EGAN 8-K

EGAIN Corp (EGAN)

8-K 2026-09-03 For: 2026-09-03

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Added on September 04, 2026

Title of each class	Trading Symbol(s)	Name of exchange on which registered
Common Stock, par value $0.001 per share	EGAN	The Nasdaq Stock Market LLC

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Delaware	001-35314	77-0466366

(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation)	File Number)	Identification No.)


EXHIBIT NO.		DESCRIPTION

99.1		Press release, dated September 3, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).


Date: September 3, 2026		eGain Corporation

	By:	/s/ Eric N. Smit
		Eric N. Smit Chief Financial Officer (Duly Authorized Officer and Principal Financial and Accounting Officer)


	June 30,		June 30,
	2026		2025
ASSETS
Current assets:
Cash and cash equivalents	$	73,336	$	62,909
Restricted cash		8		8
Accounts receivable, less provision for credit losses of $28 and $7 as of June 30, 2026 and 2025, respectively		24,391		32,775
Costs capitalized to obtain revenue contracts, net		776		1,148
Prepaid expenses		2,811		2,841
Other current assets		669		886
Total current assets		101,991		100,567
Property and equipment, net		872		670
Operating lease right-of-use assets		2,516		3,530
Costs capitalized to obtain revenue contracts, net of current portion		1,200		1,460
Goodwill		13,186		13,186
Other assets, net		28,230		28,592
Total assets	$	147,995	$	148,005


LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	2,486	$	2,596
Accrued compensation		4,610		6,749
Accrued liabilities		4,267		2,821
Operating lease liabilities		1,246		1,220
Deferred revenue		46,478		48,765
Total current liabilities		59,087		62,151
Deferred revenue, net of current portion		2,062		1,766
Operating lease liabilities, net of current portion		1,532		2,449
Other long-term liabilities		1,101		908
Total liabilities		63,782		67,274
Stockholders’ equity:
Common stock, $0.001 par value per share – authorized: 60,000 shares; issued: 33,933 and 33,237 shares; outstanding: 26,172 and 27,083 shares as of June 30, 2026 and 2025, respectively.		34		33
Additional paid-in capital		418,710		411,253
Treasury stock, at cost: 7,761 and 6,154 common shares as of June 30, 2026 and 2025, respectively.		(50,322)		(38,812)
Accumulated other comprehensive loss		(1,678)		(336)
Accumulated deficit		(282,531)		(291,407)
Total stockholders’ equity		84,213		80,731
Total liabilities and stockholders’ equity	$	147,995	$	148,005


	Three Months Ended				Year Ended
	June 30,				June 30,
	2026		2025		2026		2025
Revenue:
SaaS	$	20,670	$	21,691	$	85,286	$	81,921
Professional services		1,480		1,543		5,850		6,510
Total revenue		22,150		23,234		91,136		88,431
Cost of revenue:
Cost of SaaS		4,591		4,233		17,732		17,975
Cost of professional services		1,698		2,121		6,554		8,448
Total cost of revenue		6,289		6,354		24,286		26,423
Gross profit		15,861		16,880		66,850		62,008
Operating expenses:
Research and development		7,291		6,961		29,449		29,604
Sales and marketing		5,629		4,641		19,476		19,356
General and administrative		1,863		2,031		9,960		8,615
Total operating expenses		14,783		13,633		58,885		57,575
Income from operations		1,078		3,247		7,965		4,433
Interest income, net		561		440		2,250		2,469
Other income (expense), net		(18)		(390)		581		(1,265)
Income before income tax (provision) benefit		1,621		3,297		10,796		5,637
Income tax (provision) benefit		(317)		27,568		(1,920)		26,617
Net income	$	1,304	$	30,865	$	8,876	$	32,254

Per share information:
Earnings per share:
Basic	$	0.05	$	1.13	$	0.33	$	1.15
Diluted	$	0.05	$	1.11	$	0.32	$	1.13
Weighted-average shares used in computation:
Basic		27,069		27,324		27,158		28,161
Diluted		27,496		27,750		27,861		28,650

