Agilysys Announces Record Revenue of $93.4M in Fiscal 2027 Second Quarter
Business Wire•26/10/2026•16:05 ET
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Key Highlights
- ➤Q2 revenue $93.4M, up 17.7% year over year, reaches a record
- ➤Subscription revenue rose 32.6% year over year
- ➤Fiscal 2027 revenue guidance raised to $374M-$378M
- ➤Fiscal 2027 subscription growth guidance raised to at least 34%
- ➤Full-year adjusted EBITDA guidance increased to 25% of revenue
Expert Statements
Ramesh Srinivasan, President and CEO of Agilysys
“Revenue was a record $93.4 million during Q2 Fiscal 2027, the 19th consecutive record revenue quarter, driven by subscription growth of 32.6%.”
Ramesh Srinivasan, President and CEO of Agilysys
“Q2 Fiscal 2027 one-time product revenue was higher than expected as the hospitality industry continues to increase its investments in modern point of sale (POS) technology solutions.”
Ramesh Srinivasan, President and CEO of Agilysys
“The industry also continues to move forward in earnest to implement the modern, cloud-native ecosystem of software solutions that allows them to improve operational efficiencies and deliver great guest experiences.”
Ramesh Srinivasan, President and CEO of Agilysys
“Q2 Fiscal 2027 was yet another record sales quarter, the best ever Q2 July to September sales period, keeping total backlog at record levels despite strong implementation and delivery results.”
Ramesh Srinivasan, President and CEO of Agilysys
“The business continues to grow ahead of our previous expectations.”
Ramesh Srinivasan, President and CEO of Agilysys
“As a result, we are once again raising full fiscal year total annual revenue guidance to now be in the range of $374 million to $378 million, driven among other things, by an increase in subscription revenue growth, now expected to increase by at least 34% year over year.”
Ramesh Srinivasan, President and CEO of Agilysys
“We expect full fiscal year Adjusted EBITDA to be 25% of revenue, higher than the prior expectation of 24%.”
Dave Wood, Chief Financial Officer of Agilysys
“The second quarter of the fiscal year has continued to yield strong results.”
Dave Wood, Chief Financial Officer of Agilysys
“The teams are continuing to execute at elevated levels across the board, driven by a sustained high level of sales demand and project implementation velocity.”
Dave Wood, Chief Financial Officer of Agilysys
“We are pleased to be in a position once again to increase our full year expectations as a result of this continued momentum.”
Dave Wood, Chief Financial Officer of Agilysys
“The company is well positioned to continue to execute against the current forecasted plan during the second half of the fiscal year.”
Agilysys Announces Record Revenue of $93.4M in Fiscal 2027 Second Quarter
Inclusive of Subscription Revenue Growth of 32.6% and Quarter Adjusted EBITDA of 25.9%
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