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Apr 30
Cognyte Q1 2026 Earnings Report
Cognyte reported a return to profitability with strong revenue growth and improved margins in Q1 FY2026.
Key Takeaways
Cognyte delivered solid Q1 FY26 results, with revenue increasing to $95.5M and net income turning positive. The company posted gains across software and professional services, doubled its adjusted EBITDA, and strengthened its financial outlook with strategic acquisitions.
Revenue rose to $95.5M, reflecting strong software license sales and deployments.
Adjusted EBITDA more than doubled to $10.3M, indicating improved operating efficiency.
GAAP Net Income reached $0.1M, reversing a $3.6M loss in the same quarter last year.
Cognyte acquired GroupSense, enhancing its U.S. cyber threat intelligence capabilities.
Cognyte
Cognyte
Cognyte Revenue by Segment
Revenue by Segment
Software Revenue
CapyFin.comSoftware Service Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
Cognyte raised its FY26 outlook, expecting $395M revenue and $44M adjusted EBITDA, driven by momentum from key acquisitions and growing demand.
Positive Outlook
- Raised revenue guidance to $395M (+/-2%) for FY26.
- Adjusted EBITDA expected to grow 50% YoY to $44M.
- Non-GAAP EPS forecasted at $0.19.
- GroupSense acquisition adds strategic value and U.S. market presence.
- Improved profitability outlook supported by operational leverage.
Challenges Ahead
- Net cash provided by operations dropped to $1.7M from $21.5M YoY.
- Cash position declined due to $9M in share repurchases.
- Outlook assumes no further acquisitions or macroeconomic disruptions.
- Short-term cash generation affected by timing of collections.
- Exposure to geopolitical and foreign exchange risks remains significant.
Revenue & Expenses
Visualization of income flow from segment revenue to net income