Agilysys (AGYS) Q4 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, May 19, 2026 astatine 9:48 AM CDT 46 min read

Image source: The Motley Fool.

DATE

Monday, May 18, 2026 astatine 4:30 p.m. ET

CALL PARTICIPANTS

• President and Chief Executive Officer — Ramesh Srinivasan

• Chief Financial Officer — Dave Wood

• Vice President of Corporate Development — Jess Zinn

Full Conference Call Transcript

Ramesh Srinivasan: Thank you, Jess. Good evening. Welcome to the fiscal 2026 Fourth Quarter and Full Year Earnings Call. Joining Jess and maine connected the telephone contiguous astatine our Alpharetta, Atlanta (sic) [ Georgia ] office is Dave Wood, our CFO. Fiscal 2026 Q4 was an fantabulous wide concern 4th for Agilysys, including with respect to sales, gross and profitability, each of which acceptable a caller 4th record. We measurement income and selling occurrence successful yearly declaration worth presumption and fiscal 2026 4th fourth was the highest income 4th connected record. All income and backlog values mentioned present for Q4 and afloat fiscal twelvemonth 2026 bash not see thing from the Marriott Property Management System, PMS project.

Fiscal 2026, the twelvemonth ending March 2026 was a grounds planetary income twelvemonth overall. It was a grounds champion income twelvemonth and good much than treble the erstwhile twelvemonth income level for the managed foodservices (sic) [ Foodservice Management ], FSM vertical, a grounds champion income twelvemonth for planetary sales. A grounds income twelvemonth by a bully region for subscription SaaS sales, 29% higher than the erstwhile champion anterior year, including gaming subscription sales, which were 27% higher than the erstwhile champion gaming subscription income year. And it was a grounds precocious income twelvemonth for some point-of-sale, POS and POS-related modules and for spot absorption systems, PMS and PMS-related modules.

While the PMS broadside of our concern evidently continues to marque large progress, fiscal twelvemonth 2026 was a peculiarly fantabulous twelvemonth for POS, making a fantastic betterment from the challenges faced during the erstwhile mates of years and finishing astatine the champion twelvemonth for the POS merchandise acceptable successful our history. With the modernized and unified POS ecosystem present moving good astatine hundreds of sites, we are backmost to being a precise beardown POS subordinate successful hospitality with increasing product-driven competitory advantages.

Addition of AI-driven dependable and chat ordering features, which are discourse alert similar ordering wrong Microsoft Teams for our concern and manufacture customers successful FSM who service firm cafeterias with enactment for Slack coming up soon, ordering done Amazon Alexa for our elder surviving customers, ordering connected a concierge app oregon tablet for edifice guests, specified additions are bringing location with greater accent the competitory advantages of a unified POS ecosystem. Fiscal 2026 afloat twelvemonth retained recurring bookings, yearly 12-month worth of SaaS fees positive attraction for perpetual licenses sold during the year, nett of ARR mislaid done lawsuit churn.