Slide 1: Q1 FYE26 Results
Q1 FYE26 Results NASDAQ: CGNT June 11, 2025 1
Slide 2: Disclaimers
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 stateme
Slide 3: Strong Start to Year
Strong Start to Year Revenue $94.5 $95.5 $89.0 + Consistent execution against strategy $82.7 $84.4 + Technology strength + Deep long-standing customer relationships + Q1 FYE26 revenue of $95.5 million Q1 FYE25 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 − 15.5% year-over-year growth + Q1 FYE26 Adjusted EBIT
Slide 4: Deep Customer Relationships Fuel Innovation
Deep Customer Relationships Fuel Innovation re we enga at we hea e g h r h W W e ISS World Prague e on ele logy co igenc co u Ove rati Da load ~10 trie ot cc hno p il ta n 0 s r l el ec nt I T Sop A 80+ histicated l i ve d e m o s Adversaries Solid leadership Built to solve 4
Slide 5: FYE26 Outlook
FYE26 Outlook Revenue $395.0 $350.6 + Revenue of $395 million with a range of +/- 2% $313.5 − Approximately 13% year-over-year growth at midpoint + Adjusted EBITDA of $44 million at the midpoint of the revenue range FYE24 FYE25 FYE26 − Approximately 50% year-over-year growth Outlook + Positioned for
Slide 6: Financial Summary
Financial Summary Confidential and proprietary information of Cognyte. 66
Slide 7: Q1 FYE26 Highlights
Q1 FYE26 Highlights Revenue $94.5 $95.5 $89.0 + Revenue of $95.5 million $82.7 $84.4 − 15.5% year-over-year growth + Recurring Revenue of $47.2M or 49% of total revenue + Non-GAAP operating income of $7.6 million Q1 FYE25 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 − Over four times higher than the $1.8M ge
Slide 8: KPIs
KPIs Short-Term RPO Billings $346.9 $104.7 $335.3 $95.0 $320.6 $325.9 $312.4 $78.2 $77.8 $78.3 Q1 FYE25 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q1 FYE25 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Non-GAAP Gross Profit Adjusted EBITDA $10.3 $67.6 $68.7 $9.3 $8.3 $62.4 $58.8 $60.2 $6.6 $5.0 Q1 FYE25 Q2 FYE25 Q3
Slide 9: FYE26 Outlook
FYE26 Outlook Revenue* ~$395 M ~13% YoY Non-GAAP gross margin 71.5% +50 bps Adjusted EBITDA ~$44 M ~50% YoY Cash flow from operations $45 M *Plus or minus 2% 9
Slide 10: Strong Execution
Strong Execution Revenue Non-GAAP Gross Profit Adjusted EBITDA Growth Growing Faster than Revenue Growing & winning $95.5 $68.7 $10.3 $94.5 $67.6 customers $9.3 $89.0 $84.4 $62.4 $8.3 $82.7 $60.2 $58.8 $6.6 Technology $5.0 leadership Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Leverage in FYE25 FYE
Slide 11: Thank You
Cognyte ‘THANK YOU \ N . \ & Sem cognyte.com xX @@
Slide 12: Appendix
Appendix Confidential and proprietary information of Cognyte. 12 12
Slide 13: Summary Metrics
Summary Metrics Cognyte Software Summary Metrics Three Months Ended Year Ended Three Months Ended 4/30/2024 7/31/2024 10/31/2024 1/31/2025 1/31/2025 4/30/2025 ($ in millions, except share and per share data; shares in thousands) GAAP Non-GAAP GAAP Non-GAAP GAAP Non-GAAP GAAP Non-GAAP GAAP Non-GAAP G
Slide 14: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Cognyte Software GAAP to Non-GAAP Reconciliation Three Months Ended Year Ended Three Months Ended ($ in millions) 4/30/2024 7/31/2024 10/31/2024 1/31/2025 1/31/2025 4/30/2025 Total revenue - GAAP $82.7 $84.4 $89.0 $94.5 $350.6 $95.5 Total estimated revenue adjustments