What guidance did Agilysys's management provide for the next earnings period?

What factors drove the changes in Agilysys's revenue and profit?

Did Agilysys beat or miss consensus estimates last quarter?

What is the revenue and EPS growth rate for Agilysys year over year?

What were the key takeaways from Agilysys’s earnings call?

What is Agilysys's latest dividend and current dividend yield?

What does Agilysys do and what are its main business segments?

What is the market's earnings forecast for Agilysys next quarter?

- **Revenue Surge**: Q3 revenue up 15.6% YoY to $80.4M, driven by 23.1% subscription growth and 30% PMS-related ARR expansion.
- **AI-Driven Efficiency**: Modernized products and AI tools cut implementation time, enabling 40% higher ARR installations YoY.
- **Strategic Wins**: Major casino and Ivy League deals highlight ecosystem strength. Marriott PMS project poised to accelerate in Q4.
- **Profitability Targets**: FY26 EBITDA 20% of revenue; FY27 expected to improve with Marriott scale and AI cost savings.
- **Gaming Recovery**: Q3 casino sales rebound in December, signaling sustained vertical strength despite Q4 implied deceleration.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue of $80.4M, up 15.6% YoY, marking the 16th consecutive record quarter. Subscription revenue grew 23.1% YoY to $34.9M, with PMS-related subscription revenue up 30% YoY. ARR installed during Q3 was 40% higher than the same period last year.
- **Product Momentum**: Modernized POS and PMS solutions are driving wins, including a major casino project and Ivy League university expansions. AI tools are improving implementation efficiencies.
- **Marriott PMS Project**: Pilot phase completed successfully, with implementation waves expected to accelerate in Q4 and beyond. Excludes from sales and backlog but poised to contribute to future growth.

**【CFO Financial Commentary】**
- **Profitability**: Gross margin 62.5%, stable despite onetime revenue mix. Operating expenses (excluding stock-based comp) at 41.2% of revenue, down 0.9pts YoY. Adjusted EBITDA $17.3M, up 17.6% YoY.
- **Cash Flow**: Free cash flow $22.7M, up 15.3% YoY. Debt-free balance sheet with $81.5M in cash.
- **Guidance**: Full year revenue now expected at $318M (up 29% YoY for subscription revenue). FY26 EBITDA target 20% of revenue.

**【Q&A Key Highlights】**
- **International Sales**: Despite Q3 softness, FY26 international sales already near second-highest on record. Long-term focus on consistent small/medium wins alongside big deals.
- **AI Impact**: Permeating product development, implementation, and customer support. Winning competitive deals with modernized, AI-driven solutions.
- **Gaming Vertical**: Q3 slowdown in casino sales reversed in December. Expect ongoing strength as implementation efficiencies improve.
- **Marriott Rollout**: Costs baked into FY26 guidance. FY27 profitability expected to improve as Marriott project scales.


Agilysys, Inc. (AGYS) Q3 2026 Earnings Call Transcript

- **Revenue Growth**: Q2 2026 revenue up 16.1% YoY to $79.3M, driven by 23% recurring revenue growth and 33.1% subscription surge.
- **Subscription Dominance**: Subscription now 65.5% of recurring revenue, with 41% YoY sales growth and 29% full-year target.
- **AI & Efficiency**: AI tools boosted implementation speed, reducing services delays and enabling 12% YoY services revenue growth.
- **International Expansion**: 36% international sales growth, including 15-module deal in Canada, and 59% FSM sales increase.
- **Financial Health**: 61.7% gross margin, 20% EBITDA, and $15M free cash flow, with debt-free balance sheet.
- **Guidance Update**: Raised to $315-318M revenue and 29% subscription growth, up from $308-312M and 27%.

**【CEO Summary Section】**
- Q2 2026 revenue reached $79.3 million, a 16.1% YoY increase, driven by 23% growth in recurring revenue and 33.1% subscription revenue growth.
- Subscription sales were up 41% YoY, with FSM sales doubling compared to Q2 2025. International sales grew 36%, and gaming casino sales rose 15%.
- Modernized POS and PMS systems achieved record ARR installations, with subscription revenue now 65.5% of recurring revenue.
- AI initiatives (e.g., GetSense.ai) enhanced product development efficiency and customer retention, with 93 new product implementations across 241 modules.
- Full-year guidance updated to $315-318 million revenue and 29% subscription growth, up from $308-312 million and 27%.

