AEYENasdaqServices-Prepackaged SoftwareUS GAAP · USD

AudioEye, Inc

AudioEye Inc. builds software and services that help websites and mobile applications meet digital accessibility standards such as ADA and WCAG. The company sells primarily subscription-based SaaS accessibility solutions that use machine-learning and AI to detect and fix common accessibility errors, supported by expert services such as auditing, custom fixes, legal support, and PDF remediation. Its platform is designed for businesses and public-sector organizations that want to reduce accessibility risk, improve user experience, and expand reach to people with disabilities. AudioEye distributes its solutions through direct enterprise sales as well as partner, reseller, CMS, and marketplace channels.

Revenue40.3m USD
+14.5 %y/y
Operating profit (EBIT)-1.8m USD
+46.0 %y/y
EBIT margin-4.5%
+5.1 ppy/y
Net income-3.1m USD
+27.7 %y/y
Free cash flow4.7m USD
+80.5 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-200204060m USD2020: 20 m USD2020: EBIT -7.1 m USD20202021: 25 m USD2021: EBIT -16 m USD20212022: 30 m USD2022: EBIT -10 m USD20222023: 31 m USD2023: EBIT -6.0 m USD20232024: 35 m USD2024: EBIT -3.4 m USD20242025: 40 m USD2025: EBIT -1.8 m USD202540-1.8
RevenueOperating profit (EBIT)

Business

Share of revenue
Subscription SaaS accessibility platform80 %

Recurring software subscriptions that monitor, detect, and remediate website accessibility issues to support ADA and WCAG compliance.

Enterprise accessibility solutions12 %

Custom-priced solutions for larger organizations and government customers with more complex websites and compliance needs.

Partner and marketplace offerings8 %

Solutions sold through CMS partners, platform and agency partners, authorized resellers, and the AudioEye Marketplace.

Professional services and remediation0 %

Non-recurring services including auditing, custom fixes, PDF remediation, mobile app reporting, and legal support.

Products

Reported · share of revenue
55.2%44.8%FY2025100 %
  • Partner and Marketplace55.2 %
  • Enterprise44.8 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

AudioEye sells to a broad mix of private- and public-sector customers that need digital accessibility compliance. Its core commercial buyers include small and medium-sized businesses that purchase through partners or the marketplace, and larger enterprises that buy directly from the sales team for custom solutions. The company also serves nonprofit organizations and federal, state, and local government agencies, where accessibility obligations are often driven by regulation and procurement requirements. Customers buy AudioEye to reduce legal and compliance risk, improve website usability, and make digital properties more inclusive.

Small and medium-sized businesses

Buy standardized accessibility subscriptions through the partner and marketplace channel to add compliance features without building in-house expertise.

Enterprise customers

Buy direct from AudioEye for custom pricing, broader site coverage, and more tailored remediation and support services.

Government agencies

Buy accessibility solutions to support Section 508 and related public-sector accessibility obligations.

Nonprofit organizations

Buy lower-cost accessibility tools and services to improve public access and reduce compliance risk.

Platform and CMS partner end customers

Purchase through integrated partner ecosystems where accessibility is bundled into hosting, CMS, or agency workflows.

Strategy

AudioEye’s strategy centers on growing recurring revenue while expanding product innovation and maintaining a broad price ladder from low-cost plans to enterprise solutions. The company is investing in AI-driven automation and expert services to improve remediation quality, broaden compliance coverage, and differentiate from more fully automated competitors. It is also scaling through two go-to-market motions: direct enterprise sales and partner/marketplace distribution, which helps it reach both larger organizations and SMBs efficiently. Recent disclosures also show a continued focus on acquisitions and partner expansion to add customers and deepen channel reach.

Expand recurring revenueShort term

Recurring subscriptions improve visibility and reduce dependence on one-time services.

Deepen partner distributionMedium term

Partner-led distribution gives access to SMB customers at lower acquisition cost and broader scale.

Improve product automation and compliance coverageMedium term

Better automation strengthens differentiation and lowers remediation effort for customers.

Pursue selective acquisitionsMedium term

Acquisitions can add customers, capabilities, and channel reach in a fragmented market.

Geography

AudioEye is a U.S.-based company and the disclosures provided focus primarily on domestic operations and U.S. customers. Its patent portfolio is also concentrated in the United States, with issued patents and pending applications described as U.S. patents. The business appears to be largely U.S.-centric because its core compliance use cases are tied to ADA, Section 508, and U.S. litigation risk, although WCAG is an international standard. No country-level revenue split was disclosed in the excerpts provided.

Risks

AudioEye faces execution risk because its business depends on third-party hosting, CMS, and partner infrastructure that it does not control. Cybersecurity and privacy breaches are a material concern because the platform handles customer websites and may process sensitive data, and any breach could trigger remediation costs, litigation, and reputational damage. The company also remains unprofitable and has a history of losses, so it must continue growing revenue while managing spending and financing needs. In addition, the accessibility market is exposed to legal and regulatory change, competitive pressure from alternative solutions, and the risk that customers may expect more automation than the company can reliably deliver.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Sustained losses and financing needs1Third-party infrastructure failure2Cybersecurity and privacy breaches3Channel execution risk4Accessibility litigation and regulatory change5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Sustained losses and financing needsImpact: HighLikelihood: High

    The company has reported losses and may need continued capital access if growth or cost control falls short.

    ExposureLiquidityOperating flexibilityDilution risk
  2. Third-party infrastructure failureImpact: HighLikelihood: Medium

    The platform relies on external hosting, software, and communications infrastructure that AudioEye does not control.

    ExposurePartner and Marketplace deliveryCustomer uptimeService reliability
  3. Cybersecurity and privacy breachesImpact: HighLikelihood: Medium

    A breach could expose customer or third-party data and lead to notification, remediation, litigation, and reputational damage.

    Exposure: Corporate systems and customer-facing accessibility services

  4. Channel execution riskImpact: MediumLikelihood: Medium

    Managing direct sales, partners, resellers, and marketplace channels can consume management resources and create inconsistent growth.

    Exposure: Customer acquisition efficiency and partner retention

  5. Accessibility litigation and regulatory changeImpact: MediumLikelihood: Low

    Demand is partly driven by ADA, Section 508, and WCAG compliance risk, which can change with legal interpretation and enforcement.

    Exposure: Enterprise and government customer demand

Accounting

Judgemental items
Subscription versus services revenue recognition

The company sells recurring SaaS subscriptions alongside non-recurring remediation and reporting services, which can affect timing and mix of revenue recognition.

Impact: Quarterly revenue comparability and recurring revenue visibility

Contingent consideration fair value

Acquisition-related contingent payments are remeasured using revenue-based assumptions and can create gains or losses in earnings.

Impact: Reported operating results and acquisition accounting volatility

Capitalized software development costs

Capitalized development costs are amortized over time, shifting expense recognition between periods.

Impact: Operating margin and future amortization expense

Acquisition-related intangible assets

Purchased customer relationships and other intangibles may require amortization and potential impairment testing.

Impact: Future earnings and balance sheet carrying values

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026