AudioEye Reports Record Q1 Revenue, Reaffirms 2026 Guidance

Overview

• AudioEye, which reported results Tuesday, posted revenue of $10.6 million, a GAAP net loss of $2.1 million, and adjusted EBITDA of $2.4 million, with the loss driven mainly by higher litigation costs.
• Annual recurring revenue rose sequentially to $41.2 million as of March 31, and the company ended the quarter with about 127,000 customers.
• Guidance calls for Q2 revenue of $10.65 million to $10.75 million and full-year revenue of $43.25 million to $44.25 million, with at least $12 million in adjusted EBITDA for 2026.
• Kelly Georgevich assumed the CEO role as David D. Moradi shifted to focus on product, long-term strategy, and AI development.
• Leaders cited a WebAIM study showing widespread website accessibility failures and a DOJ rule moving Title II enforcement to April 2027 as catalysts for adoption of scalable accessibility solutions.