ARR Growth Exceeds Expectations
Annual Recurring Revenue (ARR) growth for Q4 was 5%, exceeding the guidance of 4%. The company has raised its ARR outlook for Q4 2026 from $760 million to $768 million, reflecting an 8% growth.
Record SaaS ACV Bookings
The company achieved record SaaS ACV bookings for new deals, with a 30% year-over-year growth. This follows strong year-over-year bookings growth throughout the year, indicating a robust demand for Verint's AI solutions.
AI Momentum and Customer Success
Verint's AI solutions are delivering strong business outcomes, with examples including a healthcare insurer reducing average call time by 30 seconds, equating to $70 million in agent capacity savings, and a telecom company achieving a 5% increase in agent productivity, equating to $45 million in agent capacity.
Strong Cash Generation and Contribution
Cash generation and cash contribution exceeded guidance, with fiscal 2025 cash generation coming in $8 million ahead and cash contribution $16 million ahead of guidance.