Business Wire·Oct 27, 2025, 5:07 PM ET

Agilysys Announces 15th Consecutive Record Revenue Quarter: $79.3M in Fiscal 2026 Q2

Agilysys reported Fiscal 2026 second-quarter net revenue of $79.3 million, a 16.1% increase from the prior-year period.
Subscription revenue grew 33.1% year-over-year to $33.4 million, representing 65.5% of total recurring revenue.
Recurring revenue reached a record $51.0 million, or 64.3% of total net revenue.
Net income for the quarter was $11.7 million, or $0.41 per diluted share, compared to $1.4 million in the prior year.
Adjusted EBITDA increased to $16.4 million from $12.2 million in the comparable prior-year period.
Free cash flow for the quarter was $15.0 million, up from $5.9 million in the prior year.
The company raised its full-year Fiscal 2026 revenue guidance to a range of $315 million to $318 million.
Full-year Fiscal 2026 subscription revenue growth guidance was increased to 29% from the previous 27%.
Adjusted EBITDA guidance remains at 20% of revenue for the full fiscal year.
Subscription revenue growth guidance excludes material revenue from a large-scale PMS project currently in progress.
Cash balance at the end of the quarter was $59.3 million, down from $73.0 million at the end of Fiscal 2025.
The quarter marked the 15th consecutive quarter of record revenue with strong sales momentum \& high backlog levels.
Agilysys hosted a conference call \& webcast on October 27, 2025, at 4:30 p.m. ET for public access.