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Agilysys (AGYS)
NASDAQ:AGYS
Earnings Data
Report Date
May 19, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.5Last Year’s EPS
0.54Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong positive momentum: record quarterly revenue, robust recurring and subscription growth, raised full-year revenue guidance, improving implementation efficiencies, expanding customer wins and cross-sell, accelerating AI-driven product and implementation benefits, and improving profitability and cash position. Headwinds mentioned were moderate and mostly transitory — a brief casino/gaming slowdown in Oct–Nov (recovered in December), international quarter-to-quarter variability, slight gross margin compression due to mix and ramping services hires, professional services utilization seasonality, and a subscription backlog below its all-time peak. Overall, the positives (record results, guidance raise, margin and cash improvements, strong subscription traction and strategic wins including Marriott pilot progress) materially outweigh the limited operational and seasonality-related lowlights.Company Guidance
Record Quarterly Revenue
Q3 fiscal 2026 revenue was a record $80.4 million, a 15.6% increase year-over-year and the 16th consecutive record revenue quarter.
Strong Recurring and Subscription Growth
Recurring revenue was a record $52.0 million, up 17.2% YoY and represented 64.7% of total revenue. Subscription revenue was a record $34.9 million, up 23.1% YoY and the 17th consecutive quarter of ≥23% subscription YoY growth.
Robust Year-to-Date Subscription Momentum
Fiscal 2026 year-to-date subscription sales are up 37% YoY; cumulative subscription SaaS sales through three quarters reached 95% of the previous best full year; subscription run rate doubled over the past 2.5 years.
Raised Full-Year Revenue Guidance
Company raised top-line guidance to $318 million for fiscal 2026 (top end of recent range) while maintaining subscription revenue growth guidance of 29% and adjusted EBITDA target of 20% of revenue.
Profitability and Cash Strength
Q3 operating income of $11.7 million (vs $7.4M prior year), net income $9.9 million (vs $3.8M), GAAP diluted EPS $0.35 (vs $0.14), adjusted net income $12.2M (vs $10.7M), adjusted diluted EPS $0.42 (vs $0.38). Adjusted EBITDA was $17.3M (vs $14.7M) and FY-to-date adjusted EBITDA is 19.5% of revenue, trending to >20% full-year. Cash and marketable securities $81.5M (up from $73M), company is debt-free after paying down $24M revolver; free cash flow $22.7M (vs $19.7M).
Services and Implementation Improvements
Professional services revenue was $17.7 million, up 22% YoY and a record for normal project implementation services. Services revenue backlog decreased quarter-over-quarter, indicating improved implementation efficiency and faster conversion of bookings to revenue.
Customer Wins, Additions and Cross-Sell
Added 16 new customers (all subscription-based), 13 Book4time Spa customers, 91 new properties (parent already a customer) and 120 total new properties in the quarter; 118 of 120 were partially or fully subscription-based. There were 109 instances of cross-sell to properties adding 248 new products.
Product-Specific Strengths
PMS subscription revenue grew 30% YoY; POS and POS-related subscription revenue grew 20% YoY (improving from mid-to-high teen growth prior); add-on modules including Book4time constituted 37% of subscription revenue.
Major Strategic Wins & Marriott Milestone
Notable wins include large HRC brand deals, a global POS hunting license master agreement with a major hospitality corporation and successful completion of the Marriott PMS pilot with rollout waves starting; Marriott rollout is being managed by customer and excluded from sales/backlog figures.
AI Adoption and Product Modernization Benefits
AI tools are being deployed across product development, QA, implementation, marketing, sales and support. Modernized cloud-native products are increasingly easier and faster to implement, contributing to higher implementation velocity and a 40% YoY increase in subscription ARR installed in Q3.
AGYS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AGYS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 26, 2026 | $113.55 | $90.86 | -19.98% |
Oct 27, 2025 | $115.14 | $141.12 | +22.56% |
Jul 21, 2025 | $116.94 | $111.41 | -4.73% |
May 19, 2025 | $83.02 | $101.37 | +22.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Agilysys (AGYS) report earnings?
Agilysys (AGYS) is schdueled to report earning on May 19, 2026, After Close (Confirmed).
What is Agilysys (AGYS) earnings time?
Agilysys (AGYS) earnings time is at May 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AGYS EPS forecast?
AGYS EPS forecast for the fiscal quarter 2026 (Q4) is 0.5.