Filing Flows › Aware (AWRE) › Q1 2026
Aware (AWRE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Aware (AWRE) reported revenue of $3.4M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -27% from the quarter before. Operating margin was -107.8%, net loss $3.5M (102.1% of revenue).
Aware, Q1 2026: revenue $3.4M (-6% year over year), operating margin -107.8%, net loss $3.5M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | -27% | -6% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$2.7M | -356% | — |
What changed
Revenue was $3.4M in Q1 2026, down 6% year over year and down 27% from the previous quarter. Maintenance was the largest line at 61% of revenue. License and Service lost $285K year over year (down 22%), 128% of the total change.
Operating costs exceeded revenue by $3.6M, an operating margin of -107.8%. Total costs grew 29% against a revenue fall of 6%. The fastest-growing cost line was Cost of revenue (+93%). The quarter ended with a net loss of $3.5M, wider than the previous quarter's $1.5M loss.
Operating cash flow was −$2.7M. Non-cash charges added back $139K of depreciation and amortization and $269K of share-based compensation. Working capital and other items added $373K.
Questions
What was Aware's revenue in the first quarter 2026?
Aware (AWRE) reported revenue of $3.4M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -27% from the quarter before.
Was Aware profitable in the first quarter 2026?
Operating loss was $3.6M (-107.8% of revenue) and net loss $3.5M.
Source: Aware 10-Q on SEC EDGAR.