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Asure Software ASUR Funds Held for Clients

Funds Held for Clients at other companies

Paychex logo
PaychexPAYX
$4.83B+0.4%
Paycom Software logo
Paycom SoftwarePAYC
$2.62B+17.1%
Paylocity logo
PaylocityPCTY
$3.84B+11.9%

Other financials

Income statement

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Revenue$42.8M+22.7%
Gross profit$30.5M+23.8%
Operating income$2.3M+216%
Net income$625.0K+126%
EPS (diluted)$0.02+122%

Balance sheet

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Cash & equivalents$150.5M-24.4%
Total debt$75.6M+289%
Total equity$200.1M+1.2%
Total assets$518.7M+4.0%

Cash flow

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Operating cash flow$2.7M+35.7%
CapEx$218.0K+13.5%
Free cash flow$2.5M+38.1%

Valuation

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Market cap$227.73M-13.2%
Enterprise value$152.81M+16.3%
P/S1.6×+0.1×

Profitability

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Gross margin68.6%-4.2pp
Operating margin-10.4%-11.0pp
Net margin-10.5%+130pp
FCF margin7.9%

Returns & leverage

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Return on equity-5.5%-1.0pp
Debt / equity0.4×+0.3×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Asure Software in its filing.

Tagged under the XBRL concept us-gaap:FundsHeldForClients.

The official record: Asure Software’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Asure Software's funds held for clients?
Asure Software (ASUR) reported funds held for clients of $216.51M in Q1 2026.
How has Asure Software's funds held for clients changed year-over-year?
Asure Software's funds held for clients decreased by 15.8% year-over-year, from $257.02M to $216.51M.
What is the long-term trend for Asure Software's funds held for clients?
Over 5 years (2020 to 2025), Asure Software's funds held for clients has grown at a -6.6% compound annual growth rate (CAGR), from $321.07M to $228.11M.
What does funds held for clients mean?
This represents cash and cash equivalents collected from clients to satisfy payroll, tax, and other regulatory obligations that have not yet been remitted. These funds are restricted and cannot be used for general corporate purposes. Monitoring this balance helps investors understand the scale of the company's payroll processing volume and the associated fiduciary responsibilities.