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Aware Inc. /Ma/ (AWRE) Stock Fundamental Analysis & AI Rating 2026

AWRE Nasdaq Services-Prepackaged Software MA CIK: 0001015739
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 29, 2026 (in 13 days) • TBD ET • All earnings →
Combined AI Rating
SELL
88% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
85% Conf

📊 AWRE Key Takeaways

Revenue: $17.3M
Net Margin: -34.0%
Free Cash Flow: $-5.6M
Current Ratio: 3.77x
Debt/Equity: 0.00x
EPS: $-0.28
AI Rating: STRONG SELL with 92% confidence
Aware Inc. /Ma/ (AWRE) receives a SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $17.3M, net profit margin of -34.0%, and return on equity (ROE) of -22.5%, Aware Inc. /Ma/ demonstrates mixed fundamentals in the Technology sector. Below is our complete AWRE stock analysis for 2026.

Is Aware Inc. /Ma/ (AWRE) a Good Investment?

Claude

Aware Inc demonstrates severe operational distress with negative operating income of -6.6M on only 17.3M in revenue, resulting in a -37.9% operating margin and deteriorating profitability. The company is burning cash with negative operating cash flow of -5.4M annually and negative free cash flow, unsustainable without material business restructuring or revenue acceleration.

ChatGPT

AWARE INC's fundamentals are weak, with declining revenue, deeply negative operating and net margins, and continued cash burn that points to a challenged software business model. The balance sheet is a mitigating factor because liquidity is solid and leverage is effectively zero, but absent a credible turnaround in revenue growth and profitability, the current financial profile remains unfavorable.

Why Buy Aware Inc. /Ma/ Stock? AWRE Key Strengths

Claude
  • + Strong liquidity position with current ratio of 3.77x and 7.3M in cash providing runway
  • + Zero long-term debt indicating no leverage risk or debt servicing burden
  • + Stable revenue base with only -0.6% YoY decline despite profitability challenges
ChatGPT
  • + Strong liquidity with current ratio of 3.77x and quick ratio of 3.68x
  • + Debt-free capital structure reduces financial risk and preserves flexibility
  • + Positive equity base of $26.14M provides some balance sheet cushion despite losses

AWRE Stock Risks: Aware Inc. /Ma/ Investment Risks

Claude
  • ! Persistent operating losses with -37.9% operating margin indicating fundamental business model dysfunction
  • ! Negative cash flow generation of -5.4M operating cash flow annually with no clear path to profitability
  • ! Deteriorating net income down 32.5% YoY with negative ROE of -22.5% and ROA of -15.8% destroying shareholder value
  • ! Limited cash runway of approximately 1.3 years at current burn rate despite adequate liquidity
ChatGPT
  • ! Operating margin of -37.9% and net margin of -34.0% indicate severe profitability pressure
  • ! Negative operating cash flow of $-5.40M and free cash flow of $-5.56M suggest the business is not self-funding
  • ! Revenue declined year over year while net loss worsened, indicating weak growth quality and limited operating leverage

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive FCF generation
  • * Revenue growth acceleration to justify high cost structure and achieve operating profitability
  • * Operating margin improvement trajectory and management's restructuring execution
ChatGPT
  • * Revenue growth and recurring software revenue trends
  • * Operating cash flow and pace of cash burn

Aware Inc. /Ma/ (AWRE) Financial Metrics & Key Ratios

Revenue
$17.3M
Net Income
$-5.9M
EPS (Diluted)
$-0.28
Free Cash Flow
$-5.6M
Total Assets
$37.2M
Cash Position
$7.3M

💡 AI Analyst Insight

Strong liquidity with a 3.77x current ratio provides a solid financial cushion.

