AWRENasdaqServices-Prepackaged SoftwareFiscal year ends December 31
AWARE INC /MA/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$0.87−0.03 (-3.12%)
Close on Oct 19, 2026
- Market cap
- $18.82M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
92.3%−0.5 pts over 5 years
Operating margin
-37.9%+45.4 pts over 5 years
Net margin
-34.0%+33.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.6% | +2.6% | +8.9% | -1.3% | |
| Gross profit | -3.5% | +2.7% | +8.8% | -1.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.1% | -15.4% | -20.6% | |
| Return on assets | 6.5% | -13.9% | -14.7% | |
| Current ratio | 14.04 | 7.44 | 3.77 | |
| Capex to revenue | 0.4% | 4.3% | 1.0% | |
| Diluted shares | 23M | 21M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Aware generated $21.66M from operations and spent $3.12M on capital expenditure, dividends and share buybacks. 31% of that went back into the business.
Generated
$21.66M
Used
$3.12M
Capital expenditure$983.00K31%Dividends$00%Share buybacks$2.14M69%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-34.0%
×Asset turnover0.43×
×Equity multiplier1.40×
=Return on equity, FY2025-20.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -34.0% | 0.43× | 1.40× | -20.6% |
| FY2024 | -25.5% | 0.39× | 1.36× | -13.6% |
| FY2023 | -40.1% | 0.37× | 1.31× | -19.6% |
| FY2022 | -10.8% | 0.32× | 1.22× | -4.2% |
| FY2021 | -34.6% | 0.34× | 1.15× | -13.4% |
| FY2020 | -67.3% | 0.21× | 1.10× | -15.4% |
| FY2019 | -68.3% | 0.20× | 1.08× | -14.5% |
| FY2018 | 7.6% | 0.25× | 1.07× | 2.0% |
| FY2017 | 6.5% | 0.24× | 1.06× | 1.7% |
| FY2016 | 19.0% | 0.34× | 1.09× | 7.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$5.87M
- Cash generatingOperating cash flow above zero-$5.40M
- Return on assets improvedROA up on the prior year-9.6% → -13.8%
- Earnings backed by cashOperating cash flow above net income-$5.40M vs -$5.87M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.19 → 3.77
- No dilutionShare count did not rise21M → 21M
- Gross margin improvedGross margin up on the prior year95.20% → 92.35%
- More efficientAsset turnover rose0.38 → 0.41