Cognyte Software Q2 2027: $0.15 EPS Tops Estimates — Deep Dive

Cognyte Software reported Q2 2027 adjusted EPS of $0.15, beating estimates by 66.7% and growing 87.5% year-over-year. Revenue reached $109.2M, up 12.0% YoY. Net margin expanded to 3.8%, and software revenue grew 34.7%, outpacing services. However, operating cash flow was only $1.1M, raising concerns about cash conversion efficiency.

Original reporting
Published Sep 10, 2026, 2:42 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 10, 2026, 5:59 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Cognyte Software Q2 2027: $0.15 EPS Tops Estimates — Deep Dive — source image
Decision brief

The 30-second read

$CGNTBullishMed
01

Why it matters

Earnings beat may attract short-term buying, but cash flow concerns could limit upside.

02

Market read

Earnings surprise provides a trading catalyst for CGNT.

03

What to watch

Declining RPO may indicate future revenue slowdown.

Relevance 7/10Novelty 7/10Timing: after-hours earnings release

Background

Cognyte is transitioning to higher-margin software revenue.

Company-level read

Ticker impact

$CGNTBullishMedium confidence
Context

Cognyte Software reported Q2 2027 earnings beating estimates with EPS $0.15 and revenue $109.2M.

Expected impact

Potential modest price rise on earnings surprise.

Evidence & confidence

Beat on EPS and revenue, but weak cash flow tempers enthusiasm.

Market effects

Highlights strength of security analytics software segment.

U.S. tech sector may see modest lift.

Limited to niche security analytics market.

Counterpoint

Weak operating cash flow could signal underlying collection issues.

Key entities

  • Cognyte Software

    Security analytics software provider.

Related articles

$CGNTMed

Cognyte Profit Growth Outpaces Revenue as AI Demand Drives 21% Software Surge — BigGo Finance

Cognyte Software (CGNT) reported Q2 revenue of $109M, up 12%, with software revenue surging 21% to $100.8M. Non-GAAP EPS nearly doubled to $0.15, and operating income rose 52.5% to $12.2M. The company added 14 new customers, including a NATO agency, and reiterated its FY2027 revenue target of ~$448M. AI demand and government investments drove growth, with software now 92% of total revenue.

$CGNTMedAI 8/10

Cognyte (CGNT) Q2 2027 Earnings Call Transcript

Cognyte (CGNT) reported Q2 2027 revenue of $109.2M, up 12% YoY, with software revenue at $100.8M, up 20.9% YoY. Non-GAAP EPS was $0.15, nearly double last year. The company added 40 new customers and expects $20M in U.S. deals for fiscal 2027. Management confirmed long-term revenue targets, with 85% visibility for the next 12 months. Cash balance was $102.2M with zero debt. Risks include working capital investments and fluctuating recurring revenue.

$CGNTMed

Cognyte Software Ltd. Q2 2027 Earnings Call Summary

Cognyte Software Ltd. reported Q2 2027 total software revenue growth of 21% year-over-year, driven by demand for national security and public safety solutions. The company narrowed full-year revenue guidance to $448 million and remains on track for a $500 million target in fiscal 2028. Management highlighted operational leverage, U.S. market traction, and strategic inventory investments to mitigate supply chain risks. Operating expenses were impacted by foreign exchange headwinds, and a new Chie

$CGNTHigh

Why is Cognyte Software stock surging today?

Cognyte Software (CGNT) stock rose 8.63% in pre-market trading after releasing Q2 FY2027 results, showing revenue of $400M (+14.1% YoY) and adjusted EBITDA up 65.7%. Analysts have a Strong Buy consensus with a $13.50 price target. Recent contract wins also boosted investor confidence. The stock traded at $8.94 pre-market, up from $8.23.

$CGNTMed

Cognyte Software Ltd. (CGNT): Financial results for Q2 2026

Cognyte Software Ltd. (CGNT) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Press Release Investor Relations Contact Dean Ridlon Cognyte Software Ltd. IR@cognyte.com C ognyte Reports Strong Second Quarter Results with Accelerating Software Growth and Expanding Profitabilit y Revenue grew 12% to $109.2 million; adjusted EBITDA grew 35.7% to $