**【CFO Financial Commentary】**
- Gross profit margin was 61.7%, with operating expenses at 41.3% of revenue, down from 45.6% YoY.
- Adjusted EBITDA reached $16.4 million (20% of revenue), up from $12.2 million YoY.
- Free cash flow was $15 million, up from $5.9 million YoY, with debt-free balance sheet.
- Subscription backlog grew 26% YoY, supporting 29% growth target.

**【Q&A Key Highlights】**
- **Sales Momentum**: CEO attributes success to product ecosystem improvements, AI-driven efficiency, and expanded sales teams (16% more quota-carrying reps).
- **International Growth**: EMEA and APAC saw record wins, e.g., 15-module deal with Naturally Pacific Resort in Canada.
- **AI Impact**: AI tools reduced implementation delays, with services revenue up 12% YoY.
- **Marriott Project**: Excluded from guidance, but expected to contribute margin accretion post-launch.
- **Efficiency Gains**: Services team expanded 23%, with 79% YoY increase in ARR installations.
- **Customer Retention**: 108/114 new properties adopted subscription models, 93% of which were partially/fully cloud-based.

Agilysys, Inc. (AGYS) Q2 2026 Earnings Call Transcript

- **Revenue Growth**: Q1 FY2026 revenue of $76.7 million (+20.7% YoY) driven by 44% YoY subscription growth and 16% services growth.
- **Subscription Surge**: Subscription revenue hit $30.3 million (65.6% of recurring revenue), with PMS modules up 48% YoY. FY2026 subscription growth guidance raised to 27%.
- **AI Differentiation**: AI enhancements in PMS, POS, and professional services are improving guest experience and operational efficiency.
- **Profitability Target**: Adjusted EBITDA expected to reach 20% of revenue for FY2026, despite Q1 one-time costs.
- **Backlog Strength**: Subscription backlog up 23% QoQ, supporting updated growth guidance.


**【CEO Summary Section】**
- **Record Sales Growth**: Q1 FY2026 sales were 24% higher YoY, driven by strong performance in food service management (FSM), international markets, and casino gaming. Subscription software sales surged 79% YoY, with POS-related modules growing 61% sequentially.
- **Subscription Momentum**: Subscription revenue reached $30.3 million (44% YoY growth), with PMS-related modules up 48% YoY. Recurring revenue (subscription + maintenance) hit $48.6 million (63.4% of total revenue), up 28% YoY.
- **AI Integration**: AI enhancements are being added to products like PMS, POS, and professional services, improving guest experience and operational efficiency. Internal AI adoption is also boosting efficiency across departments.
- **Backlog and Guidance**: Subscription backlog increased 23% QoQ, leading to an updated FY2026 subscription growth target of 27% (up from 25%). Total revenue guidance remains $308-312 million.

**【CFO Financial Commentary】**
- **Revenue Performance**: Total revenue of $76.7 million (20.7% YoY growth) included $18.1 million in professional services (16% YoY). Subscription revenue grew 44.3% YoY, while onetime product revenue declined 10% YoY due to cloud migration.
- **Profitability**: Adjusted EBITDA was $12.5 million (16.3% of revenue), below annual target due to one-time costs (e.g., user conference). Gross margin was 61.7%, stable despite onetime revenue mix shifts.
- **Cash Flow**: Free cash flow was negative $5 million due to working capital timing, but FY2026 free cash flow is expected to normalize. Debt was fully paid off in July.

