Business
Cognyte Reports Fourth Quarter and Fiscal Year 2026 Financial Results
Reports strong Q4 and full-year results with double-digit growth, and operating leverage driving faster profitability growth Guides to fiscal 2027 revenue of
About this update from Cognyte Software Ltd.
[{"type":"text","content":"\nReports strong Q4 and full-year results with double-digit growth, and operating leverage driving faster profitability growth\n\n\nGuides to fiscal 2027 revenue of approximately $448 million with additional margin expansion\n\n\n HERZLIYA, Israel--(BUSINESS WIRE)--\nCognyte Software Ltd. (NASDAQ: CGNT) (the “Company,” “Cognyte,” “we,” “us” and “our”), a global leader in software-driven technology for investigative analytics, today announced results for the three months and year ended January 31, 2026 (\"Q4 FYE26\" and \"FYE26\").\n\n\nFinancial Summary for Three Months Ended January 31, 2026\n\n\n\nQ4 FYE26 Revenue was $106.2 million, up approximately 12.4% compared to the same period last year.\n\n\n\nQ4 FYE26 GAAP operating income was $5.2 million, compared to operating income of $0.7 million in the same period last year.\n\n\n\nQ4 FYE26 Non-GAAP operating income was $12.1 million, compared to operating income of $6.0 million in the same period last year.\n\n\n\nQ4 FYE26 GAAP Net income was $5.1 million, compared to a net loss of $0.2 million in the same period last year. The improvement is largely due to the significant increase in operating income.\n\n\n\nQ4 FYE26 Adjusted EBITDA was $15.0 million, compared to $9.3 million in the same period last year, up 62.5% and growing significantly faster than revenue.\n\n\n\nFinancial Summary for the Year Ended January 31, 2026\n\n\n\nFYE26 Revenue was $400.0 million, up approximately 14.1% compared to last year.\n\n\n\nFYE26 GAAP operating income was $13.3 million, a significant turnaround from an operating loss of $5.1 million last year.\n\n\n\nFYE26 Non-GAAP operating income was $36.7 million, more than doubling the $15.7 million generated last year.\n\n\n\nFYE26 GAAP Net income was $4.6 million, compared to a net loss of $7.2 million last year.\n\n\n\nFYE26 Adjusted EBITDA was $48.2 million, compared to $29.1 million last year, representing an increase of approximately 66%.\n\n\n\nBalance Sheet and Net Cash Provided by Operating Activities\n\n\n\nDuring Q4 FYE26, the Company bought approximately 592,000 ordinary shares for an aggregate purchase price of approximately $5.5 million under the share repurchase program approved by the board of directors in July 2025.\n\n\n\nIn early March, the board approved a $20 million increase to the Company’s existing share repurchase program. Thi...