Kinaxis Q2 2026 profit rises as company cites SaaS growth, improved gross margin

Reuters2026/08/05 23:13

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Kinaxis posted Q2 2026 revenue of USD 158.78 million, up 16%, driven mainly by SaaS growth from new customers and expansions.
SaaS revenue rose 20% to USD 106.55 million; foreign exchange reduced total revenue by about USD 0.9 million.
Gross margin improved to 66% from 64%; higher utilization and realized rates lifted professional services margin despite higher public cloud costs.
Profit increased 15% to USD 21.2 million; management cited higher revenue, improved gross margins, and operating leverage despite higher headcount-driven costs.
ARR reached USD 465.6 million, up 19% year over year, reflecting continued subscription growth across the customer base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinaxis Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kinaxis Q2 2026 profit rises as company cites SaaS growth, improved gross margin

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