Record Revenue and Growth
Fiscal 2026 Q2 revenue was a record $79.3 million, marking the 15th consecutive record revenue quarter, with a growth of 16.1% compared to the prior year period. Overall revenue during the first half of fiscal 2026 was $156 million, 18.4% higher than the first half of last fiscal year.
Significant Subscription Sales Increase
Subscription sales were up 59% year-to-date compared to the prior year. Recurring revenue grew 23% year-over-year and subscription revenue increased by 33.1%, marking the seventh consecutive quarter of over 30% subscription growth.
Strong International Sales and New Customer Wins
International sales grew by 36% and notable wins include Rudding Park in England and Naturally Pacific Resort in Canada, with multiple Agilysys product implementations.
AI-Driven Competitive Advantages
AI is significantly enhancing product development efficiencies and customer operational efficiencies, creating sustainable competitive advantages and increasing the pace of innovation.
Increased Guidance and Financial Health
Full year revenue guidance was increased to $315-$318 million with a subscription revenue growth expectation of 29%. Adjusted EBITDA remains on track for 20% of revenue.