Cognyte(NASDAQ:CGNT) reported second-quarter fiscal 2026 results on Sept. 9, 2025, with revenue rising 15.5% year over year to $97.5 million and adjusted EBITDA increasing 33% to $11 million. Management raised full-year guidance, now projecting $397 million in revenue (up 13% year over year at midpoint) and $45 million in adjusted EBITDA, while reiterating a $500 million revenue target for the fiscal year ending Jan. 31, 2028, and signaling continued margin expansion.
The following analysis highlights execution on strategic wins, margin expansion, and the path to U.S. market growth.
Cognyte secured two $10 million deals with military intelligence customers in Asia-Pacific and EMEA, including a successful displacement of a regional incumbent in EMEA. New business wins contributed to short-term remaining performance obligations (RPO) increasing to $355 million, supporting 12-month revenue visibility amid heightened global security spending.