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Jan 31

Cognyte Q4 2025 Earnings Report

Cognyte reported increased revenue and turned to positive GAAP operating income for Q4 2025, showing substantial improvement in profitability.

Key Takeaways

Cognyte delivered a strong Q4 2025, achieving double-digit revenue growth and returning to positive GAAP operating income. Non-GAAP earnings and EBITDA rose significantly, supported by higher software and services revenue.

Revenue grew 13% year-over-year to $94.5 million in Q4 2025.

Non-GAAP operating income rose to $6.0 million from $1.0 million in the prior year quarter.

Adjusted EBITDA more than doubled to $9.3 million.

Net loss narrowed significantly to $0.2 million, versus $1.9 million loss in Q4 2024.

Total Revenue
$94.5M
Previous year: $83.7M
+12.9%
EPS
$0.03
Previous year: -$0.23
-113.0%
Adjusted EBITDA
$9.26M
Previous year: $4.33M
+113.8%
Non-GAAP Gross Profit
$67.6M
Recurring Revenue
$47.3M
Previous year: $42.9M
+10.3%
Gross Profit
$67M
Previous year: $57.2M
+17.1%
Cash and Equivalents
$113M
Previous year: $83.1M
+35.6%
Free Cash Flow
$18.7M
Previous year: $8.6M
+117.5%
Total Assets
$498M
Previous year: $472M
+5.5%

Cognyte

Cognyte

Cognyte Revenue by Segment

Forward Guidance

Cognyte expects $392 million revenue for FY26 and strong profitability growth.

Positive Outlook

  • FY26 revenue guided to $392M (+/-2%)
  • Adjusted EBITDA projected to be $43M
  • Non-GAAP EPS expected at $0.16
  • Double-digit revenue growth outlook
  • Significant margin improvement anticipated

Challenges Ahead

  • Macroeconomic and geopolitical uncertainty
  • Customer payment delays can impact backlog
  • Dependency on long sales cycles
  • Potential fluctuations in foreign currency
  • Ongoing competitive pressure in the sector

Revenue & Expenses

Visualization of income flow from segment revenue to net income