AGYS

MKT CAP:$2B

Agilysys, Inc.

Market Cap

$2B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Technology·Software App·🇺🇸·NASDAQ

Stock Price

$63.09-$52.42 (-45.38%)

Apr 23, 2026

Company Details

Agilysys, Inc., together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers point of sale, ...

CEO

Ramesh Srinivasan

IPO Date

Mar 17, 1980

Website

www.agilysys.com

Key Metrics TTM

Revenue

$311M

+17.9% YoY

Net Income

$30M

EPS (Diluted)

$1.07

Free Cash Flow

$59M

Revenue / Share

$10.92

Gross Margin

60.9%

Operating Margin

10.6%

Net Margin

9.8%

FCF Margin

19.1%

P/S

6.0x

P/E

61.7x

Earnings Reports

Q3 2025

Jan 26, 2026

$80M+15.6%EPS $0.35

Q2 2025

Oct 27, 2025

$79M+16.1%EPS $0.41

Q1 2025

Jul 24, 2025

$77M+20.7%EPS $0.17

FY 2024

May 22, 2025

$276M+16.1%EPS $0.82

Q4 2024

May 22, 2025

$74M+19.4%EPS $0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$47M	$28M	$2M
Q1 22	$48M	$28M	$3M
Q2 22	$48M	$29M	$3M
Q3 22	$50M	$31M	$3M
Q4 22	$53M	$32M	$3M
Q1 23	$56M	$33M	$958.0K
Q2 23	$59M	$35M	$4M
Q3 23	$61M	$38M	$8M
Q4 23	$62M	$38M	$3M
Q1 24	$64M	$40M	$6M
Q2 24	$68M	$43M	$4M
Q3 24	$70M	$44M	$7M
Q4 24	$74M	$45M	$5M
Q1 25	$77M	$47M	$5M
Q2 25	$79M	$49M	$14M
Q3 25	$80M	$48M	$9M

Valuation

Quarter	P/S	P/E
Q4 21	11.5x	289.9x
Q1 22	11.0x	248.9x
Q2 22	10.4x	185.2x
Q3 22	9.8x	150.4x
Q4 22	9.5x	128.8x
Q1 23	9.1x	143.5x
Q2 23	8.6x	133.6x
Q3 23	8.2x	21.5x
Q4 23	7.9x	21.8x
Q1 24	7.7x	19.0x
Q2 24	7.4x	19.6x
Q3 24	7.1x	84.4x
Q4 24	6.8x	80.9x
Q1 25	6.5x	134.1x
Q2 25	6.3x	77.1x
Q3 25	6.0x	61.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$7M	$7M
Q1 22	$101.0K	$3.0K
Q2 22	$3M	$2M
Q3 22	$15M	$12M
Q4 22	$17M	$13M
Q1 23	$22.0K	-$3M
Q2 23	$5M	$3M
Q3 23	$13M	$11M
Q4 23	$30M	$29M
Q1 24	$1M	$229.0K
Q2 24	$7M	$6M
Q3 24	$20M	$20M
Q4 24	$27M	$26M
Q1 25	-$4M	-$5M
Q2 25	$15M	$15M
Q3 25	$23M	$23M

