Cognyte Q4 Revenue Rises 12.4%, Board Increases Buyback by $20M
Cognyte’s Q4 revenue climbed 12.4% to $106.2 million, yielding GAAP net income of $5.1 million and boosting adjusted EBITDA 62.5% to $15.0 million. The board expanded share repurchase authorization by $20 million after fiscal 2026 revenue rose 14.1% to $400.0 million with GAAP operating income at $13.3 million.
1. Q4 Financial Results
Cognyte delivered Q4 FYE26 revenue of $106.2 million, up 12.4% year-over-year. GAAP operating income improved to $5.2 million from $0.7 million, GAAP net income reached $5.1 million versus a $0.2 million loss, and adjusted EBITDA climbed 62.5% to $15.0 million.
2. Full-Year Fiscal 2026 Performance and Share Repurchases
For FYE26, revenue rose 14.1% to $400.0 million and GAAP operating income swung to $13.3 million from a loss of $5.1 million. Non-GAAP operating income more than doubled to $36.7 million, adjusted EBITDA grew 66% to $48.2 million, the board authorized an additional $20 million in share repurchases, and cash position reached $116.9 million with no debt.
3. Fiscal 2027 Outlook
The company forecasts fiscal 2027 revenue of $448 million ±3% (12% growth) with adjusted EBITDA of approximately $68 million and non-GAAP diluted EPS of $0.47, expecting continued double-digit top-line expansion and improved operating leverage.