Agilysys Inc

Latest Results (22.11.2025):

Agilysys, Inc. reported results for its fiscal 2026 first quarter (Q1) ending June 30, 2025, marking its 14th consecutive record revenue quarter with ~21% year‑over‑year total revenue growth driven by strong subscription and services demand; the company reported notable profitability metrics and raised its subscription revenue growth outlook for the full fiscal year.

Top‑line performance

Revenue grew approximately 21% year-over-year in Q1 FY2026, driven by robust sales of its cloud-native hospitality solutions and record backlog levels.

Subscription growth

Subscription revenue increased 44% year-over-year in the quarter (including Book4Time), prompting management to raise full‑year subscription revenue growth guidance to 27% (up from 25%).

Services and sales momentum

Professional services revenue grew about 16% YoY; Q1 was the company’s second-highest selling success quarter, with annual contract value (ACV) 24% higher than the prior‑year period, and recurring/services backlog at record levels despite strong implementation activity.

Profitability metrics

Adjusted EBITDA for the quarter was $12.5 million and adjusted EPS was $0.33. Management continues to expect Adjusted EBITDA of ~20% of revenue for full fiscal 2026.

Full‑year guidance

Agilysys maintained full fiscal 2026 total revenue guidance of $308M–$312M, increased subscription revenue growth guidance to 27% YoY, and reiterated the 20% Adjusted EBITDA target; guidance excludes material revenue from a major PMS project currently in progress.

Management commentary & next steps

CEO Ramesh Srinivasan and CFO Dave Wood highlighted strong selling momentum and faster deployment of subscription projects. The company hosted a conference call and webcast on July 21, 2025 to discuss results and outlook.