AudioEye expects over $15M run rate adjusted EBITDA by end of 2026 as it raises full-year adjusted EBITDA guidance to at least $12.7M (NASDAQ:AEYE)

AudioEye (AEYE) raised full-year adjusted EBITDA guidance to at least $12.7M with expectations to exceed $15M run rate by end of 2026, signaling improving operational leverage and profitability trajectory. The guidance increase reflects confidence in revenue and annual recurring revenue (ARR) growth trajectories, demonstrating management's ability to scale the accessibility software platform toward cash flow positivity.

The earnings call recap indicates AEYE is progressing through a transition from growth-at-all-costs to profitable growth, a meaningful inflection point for the micro-cap technology vendor. Adjusted EBITDA expansion suggests operating margins are contracting less than feared and unit economics remain defensible, though the company remains early-stage with modest absolute profitability levels.

Headwinds include exposure to EU regulatory compliance costs and ongoing litigation risks that could pressure margins or create unexpected charges. These tail risks represent material execution concerns that may offset the positive guidance narrative, particularly if regulatory clarifications emerge unfavorably for web accessibility compliance vendors.

Sector implication: Positive for software-as-a-service profitability stories amid technology sector scrutiny over cash burn; however, AEYE's liquidity profile and litigation overhang limit broad-market relevance. The guidance raise aligns with defensive technology rotation if sustained.