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Kinaxis Inc. Reports Second Quarter 2026 Financial Results
OTTAWA, Ontario, August 05, 2026--Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain planning and orchestration, today announced financial results for its second quarter 2026, ended June 30, 2026. All amounts are in U.S. dollars. All figures are prepared in accordance with IFRS Accounting Standards (IFRS) unless otherwise indicated.
About this update from Kinaxis, Inc.
OTTAWA, Ontario, August 05, 2026 --( BUSINESS WIRE )-- Kinaxis ® Inc. (TSX:KXS), a global leader in end-to-end supply chain planning and orchestration, today announced financial results for its second quarter 2026, ended June 30, 2026. All amounts are in U.S. dollars. All figures are prepared in accordance with IFRS Accounting Standards (IFRS) unless otherwise indicated. "We delivered a strong second quarter, fueled by continued execution and customer momentum from both new and existing customers, as many of the world's largest enterprises turn to Kinaxis to manage growing demand, volatility, uncertainty, and complexity," said Razat Gaurav, Chief Executive Officer at Kinaxis. "Our performance builds on the strongest first half in Kinaxis' history and gives us the confidence to raise our full-year guidance for total revenue and SaaS revenue growth. At the same time, we're accelerating innovation in Maestro, building a composable agentic AI platform that helps customers connect data, decisions, and actions to deliver unprecedented business outcomes with operational orchestration." Second Quarter 2026 Financial Highlights: Financial Highlights Annual Recurring Revenue Annual Recurring Revenue2 (ARR), which includes subscription amounts related to both SaaS and on-premise contracts, increased 19% year-over-year to $465.6 million at the end of the quarter. ARR2 grew 21% year-over-year on a constant currency basis, excluding a negative impact of approximately $1.0 million from FX at the end of the quarter. Remaining Performance Obligations The nature of the company's long-term contracts provides visibility into future, contracted revenue. The following table presents revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at June 30, 2026. Remaining performance obligations increased 18% year-over-year to $983.5 million. Share Repurchases: Innovation: Recognition: Leadership Update: Upcoming Investor Conferences: Fiscal 2026 Financial Outlook: Based on information available as of August 5, 2026, financial guidance for fiscal 2026 is as follows: In addition to the above guidance, the Company is also providing fiscal 2026 FX estimates for modeling purposes. We expect FX to have a negative impact on total revenue by approximately $4.0 million to $4.5 million. We expect FX to have a negative impact on SaaS revenue by approximately $2.5 million to $3.0 million. In addition to the above guidance, the Company is also providing fiscal 2026 weighted-average number of basic and diluted share estimates for modeling purposes. We expect basic weighted-average shares outstanding to be approximately 27.3 million shares and diluted weighted-average shares outstanding to be approximately 27.7 million shares. These share count forecasts do not include the impact of any share repurchases the Company may pursue in the future. Guidance in this press release is provided to enhance visibility into Kinaxis' expectations for financial targets for the periods indicated. Please refer to the section regarding forward-looking statements that forms an integral part of this release. This press release along with the financial statements and MD&A for the quarter ended June 30, 2026, are available on Kinaxis' website and on SEDAR+ at www.sedarplus.ca . Conference Call Details: Kinaxis will host a conference call tomorrow, August 6, 2026, to discuss second quarter 2026 financial results and financial outlook for fiscal 2026 at 8:30 a.m. Eastern Time. A live webcast of the conference call will be available on the Investor Relations section of Kinaxis's website at investors.kinaxis.com where presentation materials will also be posted prior to the conference call. A replay will be available online approximately two hours following the live call for a period of 30 days. About Kinaxis Inc. Kinaxis is a global leader in modern supply chain planning and orchestration, powering complex global supply chains and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro™, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today's volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn . Non-IFRS Measures This press release makes reference to Adjusted Profit and Adjusted EBITDA, which are non-IFRS financial measures, as well as Adjusted EBITDA margin which expresses Adjusted EBITDA as a percentage of revenue. Adjusted Profit, Adjusted EBITDA and Adjusted EBITDA margin are not recognized, defined or standardized measures under IFRS. We use these measures to provide investors with supplemental information on our operating performance and to highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Providing these non-IFRS measures provides useful information because they portray the financial results of the Company before certain expenses that do not impact the ongoing operating decisions taken by management. Management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess our ability to meet our capital expenditure and working capital requirements, and to determine components of employee compensation. Adjusted Profit represents profit adjusted to exclude our equity compensation plans. Adjusted EBITDA represents profit adjusted to exclude our equity compensation plans, income tax expense, depreciation and amortization, foreign exchange loss (gain) and net finance (income) expense. Adjusted EBITDA margin expresses Adjusted EBITDA as a percentage of revenue. Our definitions of Adjusted Profit, Adjusted EBITDA and Adjusted EBITDA margin will likely differ from those used by other companies (including our peers) and therefore comparability may be limited. Non-IFRS measures should not be considered a substitute for or in isolation from measures prepared in accordance with IFRS. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on non-IFRS measures and view them in conjunction with the most comparable IFRS financial measures. Kinaxis has reconciled Adjusted Profit and Adjusted EBITDA to the most comparable IFRS financial measure as follows: Forward-Looking Statements Certain statements in this release constitute forward-looking statements, future-oriented financial information and financial outlook within the meaning of applicable securities laws. Forward-looking statements, future-oriented financial information and financial outlook include statements as to our expectations for: This release also includes forward-looking statements as to Kinaxis' growth opportunities and the potential benefits of, and markets and demand for, Kinaxis' products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. In particular, our guidance for 2026 annual total revenue, annual SaaS revenue growth and annual Adjusted EBITDA margin, as well as our comments on our expectations for SaaS growth and increased profitability in years beyond 2026, are subject to certain assumptions and associated risks including: Our guidance and commentary for achievement of contracted revenue in future periods, including in 2026, 2027 and 2028 and later, is based on assumptions and associated risks including: These and other assumptions, risks and uncertainties may cause Kinaxis' actual results, performance, achievements and developments to differ materially from the results, performance, achievements or developments expressed or implied by forward-looking statements, future-oriented financial information or financial outlook. Material risks and uncertainties relating to our business are described under the headings "Forward-Looking Statements" and "Risks and Uncertainties" in our annual MD&A dated March 4, 2026, and under the heading "Risk Factors" in our Annual Information Form dated March 4, 2026, which are available at www.sedarplus.ca . Readers are cautioned that the assumptions used in the preparation of forward-looking statements, future-oriented financial information and financial outlook, although considered reasonable at the time of preparation, may prove to be imprecise or inaccurate and, as such, undue reliance should not be placed on such information. Our actual results, performance and achievements could differ materially from those expressed in, or implied by, such forward-looking statements, future-oriented financial information or financial outlook. Forward-looking statements, future-oriented financial information and financial outlook are provided to help readers understand management's expectations as at the date of this release and may not be suitable for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements. Kinaxis assumes no obligation to update or revise any forward-looking statements, future-oriented financial information or financial outlook whether as a result of new information, future events or otherwise, except as expressly required by law. SOURCE: Kinaxis Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20260805867364/en/ Contacts Investor Relations Victoria Hyde-Dunn | Kinaxis [email protected] Media Relations Matt Tatham | Kinaxis [email protected]