Kinaxis Inc. Reports Third Quarter 2026 Financial Results

OTTAWA, Ontario--(BUSINESS WIRE)--Nov 4, 2026--

Kinaxis ® Inc. (TSX:KXS), a global leader in end-to-end supply chain planning and orchestration, today announced financial results for its third quarter 2026, ended September 30, 2026. All amounts are in U.S. dollars. All figures are prepared in accordance with IFRS Accounting Standards (IFRS) unless otherwise indicated.

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"Leading organizations with the most complex supply chains are partnering with Kinaxis to shorten the latency between accelerating change signals, decisions, actions, and learning cycles to achieve the best business outcomes. Our team delivered a strong third quarter, with 22% SaaS revenue growth and record remaining performance obligations exceeding $1 billion, driven by momentum among new and existing customers. Three consecutive quarters of outperformance underpin our confidence in raising full-year guidance for total revenue, SaaS revenue growth, and adjusted EBITDA margin,” said Razat Gaurav, Chief Executive Officer of Kinaxis. "We are executing on our vision to reimagine the future of supply chains by strengthening Maestro, all-in on AI, and broadening our offering with composable operational orchestration, while maintaining a clear focus on profitable growth and long-term value for customers and shareholders.”

Third Quarter 2026 Financial Highlights:

Financial Highlights

Annual Recurring Revenue

Annual Recurring Revenue 2 (ARR), which includes subscription amounts related to both SaaS and on-premise contracts, increased 19% year-over-year to $483.9 million at the end of the quarter. On a constant currency basis, ARR 2 increased 20% year-over-year to $486.8 million 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 September 30, 2026. Remaining performance obligations increased 21% year-over-year to $1,026.9 million.

Share Repurchases:

Customer Momentum: The Company continued to see strong adoption of Maestro and other solutions across a wide range of industries and geographies. Notable customer updates include:

Innovation:

Recognition:

Upcoming Investor Conferences:

Fiscal 2026 Financial Outlook:

Based on information available as of November 4, 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 $3.5 million to $4.0 million. We expect FX to have a negative impact on SaaS revenue by approximately $2.0 million to $2.5 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 27.9 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 September 30, 2026, are available on Kinaxis’ website and on SEDAR+ at www.sedarplus.ca.

Conference Call Details:

Kinaxis will host a conference call tomorrow, November 5, 2026, to discuss third 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, Kinaxis 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’ strategies, plans and objectives, growth opportunities and the anticipated functionality, capabilities, performance and benefits of, and markets and demand for, Kinaxis’ products, services and technologies, including its AI-related offerings and capabilities. 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,the development, release and customer adoption of new and enhanced products and capabilities, and the pace of change in AI technologies.

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.

 

Kinaxis Q3 2026 Highlights

WASHINGTON (AP) — JD Vance publicly broke from President Donald Trump 's defense of the Iran war Wednesday after the Republican Party's deep losses in the midterm elections, attempting to distance himself from voters' clear rebuke of the president as the vice president faces questions about his own political ambitions.

Vance, who has said he would decide after the election whether to run for president in 2028, issued a lengthy social media post blaming the unpopular conflict with Iran for the GOP's drubbing. Vance said, "If you’d like to argue it was worth it, that losing the Senate for the next 6 years was worth it, then do so.”

But arguing that the war was worth it is what Trump repeatedly did on the campaign trail, continued to do in interviews as election results came in and did again Wednesday morning. As he led reporters on an impromptu visit to the ballroom he's constructing at the White House, Trump said, “The Iran thing, we had to do and we continue to do it."

Trump said he spoke to Vance on Wednesday morning and, when asked about the vice president's post, he called it “good” and said, “I know how he feels about it," and “I think it was fine."

The president also said he “knew the war was going to impact” the midterm elections but again defended his actions.

Vance, who had long advocated for restraint in U.S. military intervention overseas, was lukewarm in his defense of the conflict after Trump launched it and even became the face of an unsuccessful attempt to end the fighting.

