Press release
Cognyte Reports Third Quarter Fiscal 2026 Financial Results
Strong Q3 results driven by market momentum and focused execution Company increases outlook for fiscal year ending January 31, 2026 HERZLIYA,
About this update from Cognyte Software Ltd.
[{"type":"text","content":"\nStrong Q3 results driven by market momentum and focused execution\n\nCompany increases outlook for fiscal year ending January 31, 2026\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 and nine months ended October 31, 2025 (\"Q3 FYE26\" and \"YTD FYE26\").\n\nFinancial Summary for Three Months Ended October 31, 2025\n\n\nQ3 FYE26 Revenue was $100.7 million, up approximately 13.2% compared to the same period last year.\n\n\nQ3 FYE26 GAAP operating income was $3.2 million, compared to an operating loss of $2.2 million in the same period last year.\n\n\nQ3 FYE26 Non-GAAP operating income was $9.0 million, compared to operating income of $3.4 million in the same period last year.\n\n\nQ3 FYE26 GAAP Net loss was $3.4 million, compared to a net loss of $2.6 million in the same period last year. The higher loss this quarter was primarily driven by increased tax expenses and foreign exchange impacts.\n\n\nQ3 FYE26 Adjusted EBITDA was $11.9 million, compared to $6.6 million in the same period last year, growing significantly faster than revenue.\n\n\nFinancial Summary for the Nine Months Ended October 31, 2025\n\n\nYTD FYE26 Revenue was $293.8 million, up approximately 14.7% compared to the same period last year.\n\n\nYTD FYE26 GAAP operating income was significantly improved at $8.1 million, compared to an operating loss of $5.8 million during the same period last year.\n\n\nYTD FYE26 Non-GAAP operating income was $24.6 million, up nearly three times from the $9.7 million generated during the same period last fiscal year.\n\n\nYTD FYE26 GAAP Net loss was $0.5 million, compared to a net loss of $7.0 million during the same period last year.\n\n\nYTD FYE26 Adjusted EBITDA was $33.2 million, compared to $19.9 million during the same period last year, representing an increase of approximately 67%.\n\n\nBalance Sheet and Net Cash Provided by Operating Activities\n\n\nDuring Q3 FYE26, the company bought approximately 152,000 ordinary shares for an aggregate purchase price of approximately $1.3 million under the share repurchase program approved by the board of directors in July 2025.\n\n\nDuring the third quarter, we further strengthened our cash posit...