Filing Flows › Agilysys (AGYS) › Q1 FY27
Agilysys (AGYS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 27, 2026
Agilysys (AGYS) reported revenue of $87.7M for the first quarter fiscal 2027 (Q1 FY27), +14% from a year earlier and +6% from the quarter before. Operating margin was 11.1%, net earnings $9.0M (10.3% of revenue).
Agilysys, Q1 FY27: revenue $87.7M (+14% year over year), operating margin 11.1%, net earnings $9.0M, operating cash flow $7.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.7M | +6% | +14% |
| Gross profit | $55.7M | +4% | +18% |
| Operating profit | $9.7M | -23% | +115% |
| Net earnings | $9.0M | -27% | +84% |
| Operating cash flow | $7.8M | -78% | — |
| Free cash flow | $7.3M | — | — |
What changed
Revenue was $87.7M in Q1 FY27, up 14% year over year and up 6% from the previous quarter. Subscription and Maintenance was the largest line at 66% of revenue. Subscription and Maintenance added $9.1M year over year (up 19%), 83% of the total change.
Gross margin was 63.5%, up 1.8 points from Q1 FY26. Operating profit was $9.7M, a 11.1% margin (up 5.2 points year over year). Of the extra revenue versus Q1 FY26, 47% reached operating profit, above the 6% margin then. Operating expenses grew 7% against revenue growth of 14%. The fastest-growing cost line was Research & development (+16%). Net earnings were $9.0M, up 84% year over year. The effective tax rate was 16.8%.
Operating cash flow was $7.8M, 87% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $9.4M. After capital expenditures ($520K), free cash flow as the company reports it was $7.3M.
Questions
What was Agilysys' revenue in the first quarter fiscal 2027?
Agilysys (AGYS) reported revenue of $87.7M for the first quarter fiscal 2027 (Q1 FY27), +14% from a year earlier and +6% from the quarter before.
Was Agilysys profitable in the first quarter fiscal 2027?
Operating profit was $9.7M (11.1% of revenue) and net earnings $9.0M.
Source: Agilysys 10-Q on SEC EDGAR.