Aware Inc income statement
In fiscal 2025, Aware Inc reported revenue of $17.3m, down 0.6% on the year before, operating income of −$6.6m (a -37.9% margin) and net income of −$5.9m, or −$0.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 17 | 16 | 17 | 19 | 24 | 20 | 22 | 15 | 16 | 12 | 11 | 17 | 16 | 18 | 17 | 17 | 16 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | 11 | 10 | 16 | 15 | 17 | 17 | 16 | 14 |
| Research and development | 12 | 6 | 3 | 3 | 4 | 6 | 6 | 7 | 8 | 7 | 8 | 9 | 9 | 9 | 9 | 8 | 8 | 10 |
| Selling and marketing | 5 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 7 | 8 | 8 | 7 | 6 |
| General and administrative | 5 | 6 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 7 | 7 | 7 | 7 | 6 |
| Operating income | −5 | −0 | 2 | — | 5 | 7 | 4 | 6 | 1 | 0 | −4 | −9 | −6 | −2 | −9 | −6 | −7 | −9 |
| Income before tax | 1 | 1 | 4 | 93 | 6 | 7 | 4 | 6 | 2 | 1 | −3 | −9 | −6 | −2 | −7 | −4 | −6 | −8 |
| Income tax | 0 | 0 | 0 | 20 | 2 | 3 | −1 | 2 | 1 | −0 | 5 | −2 | −0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 1 | 0 | 3 | 72 | 3 | 5 | 5 | 4 | 1 | 1 | −8 | −8 | −6 | −2 | −7 | −4 | −6 | −8 |
| Diluted EPS | $0.05 | $0.01 | $0.12 | $3.28 | $0.11 | $0.20 | $0.20 | $0.18 | $0.05 | $0.06 | −$0.39 | −$0.35 | −$0.27 | −$0.08 | −$0.35 | −$0.21 | −$0.28 | −$0.39 |
| Diluted shares (average) | 21m | 20m | 21m | 22m | 23m | 23m | 23m | 23m | 22m | 22m | 22m | 21m | 22m | 22m | 21m | 21m | 21m | 21m |
| EBITDA | −5 | 0 | 3 | — | 6 | 8 | 5 | 7 | 2 | 1 | −4 | −9 | −5 | −1 | −8 | −5 | −6 | −8 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,797 | 3,608 | 3,895 | 5,129 | 4,663 | 3,386 | 3,254 | 4,417 |
| Cost of revenue | 18 | 173 | 267 | 419 | 465 | 334 | 520 | 439 |
| Gross profit | 4,779 | 3,435 | 3,628 | 4,710 | 4,198 | 3,052 | 2,734 | 3,978 |
| Research and development | 1,835 | 1,922 | 1,960 | 2,131 | 2,287 | 3,223 | 2,533 | 2,296 |
| Selling and marketing | 1,840 | 1,663 | 1,964 | 2,103 | 1,602 | 1,824 | 1,385 | 1,148 |
| General and administrative | 2,578 | 1,702 | 1,665 | 1,771 | 1,759 | 1,655 | 1,555 | 1,474 |
| Operating income | −1,474 | −1,852 | −1,961 | −1,295 | −1,450 | −3,650 | −2,739 | −940 |
| Income before tax | −1,193 | −1,591 | −1,743 | −1,048 | −1,235 | −3,450 | −2,564 | −785 |
| Income tax | −1 | 7 | 26 | 5 | 218 | 8 | 1 | 6 |
| Net income | −1,192 | −1,598 | −1,769 | −1,053 | −1,453 | −3,458 | −2,565 | −791 |
| Diluted EPS | −$0.06 | −$0.08 | −$0.08 | −$0.05 | −$0.07 | −$0.16 | −$0.12 | −$0.04 |
| EBITDA | −1,333 | −1,708 | −1,818 | −1,151 | −1,309 | −3,511 | −2,599 | −801 |
Compare with peers
- Bridgeline Digital, Inc. income statement
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