**【Q&A Key Highlights】**
- **Sales Capacity**: Sales team expanded 45% YoY, with focus on hotel/resort vertical and inside sales. New hires are driving door-opening rates, though productivity ramp-up continues.
- **International Growth**: Momentum in large multiproduct deals, but success depends on reference customers and medium-sized deals. Product localization is minimal, with ecosystem strength driving wins.
- **User Conference Costs**: Q1 sales & marketing expenses included ~$3 million for the Inspire conference, pushing the line to 14.7% of revenue. FY2026 guidance assumes normalization to ~13%.
- **AI Roadmap**: AI enhancements are being rolled out across products (e.g., dynamic PMS upgrades, conversational ordering). Internal AI adoption is improving efficiency without data exposure risks.
- **M&A Strategy**: Patient and selective, focusing on complementary products or market share gains. No immediate need due to strong organic growth, but opportunities are being evaluated.


Agilysys, Inc. (AGYS) Q1 2026 Earnings Call Transcript

- **Record Growth**: FY25 revenue $275.6M (+16%), subscription revenue $170.1M (+39.5%). Q4 subscription up 42.7%, services revenue hit record $17.8M.
- **POS Turnaround**: Q4 POS sales +27% sequentially, driven by modernized platform. FSM sales doubled in second half of FY25.
- **FY26 Guidance**: $308-312M revenue (12% growth), 25% subscription growth, 20% EBITDA margin. Excludes Marriott PMS impact.
- **Profitability**: Adjusted EBITDA $53.8M (19.5% of revenue) FY25. FY26 target 20% margin with 15% recurring revenue growth.
- **Key Risks**: Marriott project timing uncertainty, macroeconomic headwinds, legacy product transition.

**【CEO Summary Section】**
- Fiscal 2025 ended with record sales across all verticals except Managed Food Services (MFS). Q4 was the best sales quarter ever, with subscription SaaS and PMS sales up 42.7% and 58% YoY, respectively.
- POS sales rebounded 27% sequentially in Q4, driven by a modernized, unified platform. FSM sales doubled in the second half of FY25 as the new POS platform gained traction.
- FY26 guidance: $308-312M revenue (12% YoY growth), 25% subscription revenue growth, and 20% EBITDA margin. Excludes potential contribution from the Marriott PMS project.
- International sales pipeline grew 18% YoY, with 16 new customers added in Q4 averaging 6 products each.

**【CFO Financial Commentary】**
- Q4 2025 revenue: $74.3M (19.4% YoY), with subscription revenue at $29.8M (42.7% YoY). Services revenue hit a record $17.8M.
- Full year 2025 revenue: $275.6M (16% YoY), with recurring revenue up 23.2% to $170.1M. Subscription revenue grew 39.5%.
- Gross margin improved to 62.4% FY25 vs. 60.7% FY24. Adjusted EBITDA was $53.8M (19.5% of revenue) vs. $37.1M FY24.
- FY26 guidance: 5-10% growth in one-time product and services revenue, 15% recurring revenue growth, and 20% EBITDA margin.

**【Q&A Key Highlights】**
- **POS Recovery**: New unified platform drove Q4 FSM sales up 28% YoY. Customers prefer single-vendor solutions, reducing implementation complexity.
- **Implementation Strategy**: 90% of implementations use internal teams due to platform complexity. Customer-paid R&D efforts limit predictability.
- **Subscription Growth**: 25% FY26 target includes 4 months of Book4Time contribution. Organic growth would be ~22-23%.
- **Marriott PMS Project**: Beta testing begins soon. While progress is strong, risks remain due to project complexity. Excluded from FY26 guidance.
- **International Expansion**: Pipeline up 18% YoY. Focus on multi-amenity resorts where competitors lack ecosystem depth.
- **Book4Time Integration**: Cross-selling opportunities emerging. FY26 contribution to subscription growth expected to accelerate.

Agilysys, Inc. (AGYS) Q4 2025 Earnings Call Transcript

- **Record Revenue Growth**: Q3 2025 revenue of $69.6M (+14.9% YoY) driven by 45.1% YoY subscription revenue growth to $28.3M. 
- **PMS Dominance**: PMS-related sales (excluding Book4Time) up 70% YoY, with 8.8M in subscription revenue growth. 
- **POS Challenges**: Product revenue down 15.8% YoY, but pipeline suggests recovery in next quarters. 
- **Profitability Strength**: Adjusted EBITDA of $14.7M (+24.6% YoY), free cash flow of $19.7M. 
- **Future Momentum**: FY25 subscription growth of 38%, with focus on international expansion and modernized product rollouts. 


