Filing Flows › Agilysys (AGYS) › Q2 FY27
Agilysys (AGYS) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Oct 26, 2026
Agilysys (AGYS) reported revenue of $93.4M for the second quarter fiscal 2027 (Q2 FY27), +18% from a year earlier and +6% from the quarter before. Operating margin was 16.3%, net earnings $13.2M (14.1% of revenue).
Agilysys, Q2 FY27: revenue $93.4M (+18% year over year), operating margin 16.3%, net earnings $13.2M, operating cash flow $15.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.4M | +6% | +18% |
| Gross profit | $60.3M | +8% | +23% |
| Operating profit | $15.2M | +57% | +8% |
| Net earnings | $13.2M | +47% | +13% |
| Operating cash flow | $15.2M | +94% | -0.3% |
| Free cash flow | $14.8M | — | -1% |
What changed
Revenue was $93.4M in Q2 FY27, up 18% year over year and up 6% from the previous quarter. Subscription and Maintenance was the largest line at 67% of revenue. Subscription and Maintenance added $11.2M year over year (up 22%), 80% of the total change.
Gross margin was 64.6%, up 2.8 points from Q2 FY26. Operating profit was $15.2M, a 16.3% margin (down 1.5 points year over year). Of the extra revenue versus Q2 FY26, 8% reached operating profit, below the 18% margin then. Operating expenses grew 29% against revenue growth of 18%. Net earnings were $13.2M, up 13% year over year. The effective tax rate was 21.3%.
Operating cash flow was $15.2M (roughly flat year over year), 115% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items used $6.6M. After capital expenditures ($356K), free cash flow as the company reports it was $14.8M.
Questions
What was Agilysys' revenue in the second quarter fiscal 2027?
Agilysys (AGYS) reported revenue of $93.4M for the second quarter fiscal 2027 (Q2 FY27), +18% from a year earlier and +6% from the quarter before.
Was Agilysys profitable in the second quarter fiscal 2027?
Operating profit was $15.2M (16.3% of revenue) and net earnings $13.2M.
Source: Agilysys 10-Q on SEC EDGAR.