Every material Form 8-K Agilysys has filed with the SEC since January 22, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Agilysys reported fiscal 2027 second-quarter results on October 26, 2026, with total net revenue up 17.7% to $93.4 million and net income of $13.2 million, or $0.46 per diluted share, versus $11.7 million, or $0.41, a year earlier. The company raised its full-year fiscal 2027 total revenue guidance to $374 million to $378 million and its subscription revenue growth outlook to at least 34%, and expects Adjusted EBITDA of 25% of revenue.
Total net revenue rose 17.7% to $93.4 million; subscription revenue grew 32.6% year over year.
Net income was $13.2 million, or $0.46 per diluted share, compared with $11.7 million, or $0.41, a year earlier.
Full-year fiscal 2027 total revenue guidance raised to $374 million to $378 million; Adjusted EBITDA expected at 25% of revenue, up from 24%.
Free cash flow (non-GAAP) was $14.8 million, versus $15.0 million in the prior-year quarter; ending cash was $137.6 million.
Agilysys reported fiscal 2027 first-quarter revenue of $87.7 million, up 14.3% from $76.7 million a year earlier, and net income of $9.0 million, or $0.32 per diluted share, versus $4.9 million, or $0.17, a year earlier. The company raised its full-year fiscal 2027 total revenue guidance to $368 million to $373 million from $365 million to $370 million, which signals stronger expected sales for shareholders.
Total net revenue rose 14.3% to $87.7 million; subscription revenue grew 26.1% year over year.
Net income was $9.0 million, or $0.32 per diluted share, compared with $4.9 million, or $0.17, a year earlier.
Full-year fiscal 2027 total revenue guidance raised to $368 million to $373 million; subscription revenue growth guidance raised to at least 32% from at least 30%.
Free cash flow (non-GAAP) was $7.3 million, compared with negative $5.0 million a year earlier.
Agilysys, Inc. entered a new employment agreement on June 18, 2026 with CEO and President Ramesh Srinivasan, setting a three-year initial term with automatic one-year renewals. The package includes a $600,000 base salary and a grant of 78,269 restricted stock units valued at $6.8 million, half of which are tied to stock price targets of $105, $120 and $135 per share.
Base salary of $600,000 per year; target annual bonus equal to base salary, with a maximum of 150% of base salary, payable in shares
RSU grant of 78,269 units on June 18, 2026, equal to $6.8 million divided by the 20-day VWAP on that date
Half of the grant (39,135 RSUs) is performance-based, vesting in thirds at 20-day VWAP targets of $105, $120 and $135 per share, subject to continued employment through the second anniversary of the grant date
Severance on termination without cause, for good reason, or after certain non-renewal notice includes two years of base salary and two times target bonus shares
Agilysys reported fiscal 2026 fourth-quarter revenue up 11.7% to a record $82.9 million, with net income of $12.3 million, or $0.43 per diluted share, versus $3.9 million a year earlier. For the full year, revenue rose 15.9% to $319.3 million and net income reached $38.8 million, or $1.37 per diluted share. The company expects fiscal 2027 revenue of $365 million to $370 million and adjusted EBITDA of 24% of revenue.
Q4 fiscal 2026 revenue $82.9 million, up 11.7% from $74.3 million; subscription revenue up 24.1%
Q4 net income $12.3 million ($0.43 per diluted share) vs. $3.9 million ($0.14) a year earlier
Full-year fiscal 2026 revenue $319.3 million, up 15.9%; adjusted diluted EPS $1.79 vs. $1.55
Fiscal 2027 outlook: revenue $365 million to $370 million, subscription revenue growth of at least 30%
Agilysys reported fiscal 2026 third-quarter revenue of $80.4 million, up 15.6% from $69.6 million a year earlier, and net income of $9.9 million, or $0.35 per diluted share, versus $3.8 million, or $0.14, a year earlier. The company raised its full-year total revenue guidance to $318 million and reiterated its Adjusted EBITDA target of 20% of revenue and 29% subscription revenue growth, which means shareholders get a higher revenue outlook while profit targets are unchanged.
Q3 total net revenue rose 15.6% to $80.4 million, the 16th consecutive record revenue quarter.
Net income was $9.9 million, or $0.35 per diluted share, compared with $3.8 million, or $0.14, a year earlier.
Full-year fiscal 2026 total revenue guidance was raised to $318 million, the higher end of the previous range.
Gross margin was 62.5% versus 63.0% a year earlier, and total backlog declined slightly during the quarter per CEO Ramesh Srinivasan.
