Business Description

Agilysys, Inc. is a global provider of enterprise software and technology solutions designed specifically for the hospitality industry. Headquartered in Alpharetta, Georgia, the company offers point-of-sale (POS), property management systems (PMS), and inventory management software. Its solutions help hotels, resorts, casinos, and cruise lines streamline operations and manage the guest experience.

Financial Statements

In thousands, USD
FY 2026FY 2025FY 2024FY 2023
Total Revenues319,312275,624237,464198,065
Cost of Sales119,389103,63693,20877,246
Gross Profit199,923171,988144,256120,819
Selling, General & Administrative Expenses81,99373,97664,71853,385
Depreciation & Amortization Expenses9,5857,5385,2623,512
Research & Development Expenses72,74662,41156,73950,260
Other Operating Expenses(7,416)5,4721,784787
Operating Profit43,01522,59115,75312,875
Interest and Investment Income1,9923,7825,0832,192
Interest Expense(493)(1,529)
Non-Operating Income3,894791(152)697
Total Non-Operating Income5,3933,0444,9312,889
Income Before Provision for Income Taxes48,40825,63520,68415,764
Provision for Income Taxes9,6172,410(65,511)1,182
Consolidated Net Income38,79123,22586,19514,582
Net Income Attributable to Preferred Dividends1,2041,836
Net Income Attributable to Common Shareholders38,79123,22584,99112,746
Basic EPS1.390.843.311.02
Diluted EPS1.370.823.170.97
Basic Weighted Average Shares Outstanding27,92327,51825,66824,694
Diluted Weighted Average Shares Outstanding28,38928,25726,84225,929
Shares Outstanding28,16628,01627,37725,327
FY 2026FY 2025FY 2024FY 2023
Cash and Cash Equivalents116,89473,041144,891112,842
Total Cash and Cash Equivalents116,89473,041144,891112,842
Accounts Receivable43,06931,52929,44122,378
Other Receivables4,4384,5232,2872,242
Total Trade Receivables47,50736,05231,72824,620
Inventories7,5295,1744,5879,774
Other Current Assets12,2019,2607,7317,422
Total Current Assets184,131123,527188,937154,658
Net Property, Plant & Equipment27,77333,83236,31427,284
Net Intangible Assets66,35970,80216,95218,140
Goodwill133,908130,64032,79132,638
Other Long-Term Assets69,35775,56975,43610,316
Total Assets481,528434,370350,430243,036
Accounts Payable12,44512,3889,4229,418
Accrued Expenses24,33322,32419,52213,708
Current Portion of Leases5,3235,6584,2793,265
Unearned Revenue83,00970,65456,14852,124
Total Current Liabilities125,110111,02489,37178,515
Long-Term Debt24,000
Leases13,72117,30419,61313,477
Other Long-Term Liabilities15,90616,1564,9696,275
Total Long-Term Liabilities29,62757,46024,58219,752
Total Liabilities154,737168,484113,95398,267
Preferred Stock35,459
Common Stock10,00310,00310,0039,482
Treasury Stock(1,554)(1,600)(1,791)(1,884)
Additional Paid-in Capital131,632109,78594,68052,978
Accumulated Other Comprehensive Income(13,061)(13,282)(4,170)(4,030)
Retained Earnings199,771160,980137,75552,764
Total Common Shareholders' Equity326,791265,886236,477144,769
Total Shareholders' Equity326,791265,886236,477109,310
Total Liabilities and Shareholders' Equity481,528434,370350,430243,036
FY 2026FY 2025FY 2024FY 2023
Net Income38,79123,22586,19514,582
Depreciation & Amortization10,2507,9995,4213,671
Share-Based Compensation Expense21,81817,77714,11112,958
Other Adjustments6,933459(67,498)(115)
Changes in Trade Receivables(11,314)(2,792)(7,032)1,947
Changes in Inventories(2,352)(556)5,189(2,897)
Changes in Accounts Payable742,185973(1,582)
Changes in Accrued Expenses(1,541)3835,6592,711
Changes in Income Taxes Payable454(106)(1,177)290
Changes in Unearned Revenue11,8295,7303,9656,383
Changes in Other Operating Activities(4,945)8242,380(3,485)
Cash from Operating Activities69,99755,12848,18634,463
Capital Expenditure(1,848)(2,783)(8,127)(7,238)
Proceeds from Sale of Property, Plant & Equipment552
Purchases of Investments(27)(27)(27)
Payments for Business Acquisitions(145,756)395
Cash from Investing Activities(1,848)(148,566)(7,602)(6,870)
Issuance of Long-Term Debt49,645
Repayments of Long-Term Debt(24,000)(26,000)(2)(4)
Net Issuance / (Repayments) of Long-Term Debt(24,000)23,645(2)(4)
Issuance of Common Shares1,4761,026
Repurchases of Common Shares(1,943)(2,743)(6,893)(9,254)
Net Issuance / (Repurchases) of Common Shares(467)(1,717)(6,893)(9,254)
Preferred Share Dividends Paid(1,663)(1,836)
Cash from Financing Activities(24,467)21,928(8,558)(11,094)
Effect of Exchange Rate Changes on Cash and Cash Equivalents171(340)23(628)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash43,853(71,850)32,04915,871

Key Metrics & Ratios

MetricValue
Market Cap$2.00B
P/E51.93x
P/S6.28x
EV/EBITDA35.78x
Return on Equity13.1%
Return on Invested Capital11.1%
Current Ratio1.47x
Dividend Yield0.0%
Free Cash Flow Margin21.3%

Margins

Gross margin
62.6%
Operating margin
13.5%
Net margin
12.1%

Quarterly Trend

QuarterRevenueYoY growthOperating marginOperating income
Q1 2027 $88M +14.3% 11.1% $10M
Q4 2026 $83M +11.7% 15.2% $13M
Q3 2026 $80M +15.6% 14.6% $12M
Q2 2026 $79M +16.1% 17.8% $14M
Q1 2026 $77M 5.9% $5M
Q4 2025 $74M 7.1% $5M
Q3 2025 $70M 10.7% $7M
Q2 2025 $68M 6.0% $4M

More on Agilysys, Inc.

Figures compiled from public company filings.

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