Press release
Cognyte Reports Fourth Quarter and Fiscal Year Ended January 31, 2025 Financial Results
Double-digit revenue growth and strong year-over-year increase in profitability Guides to fiscal 2026 revenue of approximately $392 million with a
About this update from Cognyte Software Ltd.
[{"type":"text","content":"\nDouble-digit revenue growth and strong year-over-year increase in profitability\n\nGuides to fiscal 2026 revenue of approximately $392 million with a significant increase in profitability\n\n HERZLIYA, Israel--(BUSINESS WIRE)--\nCognyte Software Ltd. (NASDAQ: CGNT) (the “Company,” “Cognyte,” “we,” “us” and “our”), a global leader in investigative analytics software, today announced results for the three months and year ended January 31, 2025 (\"Q4 FYE25\" and \"FYE25\").\n\nFinancial Summary for Three Months Ended January 31, 2025\n\n\nQ4 FYE25 Revenue was $94.5 million, up approximately 13% compared to the same period last year.\n\n\nQ4 FYE25 GAAP operating income was $0.7 million, compared to an operating loss of $2.9 million in the same period last year.\n\n\nQ4 FYE25 Non-GAAP operating income was $6.0 million, compared to operating income of $1.0 million in the same period last year.\n\n\nQ4 FYE25 GAAP Net loss was $0.2 million, compared to a net loss of $1.9 million in the same period last year.\n\n\nQ4 FYE25 Adjusted EBITDA increased by approximately 114% to $9.3 million, compared to $4.3 million in the same period last year, demonstrating the leverage we have in our financial model.\n\n\nFinancial Summary for the Year Ended January 31, 2025\n\n\nFYE25 Revenue was $350.6 million, up approximately 12% compared to last fiscal year.\n\n\nFYE25 GAAP operating loss was $5.1 million, compared to an operating loss of $18.1 million last fiscal year.\n\n\nFYE25 Non-GAAP operating income improved significantly to $15.7 million, compared to an operating loss of $4.2 million last fiscal year.\n\n\nFYE25 GAAP Net loss was $7.2 million, compared to a net loss of $11.6 million last fiscal year.\n\n\nFYE25 Adjusted EBITDA more than tripled to $29.1 million, compared to $9.0 million last fiscal year.\n\n\nBalance Sheet and Net Cash Provided by Operating Activities\n\n\nAs of January 31, 2025, cash, cash equivalents and restricted cash were $113.1 million, compared to $83.1 million at January 31, 2024.\n\n\nDuring the three and twelve months ended January 31, 2025, net cash provided by operating activities was $18.7 million and $46.8 million, respectively, compared to net cash provided by operating activities of $9.8 million and $34.6 million, respectively, in the same periods last fiscal year.\n\n\nManagement Commentary\n\n“Our strong pe...