← Cognyte Software Ltd.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $12.3m |
$27.4m
+122.14%
|
$20.3m
-25.79%
|
($10.3m)
-150.50%
|
($110.0m)
-972.07%
|
($11.6m)
+89.41%
|
($7.2m)
+37.88%
|
$4.6m
+163.77%
|
— | |
| Depreciation and amortization | $21.0m | $17.3m | $22.5m | $21.3m | $18.1m | $13.8m | $13.7m | $12.0m | $12.2m | |
| Benefit from deferred income taxes | $9.0m | $5.6m | ($2.2m) | $5.9m | $45k | ($3.2m) | ($1.4m) | ($2.0m) | — | |
| Stock-based compensation, excluding cash-settled awards | $25.5m | $31.0m | $27.4m | $32.9m | $25.2m | $12.2m | $19.0m | $21.2m | $21.8m | |
| Accounts receivable | ($44.1m) | ($24.1m) | $1.5m | ($5.7m) | $59.2m | $12.4m | $10.6m | ($6.3m) | ($18.7m) | |
| Inventories | ($3.6m) | ($392k) | ($1.1m) | ($363k) | ($13.1m) | ($960k) | $4.6m | $2.4m | ($1.4m) | |
| Accounts payable and accrued expenses | ($7.8m) | $1.3m | $8.7m | $4.9m | ($37.9m) | $4.3m | $14.3m | $10.5m | — | |
| Prepaid expenses and other assets | $1.6m | $7.0m | $5.1m | $8.5m | ($2.4m) | $5.3m | ($7.8m) | $5.3m | — | |
| Other liabilities | ($10.2m) | ($20.8m) | $210k | $1.8m | $174k | ($2.9m) | ($1.6m) | $944k | — | |
| Restricted cash and cash equivalents included in other assets | $2.4m | $7.8m | $10.2m | $2.1m | $163k | $94k | $0 | $0 | — | |
| Net cash provided by operating activities | $53.7m |
$67.2m
+25.03%
|
$71.3m
+6.14%
|
$2.6m
-96.31%
|
($37.0m)
-1506.35%
|
$34.6m
+193.44%
|
$46.8m
+35.36%
|
$40.3m
-13.79%
|
$33.9m
-15.88%
|
|
| Purchases of property and equipment | ($9.9m) | ($13.7m) | ($14.2m) | ($11.8m) | ($8.3m) | ($7.0m) | ($10.6m) | ($10.4m) | ($7.9m) | |
| Purchases of short-term investments | ($57.7m) | ($29.1m) | ($48.6m) | ($59.0m) | ($55.1m) | ($58.7m) | $0 | $0 | — | |
| Maturities of short-term investments | $28.2m | $53.5m | $51.2m | $53.0m | $48.8m | $75.9m | $0 | $0 | — | |
| Gain from business divestiture, see Note 7 | — | — | $0 | $0 | ($5.8m) | ($4.8m) | $0 | $0 | — | |
| Proceeds from Business divestiture, net of cost | — | — | $0 | $0 | $37.6m | $5.0m | $4.9m | $0 | — | |
| Net cash (used in) provided by investing activities | ($68.3m) | ($29.5m) | $16.4m | ($17.9m) | $20.1m | $9.4m | ($5.7m) | ($14.1m) | — | |
| Dividends paid to noncontrolling interest | ($4.4m) | ($4.3m) | ($4.2m) | ($3.3m) | ($2.9m) | ($2.5m) | ($2.6m) | ($3.1m) | — | |
| Net cash used in financing activities | $6.1m |
($86.0m)
-1519.40%
|
($205.6m)
-139.16%
|
$58.7m
+128.57%
|
($102.9m)
-275.23%
|
($2.5m)
+97.62%
|
($8.0m)
-224.31%
|
($24.8m)
-212.45%
|
($24.2m)
+2.75%
|
|
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period | $282.7m | $233.4m | $114.7m | $158.2m | $39.0m | $80.4m | $112.9m | $116.9m | $107.9m | |
| Foreign currency effects on cash, cash equivalents, restricted cash, and restricted cash equivalents | ($544k) | ($985k) | ($864k) | $41k | $617k | ($115k) | ($631k) | $2.6m | — | |
| Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents | ($9.1m) | ($49.3m) | ($118.8m) | $43.6m | ($119.2m) | $41.4m | $32.5m | $4.0m | — | |
| Restricted cash and cash equivalents included in restricted cash and cash equivalents and restricted bank time deposits | $40.2m | $24.5m | $25.9m | $3.5m | $4.3m | $5.8m | $185k | $0 | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Allowance for credit losses | $1.9m | $1.4m | $1.9m | $432k | $2.8m | $2.5m | $1.4m | $718k | — | |
| Non-cash (gains) losses on derivative financial instruments, net | ($726k) | ($395k) | $95k | ($133k) | $426k | $330k | ($179k) | ($595k) | — | |
| Other non-cash items, net | $409k | $1.7m | ($3.0m) | $766k | $681k | ($685k) | $32k | $1.1m | — | |
| Contract assets | $21.6m | $17.7m | $8.4m | ($7.1m) | $8.5m | ($7.3m) | ($6.7m) | ($1.8m) | — | |
| Contract liabilities | $30.0m | $9.3m | ($16.8m) | ($51.3m) | $18.0m | $13.9m | $8.0m | ($8.9m) | — | |
| Other, net | $965k | ($1.4m) | $1.9m | $1.4m | ($1.0m) | $1.3m | $101k | $957k | — | |
| Settlements of derivative financial instruments not designated as hedges | $126k | $212k | $213k | ($138k) | $201k | ($977k) | $117k | $623k | — | |
| Cash paid for capitalized software development costs | ($2.7m) | ($7.6m) | ($5.1m) | ($6.0m) | ($3.4m) | ($2.0m) | ($2.6m) | ($243k) | — | |
| Acquisition of business, net of cash acquired | ($3.8m) | ($18.7m) | $0 | $0 | — | — | — | ($4.3m) | — | |
| Change in restricted bank time deposits, including long-term portion | ($21.8m) | ($14.2m) | $31.1m | $5.6m | $358k | ($2.8m) | $2.4m | $200k | — | |
| Purchases of treasury stock | — | — | — | — | $0 | $0 | ($5.3m) | ($21.4m) | — | |
| Repayment of principal portion of finance lease liability | — | — | — | — | $0 | $0 | ($99k) | ($298k) | — | |
| Cash and cash equivalents | $240.2m | $201.1m | $78.6m | $152.6m | $34.6m | $74.5m | $112.7m | $116.9m | $102.8m |