Agilysys Financials
This page shows Agilysys (AGYS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Agilysys is turning high gross margins into reliable cash flow while a much larger FY2025 balance sheet points to purchased growth.
FY2025's balance-sheet expansion did not come from building more physical capacity: goodwill rose to$130.6M from$32.8M . With capex only$2.8M and free cash flow still positive, the company appears to be enlarging itself through purchased assets rather than a heavier internal buildout, which also helps explain why assets and liabilities grew faster than the revenue base.
Reported earnings need context: FY2024 net margin reached
Cash generation is sturdier than accounting profit alone suggests because free cash flow margin improved to
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Agilysys's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Agilysys has an operating margin of 104.5%, meaning the company retains $104 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 8.2% the prior year.
Agilysys's revenue declined 85.1% year-over-year, from $275.6M to $41.2M. This contraction results in a growth score of 0/100.
Agilysys carries a low D/E ratio of 0.07, meaning only $0.07 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Agilysys's current ratio of 1.47 is below the typical benchmark, resulting in a score of 25/100. However, the company holds substantial cash reserves (93% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Agilysys converts 165.5% of revenue into free cash flow ($68.1M). This strong cash generation earns a score of 100/100.
Agilysys's ROE of 11.9% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 8.7% the prior year.
Agilysys scores 8.76, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.0B) relative to total liabilities ($154.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Agilysys passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Agilysys generates $1.80 in operating cash flow ($70.0M OCF vs $38.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Agilysys earns $87.3 in operating income for every $1 of interest expense ($43.0M vs $493K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Agilysys generated $41.2M in revenue in fiscal year 2026. This represents a decrease of 85.1% from the prior year.
Agilysys's EBITDA was $52.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 74.6% from the prior year.
Agilysys reported $38.8M in net income in fiscal year 2026. This represents an increase of 67.0% from the prior year.
Agilysys earned $1.37 per diluted share (EPS) in fiscal year 2026. This represents an increase of 67.1% from the prior year.
Cash & Balance Sheet
Agilysys generated $68.1M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 30.2% from the prior year.
Agilysys held $116.9M in cash against $24.0M in long-term debt as of fiscal year 2026.
Agilysys had 28M shares outstanding in fiscal year 2026. This represents an increase of 0.5% from the prior year.
Margins & Returns
Agilysys's gross margin was 40.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 21.6 percentage points from the prior year.
Agilysys's operating margin was 104.5% in fiscal year 2026, reflecting core business profitability. This is up 96.3 percentage points from the prior year.
Agilysys's net profit margin was 94.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 85.8 percentage points from the prior year.
Agilysys's ROE was 11.9% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 3.1 percentage points from the prior year.
Capital Allocation
Agilysys invested $72.7M in research and development in fiscal year 2026. This represents an increase of 16.6% from the prior year.
