SaaS news, week of October 26, 2026

Machine summary The article reports Salesforce revenue of nearly $41.5 billion for the fiscal year ended January 31, 2026, up roughly 9.6%, with net income of about $7.5 billion and free cash flow close to $14.4 billion. It also notes that stock-based compensation made up roughly 23.4% of operating cash flow.

1. Net income for that period climbed to approximately $7.5 billion, and free cash flow reached close to $14.4 billion, the article states
2. Per the author, adding back non-cash stock-based compensation—which made up approximately 23.4% of operating cash flow—inflates reported cash generation.
3. Salesforce's debt-to-equity ratio was approximately 0.3x and its current ratio roughly 0.8x on the January 2026 balance sheet, per the report
4. According to the firm's yearly report, no individual buyer is responsible for over 10% of overall revenue.
5. The article describes IBM as a specialist in hybrid cloud and consulting and Salesforce as a cloud customer-data platform, both embedding AI into core services

Reported by fool.com and The Globe and Mail.

• Salesforce
• Stock-based compensation (SBC)

Machine summary Agilysys reported Q2 fiscal 2027 total net revenue of $93.4 million, up 17.7% year over year, with subscription revenue of $44.2 million rising 32.6% and passing 70% of total recurring revenue for the first time on the company's account. According to a Seeking Alpha report on the guidance, the company raised its fiscal 2027 revenue outlook to $374 million-$378 million with subscription growth of at least 34%.

1. Agilysys reported Q2 fiscal 2027 total net revenue of $93.4 million, up 17.7% year over year, which the company called its nineteenth straight record revenue quarter
2. Subscription revenue reached $44.2 million, growing 32.6% year over year and passing 70% of total recurring revenue for the first time, on the company's account
3. Total recurring revenue was $62.2 million, up 22% year over year and 66.6% of total net revenue; adjusted EBITDA was $24.1 million at a 25.9% margin versus 20.6% a year earlier
4. Adjusted diluted EPS was $0.67, compared with $0.40 in the second quarter of the prior fiscal year, per the transcript
5. The company raised its fiscal 2027 revenue outlook to $374 million-$378 million with subscription growth of at least 34%, according to Seeking Alpha's report on the guidance

Reported by Seeking Alpha and Motley Fool.

• Agilysys

Machine summary For the fiscal year ended March 31, 2026 it reports revenue of nearly $153.4 billion, up about 2.7%, net income of roughly $15.5 billion and free cash flow of approximately negative $7.6 billion.

1. Following a data incident disclosed in late 2025, Coupang began issuing close to $1.2 billion in customer vouchers in January 2026; the report says redemptions ran through mid-April 2026 and reduced reported revenue (Motley Fool).
2. Coupang's second quarter of 2026, reported Aug. 4, showed revenue of about $8.9 billion, up 4% in dollars and 10% in constant currency, with a net loss of $570 million after roughly $410 million in Korean administrative fines were booked (Motley Fool).
3. Coupang Product Commerce active customers rose 3% year over year to 24.7 million, and its December 2025 debt-to-equity ratio is given at about 1.0x including operating lease liabilities (Motley Fool).
4. In September 2025, the purchase of Foot Locker by DICK'S Sporting Goods was completed, and the piece says integration work continues (Motley Fool).

Reported by fool.com.

• Alibaba
• Coupang
• DICK'S Sporting Goods
• Foot Locker

Machine summary Management raised its full-year AI annual contract value target to $1.7 billion from $1.5 billion and lifted the 2026 free cash flow margin goal to 36%, citing lower capital expenditure requirements. The company also reported $13.65 billion in current remaining performance obligations, up 21% in constant currency.

1. Subscription revenue reached $3.988 billion in Q3 2026, growing 20.5% in constant currency, which ServiceNow attributed to technology and customer service workflow demand
2. ServiceNow raised its full-year AI ACV target to $1.7 billion from prior guidance of $1.5 billion, citing what it described as accelerating AI monetization
3. Management raised the full-year 2026 free cash flow margin target to 36%, citing lower capital expenditure requirements; Q3 free cash flow margin was 20%
4. Current remaining performance obligations were $13.65 billion, up 21% in constant currency and, per the company, about 100 basis points ahead of guidance
5. The company reported 19 deals above $5 million in net new ACV (up 135% year over year) and said $1 million-plus AI deals grew 4.5-fold year over year in Q3

Reported by Seeking Alpha and Motley Fool.

• ServiceNow

Machine summary During Amazon's earnings call held October 29, 2026, chief executive Andy Jassy stated that AWS operates at an annualized revenue run-rate of $184 billion, and he again voiced his goal of the unit hitting $1 trillion in yearly revenue. Jassy said AWS revenue grew 39% from the year-ago quarter and forecast 40% growth in the coming year and again in 2028, while Amazon expects roughly $220 billion of 2026 cash capex, most of it for AWS, and meaningfully more spending in 2027.

1. Andy Jassy said on Amazon's October 29, 2026 earnings call that AWS is a $184 billion annualized revenue run-rate business (TechCrunch)
2. AWS revenue increased 39% from the year-ago quarter, which TechCrunch described as steady growth for a sixth straight quarter
3. Jassy forecast AWS growth of 40% in the coming year and again in 2028
4. Amazon expects 2026 cash capex of approximately $220 billion, the majority directed at AWS, and says it expects to spend meaningfully more in 2027
5. Jassy repeated his stated ambition for AWS to become a trillion-dollar annual revenue business, saying no business has ever reached that level

Reported by Seeking Alpha and techcrunch.com.

• Amazon
• Amazon Web Services (AWS)
• Andy Jassy
• TechCrunch

Machine summary WiseTech Global said on September 29, 2026 that ATC Aviation Services is the first GSSA to connect its airline content to CargoWise AirlineConnect through a direct API. The integration is described as handling search, comparison, booking, dynamic pricing, confirmations, amendments, cancellations and status updates within the CargoWise workflow, with more airlines expected across the World Freight Company network.

1. In a company announcement dated September 29, 2026, WiseTech Global (ASX: WTC) revealed that ATC Aviation Services, a World Freight Company portfolio business, is the first GSSA to bring the air freight services of represented airlines to forwarders on CargoWise AirlineConnect.
2. At launch, CargoWise users can access capacity and services from airlines ATC Aviation represents in Germany, Switzerland and Austria, according to the announcement.
3. The direct API connection is described as letting forwarders search, compare and book ATC's services inside CargoWise, with access to capacity, schedules, service details and dynamic pricing and digital booking available 24/7.
4. According to the announcement, the integration handles booking confirmations, amendments, cancellations, and status updates.
5. According to Titus Hientzsch, who serves as group CTO at World Freight Company, the link cuts down on manual rate requests, email exchanges, and repeated data entry, while also supporting accuracy and traceability of data.

Reported by National Law Review and The National Law Review.

• The National Law Review
• WiseTech Global
• Cargowise
• General Sales and Service Agent (GSSA)
• ATC Aviation Services
• CargoWise AirlineConnect