Cognyte Software LtdCGNT
▲ PositiveCapitalrelevance
Revenue up 12%, software revenue up 20.9%, operating income up 52.5%, and adjusted EBITDA up 35.7%.
Impact on stocks 1
Cybersecurity & Digital Trust
Cognyte Software LtdCognyte Software reported second-quarter fiscal 2027 revenue of approximately $109 million, up 12% year over year, with software revenue rising 20.9% to $100.8 million and recurring revenue growing 18.4% to $56.2 million. Non-GAAP operating income climbed 52.5% to $12.2 million, and adjusted EBITDA rose 35.7% to $14.9 million. The company added 40 customers in the first half, citing demand for explainable, agency-controlled AI in national security and public safety. Cognyte maintained its fiscal 2027 revenue outlook of approximately $448 million, with adjusted EBITDA of $68 million and non-GAAP EPS of $0.47. The company ended the quarter with $102.2 million in cash, no debt, and visibility into about 85% of revenue needed for its next-12-month plan.
Cognyte Software LtdRevenue up 12%, software revenue up 20.9%, operating income up 52.5%, and adjusted EBITDA up 35.7%.