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1 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Q2 FYE26 Results NASDAQ: CGNT September 9, 2025
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2© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Disclaimers Forward Looking Statements This presentation contains "forward-looking statements, " including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Cognyte Software Ltd. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, any of which could cause our actual results to differ materially from those expressed in or implied by the forward-looking statements. The forward-looking statements contained in this presentation are made as of the date of this presentation and, except as required by law, Cognyte assumes no obligation to update or revise them, or to provide reasons why actual results may differ. For a more detailed discussion of how these and other risks, uncertainties, and assumptions could cause Cognyte’s actual results to differ materially from those indicated in its forward-looking statements, see Cognyte’s filings with the Securities and Exchange Commission. Non-GAAP Financial Measures This presentation includes financial measures which are not prepared in accordance with generally accepted accounting principles (“GAAP”), including certain constant currency measures. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with GAAP , please see the appendices to this presentation as well as the GAAP to non-GAAP reconciliation found under the Investor Relations tab on Cognyte’s website Cognyte.com.
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3 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Q2 FYE26 revenue of $97.5 million Q2 FYE26 Adjusted EBITDA of $11.0 million Q2 FYE26 negative cash flow from operations of ~$6 million GAAP Operating income (loss) for Q2 FYE26 was $2.7M, Q1 FYE26 was $2.2M, Q4 FYE25 was $0.7M, Q3 FYE25 was $(2.2)M and Q2 FYE25 was $(1.4)M. GAAP Net income (loss) for Q2 FYE26 was $2.7M, Q1 FYE26 was $0.1M, Q4FYE25 was $(0.2)M, Q3FYE25 was $(2.6)M and Q2FYE25 was $(0.9)M. $84.4 $89.0 $94.5 $95.5 $97.5 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 $8.3 $6.6 $9.3 $10.3 $11.0 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Q2 FYE26 Highlights Revenue Adjusted EBITDA 33% YoY 15.5% YoY
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4© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Customer Wins APAC Tier 1 Military Intelligence Border Solutions $10M EMEA Tier 1 Military Intelligence Modernize operations $10M
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5© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Actionable intelligence for smarter, faster decisions INVESTIGATIVE ANALYTICS Actionable Intelligence Purpose-Built GenAI Co-Pilot INSIGHTS MINING Organized Data into Insights Unprecedented Scale, Speed and Precision SIGNAL PROCESSING Chaotic Signals into Organized Data At Petabyte Scale ~300 Patents
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6© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Driving Growth Through Partnerships and Recognition Gartner’s 2025 Hype Cycle for Public Safety and Law Enforcement NATIA MILIPOL IACP Asian Defense & Security Partnerships Recognition Industry events
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7 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential $313.4 $350.6 $397.0 FYE24 FYE25 FYE26 Annual Guidance $9.0 $29.1 $45.0 FYE24 FYE25 FYE26 GAAP Operating loss for FYE25 was $5.1M, FYE24 was $18.1M. GAAP Net loss for FYE25 was $7.2M, FYE24 was $11.6M. (ending Jan 2026) 13% 55% ~$500M ~73% >20% Revenue Adjusted EBITDA 3Y Target (ending Jan 2028) Revenue Gross margin Adjusted EBITDA margin
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8 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Financial Summary
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9 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Revenue of $97.5 million Recurring Revenue of $47.4M or about 49% of total revenue Non-GAAP operating income of $8 million GAAP operating income of $2.7 million compared to a loss of $1.4 million Adjusted EBITDA of $11 million GAAP Net income of $2.7M vs. Net loss of $0.9M last year Negative cash flow from operations of ~$6 million Completed initial $20 million repurchase program. Board authorized new $20 million program Q2 FYE26 Highlights GAAP Operating income (loss) for Q2 FYE26 was $2.7M, Q1 FYE26 was $2.2M, Q4 FYE25 was $0.7M, Q3 FYE25 was $(2.2)M and Q2 FYE25 was $(1.4)M. $4.4 $3.4 $6.0 $7.6 $8.0 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 $84.4 $89.0 $94.5 $95.5 $97.5 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Revenue Non-GAAP Operating Income 33% YoY Nearly double YoY 15.5% YoY
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10© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Strong Execution Driving Value Billings is defined as revenue plus the change in contract liabilities, contract assets and unbilled balances. GAAP Gross profit forQ2 FYE26 was $69.8M, Q1 FYE26 was $68.1M, Q4 FYE25 was $67.0M, Q3 FYE25 was $61.9M and Q2 FYE25 was $59.6M. GAAP Operating income (loss) for Q2 FYE26 was $2.7M, Q1 FYE26 was $2.2M, Q4 FYE25 was $0.7M, Q3 FYE25 was $(2.2)M and Q2 FYE25 was $(1.4)M. GAAP Net income (loss) for Q2 FYE26 was $2.7M, Q1 FYE26 was $0.1M, Q4FYE25 was $(0.2)M, Q3FYE25 was $(2.6)M and Q2FYE25 was $(0.9)M. $320.6 $325.9 $335.3 $346.9 $355.0 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Short-Term RPO $60.2 $62.4 $67.6 $68.7 $70.3 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Non-GAAP Gross Profit $8.3 $6.6 $9.3 $10.3 $11.0 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Adjusted EBITDA $77.8 $104.7 $95.0 $78.3 $93.0 Q2 FYE25 Q3 FYE25 Q4 FYE25 Q1 FYE26 Q2 FYE26 Billings
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11 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential FYE26 Outlook Revenue* ~$397 M Non-GAAP gross margin 72% M Adjusted EBITDA ~$45 ~13% YoY +100 bps ~55% YoY *Plus or minus 2% M Cash flow from operations $45 (Feb 2025 -Jan 2026)
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12 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential $313.4 $350.6 $397.0 FYE24 FYE25 FYE26 Annual Guidance $9.0 $29.1 $45.0 FYE24 FYE25 FYE26 GAAP Operating loss for FYE25 was $5.1M, FYE24 was $18.1M. GAAP Net loss for FYE25 was $7.2M, FYE24 was $11.6M. (ending Jan 2026) 13% 55% ~$500M ~73% >20% Revenue Adjusted EBITDA 3Y Target (ending Jan 2028) Revenue Gross margin Adjusted EBITDA margin
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13 cognyte.com © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Thank you
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14 © 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential Appendix
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15© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential
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16© 2025 Cognyte Ltd. All Rights Reserved. Proprietary & Confidential