13 May, 1:57 am
Summary
AudioEye, Inc. reported financial results for the first quarter ended March 31, 2026. Total revenue increased by 8% to a record $10.6 million. The company's Annual Recurring Revenue (ARR) reached $41.2 million as of March 31, 2026. AudioEye expects revenue of between $10.65M and $10.75M for the second quarter of 2026 and between $43.25M and $44.25M for the full year 2026.
Key Highlights
- 1
AudioEye's total revenue increased by 8% to a record $10.6 million in Q1 2026, compared to $9.7 million in the same prior year period.
- 2
Gross profit increased to $8.3 million, representing 78% of total revenue, compared to $7.7 million (80% of total revenue) in the same prior year period.
- 3
Adjusted EBITDA in Q1 2026 was $2.4 million, compared to $1.9 million in the same prior year period.
- 4
Adjusted EPS was $0.18 per share in Q1 2026, compared to $0.15 per share in the same prior year period.
- 5
Annual Recurring Revenue (ARR) as of March 31, 2026, increased sequentially to $41.2 million from $40.0 million as of December 31, 2025.
- 6
As of March 31, 2026, the Company had $8.6 million in cash and cash equivalents, compared to $5.3 million as of December 31, 2025.
- 7
AudioEye expects revenue of between $10.65M and $10.75M for the second quarter of 2026.
Management Comments
Kelly Georgevich
We demonstrated strong annual recurring revenue growth in the first quarter with 12% annualized sequential growth reaching $41.2 million of ARR. As ARR grows, we expect sequential quarterly revenue growth to accelerate over the course of the year, and operating leverage should lead to significant operating margin improvement. As I assume the CEO role, I want to recognize David's leadership in transforming AudioEye's product and operations, which has led to an almost fourfold revenue increase and significantly improved gross and operating margins during his tenure. I’m excited to continue working with David, the Board of Directors, teammates, and our customers in the future and look forward to increasing the value they receive from our products.
Informational and educational content only. Not investment advice.