Summary of stock-based compensation included in the costs and expenses above:
Cost of revenue	$	151	$	186	$	528	$	865
Research and development		421		117		1,333		640
Sales and marketing		178		75		560		352
General and administrative		95		118		381		592
Total stock-based compensation	$	845	$	496	$	2,802	$	2,449


	Three Months Ended June 30,				Growth Rates		Constant Currency Growth Rates [1]
	2026		2025
Revenue:
GAAP SaaS	$	20,670	$	21,691		(5%)		(5%)
GAAP professional services		1,480		1,543		(4%)		(4%)
Total GAAP revenue	$	22,150	$	23,234		(5%)		(5%)

Cost of Revenue:
GAAP SaaS	$	4,591	$	4,233
Non-GAAP SaaS	$	4,591	$	4,233

GAAP professional services	$	1,698	$	2,121
Add back:
Stock-based compensation		(151)		(186)
Non-GAAP professional services	$	1,547	$	1,935

GAAP total cost of revenue	$	6,289	$	6,354
Add back:
Stock-based compensation		(151)		(186)
Non-GAAP total cost of revenue	$	6,138	$	6,168		(0%)		0%

Gross Profit:
Non-GAAP SaaS	$	16,079	$	17,458
Non-GAAP professional services		(67)		(392)
Non-GAAP gross profit	$	16,012	$	17,066		(6%)		(7%)

Operating expenses:
GAAP research and development	$	7,291	$	6,961
Add back:
Stock-based compensation expense		(421)		(117)
Non-GAAP research and development	$	6,870	$	6,844		0%		1%

GAAP sales and marketing	$	5,629	$	4,641
Add back:
Stock-based compensation expense		(178)		(75)
Non-GAAP sales and marketing	$	5,451	$	4,566		19%		20%

GAAP general and administrative	$	1,863	$	2,031
Add back:
Stock-based compensation expense		(95)		(118)
Non-GAAP general and administrative	$	1,768	$	1,913		(8%)		(7%)

GAAP operating expenses	$	14,783	$	13,633
Add back:
Stock-based compensation expense		(694)		(310)
Non-GAAP operating expenses	$	14,089	$	13,323		6%		6%


	Year Ended June 30,				Growth Rates		Constant Currency Growth Rates [1]
	2026		2025
Revenue:
GAAP SaaS	$	85,286	$	81,921		4%		3%
GAAP professional services		5,850		6,510		(10%)		(11%)
Total GAAP revenue	$	91,136	$	88,431		3%		2%

Cost of Revenue:
GAAP SaaS	$	17,732	$	17,975
Non-GAAP SaaS	$	17,732	$	17,975

GAAP professional services	$	6,554	$	8,448
Add back:
Stock-based compensation		(528)		(865)
Non-GAAP professional services	$	6,026	$	7,583

GAAP total cost of revenue	$	24,286	$	26,423
Add back:
Stock-based compensation		(528)		(865)
Non-GAAP total cost of revenue	$	23,758	$	25,558		(7%)		(7%)

Gross Profit:
Non-GAAP SaaS	$	67,554	$	63,946
Non-GAAP professional services		(176)		(1,073)
Non-GAAP gross profit	$	67,378	$	62,873		7%		6%

Operating expenses:
GAAP research and development	$	29,449	$	29,604
Add back:
Stock-based compensation expense		(1,333)		(640)
Non-GAAP research and development	$	28,116	$	28,964		(3%)		(3%)

GAAP sales and marketing	$	19,476	$	19,356
Add back:
Stock-based compensation expense		(560)		(352)
Non-GAAP sales and marketing	$	18,916	$	19,004		(0%)		(1%)

GAAP general and administrative	$	9,960	$	8,615
Add back:
Issuance of common stock warrant for services		(1,350)		—
Stock-based compensation expense		(381)		(592)
Non-GAAP general and administrative	$	8,229	$	8,023		3%		2%

GAAP operating expenses	$	58,885	$	57,575
Add back:
Issuance of common stock warrant for services		(1,350)		—
Stock-based compensation expense		(2,274)		(1,584)
Non-GAAP operating expenses	$	55,261	$	55,991		(1%)		(1%)