Agilysys grows 16% on AI-powered products, adds new cybersecurity and regulatory risks

Filed May 21, 2026 · Period ending March 31, 2026 · Compared to 10-K May 23, 2025 · ~1 min read

Key Changes

• high

  Revenue grew 15.9% to $319.3M; operating income doubled to $43.0M (13.5% margin vs 8.2% prior year); subscription revenue up 30.2% including $21.3M from Book4Time acquisition.

  MD&A: Financial Results verify on EDGAR →
• high

  Company added seven new AI-specific risk factors covering model reliability, regulatory compliance (EU AI Act, fragmented U.S. state laws), competitive disruption, pricing pressure, and cybersecurity vulnerabilities including prompt injection and data poisoning attacks.

  Risk Factors: AI verify on EDGAR →
• high

  Launched AI-powered IG PanOptic kiosk with proprietary computer vision and Book4Time spa management platform; repositioned platform narrative from marketing-heavy 'Return on Experience' to technical focus on AI, machine learning, and data-driven decision-making.

  Business: Product Portfolio verify on EDGAR →