Capital Expenditures

Quarter	CapEx
Q4 21	$119.0K
Q1 22	$98.0K
Q2 22	$699.0K
Q3 22	$3M
Q4 22	$4M
Q1 23	$3M
Q2 23	$3M
Q3 23	$2M
Q4 23	$469.0K
Q1 24	$869.0K
Q2 24	$651.0K
Q3 24	$562.0K
Q4 24	$701.0K
Q1 25	$633.0K
Q2 25	$217.0K
Q3 25	$574.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+28.1%	-26.3%
Q1 22	+22.7%	+21.2%
Q2 22	+26.0%	+21.9%
Q3 22	+26.5%	+22.7%
Q4 22	+13.6%	+9.9%
Q1 23	+18.0%	+23.9%
Q2 23	+22.8%	+22.8%
Q3 23	+21.3%	+13.7%
Q4 23	+17.6%	+18.8%
Q1 24	+13.3%	+4.8%
Q2 24	+16.5%	+16.5%
Q3 24	+14.9%	+17.7%
Q4 24	+19.4%	+17.4%
Q1 25	+20.7%	+24.9%
Q2 25	+16.1%	+1.6%
Q3 25	+15.6%	+15.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$4M	8.0%
Q1 22	$2M	5.2%
Q2 22	$3M	7.2%
Q3 22	$3M	6.9%
Q4 22	$4M	6.7%
Q1 23	$3M	5.6%
Q2 23	$3M	4.6%
Q3 23	$4M	6.0%
Q4 23	$5M	7.4%
Q1 24	$4M	7.0%
Q2 24	$4M	5.9%
Q3 24	$4M	6.1%
Q4 24	$5M	6.9%
Q1 25	$5M	6.6%
Q2 25	$5M	6.3%
Q3 25	$6M	7.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 21	$12M	$7M	$4M
Q1 22	$12M	$7M	$5M
Q2 22	$13M	$8M	$5M
Q3 22	$12M	$8M	$6M
Q4 22	$14M	$8M	$6M
Q1 23	$13M	$9M	$7M
Q2 23	$15M	$9M	$6M
Q3 23	$15M	$9M	$6M
Q4 23	$14M	$9M	$9M
Q1 24	$15M	$10M	$7M
Q2 24	$16M	$10M	$9M
Q3 24	$15M	$10M	$9M
Q4 24	$17M	$11M	$8M
Q1 25	$17M	$11M	$12M
Q2 25	$18M	$10M	$10M
Q3 25	$19M	$11M	$9M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 21	28.1%	6.3%	34.4
Q1 22	22.7%	9.2%	31.9
Q2 22	26.0%	9.1%	35.0
Q3 22	26.5%	8.9%	35.4
Q4 22	13.6%	9.7%	23.4
Q1 23	18.0%	4.1%	22.1
Q2 23	22.8%	10.9%	33.7
Q3 23	21.3%	17.1%	38.4
Q4 23	17.6%	15.3%	32.9
Q1 24	13.3%	12.0%	25.3
Q2 24	16.5%	10.9%	27.4
Q3 24	14.9%	15.8%	30.7
Q4 24	19.4%	11.1%	30.5
Q1 25	20.7%	9.7%	30.5
Q2 25	16.1%	22.9%	39.0
Q3 25	15.6%	19.3%	34.9

Rule of 40

Revenue Segments

Quarter	Product	Professional Services	Support Maintenance And Subscription Services	Support Maintenance Subscription Services And Professional Services
Q4 21	$12M	$8M	$27M	—
Q2 22	$11M	—	—	$37M
Q3 22	$11M	—	—	$39M
Q1 23	$13M	—	—	$43M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$97M	$0	$97M
Q1 22	$95M	$0	$95M
Q2 22	$96M	$0	$96M
Q3 22	$106M	$0	$106M
Q4 22	$113M	$0	$113M
Q1 23	$107M	$0	$107M
Q2 23	$107M	$0	$107M
Q3 23	$116M	$0	$116M
Q4 23	$145M	$0	$145M
Q1 24	$144M	$0	$144M
Q2 24	$55M	$0	$55M
Q3 24	$61M	$0	$61M
Q4 24	$73M	$0	$73M
Q1 25	$56M	$0	$56M
Q2 25	$59M	$0	$59M
Q3 25	$81M	$0	$81M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	25M	-0.3%	+7.4%
Q1 22	25M	+0.2%	+0.8%
Q2 22	26M	+1.6%	+1.5%
Q3 22	26M	+1.1%	+2.7%
Q4 22	26M	+0.7%	+3.7%
Q1 23	26M	-0.3%	+3.2%
Q2 23	26M	-0.2%	+1.3%
Q3 23	27M	+3.3%	+3.5%
Q4 23	28M	+3.9%	+6.7%
Q1 24	28M	+0.4%	+7.4%
Q2 24	28M	+0.5%	+8.2%
Q3 24	28M	+0.2%	+4.9%
Q4 24	28M	-0.1%	+0.9%
Q1 25	28M	+0.0%	+0.6%
Q2 25	28M	+0.4%	+0.5%
Q3 25	28M	+0.1%	+0.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$33.3K	1K
Q1 22	$33.9K	1K
Q2 22	$34.1K	1K
Q3 22	$35.7K	1K
Q4 22	$33.1K	2K
Q1 23	$35.0K	2K
Q2 23	$36.6K	2K
Q3 23	$37.9K	2K
Q4 23	$32.7K	2K
Q1 24	$33.4K	2K
Q2 24	$35.9K	2K
Q3 24	$36.6K	2K
Q4 24	$33.8K	2K
Q1 25	$34.9K	2K
Q2 25	$36.0K	2K
Q3 25	$36.5K	2K

Revenue / Employee