Agilysys is posting record hospitality-software revenue while subscription revenue keeps outgrowing the total company. The decision point is whether a services-heavy implementation engine, Book4Time and a major PMS rollout can turn demand into durable recurring revenue.
References
Sources used in this report
SEC datasetSEC company tickers exchange datasetRetrieved 2026-05-15 · Issuer identity, CIK, Nasdaq listing and current AGYS ticker cross-check.SEC APIAgilysys SEC submissions APIRetrieved 2026-05-15 · Filing chronology and latest filing status.SEC XBRL APISEC companyfacts APIRetrieved 2026-05-15 · XBRL-derived financial cross-checks.Annual reportFiscal 2025 Form 10-K2025-05-23 · Business description, one reportable segment, revenue categories, Book4Time acquisition, liquidity, competition, cybersecurity and risk factors.Earnings releaseFiscal 2025 results exhibit2025-05-19 · Fiscal 2025 revenue, recurring revenue, subscription growth, adjusted EBITDA, free cash flow, initial fiscal 2026 guidance and PMS project commentary.Quarterly reportQ3 fiscal 2026 Form 10-Q2026-01-26 · Quarterly and nine-month revenue, margins, cash, debt repayment, contract liabilities, liquidity and operating expense context.Earnings releaseQ3 fiscal 2026 results exhibit2026-01-26 · Latest operating update, subscription growth, recurring revenue mix, raised fiscal 2026 guidance, backlog commentary and PMS exclusion.Proxy statement2025 proxy statement2025-07-18 · Board, governance, ownership and executive compensation context.