Kinaxis (KXS) Q2 2026 earnings summary

Executive summary

• Achieved record Q2 and first half performance with double-digit SaaS and total revenue growth, driven by innovation, AI-enabled supply chain solutions, and customer expansion.

• Launched new Maestro platform features, including agentic AI, Orchestrator Agent, and Advanced Solver Studio, with 10% of customers on Maestro Agents.

• Recognized as a leader in supply chain planning by ISG and made key leadership appointments in marketing and finance.

• Strategic focus on innovation, operational orchestration, and scaling partner ecosystem.

Financial highlights

• Q2 total revenue reached $158.8M, up 16% year-over-year; SaaS revenue grew 20% to $106.5M.

• Adjusted EBITDA rose 23% to $41.4M, with a margin of 26%.

• Gross profit increased 19% to $104.4M; gross margin improved to 66%.

• Diluted EPS was $0.76, up 19% year-over-year; profit for the quarter was $21.2M, up 15%.

• Cash flow from operations was $30.7M, up 36%; free cash flow margin for Q2 was 18%.

Outlook and guidance

• Full-year total revenue guidance raised to $625M–$640M (14%–17% growth).

• SaaS revenue expected to grow 18%–20% to $427M–$434M.

• Adjusted EBITDA margin guidance reaffirmed at 25%–26%.

• FX headwinds expected to impact revenue by $4M–$4.5M and SaaS revenue by $2.5M–$3M for the year.