Agilysys invested $1.8M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 33.6% from the prior year.
AGYS Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $80.4M+1.4% | $79.3M+3.4% | $76.7M+3.2% | $74.3M+6.8% | $69.6M+1.9% | $68.3M+7.5% | $63.5M+2.1% | $62.2M |
| Cost of Revenue | $30.1M-0.6% | $30.3M+3.2% | $29.4M+0.5% | $29.2M+13.7% | $25.7M+2.6% | $25.1M+6.0% | $23.6M-1.3% | $23.9M |
| Gross Profit | $50.2M+2.6% | $49.0M+3.5% | $47.3M+5.0% | $45.1M+2.7% | $43.9M+1.5% | $43.2M+8.4% | $39.9M+4.2% | $38.3M |
| R&D Expenses | $18.9M+6.2% | $17.8M+2.1% | $17.5M+5.5% | $16.5M+10.5% | $15.0M-7.4% | $16.2M+9.9% | $14.7M+3.1% | $14.3M |
| SG&A Expenses | $10.8M+6.6% | $10.2M-5.5% | $10.8M+115.6% | -$68.8M-288.8% | $36.4M-6.8% | $39.1M+14.6% | $34.1M-1.9% | $34.8M |
| Operating Income | $11.7M-17.1% | $14.1M+212.9% | $4.5M-14.8% | $5.3M-28.4% | $7.4M+79.6% | $4.1M-28.2% | $5.7M+65.0% | $3.5M |
| Interest Expense | $30K-46.4% | $56K-74.2% | $217K-47.6% | $414K-37.0% | $657K+43.4% | $458K | $0 | $0 |
| Income Tax | $3.0M-25.4% | $4.0M+9858.5% | -$41K-102.8% | $1.4M-63.0% | $3.9M+3.5% | $3.8M+156.2% | -$6.7M-457.2% | $1.9M |
| Net Income | $9.9M-15.5% | $11.7M+139.5% | $4.9M+24.6% | $3.9M+2.5% | $3.8M+180.8% | $1.4M-90.3% | $14.1M+376.4% | $3.0M |
| EPS (Diluted) | $0.35-14.6% | $0.41+141.2% | $0.17 | N/A | $0.14+180.0% | $0.05-90.0% | $0.50 | N/A |
AGYS Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $475.2M+11.7% | $425.6M-0.1% | $426.0M-1.9% | $434.4M-2.1% | $443.9M+0.4% | $442.0M+24.3% | $355.7M+1.5% | $350.4M |
| Current Assets | $169.8M+43.9% | $118.0M+8.7% | $108.5M-12.1% | $123.5M-5.9% | $131.2M+20.7% | $108.7M-41.8% | $186.8M-1.1% | $188.9M |
| Cash & Equivalents | $81.5M+37.3% | $59.3M+6.8% | $55.6M-23.9% | $73.0M+20.2% | $60.8M+10.7% | $54.9M-61.9% | $144.1M-0.5% | $144.9M |
| Inventory | $7.8M+1.0% | $7.7M+16.5% | $6.6M+28.0% | $5.2M-18.6% | $6.4M-1.3% | $6.4M+21.6% | $5.3M+15.5% | $4.6M |
| Accounts Receivable | $63.7M+73.1% | $36.8M+5.0% | $35.1M+11.2% | $31.5M-36.0% | $49.3M+55.9% | $31.6M+15.8% | $27.3M-7.2% | $29.4M |
| Goodwill | $135.8M+1.3% | $134.1M-1.4% | $136.1M+4.2% | $130.6M+1.6% | $128.5M-5.1% | $135.4M+314.7% | $32.7M-0.4% | $32.8M |
| Total Liabilities | $162.1M+25.8% | $128.8M-9.8% | $142.8M-15.2% | $168.5M-9.9% | $187.1M+2.9% | $181.7M+79.0% | $101.5M-10.9% | $114.0M |
| Current Liabilities | $129.9M+34.3% | $96.7M-0.8% | $97.6M-12.1% | $111.0M-3.4% | $115.0M+19.9% | $95.9M+23.9% | $77.4M-13.4% | $89.4M |
| Long-Term Debt | $0 | $0-100.0% | $12.0M-50.0% | $24.0M-36.8% | $38.0M-24.0% | $50.0M | N/A | $0 |
| Total Equity | $313.1M+5.5% | $296.7M+4.8% | $283.2M+6.5% | $265.9M+3.5% | $256.8M-1.3% | $260.3M+2.4% | $254.2M+7.5% | $236.5M |
| Retained Earnings | $187.5M+5.6% | $177.6M+7.1% | $165.9M+3.0% | $161.0M+2.5% | $157.1M+2.5% | $153.2M+0.9% | $151.9M+10.2% | $137.8M |
AGYS Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $23.3M+53.1% | $15.2M+450.0% | -$4.3M-116.0% | $27.2M+33.8% | $20.3M+207.9% | $6.6M+500.2% | $1.1M-96.3% | $29.8M |
| Capital Expenditures | $574K+164.5% | $217K-65.7% | $633K-9.7% | $701K+24.7% | $562K-13.7% | $651K-25.1% | $869K+85.3% | $469K |
| Free Cash Flow | $22.7M+51.5% | $15.0M+401.2% | -$5.0M-118.8% | $26.5M+34.1% | $19.7M+232.1% | $5.9M+2493.4% | $229K-99.2% | $29.3M |
| Investing Cash Flow | -$574K-164.5% | -$217K+65.7% | -$633K+58.1% | -$1.5M-156.7% | -$589K+99.6% | -$145.6M-16654.4% | -$869K-1598.3% | $58K |
| Financing Cash Flow | -$615K+94.4% | -$11.0M+14.6% | -$12.9M+3.0% | -$13.3M+0.8% | -$13.4M-127.1% | $49.6M+5462.7% | -$925K+20.2% | -$1.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AGYS Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.5%+0.7pp | 61.8%+0.1pp | 61.7%+1.0pp | 60.7%-2.4pp | 63.0%-0.2pp | 63.3%+0.5pp | 62.8%+1.3pp | 61.5% |
