AI Earnings Predictions for Agilysys Inc. (AGYS)

EX-99.1

2 agys-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

AGILYSYS ANNOUNCES RECORD REVENUE OF $87.7M IN FISCAL 2027 FIRST QUARTER

Quarter Adjusted EBITDA of 20.8% and Adjusted EPS of $0.49

Raises Full-Year Fiscal 2027 Guidance Levels: Total Revenue Range to $368M to $373M and

Subscription Revenue Growth to At Least 32%

ALPHARETTA, GA – July 27, 2026 - Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions and services, today reported results for its fiscal 2027 first quarter ending June 30, 2026.

Summary of Fiscal 2027 First Quarter Financial Results

• Total net revenue increased 14.3% to a record $87.7 million compared to total net revenue of $76.7 million in the comparable prior-year period.

• Recurring revenue (comprising subscription and maintenance charges) was a record $57.7 million, or 65.9% of total net revenue, compared to $48.6 million, or 63.4% of total net revenue for the same period in fiscal 2026. Subscription revenue increased 26.1% year-over-year and was 69.7% of total recurring revenue compared to 65.6% of total recurring revenue in the first quarter of fiscal 2026.

• Gross margin was 63.5% in the fiscal 2027 first quarter compared to 61.7% in the comparable prior-year period.

• Net income in the fiscal 2027 first quarter was $9.0 million, or $0.32 per diluted share, compared to $4.9 million, or $0.17 per diluted share, in the comparable prior-year period.

• Adjusted EBITDA (non-GAAP) was $18.3 million compared to $12.5 million in the comparable prior-year period (reconciliation included in financial tables).

• Adjusted diluted EPS (non-GAAP) was $0.49 per share in the fiscal 2027 first quarter compared to $0.33 per share in the comparable prior-year period (reconciliation included in financial tables).

• Free cash flow (non-GAAP) in the fiscal 2027 first quarter was $7.3 million compared to free cash flow of $(5.0) million in the fiscal 2026 first quarter (reconciliation included in financial tables). Ending cash balance was $123.7 million compared to ending cash balance of $116.9 million as of fiscal 2026 year-end.

Ramesh Srinivasan, President and CEO of Agilysys, commented, “Q1 Fiscal 2027 was another good quarter with the overall business fundamentals making excellent progress. Revenue was a record $87.7 million, the 18th consecutive record revenue quarter, driven by subscription growth of 26% and record professional services revenue of $19.6 million.

The appetite for modern technology solutions continues to be high in the hospitality industry. The combined strengths of our ecosystem of software solutions and recently added AI powered feature sets are yielding excellent sales and adoption results. Q1 Fiscal 2027 was another highly successful sales quarter, the best ever Q1 sales period, driving backlog levels to record highs.

We are pleased to see the business continuing to achieve growth and profitability results ahead of original expectations. As a result, we are raising full fiscal year total revenue expectation to be in the range of $368 million to $373 million driven by year-over-year subscription revenue growth of at least 32%, from the original guidance of $365 million to $370 million and at least 30% subscription revenue growth. Adjusted EBITDA expectation remains at 24% of revenue for the full fiscal year, providing adequate room for any potential additional strategic business investment needs” Srinivasan concluded.

Fiscal 2027 Outlook

The Company is raising full year subscription revenue growth guidance of at least 30% year-over-year to at least 32% and full year fiscal 2027 total revenue to be $368 million to $373 million. Adjusted EBITDA expectations remain at 24% of revenue for the full fiscal year.

Dave Wood, Chief Financial Officer, commented, “We have hit the ground running in Fiscal 2027. The business plan execution for the year is slightly ahead of target due to sales velocity and project implementation progress. We are pleased to be in a position after the first financial quarter to increase our full year expectations as a result of execution successes seen thus far.

The Agilysys teams continue to remain dedicated to executing at elevated levels to support our customers, resulting in continued profitable growth momentum in our business.”

2027 First Quarter Conference Call and Webcast

Agilysys is hosting a conference call and webcast today, July 27, 2026, at 4:30 p.m. ET. Both the call and the webcast are open to the public. Interested parties can register for the call at https://register-conf.media-server.com/register/BIedfac83ebf394cbfa8e9e2c5958f0734. After registration, an email confirmation with a personalized PIN will be provided along with further access details. Please plan to register 15 minutes prior to the presentation to receive confirmation and further instruction in a timely manner.

Interested parties can also access the conference call live through the Events and Presentations section of the Inv

EX-99.1

2 agys-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

AGILYSYS ANNOUNCES 17th CONSECUTIVE RECORD REVENUE QUARTER OF $82.9M AND FULL YEAR RECORD REVENUE OF $319.3M

Annual Revenue Includes Recurring Revenue of $205.9M and Subscription Revenue Growth of 30.2%

Annual Record Adjusted EBITDA of $67.7M and Free Cash Flow of $68.1M

Annual Revenue Expected To Grow To $365M to $370M In Fiscal 2027 Including Subscription Revenue Growth of At Least 30% and Full Year Adjusted EBITDA of 24%

ALPHARETTA, GA – May 18, 2026 - Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions and services, today reported results for its fiscal 2026 fourth quarter and full year ending March 31, 2026.