**【CEO Summary Section】**
- **Sales Performance**: Q3 2025 was the third-highest sales quarter ever, with PMS-related sales up 70% YoY (excluding Book4Time). POS sales lagged due to challenges in transitioning to modernized versions, particularly in the Managed Food Services vertical. 
- **Revenue Growth**: Total revenue reached $69.6M, a 14.9% YoY increase. Subscription revenue grew 45.1% YoY to $28.3M, driven by PMS and POS add-on modules. Recurring revenue accounted for 63.8% of total revenue. 
- **Challenges**: Product revenue declined 15.8% YoY due to reduced perpetual licenses and hardware sales. Services revenue was impacted by delayed implementations and hiring challenges. 
- **Pipeline Strength**: Demo+ pipeline grew 20% YoY, with POS and PMS opportunities up 22% and 37% YoY, respectively. 
- **Future Outlook**: Expect POS sales to recover in the next few quarters, with a focus on improving implementation speed and hiring for services teams. 

**【CFO Financial Commentary】**
- **Revenue Breakdown**: Product revenue ($10.7M) declined 15.8% YoY; Services revenue ($14.5M) grew 13.5% YoY. Subscription revenue ($28.3M) was 45.1% higher YoY. 
- **Profitability**: Gross margin improved to 63.0% (vs. 62.5% prior year). Adjusted EBITDA was $14.7M, up 24.6% YoY. Free cash flow for the quarter was $19.7M. 
- **Cost Management**: Operating expenses (excluding stock-based comp) were 42.1% of revenue, down from 43.1% prior year. 
- **Guidance Update**: Full-year revenue expected at $273M, with subscription growth of at least 38%. 

**【Q&A Highlights】**
- **Marriott Project**: Development phase complete; test properties and pilot sites expected in H2 2025. High transparency and coordination among vendors. 
- **International Sales**: Q4 could be a record quarter for APAC and EMEA, driven by significant pipeline opportunities. 
- **POS Recovery**: Pipeline indicates improvement in the next few quarters, with focus on simplifying implementations. 
- **TAM Expansion**: Total Addressable Market expanded to $16B, reflecting growth in add-on modules and PMS solutions. 
- **Gross Margin Outlook**: Gross margin expected to remain above 60%, with gradual expansion as subscription mix grows. 


Actual									0.05	0.08	0.29	0.23	0.21	0.21	0.18	0.19	0.24	0.21	0.24	0.26	0.26	0.18	0.25	0.35	0.32	0.3	0.34	0.38	0.54	0.33	0.4	0.42
Forecast									-0.004	-0.04	0.115	0.2025	0.185	0.165	0.1775	0.1525	0.1667	0.1767	0.1833	0.21	0.22	0.1433	0.19	0.255	0.2895	0.2625	0.296	0.3425	0.286	0.3617	0.3833	0.4557
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+1350.00%	+300.00%	+152.17%	+13.58%	+13.51%	+27.27%	+1.41%	+24.59%	+43.97%	+18.85%	+30.93%	+23.81%	+18.18%	+25.61%	+31.58%	+37.25%	+10.54%	+14.29%	+14.86%	+10.95%	+88.81%	-8.76%	+4.36%	-7.83%

AGYS

AGYS fundamentals

AGYS Q3 2026 Earnings

Earnings Call

You can ask Aime

AGYS

AGYS fundamentals

AGYS Q3 2026 Earnings

Earnings Call

AGYS Earnings Call Summary for Q3/20264:30 PM on Jan 26, 2026

AGYS Earnings Call Summary for Q2/20264:30 PM on Oct 27, 2025

AGYS Earnings Call Summary for Q1/20264:30 PM on Jul 21, 2025

AGYS Earnings Call Summary for Q4/20254:30 PM on May 19, 2025

AGYS Earnings Call Summary for Q3/20254:30 PM on Jan 21, 2025

You can ask Aime