Top Page
Kinaxis Inc
(TSX:KXS)
Kinaxis Inc (KXS) vs. iShares MSCI Canada ETF (EWC)
Kinaxis Inc Business Overview & Revenue Model
Kinaxis Inc Earnings Call Summary
Kinaxis Inc Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 557.62M | 483.11M | 426.97M | 366.89M | 250.73M |
| Gross Profit | 337.91M | 294.58M | 258.90M | 235.79M | 163.97M |
| EBITDA | 114.09M | 25.76M | 28.75M | 44.83M | 5.82M |
| Net Income | 71.94M | 56.00K | 10.06M | 20.08M | -1.17M |
Balance Sheet | |||||
| Total Assets | 723.40M | 684.93M | 687.00M | 654.63M | 515.37M |
| Cash, Cash Equivalents and Short-Term Investments | 324.12M | 298.32M | 290.85M | 228.04M | 231.19M |
| Total Debt | 47.92M | 48.91M | 51.42M | 57.53M | 55.23M |
| Total Liabilities | 302.59M | 289.65M | 235.45M | 249.27M | 197.18M |
| Stockholders Equity | 420.80M | 395.28M | 451.56M | 405.37M | 318.20M |
Cash Flow | |||||
| Free Cash Flow | 114.07M | 90.15M | 78.31M | 6.08M | 16.03M |
| Operating Cash Flow | 119.86M | 94.45M | 80.64M | 23.79M | 49.30M |
| Investing Cash Flow | -56.06M | -12.97M | -68.40M | -72.76M | -34.05M |
| Financing Cash Flow | -83.96M | -79.67M | -12.23M | 26.04M | 5.75M |
Kinaxis Inc Technical Analysis
Kinaxis Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$8.38B | 38.38 | 10.76% | ― | 14.55% | 15.55% | |
74 Outperform | $783.83M | 16.69 | 73.40% | ― | 16.25% | 31.71% | |
69 Neutral | C$3.75B | 49.33 | 8.24% | ― | 15.11% | 75.40% | |
67 Neutral | $856.17M | 14.62 | 12.17% | 5.69% | -0.72% | -9.27% | |
64 Neutral | C$6.38B | 41.97 | 15.74% | ― | 21.17% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | $7.92B | 12.20 | 10.88% | 3.27% | -5.01% | 13.21% |
Kinaxis Inc Corporate Events
Kinaxis Inc., a Canadian supply chain orchestration specialist, develops the AI-powered Maestro platform to help global enterprises manage complex supply chains with greater transparency and agility. Its software supports planning and execution across entire networks, positioning the company as a key technology partner for brands navigating logistics volatility.
Kinaxis announced that Chief Financial Officer Blaine Fitzgerald will leave the company in May 2026 to pursue a role at a private firm outside the supply chain software sector, with a search for his successor already underway. The company emphasized its strong recent financial performance, record profitability, and AI-driven growth momentum, suggesting leadership bench strength and continuity in its long-term strategy despite the executive transition.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$180.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.
Kinaxis reported record fourth-quarter 2025 results, with SaaS revenue up 19% and annual recurring revenue rising 20% to $433 million, supported by strong incremental bookings and a remaining performance obligation nearing $1 billion. The company also delivered record quarterly profit and a 26% adjusted EBITDA margin, lifted full-year SaaS growth to 17% with a 25% adjusted EBITDA margin, and issued 2026 guidance that underscores its balancing of growth and profitability as it deepens penetration among large global customers.
The results reflect growing demand for Kinaxis’s Maestro platform as companies seek to manage heightened supply-and-demand volatility and modernize supply chain planning using AI and composable orchestration capabilities. With nearly $1 billion in contracted future revenue and expanding relationships with both new blue-chip customers and its installed base, Kinaxis is reinforcing its position as a leading provider of mission-critical supply chain software and signalling continued revenue and margin expansion in 2026.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$180.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.
Kinaxis plans to amend its normal course issuer bid to increase the maximum number of common shares it can repurchase from 5% of its issued and outstanding shares to 10% of its public float, the maximum allowed under Toronto Stock Exchange rules. Having already invested US$54 million in buybacks and canceling 447,738 shares to date, the company signals confidence that its stock is undervalued amid what it describes as market misunderstanding of the role of generative and agentic AI in mission-critical enterprise software, and sees expanded repurchases—estimated at roughly US$284 million at recent prices—as a way to enhance shareholder value, subject to regulatory approvals and market conditions.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$150.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.
Kinaxis Inc. plans to amend its current normal course issuer bid to increase the maximum number of common shares it can repurchase from about 1.4 million to roughly 2.8 million, or 10% of its public float as of October 31, 2025, the maximum allowed by the Toronto Stock Exchange. The company has already spent US$54 million buying back shares and, at the average price paid to date, a full 10% repurchase would represent an additional investment of about US$284 million, signalling management’s view that the market undervalues Kinaxis amid broader uncertainty about the impact of generative and agentic AI on mission-critical enterprise software. Management highlighted the strength of its Maestro platform and long-developed domain expertise as a competitive moat, while noting that the enlarged buyback remains conditional on TSX approval, market conditions and the company’s discretion to suspend or not proceed with purchases.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$150.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.
Kinaxis Inc. has appointed veteran supply chain and enterprise software executive Razat Gaurav as its new Chief Executive Officer, effective January 12, 2026, at which time he will also join the board of directors. Gaurav, who previously led Planview and LLamasoft and held senior roles at Blue Yonder and i2 Technologies, brings more than 25 years of experience in supply chain solutions and AI-driven growth, with a track record that includes transforming Planview’s AI strategy and more than doubling its revenue while maintaining strong margins. His appointment, alongside other recent leadership additions, is intended to steer Kinaxis into its next phase of AI-driven innovation in supply chain orchestration and support sustained global growth, while interim CEO Bob Courteau returns to his role as non-executive board chair and Angel Mendez continues as independent lead director.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$235.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.
Kinaxis has appointed veteran supply chain executive Razat Gaurav as its new CEO, effective January 12, 2026, with Gaurav also joining the board of directors as part of a planned leadership transition. Bringing more than 25 years of experience at Planview, LLamasoft, Blue Yonder, and i2 Technologies, and a track record of scaling AI-driven enterprise software businesses, Gaurav is expected to accelerate Kinaxis’s next phase of AI-focused growth on its Maestro platform, reinforce its leadership in intelligent supply chain orchestration, and support long-term value creation for employees, customers and shareholders as interim CEO Bob Courteau returns to his role as non-executive board chair.
The most recent analyst rating on (TSE:KXS) stock is a Buy with a C$235.00 price target. To see the full list of analyst forecasts on Kinaxis Inc stock, see the TSE:KXS Stock Forecast page.