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Agilysys (AGYS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jan 26, 2026
Agilysys (AGYS) reported revenue of $80.4M for the third quarter fiscal 2026 (Q3 FY26), +16% from a year earlier and +1% from the quarter before. Operating margin was 14.6%, net earnings $9.9M (12.3% of revenue).
Agilysys, Q3 FY26: revenue $80.4M (+16% year over year), operating margin 14.6%, net earnings $9.9M, operating cash flow $23.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.4M | +1% | +16% |
| Gross profit | $50.2M | +3% | +15% |
| Operating profit | $11.7M | -17% | +58% |
| Net earnings | $9.9M | -15% | +158% |
| Operating cash flow | $23.3M | +53% | +15% |
| Free cash flow | $22.7M | — | +15% |
What changed
Revenue was $80.4M in Q3 FY26, up 16% year over year and up 1% from the previous quarter. Subscription and Maintenance was the largest line at 65% of revenue. Subscription and Maintenance added $7.6M year over year (up 17%), 70% of the total change.
Gross margin was 62.5%, down 0.5 points from a year earlier. Operating profit was $11.7M, a 14.6% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 11% margin then. Operating expenses grew 6% against revenue growth of 16%. Net earnings were $9.9M, up 158% year over year. The effective tax rate was 23.2%.
Operating cash flow was $23.3M (up 15% year over year), 235% of net earnings. Non-cash charges added back $2.4M of depreciation and amortization and $5.8M of share-based compensation. Working capital and other items added $5.2M. After capital expenditures ($574K), free cash flow as the company reports it was $22.7M.
Questions
What was Agilysys' revenue in the third quarter fiscal 2026?
Agilysys (AGYS) reported revenue of $80.4M for the third quarter fiscal 2026 (Q3 FY26), +16% from a year earlier and +1% from the quarter before.
Was Agilysys profitable in the third quarter fiscal 2026?
Operating profit was $11.7M (14.6% of revenue) and net earnings $9.9M.
Source: Agilysys 10-Q on SEC EDGAR.