Summary of Fiscal 2026 Fourth Quarter Financial Results

• Total net revenue increased 11.7% to a record $82.9 million compared to total net revenue of $74.3 million in the comparable prior-year period.

• Recurring revenue (comprised of subscription and maintenance charges) was a record $54.4 million, or 65.5% of total net revenue, compared to $46.2 million, or 62.2% of total net revenue for the same period in fiscal 2025. Subscription revenue increased 24.1% year-over-year and was 68.0% of total recurring revenue compared to 64.4% of total recurring revenue in the fourth quarter of fiscal 2025.

• Gross margin was 64.4% in the fiscal 2026 fourth quarter compared to 60.7% in the comparable prior-year period.

• Net income in the fiscal 2026 fourth quarter was $12.3 million, or $0.43 per diluted share, compared to $3.9 million, or $0.14 per diluted share, in the comparable prior-year period.

• Adjusted EBITDA (non-GAAP) was a record $21.5 million compared to $14.8 million in the comparable prior-year period (reconciliation included in financial tables).

• Adjusted diluted EPS (non-GAAP) was $0.63 per share in the fiscal 2026 fourth quarter compared to $0.54 per share in the comparable prior-year period (reconciliation included in financial tables).

• Free cash flow (non-GAAP) in the fiscal 2026 fourth quarter was a record $35.4 million compared to free cash flow of $26.5 million in the fiscal 2025 fourth quarter (reconciliation included in financial tables). Ending cash balance was $116.9 million compared to ending cash balance of $73.0 million as of fiscal 2025 year-end.

Summary of Full Fiscal Year 2026 Financial Results

• Total net revenue increased 15.9% to a record $319.3 million compared to total net revenue of $275.6 million in the comparable prior-year period.

• Recurring revenue (comprised of subscription and maintenance charges) was a record $205.9 million, or 64.5% of total net revenue, compared to $170.1 million, or 61.7% of total net revenue, for fiscal year 2025. Subscription revenue increased 30.2% year-over-year and was 66.6% of total recurring revenue compared to 61.9% of total recurring revenue in fiscal year 2025.

• Gross margin was 62.6% in fiscal year 2026 compared to 62.4% in the comparable prior-year period.

• Net income in fiscal year 2026 was $38.8 million, or $1.37 per diluted share, compared to $23.2 million, or $0.82 per diluted share, in the comparable prior-year period.

• Adjusted EBITDA (non-GAAP) was a record $67.7 million compared to $53.8 million in the comparable prior-year period (reconciliation included in financial tables).

• Adjusted diluted EPS (non-GAAP) was a record $1.79 per share in fiscal year 2026 compared to $1.55 per share in the comparable prior-year period (reconciliation included in financial tables).

• Free cash flow (non-GAAP) in fiscal year 2026 was a record $68.1 million compared to free cash flow of $52.3 million in fiscal year 2025 (reconciliation included in financial tables).

Ramesh Srinivasan, President and CEO of Agilysys, commented, “We are pleased to announce a 17th consecutive record revenue quarter of $82.9 million, including 24.1% subscription revenue growth and services revenue of $18.2 million. Full fiscal year 2026 revenue was a record $319.3 million which included 30.2% year-over-year subscription revenue growth.

“Fiscal 2026 full year sales was an all-time record, which concluded with an excellent record high sales quarter. Subscription sales grew by an impressive 29% over the previous best prior year and will continue to drive subscription revenue growth momentum throughout Fiscal 2027.

Srinivasan continued, “Sweeping AI related changes across the entire organization, especially in R&D, are helping us to improve operating leverage across several business areas and increase the pace of competitive product differentiation of our hospitality focused software solution ecosystem. During the quarter, taking advantage of our deep hospitality software domain knowledge, AI related technology advances available for use today and the potential for deep integration with the rest of our core products including PMS, we began development on and recently announced the launch of a couple of new entirely AI-native software modules -

8-K

false000007874900000787492026-01-262026-01-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 26, 2026

AGILYSYS, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware

000-5734

34-0907152

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

3655 Brookside Parkway, Suite 300 Alpharetta, Georgia

30022

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (770) 810-7800 Not Applicable (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, without par value

AGYS

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition. On January 26, 2026, Agilysys, Inc. issued a press release announcing its results for fiscal 2026 third quarter. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report as well as in Exhibit 99.1 is furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and such information shall not be deemed to be incorporated by reference in any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following item is furnished as an exhibit to this current report on Form 8-K:

Exhibit Number

Description

99.1

Press release issued by Agilysys, Inc. dated January 26, 2026, announcing its results for the third quarter and period ended December 31, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Company Name

Date: January 26, 2026

By:

/s/ William David Wood III

William David Wood III

Chief Financial Officer

(Principal Financial Officer)