Democrats showed they intend to make Vance own the war.

“If Vance has felt this way all along, why didn’t he speak out forcefully?” Democratic National Committee spokeswoman Rosemary Boeglin said in a statement. “Why didn’t he resign? And most importantly, why didn’t he stand up for Americans?"

The vice president, she said, "will always do what’s most politically convenient for him in the moment — even if it means throwing Americans under the bus. Vance owns this administration’s failures.”

Democrats swept control of both the House and the Senate on Tuesday, defeating GOP candidates even in deep-red areas that Trump carried by wide margins two years ago.

“There’s no doubt this is a repudiation of the last two years," said Marc Short, who was chief of staff to former Vice President Mike Pence and worked in Trump’s White House in his first term.

He said Vance will still have a big microphone as the sitting vice president, and the election results don't mean he won't be the GOP's nominee for president in two years.

But, Short said, “It certainly doesn’t help his case, that’s for sure. I would argue it does hurt.”

When Pence was in the role, he intentionally tried not to distance himself from Trump and shared his opinions privately, Short said. But Vance’s post Wednesday seemed to be “an intentional separation” from the president despite being inherently linked to him.

“You made that bargain when you agreed to be vice president," he said.

Vance, in his post, said that Republican voters cast their ballots for Democrats because of the war, the cost of living, America not being prioritized and the U.S. relationship with Israel — a dynamic where he’s also sounded a different note than Trump.

“The real reason we lost is obvious to almost everyone," he wrote.

Unlike the president, Vance declined to endorseIsraeli Prime Minister Benjamin Netanyahu for reelection and this summer publicly chastised members of Israel’s government for opposing Trump’s efforts to resolve the war with Iran.

Vance, who has been a staunch defender of the administration’s immigration policies, also appeared to be seeking some distance from the immigration crackdown that drew a backlash.

“I’m open to the idea that we should change enforcement — by focusing more on businesses that hire illegal labor, for instance,” he wrote.

But he said he rejected any politicians who might propose amnesty for people living in the country illegally.

About 6 in 10 voters said the U.S. made the “wrong decision” in taking military action against Iran, according to The AP Voter Poll, a survey of more than 100,000 voters in the United States. Most of those voters dissatisfied with the Iran war backed the Democratic candidate in their U.S. House race, but the survey suggested the Iran war was not the leading issue for most voters.

Only about one-third of voters said the war in Iran was “crucial” to their vote for Congress, well below the roughly half who said that about the cost of living or government corruption.

Nearly all voters who backed the Democratic candidate in their U.S. House race said going to war with Iran was the “wrong decision,” while roughly 8 in 10 voters who backed the Republican candidate said it was the “right decision.”

A former Marine who served in Iraq, Vance had been critical of that conflict and said after becoming vice president that a Trump administration would not send troops into the “open-ended conflicts” of the past.

After Trump launched the war with Iran this past spring, Vance was noticeably quiet in speaking about it, a conspicuous change for a politician known for being a pugnacious defender of the president.

This summer, he tried to argue the conflict was worth it, telling conservative podcast host Megyn Kelly in an interview that, “If we transformed the Middle East, this is fundamentally worth it."

Associated Press Writer Linley Sanders in Washington contributed to this report.

Vice President JD Vance speaks at a campaign rally at Eugene F. Kranz Toledo Express Airport, Monday, Nov. 2, 2026 in Swanton, Ohio. (Tom Brenner/Pool via AP)

Vice President JD Vance arrive at a campaign rally at Eugene F. Kranz Toledo Express Airport, Monday, Nov. 2, 2026 in Swanton, Ohio. (Tom Brenner/Pool via AP)

Vice President JD Vance speaks during for a campaign rally at Griffiss International Airport, Monday, Nov. 2, 2026 in Rome, N.Y. (Tom Brenner/Pool Photo via AP)