| Operating Margin | 14.6%-3.3pp | 17.8%+11.9pp | 5.9%-1.2pp | 7.1%-3.5pp | 10.7%+4.6pp | 6.0%-3.0pp | 9.0%+3.4pp | 5.6% |
| Net Margin | 12.3%-2.5pp | 14.8%+8.4pp | 6.4%+1.1pp | 5.3%-0.2pp | 5.5%+3.5pp | 2.0%-20.2pp | 22.2%+17.4pp | 4.8% |
| Return on Equity | 3.2%-0.8pp | 4.0%+2.2pp | 1.7%+0.2pp | 1.5%0.0pp | 1.5%+1.0pp | 0.5%-5.0pp | 5.5%+4.3pp | 1.3% |
| Return on Assets | 2.1%-0.7pp | 2.8%+1.6pp | 1.1%+0.3pp | 0.9%+0.0pp | 0.9%+0.5pp | 0.3%-3.7pp | 4.0%+3.1pp | 0.8% |
| Current Ratio | 1.31+0.1 | 1.22+0.1 | 1.110.0 | 1.11-0.0 | 1.140.0 | 1.13-1.3 | 2.41+0.3 | 2.11 |
| Debt-to-Equity | 0.000.0 | 0.00-0.0 | 0.04-0.0 | 0.09-0.1 | 0.15-0.0 | 0.19-0.2 | 0.40+0.4 | 0.00 |
| FCF Margin | 28.3%+9.4pp | 18.9%+25.4pp | -6.5%-42.1pp | 35.6%+7.3pp | 28.4%+19.7pp | 8.7%+8.3pp | 0.4%-46.8pp | 47.1% |
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Frequently Asked Questions
What is Agilysys's annual revenue?
Agilysys (AGYS) reported $41.2M in total revenue for fiscal year 2026. This represents a -85.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Agilysys's revenue growing?
Agilysys (AGYS) revenue declined by 85.1% year-over-year, from $275.6M to $41.2M in fiscal year 2026.
Is Agilysys profitable?
Yes, Agilysys (AGYS) reported a net income of $38.8M in fiscal year 2026, with a net profit margin of 94.2%.
What is Agilysys's EBITDA?
Agilysys (AGYS) had EBITDA of $52.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Agilysys have?
As of fiscal year 2026, Agilysys (AGYS) had $116.9M in cash and equivalents against $24.0M in long-term debt.
What is Agilysys's gross margin?
Agilysys (AGYS) had a gross margin of 40.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Agilysys's operating margin?
Agilysys (AGYS) had an operating margin of 104.5% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Agilysys's net profit margin?
Agilysys (AGYS) had a net profit margin of 94.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Agilysys's return on equity (ROE)?
Agilysys (AGYS) has a return on equity of 11.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Agilysys's free cash flow?
Agilysys (AGYS) generated $68.1M in free cash flow during fiscal year 2026. This represents a 30.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Agilysys's operating cash flow?
Agilysys (AGYS) generated $70.0M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Agilysys's total assets?
Agilysys (AGYS) had $481.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Agilysys's capital expenditures?
Agilysys (AGYS) invested $1.8M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Agilysys spend on research and development?
Agilysys (AGYS) invested $72.7M in research and development during fiscal year 2026.
What is Agilysys's current ratio?
Agilysys (AGYS) had a current ratio of 1.47 as of fiscal year 2026, which is considered adequate.
What is Agilysys's debt-to-equity ratio?
Agilysys (AGYS) had a debt-to-equity ratio of 0.07 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Agilysys's return on assets (ROA)?
Agilysys (AGYS) had a return on assets of 8.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Agilysys's Altman Z-Score?
Agilysys (AGYS) has an Altman Z-Score of 8.76, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Agilysys's Piotroski F-Score?
Agilysys (AGYS) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Agilysys's earnings high quality?
Agilysys (AGYS) has an earnings quality ratio of 1.80x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Agilysys cover its interest payments?
Agilysys (AGYS) has an interest coverage ratio of 87.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Agilysys?
Agilysys (AGYS) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.