AGILYSYS INC

CIK: 787493 Annual ReportsLatest: 2026-05-21
Revenue: $319,312,000Net Income: $38,791,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / May 21, 2026

Revenue:$319,312,000
Income:$38,791,000

10-K / May 23, 2025

Revenue:$275,600,000
Income:$23,225,000

10-K / May 22, 2024

Revenue:$237,464,000
Income:$86,195,000

10-K / May 21, 2026

Agilysys, Inc.

Overview

  • Focus: Software and services for the hospitality industry, offering cloud-native SaaS and on-premise solutions.
  • Solutions: Point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications covering the guest journey.
  • Markets served: Hotels, multi-amenity resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare facilities.
  • Geographic reach: Americas, Europe, the Middle East, Africa, Asia-Pacific, and India.
  • Headquarters: 3655 Brookside Parkway, Suite 300, Alpharetta, Georgia, 30022.
  • Segment structure: Single reportable segment serving the global hospitality industry.

Business model and platform

  • End-to-end hospitality technology platform that integrates core operational systems (PMS, POS, inventory/procurement) on a shared data foundation.
  • Modular and scalable: Supports digital access, mobility, self-service, personalized offers, payments, service workflows, and analytics; designed to grow without unnecessary complexity.
  • Deployment options: Cloud-native and traditional on-premise solutions with revenue from subscriptions, maintenance, and professional services.
  • Analytics and automation: Uses analytics, machine learning, and automation to optimize pricing, inventory, labor, and guest experiences to increase satisfaction, loyalty, wallet share, and margins.

Revenue (year ended March 31)

  • Total revenue:
    • 2026: $319.312 million
    • 2025: $275.624 million
    • 2024: $237.464 million
  • Products:
    • 2026: $41.168 million
    • 2025: $41.324 million
    • 2024: $49.083 million
  • Subscription and maintenance:
    • 2026: $205.941 million
    • 2025: $170.051 million
    • 2024: $138.069 million
  • Professional services:
    • 2026: $72.203 million
    • 2025: $64.249 million
    • 2024: $50.312 million

Product and solutions portfolio

  • Hospitality & Leisure (H&L) ecosystem:
    • Core PMS options: LMS, Versa, Stay (cloud-native SaaS) and related modules including Spa, Golf, Sales & Catering, and Residence Management.
    • Guest experience and operations: Booking engine, self-service check-in/out, loyalty, digital marketing, digital guest engagement, and integrations across Agilysys products.
    • Key modules: Book, Express Kiosk/Express Mobile, Book4Time (spa), Spa, Golf, Sales & Catering, Service, Reserve, Central Reservations, Loyalty & Promotions, Membership, Residence Management, Guest App.
  • Food & Beverage (F&B) ecosystem:
    • Core POS and back-office: InfoGenesis POS; IG Kiosk; IG KDS; IG OnDemand; IG Fly; IG Quick Pay; IG Smart Menu; IG Digital Menu Board; IG PanOptic; Agilysys Pay and Pay Complete; eCash; Gift Card; Analyze.
    • Omni-channel guest experiences: Self-service ordering, contactless menus, mobile/tablet ordering, and integrated payments.
  • Inventory & procurement ecosystem:
    • Eatec: Purchasing, recipe management, forecasting, production, and sales analysis with catering and nutrition modules.
    • Eatec Mobile: Mobile access with offline capabilities.
    • Stratton Warren System (SWS) and SWS Direct: Procurement workflows, e-commerce, bidding, and supplier tools.
  • Representative clients and deployments span casinos, hotels, resorts, cruise lines, and large hospitality operators.

Customer and market context

  • Customer base: Fragmented mix of large, medium, and boutique hospitality providers, including owned, franchised, and corporate divisions.
  • Global footprint: Operations and customers across the Americas, Europe, the Middle East, Africa, Asia-Pacific, and India.
  • Total addressable market (TAM): Approximately $16 billion in annual recurring revenue.

Backlog and revenue recognition

  • Backlog reflects orders confirmed for products to be shipped and for certain professional and software subscription/maintenance services. Customer contracts may allow cancellations; non-cancelable orders are treated as remaining performance obligations as determined under applicable accounting guidance.

Corporate history (selected highlights)

  • Organized in 1963 as Pioneer-Standard Electronics, Inc. (Ohio).
  • Renamed Agilysys, Inc. after exiting the former business in fiscal 2003 and acquiring hospitality-focused units.
  • Key acquisitions: Inter-American Data (2004), InfoGenesis, Visual One Systems, Eatec (2008).
  • Strategic changes: Sold IT solutions business (2012); sold retail solutions (2014); opened a software development center in Chennai, India (2018); converted to a Delaware corporation (February 2022).