Kinaxis Inc

Latest Results (18.05.2026):

Kinaxis Inc. reported record results for the fourth quarter of fiscal 2025 (Q4 2025): SaaS revenue grew 19%, Annual Recurring Revenue (ARR) rose 20% to $433 million, and remaining performance obligations (RPO) approached $1 billion. The company delivered a record Q4 profit of $19.5 million and record adjusted EBITDA of $37.6 million (adjusted EBITDA margin 26%), while fiscal 2025 closed with 17% SaaS growth and a 25% adjusted EBITDA margin. Management also provided FY2026 guidance targeting $620–635 million in total revenue, 17–19% SaaS growth and a 25–26% adjusted EBITDA margin.

Top-line performance

Q4 2025 total revenue was $144.2 million, with SaaS revenue of $97.2 million (up 19% year-over-year). For FY2025 total revenue was $548.0 million and SaaS revenue $362.4 million (SaaS up 17% for the year).

Profitability & margins

Kinaxis reported Q4 profit of $19.5 million versus a prior-year loss, and adjusted EBITDA of $37.6 million (up 19% year-over-year) with a 26% adjusted EBITDA margin in Q4; FY2025 adjusted EBITDA was $138.4 million with a 25% margin.

Recurring revenue & backlog

ARR increased 20% to $433 million at quarter-end. Contracted future revenue (unsatisfied performance obligations) totaled $971.2 million across 2026–2028+, with SaaS-related obligations of $902.1 million — described as an RPO balance approaching $1 billion.

Cash flow & balance sheet

Operating cash flow for Q4 was $29.9 million (up 24% year-over-year). At December 31, 2025, cash and short-term investments totaled about $324.7 million, supporting liquidity while the company repurchased shares during the year.

FY2026 outlook

Guidance for fiscal 2026: total revenue $620–635 million, SaaS revenue growth 17–19%, and adjusted EBITDA margin of 25–26%, reflecting management’s plan to balance continued growth with profitability and targeted AI and GTM investments.

Customers & go-to-market

Management highlighted stronger traction with large global enterprises (noting wins in semiconductors, data storage, oil & gas), over 100 software deals above $1 million in total contract value, and expanded sales into the installed base as drivers of ARR and bookings momentum.