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Aware (AWRE) guidance and outlook
Aware's 10-Q filed Oct 30, 2026 makes 9 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Oct 30, 2026
- We expect to realize incremental cost savings from these actions throughout the remainder of 2026.
- Sales of software products depend on our ability to win proposals to supply software for biometrics systems projects either directly to end user customers or indirectly through channel partners.
- Software license sales have historically fluctuated, and we expect software license revenue to continue to fluctuate since these sales are based on the timing of projects with our customers and partners.
- Similar to software license revenue, services revenue depends on our ability to win biometrics systems projects either directly with end user customers or in conjunction with channel partners.
- Cost of revenue consists primarily of engineering costs to perform customer services projects, amortization of intangible assets related to acquisitions, and other third-party costs that are included with some of our software licenses.
- Gross margins on revenue are a function of: i) the nature of the projects; ii) the level of engineering difficulty and labor hours required to complete project tasks; iii) how much we were able to charge; and iv) product mix.
- We expect that gross margins on services and other revenue will continue to fluctuate in future periods based on the nature, complexity, and pricing of future projects and product mix.
- We expect interest income to decrease slightly over the remainder of 2026 due to a lower projected average cash balance.
- We considered the history of cumulative net losses, estimated future taxable income and prudent and feasible tax planning strategies and we have concluded that it is more likely than not that we will not realize the benefits of our deferred tax assets.
Aware's latest quarter
Aware, Q3 2026: revenue $4.4M (-14% year over year), operating margin -21.3%, net loss $791K, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
Questions
What does Aware expect?
We expect to realize incremental cost savings from these actions throughout the remainder of 2026. Sales of software products depend on our ability to win proposals to supply software for biometrics systems projects either directly to end user customers or indirectly through channel partners. Software license sales have historically fluctuated, and we expect software license revenue to continue to fluctuate since these sales are based on the timing of projects with our customers and partners.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.