Slide 1: Quarter-End July 31, 2026 Business Update
Quarter-End July 31, 2026 Business Update NASDAQ: CGNT Growing and strengthening the business September 9, 2026 | Confidential and proprietary information of Cognyte.
Slide 2: Forward Looking Statements and Disclaimers
Forward Looking Statements This presentation contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Cognyte Software Ltd. These forward-looking statements are not
Slide 3: Strong performance
Revenue $109M 12% YoY Total Software Strong Revenue 21% $101M YoY performance Recurring Software and recurring Revenue 18% $56M YoY revenue both grew meaningfully faster than total revenue, Non-GAAP and profitability expanded significantly Gross Margin 154 bps YoY faster than revenue. 74% Non-GAAP O
Slide 4: AI they can explain, on sovereign infrastructure
AI they can explain, on sovereign infrastructure Trusted AI Control → Embedded in the workflow, governed → Their data, their systems, running and accountable, never a black box where they decide Data growth & complexity Fragmented environments → More than any team of analysts can review → Data & cap
Slide 5: Growth strategy is working
Growth strategy is working 40 $20M Post Q2 New customers in H1 Expected deals in the Additional significant vs 31 last year US this year agreements signed Momentum is broad and global. 5 | Confidential and proprietary information of Cognyte.
Slide 6: Strong customer engagement
Strong customer engagement Peer validation Referrals, deployments and market reputation Strategic access Customers engage as NATIA | Columbus, USA they shape future plans Innovation Customer priorities inform where Cognyte invests ISS World | Prague CYBERSEC | Portugal AOC Europe | Finland Expansion
Slide 7: Scaling the commercial organization
Adam Philpott Joined as Chief Revenue Officer to lead our global commercial organization, bringing deep experience building and scaling Scaling the revenue teams. commercial organization Expand Win United States Grow with existing Add new agencies Build on the customers across geographies momentum i
Slide 8: A stronger company
A stronger company FYE28 Growth Profitability Customers The market $500M Software and Expanding Strong global Moving toward Revenue recurring revenue significantly faster customer base the capabilities ~20% growing faster than revenue 40 new logos we have built Adjusted EBITDA than company in H1 for
Slide 9: Financial Summary
Financial Summary © 2026 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential
Slide 10: A higher-quality, more scalable financial model
A higher-quality, more scalable financial model → Mix shift toward software and recurring revenue supports more durable growth Total Software Software mix Recurring Recurring mix Revenue Revenue 20.9% YoY 92.3% 18.4% YoY 51.4% of Q2 revenue of Q2 revenue © 2026 Cognyte Ltd. All Rights Reserved. Prop
Slide 11: Q2 FYE27 highlights
Revenue Q2 FYE27 highlights $109.2 $106.2 $105.5 Revenue of $109.2 million 12.0% YoY $100.7 $97.5 Software Revenue of $100.8M or 92.3% of total revenue 20.9% YoY Q2 FYE26 Q3 FYE26 Q4 FYE26 Q1 FYE27 Q2 FYE 27 Recurring Revenue of $56.2M or 51.4% of total revenue 18.4% YoY GAAP operating income of $4.
Slide 12: H1 FYE27 highlights
H1 Revenue H1 FYE27 highlights $214.7 $193.1 $167.1 Revenue of $214.7 million 11.2% YoY Total Software Revenue of $198.1M 19.8% YoY FYE 25 FYE26 FYE27 Recurring Revenue of $108.1M 14.2% YoY GAAP operating income of $9.1 million 85.1% YoY 4.2× Non-GAAP Non-GAAP operating income of $22.9 million opera
Slide 13: Consistent strong execution driving results
Consistent strong execution driving results Software Revenue Recurring Revenue $100.8 $56.2 $95.2 $97.3 $88.7 $51.9 $83.3 $50.0 $47.4 $47.5 Q2 FYE26 Q3 FYE26 Q4 FYE26 Q1 FYE27 Q2 FYE27 Q2 FYE26 Q3 FYE26 Q4 FYE26 Q1 FYE27 Q2 FYE27 Non-GAAP Gross Profit Adjusted EBITDA $79.4 $80.5 $15.0 $14.9 $76.9 $1
Slide 14: A strong balance sheet provides significant flexibility
A strong balance sheet provides significant flexibility $102.2M $0 $1.1M Cash Debt Q2 operating cash flow quarter-end no debt vs. $(6.3)M last year Capital allocation priorities Invest organically Strategic M&A Share repurchases © 2026 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential
Slide 15: FYE27 outlook: higher quality revenue
$448M 73.5% $56M FYE27 Revenue Non-GAAP gross margin Non-GAAP op. income ±2% | ~12% YoY +50 bps YoY >50% YoY growth outlook: higher quality revenue $68M $0.47 Adjusted EBITDA Non-GAAP EPS ~40% YoY growth Revenue range narrowed around an unchanged midpoint © 2026 Cognyte Ltd. All Rights Reserved. Pro
Slide 16: FYE27 annual guidance and FYE28 Targets
Revenue Adjusted EBITDA $68.0 $448.0 FYE27 annual $400.0 $48.2 guidance $350.6 ~12% ~40% $29.1 (ending Jan 2027) FYE25 FYE26 FYE27* FYE25 FYE26 FYE27 *Plus or minus 2% GAAP Operating income (loss) for FYE26 was $13.3M, FYE25 was $(5.1)M. GAAP Net income (loss) for FYE26 was $4.6M, FYE25 was $(7.2)M.
Slide 17: Thank you
Thank you cognyte.com © 2026 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential
Slide 18: Appendix
Appendix
Slide 19: GAAP to non-GAAP reconciliation table
Three Months Ended Year Ended Three Months Ended Six Months Ended ounees sworaees nonwes su0as auowaers nae unraees Sees) GuP once GMP NonGMP GMP Non ca cur nonce || cup nonce cate nonce | cur Non sur | caters an stimare servicus eevee sszo | sszo | ss32 | seas | sear | sor | sos2 | seez |f sceos |
Slide 20: Total revenue - GAAP reconciliation
Total revenue - GAAP Total estimated revenue adjustments Total revenue - non-GAAP Total GAAP gross profit Total GAAP gross margin Stock-based compensation expenses Restructuring expenses Total non-GAAP gross profit Total non-GAAP gross margin Software and software services Software and software serv