Agilysys reported fiscal 2026 second-quarter revenue of $79.3 million, up 16.1% from $68.3 million a year earlier, and net income of $11.7 million, or $0.41 per diluted share, versus $1.4 million, or $0.05, in the prior-year quarter. The company raised its full-year fiscal 2026 revenue guidance to $315 million to $318 million and its subscription revenue growth expectation to 29% from 27%, while keeping adjusted EBITDA expectations at 20% of revenue.
Total net revenue rose 16.1% to a record $79.3 million; subscription revenue grew 33.1%.
Net income was $11.7 million, or $0.41 per diluted share, compared with $1.4 million, or $0.05, a year earlier.
Full-year fiscal 2026 revenue guidance raised to $315 million to $318 million; subscription growth expectation raised to 29% from 27%.
Gross margin was 61.7%, down from 63.3%; adjusted EBITDA was $16.4 million, up from $12.2 million.
Agilysys reported record fiscal 2026 first-quarter revenue of $76.7 million, up 20.7% from a year earlier, with subscription revenue up 44.3%. The company raised its full-year subscription revenue growth guidance to 27% from 25%, while keeping total revenue guidance at $308 million to $312 million, but GAAP net income fell to $4.9 million from $14.1 million.
Total net revenue rose to $76.7 million from $63.5 million in the year-earlier quarter.
GAAP net income was $4.9 million, or $0.17 per diluted share, versus $14.1 million, or $0.50 per diluted share, a year earlier.
Adjusted diluted EPS (non-GAAP) was $0.33 versus $0.30; free cash flow (non-GAAP) was negative $5.0 million versus $0.2 million.
Full-year fiscal 2026 subscription revenue growth guidance was raised to 27% from 25%; total revenue guidance of $308 million to $312 million was unchanged.
Agilysys reported record fourth-quarter and full-year fiscal 2025 revenue, up 19.4% and 16.1% respectively, and expects fiscal 2026 revenue of $308 million to $312 million. Full-year GAAP net income fell to $23.2 million from $85.0 million a year earlier, which included a large prior-year tax benefit, while adjusted diluted EPS rose to $1.55 from $1.10.
Q4 fiscal 2025 total net revenue rose 19.4% to a record $74.3 million; Q4 diluted EPS was $0.14 versus $0.11
Full-year fiscal 2025 net income was $23.2 million, or $0.82 per diluted share, versus $3.17 per diluted share in fiscal 2024
Fiscal 2026 outlook: revenue of $308 million to $312 million and Adjusted EBITDA of 20% of revenue, excluding material revenue from the large-scale PMS rollout
Free cash flow was $52.3 million for fiscal 2025 versus $40.1 million; cash ended the year at $73.0 million versus $144.9 million
Agilysys reported fiscal 2025 third-quarter total net revenue of $69.6 million, up 14.9% from $60.6 million a year earlier, and adjusted diluted EPS of $0.38 versus $0.35. The company cut its full-year fiscal 2025 total revenue guidance to approximately $273 million, citing weaker one-time product revenue, while keeping subscription revenue growth guidance of at least 38%.
Q3 total net revenue rose 14.9% to $69.6 million; subscription and maintenance revenue rose 45.1% year over year.
GAAP net income was $3.8 million, or $0.14 per diluted share, versus $2.85 a year earlier, when results included discrete tax events.
Adjusted diluted EPS was $0.38 versus $0.35; free cash flow was $19.7 million versus $11.3 million.
Full-year fiscal 2025 total revenue guidance was revised to approximately $273 million; at least 38% subscription growth was maintained.
Agilysys increased its board from seven to eight members on December 5, 2024, and appointed Lisa Pope to fill the new seat. Pope is currently president of enterprise software company Epicor and is expected to stand for election at the 2025 annual meeting. The filing describes a board addition, not a change in financial results or company strategy.
Board size increased from seven to eight members on December 5, 2024
Pope to receive prorated standard non-employee director pay for fiscal 2025, including a $40,000 annual cash retainer and an equity retainer targeting $100,000
No committee assignments have been decided; no related party transactions reported
Agilysys reported fiscal 2025 second-quarter results on October 28, 2024, with total net revenue up 16.5% to $68.3 million. The company raised its full-year fiscal 2025 revenue guidance to $280 million to $285 million, but GAAP net income fell to $1.4 million from $4.1 million a year earlier.
Total net revenue was $68.3 million, up from $58.6 million in the prior-year quarter.
