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Tecsys (TCS) investor relations material
Tecsys Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
SaaS revenue grew 22% year-over-year in Q2 FY26, driving record total revenue and a 71% increase in adjusted EBITDA, with SaaS now representing a majority of total revenue.
Elite healthcare solution and pharmacy markets remain core business drivers, with a 60% year-over-year increase in the healthcare SaaS pipeline and strong expansion in hospital networks.
Elite platform is now available on AWS Marketplace, enhancing cloud strategy and customer reach.
New customer wins included a marquee healthcare and life sciences brand and a significant migration in Europe.
Expanded global reach with over 1,000 customers and significant U.S. market presence.
Financial highlights
Q2 FY26 SaaS revenue was $19.7 million (CAD 19.7 million), up 22% year-over-year; SaaS ARR reached $81.1 million, up 16%; SaaS RPO was $240.4 million, up 18%.
Q2 FY26 total revenue was $48.6 million, up 15% year-over-year; adjusted EBITDA was $5.0 million, up 71%; net profit was $1.8 million, up from $0.8 million; EPS was $0.12, up from $0.05.
Professional services revenue hit a record $17 million, up 20% year-over-year; backlog up 14% year-over-year but down 10% sequentially.
Gross margin improved to 52% (52.2%), up 400 basis points from last year.
Cash and short-term investments stood at $18.6 million (CAD 30.5 million) with no debt; $2.8 million used for share buybacks and $2.5 million paid in dividends.
Outlook and guidance
Full-year fiscal 2026 guidance maintained: SaaS revenue growth of 20%-22%, total revenue growth of 8%-10%, and adjusted EBITDA margin of 8%-9%.
Pipeline remains robust despite elongated decision cycles and macroeconomic headwinds; Elite SaaS product margins running over 75% on latest infrastructure.
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