Overview

* Kinaxis ( KXSCF ) fiscal Q2 revenue grows 15% yr/yr, beating analyst expectations

* SaaS revenue rises 17%, prompting raised guidance for fiscal 2025

* Record levels achieved for profit, EPS, and adjusted EBITDA margin

Outlook

* Kinaxis ( KXSCF ) raises 2025 SaaS growth guidance to 13-15%

* Company projects 2025 total revenue of $535-550 mln

* Kinaxis ( KXSCF ) expects 2025 adjusted EBITDA margin of 23-25%

Result Drivers

* SAAS REVENUE GROWTH - SaaS revenue rose 17%, prompting an increase in SaaS growth guidance for 2025

* NEW BUSINESS WINS - Record Q2 for new business with balanced new customer wins and expansion orders, driving ARR growth of 15%

* AI ADOPTION - Early innovator customers using new generative and agentic AI capabilities, enhancing supply chain autonomy

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $136.42 $133.70

Revenue mln mln (9

Analysts

)

Q2 Gross $87.53

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Kinaxis Inc ( KXSCF ) is C$225.00, about 8.1% above its August 5 closing price of C$206.76

* The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 38 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)