Net income attributable to common shareholders was $1.4 million, or $0.05 per diluted share, versus $4.1 million, or $0.16 per diluted share, a year earlier.
Adjusted diluted EPS (non-GAAP) was $0.34, up from $0.25; full-year Adjusted EBITDA is now expected at 18% of revenue, versus a prior 16%.
Cash paid for the Book4Time acquisition, net of cash acquired, was $144.9 million; ending cash was $54.9 million.
Agilysys acquired all equity of Book4Time, a spa management software provider, for $150 million in cash, subject to post-closing adjustments. The company funded the deal with cash on hand and a $50 million draw on a new $75 million revolving credit facility with Bank of America as agent. The filing does not report Book4Time's financial results, so shareholders cannot yet assess the deal's effect on revenue or profit from this document.
Purchase price of $150 million in cash, subject to post-closing adjustments; the filing cites an approximate nine times revenue multiple
$50 million drawn on a $75 million revolving credit facility dated August 16, 2024, with a $25 million possible increase; revolver matures in three years
Initial interest margin of 1.625% over SOFR; covenants include minimum 3.00 to 1 interest coverage and leverage below 3.50 to 1.00
Company will discuss any impact on fiscal 2025 guidance on its fiscal 2025 second quarter earnings call in October 2024
Agilysys disclosed that Don DeMarinis, Senior Vice President Sales for the Americas and EMEA, notified the company on July 23, 2024 of his intention to retire effective August 30, 2024. He will keep his current role until a successor starts, then stay on as an employee to help with the transition.
Don DeMarinis, SVP Sales, Americas and EMEA, gave notice on July 23, 2024 of his retirement.
Retirement is effective August 30, 2024.
He will serve in his role until a successor starts, then assist with the transition as an employee.
Agilysys reported fiscal 2025 first-quarter total net revenue of $63.5 million, up 13.3% from $56.1 million a year earlier, and net income of $14.1 million, or $0.50 per diluted share, versus $1.1 million, or $0.04, a year earlier. The company also issued fiscal 2025 revenue guidance of $275 million to $280 million, which shareholders can use to compare against future results.
Total net revenue rose 13.3% to $63.5 million; subscription and maintenance revenue was $38.0 million, up 32.0% year over year.
Net income was $14.1 million, or $0.50 per diluted share; the filing shows a $10.2 million tax benefit from tax events in its adjusted earnings reconciliation.
Adjusted diluted EPS was $0.30 versus $0.18 a year earlier; adjusted EBITDA was $12.1 million versus $6.3 million.
Fiscal 2025 guidance: total revenue of $275 million to $280 million and adjusted EBITDA of 16% of revenue; cash balance was $144.1 million at June 30, 2024.
Agilysys reported record fiscal fourth-quarter revenue of $62.2 million, up 17.6% from a year earlier, and record full-year revenue of $237.5 million. Q4 GAAP net income per diluted share fell to $0.11 from $0.14, while the company expects fiscal 2025 revenue of $275 million to $280 million.
Q4 total net revenue rose 17.6% to $62.2 million from $52.9 million a year earlier.
Q4 net income attributable to common shareholders was $3.0 million, or $0.11 per diluted share, versus $3.6 million, or $0.14, a year earlier.
Full-year fiscal 2024 net income was $85.0 million, or $3.17 per diluted share, versus $0.49 a year earlier; adjusted diluted EPS was $1.10 versus $0.97.
For fiscal 2025, the company expects revenue of $275 million to $280 million and Adjusted EBITDA at 16% of revenue.
Agilysys reported fiscal 2024 third-quarter results for the period ended December 31, 2023, with total net revenue up 21.3% to a record $60.6 million and adjusted EBITDA up to $11.8 million from $8.1 million a year earlier. The company raised its fiscal 2024 Adjusted EBITDA expectation to 15% of revenue and reiterated its full-year revenue guidance of $235 million to $238 million. GAAP net income of $76.9 million was boosted by a $65.1 million release of tax valuation allowances.
Total net revenue rose 21.3% to $60.6 million from $49.9 million; subscription revenue grew 29.9% year-over-year.
GAAP net income attributable to common shareholders was $76.9 million, or $2.85 per diluted share, versus $0.13 a year earlier, including a $65.1 million valuation allowance release.
Adjusted diluted EPS was $0.35 versus $0.26; adjusted EBITDA was $11.8 million versus $8.1 million.
Fiscal 2024 Adjusted EBITDA guidance raised to 15% of revenue; revenue guidance of $235 million to $238 million reiterated.
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