A provider of investigative analytics and security software intended for government and enterprise organizations, empowering them with actionable intelligence to neutralize threats.
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Cognyte has appointed Adam Philpott as its new Chief Revenue Officer, effective August 1, 2026. Philpott, who previously served as CEO of Fingerprint Cards and CRO at Trellix, will oversee the company's global commercial organization to support its market expansion strategy. He succeeds Efi Nuri, who is retiring after more than 30 years with the company.
Cognyte secured an approximately $5 million agreement with a Tier-1 national security agency in a NATO member nation. The contract involves the deployment of the company's advanced tactical SIGINT solution to support the agency's operational investigations. This win expands Cognyte's presence within the intelligence community in the EMEA region.
Cognyte announced a new approximately $5 million agreement with an existing national security customer in the Asia-Pacific (APAC) region. The agreement involves upgrading the agency's network intelligence capabilities and infrastructure, enabling the adoption of future AI-powered analytics. This contract represents an expansion of an existing relationship for a long-standing customer.
Cognyte reported its financial results for the first quarter of fiscal year 2027, ending April 30, 2026. The company achieved $105.5 million in revenue, representing a 10.4% year-over-year increase. GAAP operating income doubled to $4.4 million, while Adjusted EBITDA grew 31.5% to $13.6 million. The company reaffirmed its full-year fiscal 2027 revenue guidance of approximately $448 million.
Cognyte finalized an approximately $5 million upgrade agreement with a long-standing national security agency in the Asia-Pacific (APAC) region. The deal focuses on modernizing the agency's investigative analytics platform through the integration of updated AI-driven capabilities to handle increasing data volumes and operational requirements.