Q2 2026 Agilysys Inc Earnings Call Transcript
Key Points
- Agilysys Inc (AGYS) reported a record revenue of $79.3 million for fiscal 2026 Q2, marking the 15th consecutive record revenue quarter.
- Subscription revenue grew by 33.1% year over year, now constituting 65.5% of total recurring revenue.
- The company added 18 new customers in Q2, all of which were subscription-based sales agreements, indicating strong demand for their subscription model.
- International sales saw a significant increase, with a 36% rise compared to the previous year, showcasing global expansion.
- The company raised its full-year revenue guidance to a range of $315 to $318 million, reflecting confidence in continued growth.
- Gross profit margin decreased slightly to 61.7% from 63.3% in the prior year, due to margins associated with one-time revenue.
- Despite strong sales momentum, the company still faces challenges with customer implementation delays.
- The company noted that it is not yet well-known in large parts of the hospitality market, indicating a need for increased brand awareness.
- There is a potential for margin fluctuations due to investments required for major projects like the Marriott PMS rollout.
- The company continues to face competition, particularly in the food service management vertical, from smaller technology vendors.
Good day ladies and gentlemen, and welcome to the Agillysis 2026 second quarter conference call. As a reminder, today's conference may be recorded. I would now like to turn the conference over to Jessica Hennessy, Vice President of operations and investor relations at Agiosis. You may begin.
Thank you, Carmen, and good afternoon, everybody.
Thank you for joining the Agilis 2026 second quarter conference call. We will get started in just a moment with management's comments, but before doing so.
Let me read the Safe Harbor language.
Some statements made on today's call will be predictive and are intended to be made as forward-looking within the safe harbor protection of the US Private Securities Litigation Reform Act of 1,995, including statements regarding our financial guidance. Although the company believes that its forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause results to
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
