Proud to Work

Culture leader · Ottawa · ON · Information Technology

Kinaxis

Kanata's supply-chain planners, with a 'laugh often' culture and real inclusion programs

Born in 1984 as a team of former Mitel engineers, Kinaxis now helps global manufacturers plan through volatility with software that crossed $430M in recurring revenue in 2025. It pairs that with values that read like a team charter, an employee share purchase plan, and Ottawa's first Autism at Work hiring program.

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01 · Culture

How they work

Our viewKinaxis puts its values in plain language: be real, be empowered, laugh often, be a global citizen. It backs them with an employee share purchase plan, a company bonus plan for all staff, flexible vacation and paid volunteer days, and it was the first Ottawa company to launch an Autism at Work hiring program. Its strongest recent recognition comes from campus: Carleton University named it Co-op Employer of the Year for 2024.

Recognition

In their words

“Our mission is to help people unlock the full potential of the world's supply chains.”
— Kinaxis mission statement source ↗
“We laugh, have fun and joke around—it's how we build meaningful relationships.”
— Kinaxis careers page (value: Laugh often) source ↗
“We are connected as a global team, active in our communities.”
— Kinaxis careers page (value: Be a global citizen) source ↗
“Investing in emerging talent is at the core of our values, and we take great pride in providing co-op students with the tools, mentorship, and real-world experience they need.”
— Chantal Bisson-Krol, VP of AI and Machine Learning Solutions source ↗

In practice

  • Employee share purchase planAn employee share purchase plan and company bonus plan are part of the standard package. (2026) source ↗
  • Autism at WorkLaunched with Specialisterne Canada as the first program of its kind in the Ottawa region, with a goal of 1% of the workforce. (2017) source ↗
  • Paid volunteer daysUp to four paid volunteer days a year plus employee donation matching. (2021) source ↗
  • Parental leave top-upTop-up to 100% of salary for 12 weeks for mothers, fathers and adoptive parents. (2022) source ↗
  • Flexible vacation and remote optionsFlexible vacation policy with work-from-home options depending on role. (2026) source ↗
  • Co-op and AI mentorshipCo-op students work on hands-on AI and machine learning projects with dedicated mentors. (2025) source ↗

02 · Capabilities

What they do best

Our viewKinaxis builds concurrent supply chain planning software (RapidResponse) used by large manufacturers to plan and respond to disruption. Its subscription business is growing in the high teens, it closed more than 100 deals worth over $1M in 2025, and a 2022 acquisition of MPO extended it from planning into order orchestration.

US$548.0MTotal revenue2025 source ↗
US$433M (+20%)Annual recurring revenue2025 source ↗
US$620–635M2026 revenue guidance2026 source ↗
About 1,750 (105 roles cut were 6% of staff)Employees2024 source ↗

Supply chain planning at enterprise scale

More than 100 software deals over $1M in total contract value in fiscal 2025, including new wins in semiconductors, data storage and oil and gas. source ↗

Planning to execution

Acquired European-headquartered MPO in 2022 for about $45M to connect planning with real-time multi-party order, inventory and transport orchestration. source ↗

Profitable SaaS growth

SaaS revenue grew 17% to $362.4M in 2025, with 2026 guidance of 25–26% adjusted EBITDA margin. source ↗

03 · Capital

Who backs them, and what they back

PublicTSX: KXS · since 2014 source ↗

Our viewKinaxis listed on the TSX in 2014 in a $100M IPO and has been self-funding since, returning cash through buybacks ($97M repurchased in 2025) while acquiring to extend the platform. Employees share in the upside through a share purchase plan.

Funding

DateRoundAmountInvestors
2014-06IPOC$100MPublic offering on TSX source ↗

Capital they deploy

  • Share buyback (NCIB)$97.0M of shares repurchased during fiscal 2025. · 2025 source ↗
  • Acquisition of MPOAbout $45M, 75% cash and 25% equity. · 2022-08 source ↗
What we could not confirm (4)
  • Careers page mentions Great Place to Work certification; no current certification found on an issuer page
  • No Mediacorp Top Employers listing found for 2023–2026
  • Current exact headcount (only implied from 2024 restructuring)
  • Acquisition of Rubikloud (2020) seen in search results but not opened

Checked 2026-10-05

Market read · Be The Puck

What the plays and the numbers say

Kinaxis (KXS) C$180.86 · +1.4% on the day · −2.6% in a year · close Oct 9, 2026

Where we think it’s heading

Leaning higher58 of 100 plays hold it; 18% above its 200-day average; analysts’ 12-month target +19% (10); crash exposure low.

Business fundamentals

Fair 49/100
Value24Growth52Quality70
Momentum is leading; the numbers are middling.P/E 42.8×; revenue growth +16%; profit margin 14%; debt to equity 0.11×; no dividend.Scores 0–100 against every name Be The Puck covers; higher is better. Shown beside the call, not folded into it.
  • 58 of the 100 plays hold KXS right now.
  • The trend-following and volume plays mostly say in; the mean-reversion and pattern plays mostly say out.
  • It closed 18% above its 200-day average and 3% below its 52-week high.
  • Crash exposure reads low: it fell about 1.4× as far as its index in past crashes.
  • Analysts' average 12-month target is C$215.11, 19% above the close (10 analysts).
Plays in58
Crash exposureLow1 of 10 on the storm test
Mayer Multiple1.18×Price ÷ its 200-day average (+18%). Higher than on 74% of days since 2015. Above 2.4 is Mayer's overheated zone.

Full analysis on Be The Puck ↗Stock brief (members) ↗Test a theory on it ↗

Analysis by Be The Puck: published trading rules and public data, rebuilt after each close. Education, not financial advice.

KXSKinaxis Inc.

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Why it matters in Ottawa

Supply chain planning and orchestration software (the Maestro platform, formerly RapidResponse); founded and headquartered in Ottawa, on TSX since June 2014.

Ottawa's largest publicly listed enterprise-software company after Shopify and the main local example of a scaled B2B SaaS business built and kept here.

Source: Kinaxis - About

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