Cognyte Software Ltd. (CGNT)
NASDAQ:CGNT
Earnings Data
Report Date
Jun 17, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.09Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presents a strongly positive operational and financial picture: double-digit revenue growth, record-high non-GAAP gross margins, significant EBITDA expansion, positive GAAP net income, a healthy RPO/backlog and a strong balance sheet with active share repurchases. Management provided constructive FY'27 guidance and reiterated FY'28 targets, while acknowledging near-term cash collection timing, FX headwinds, some uncertainty from a gradual shift to subscription models and seasonality. On balance the call emphasizes durable demand, margin leverage and profitable scaling with manageable execution risks.Company Guidance
Revenue Growth (Quarter & Full Year)
Q4 FY'26 revenue was $106.2M, up $11.7M or 12.4% year-over-year. Full-year FY'26 revenue was $400M, up 14.1% year-over-year.
Software and Recurring Revenue Expansion
Q4 software revenue was $45.9M, up $8.5M or 22.6% YoY; total software (software + software services) grew 14.2% YoY. Recurring revenue increased 5.6% to $50M and represented 47.1% of total revenue.
Margin Expansion and Gross Profit
Q4 non-GAAP gross margin reached a record 74.7%, up 320 basis points YoY; full-year non-GAAP gross margin was 73%, up 200 basis points YoY. Q4 non-GAAP gross profit rose 17.4% YoY to $79.4M, with incremental revenue largely flowing to gross profit.
Profitability and EBITDA Leverage
Q4 non-GAAP operating income was $12.1M (doubling YoY). Q4 adjusted EBITDA was $15M, up 62.5% YoY. FY'26 non-GAAP operating income was $36.7M (more than double YoY) and adjusted EBITDA was $48.2M, up 65.7% YoY. GAAP net income turned positive at $4.6M for FY'26 versus a net loss last year.
Strong Backlog and RPO Visibility
Total RPO was $557.2M at quarter end (contract liabilities $123.7M + backlog $433.4M). Short-term RPO (next 12 months) was $369.5M, providing solid near-term visibility. Q4 billings grew 15.6% YoY to $109.9M.
Customer Wins, New Logos and Geographic Expansion
Added 61 new customers in FY'26. Notable deals include conversion of a long-standing national security perpetual agreement to a 5-year subscription at a new $6M annual value, a ~$5M U.S. state law enforcement win replacing an incumbent, and other multimillion-dollar deals (including $10M+ and $5M+ orders across EMEA, NATO and APAC).
Balance Sheet Strength and Share Repurchases
Ended the year with $116.9M in cash and no debt. Repurchased ~2.3M shares for ~$21.4M in FY'26 (Q4 repurchases ~$5.5M). Board approved an additional $20M to the repurchase program (noted as bringing one referenced authorization to $40M); company stated total repurchases of ~$26.7M to date against broader program authorizations discussed on the call.
Guidance and Long-Term Targets
FY'27 revenue guidance of ~$448M at the midpoint (approx. 12% YoY growth at midpoint). Management reaffirmed FY'28 targets of approximately $500M revenue and adjusted EBITDA margin >20% and expects non-GAAP gross margin ~73.5% for FY'27.
Market Positioning and AI Tailwind
Management emphasized a strong fit in mission-critical government intelligence and law enforcement markets, AI embedded in platform as a structural tailwind, and validation from an Intelligence Summit with global senior leaders reinforcing market leadership.
CGNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CGNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | $7.88 | $8.45 | +7.23% |
Dec 09, 2025 | $8.97 | $9.72 | +8.36% |
Sep 09, 2025 | $9.53 | $8.45 | -11.33% |
Jun 11, 2025 | $11.01 | $9.58 | -12.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cognyte Software Ltd. (CGNT) report earnings?
Cognyte Software Ltd. (CGNT) is schdueled to report earning on Jun 17, 2026, Before Open (Confirmed).
What is Cognyte Software Ltd. (CGNT) earnings time?
Cognyte Software Ltd. (CGNT) earnings time is at Jun 17, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CGNT EPS forecast?
CGNT EPS forecast for the fiscal quarter 2027 (Q1) is 0.09.
