Agilysys, Inc. filed its quarterly report on Form 10-Q with the SEC for the fiscal quarter ended September 30, 2026, disclosing second-quarter results including total net revenue of $93.4 million and net income of $13.2 million.

Key Highlights

  • Total net revenue of $93,360 thousand for the three months ended September 30, 2026, compared with $79,299 thousand in the same period a year earlier, according to the filing.
  • Subscription and maintenance revenue of $62,160 thousand for the quarter, up from $50,955 thousand in the prior-year quarter, the filing reported.
  • Gross profit margin of 64.6% for the three months ended September 30, 2026, versus 61.7% in the prior-year quarter, as disclosed in the statements of operations.
  • Net income of $13,177 thousand for the quarter, with diluted net income per share of $0.46, compared with $11,710 thousand and $0.41 per diluted share a year earlier.
  • Cash and cash equivalents of $137,558 thousand as of September 30, 2026, up from $116,894 thousand at March 31, 2026, according to the balance sheet.
  • 28,215,805 shares of common stock outstanding as of October 16, 2026, as stated on the cover page of the filing.
  • Total shareholders' equity of $357,733 thousand at September 30, 2026, compared with $326,791 thousand at March 31, 2026.

Agilysys Reports Second-Quarter and Six-Month FY2027 Financial Results

Agilysys, Inc. (NASDAQ:AGYS) filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting total net revenue of $93,360 thousand for the three months ended September 30, 2026, an increase from $79,299 thousand in the comparable prior-year quarter. Subscription and maintenance revenue, the largest revenue component, rose to $62,160 thousand from $50,955 thousand, while professional services revenue reached $19,210 thousand and product revenue came in at $11,990 thousand, according to the filing.

For the six months ended September 30, 2026, the company reported total net revenue of $181,038 thousand, compared with $155,976 thousand for the same period in fiscal 2026. Net income for the six-month period was $22,169 thousand, or $0.78 per diluted share, versus $16,600 thousand, or $0.59 per diluted share, in the prior-year six-month period. Operating income for the six months was $24,985 thousand, up from $18,668 thousand, the filing disclosed.

The condensed consolidated balance sheet as of September 30, 2026, showed total assets of $495,478 thousand, compared with $481,528 thousand at March 31, 2026. Goodwill stood at $132,372 thousand and intangible assets, net, were $63,379 thousand. The company reported net cash provided by operating activities of $23,006 thousand for the six months ended September 30, 2026, versus $10,867 thousand in the prior-year period. Share-based compensation for the six-month period was $12,281 thousand, compared with $10,029 thousand in the prior year. The company also reported a small cash outlay for a business combination of $884 thousand, net of cash acquired, in the six months ended September 30, 2026.

What Was Disclosed

Agilysys filed its quarterly report covering the three and six months ended September 30, 2026, providing unaudited condensed consolidated financial statements, balance sheet data, cash flow information, and details on shareholders' equity and share counts as of October 16, 2026.