AWRE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -37.9%
Net Margin -34.0%
ROE -22.5%
ROA -15.8%
FCF Margin -32.2%

AWRE vs Technology Sector: How Aware Inc. /Ma/ Compares

How Aware Inc. /Ma/ compares to Technology sector averages

Net Margin
AWRE -34.0%
vs
Sector Avg 18.0%
AWRE Sector
ROE
AWRE -22.5%
vs
Sector Avg 22.0%
AWRE Sector
Current Ratio
AWRE 3.8x
vs
Sector Avg 2.5x
AWRE Sector
Debt/Equity
AWRE 0.0x
vs
Sector Avg 0.5x
AWRE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Aware Inc. /Ma/ Stock Overvalued? AWRE Valuation Analysis 2026

Based on fundamental analysis, Aware Inc. /Ma/ has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-22.5%
Sector avg: 22%
Net Profit Margin
-34.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Aware Inc. /Ma/ Balance Sheet: AWRE Debt, Cash & Liquidity

Current Ratio
3.77x
Quick Ratio
3.68x
Debt/Equity
0.00x
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

AWRE Revenue & Earnings Growth: 5-Year Financial Trend

AWRE 5-year financial data: Year 2021: Revenue $16.9M, Net Income -$7.6M, EPS $-0.35. Year 2022: Revenue $16.9M, Net Income -$5.8M, EPS $-0.27. Year 2023: Revenue $18.2M, Net Income -$1.7M, EPS $-0.08. Year 2024: Revenue $18.2M, Net Income -$7.3M, EPS $-0.35. Year 2025: Revenue $17.4M, Net Income -$4.4M, EPS $-0.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Aware Inc. /Ma/'s revenue has shown modest growth of 3% over the 5-year period. The most recent EPS of $-0.21 indicates the company is currently unprofitable.

AWRE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-32.2%
Free cash flow / Revenue

AWRE Quarterly Earnings & Performance

Quarterly financial performance data for Aware Inc. /Ma/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.8M -$982.0K $-0.05
Q2 2025 $3.9M -$982.0K $-0.05
Q1 2025 $3.6M -$982.0K $-0.05
Q3 2024 $3.8M -$982.0K $0.05
Q2 2024 $3.2M -$982.0K $-0.05
Q1 2024 $4.3M -$982.0K $-0.05
Q3 2023 $3.0M $31.0K $0.00
Q2 2023 $3.2M -$1.3M $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Aware Inc. /Ma/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$5.4M
Cash generated from operations
Stock Buybacks
$115.0K
Shares repurchased (TTM)
Capital Expenditures
$165.0K
Investment in assets
Dividends
None
No dividend program

AWRE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Aware Inc. /Ma/ (CIK: 0001015739)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 8-K awre-20260413.htm View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 12, 2026 8-K awre-20260310.htm View →
Mar 6, 2026 10-K awre-20251231.htm View →

Frequently Asked Questions about AWRE

What is the AI rating for AWRE?

Aware Inc. /Ma/ (AWRE) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AWRE's key strengths?

Claude: Strong liquidity position with current ratio of 3.77x and 7.3M in cash providing runway. Zero long-term debt indicating no leverage risk or debt servicing burden. ChatGPT: Strong liquidity with current ratio of 3.77x and quick ratio of 3.68x. Debt-free capital structure reduces financial risk and preserves flexibility.

What are the risks of investing in AWRE?

Claude: Persistent operating losses with -37.9% operating margin indicating fundamental business model dysfunction. Negative cash flow generation of -5.4M operating cash flow annually with no clear path to profitability. ChatGPT: Operating margin of -37.9% and net margin of -34.0% indicate severe profitability pressure. Negative operating cash flow of $-5.40M and free cash flow of $-5.56M suggest the business is not self-funding.

What is AWRE's revenue and growth?

Aware Inc. /Ma/ reported revenue of $17.3M.

Does AWRE pay dividends?

Aware Inc. /Ma/ does not currently pay dividends.

Where can I find AWRE SEC filings?

Official SEC filings for Aware Inc. /Ma/ (CIK: 0001015739) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AWRE's EPS?

Aware Inc. /Ma/ has a diluted EPS of $-0.28.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AWRE a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Aware Inc. /Ma/ has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AWRE stock overvalued or undervalued?

Valuation metrics for AWRE: ROE of -22.5% (sector avg: 22%), net margin of -34.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy AWRE stock in 2026?

Our dual AI analysis gives Aware Inc. /Ma/ a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AWRE's free cash flow?

Aware Inc. /Ma/'s operating cash flow is $-5.4M, with capital expenditures of $165.0K. FCF margin is -32.2%.

How does AWRE compare to other Technology stocks?

Vs Technology sector averages: Net margin -34.0% (avg: 18%), ROE -22.5% (avg: 22%), current ratio 3.77 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI