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VRNT

Verint Systems Inc.

VRNT

Verint Systems Inc. • NASDAQ
$20.51 ▲ 1.33% (+0.27)
Market Cap $1.24 B
52w High $34.80
52w Low $14.15
Dividend Yield 0%
P/E 28.1
Volume 7.79M
Outstanding Shares 60.34M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $208.007M ▼ $137.202M ▲ $-1.688M ▼ -0.812% ▼ $-0.094 ▼ $16.711M ▼
Q1-2026 $208.097M ▼ $133.83M ▼ $1.622M ▼ 0.779% ▼ $-0.038 ▼ $20.004M ▼
Q4-2025 $253.546M ▲ $140.157M ▲ $32.779M ▲ 12.928% ▲ $0.46 ▲ $61.454M ▲
Q3-2025 $224.193M ▲ $136.879M ▲ $28.716M ▲ 12.809% ▲ $0.4 ▲ $32.728M ▲
Q2-2025 $210.17M $128.547M $5.531M 2.632% $0.024 $24.135M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $175.402M ▼ $2.232B ▼ $896.447M ▼ $1.333B ▲
Q1-2026 $181.319M ▼ $2.259B ▼ $925.7M ▼ $1.33B ▲
Q4-2025 $217.051M ▲ $2.29B ▲ $964.454M ▲ $1.323B ▲
Q3-2025 $183.602M ▼ $2.248B ▲ $930.181M ▲ $1.315B ▲
Q2-2025 $208.627M $2.184B $908.641M $1.272B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $-1.38M ▼ $19.111M ▼ $-5.633M ▼ $-19.112M ▲ $-5.902M ▲ $19.08M ▼
Q1-2026 $1.927M ▼ $26.323M ▼ $-5.421M ▲ $-58.883M ▼ $-34.837M ▼ $20.298M ▼
Q4-2025 $32.779M ▲ $59.22M ▲ $-10.034M ▲ $-15.301M ▼ $32.398M ▲ $52.883M ▲
Q3-2025 $28.716M ▲ $33.647M ▲ $-52.28M ▼ $-6.905M ▲ $-25.355M ▲ $25.987M ▲
Q2-2025 $5.723M $3.863M $-7.592M $-26.741M $-29.002M $-3.577M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Bundled SaaS Revenue
Bundled SaaS Revenue
 $80.00M ▲$80.00M ▲$80.00M ▲$80.00M ▲
Optional Managed Services Revenue
Optional Managed Services Revenue
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Perpetual Revenue
Perpetual Revenue
 $20.00M ▲$40.00M ▲$20.00M ▼$20.00M ▲
Postcontract Support PCS Revenue
Postcontract Support PCS Revenue
 $30.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Professional Services Revenue
Professional Services Revenue
 $20.00M ▲$30.00M ▲$20.00M ▼$20.00M ▲
Unbundled SaaS Revenue
Unbundled SaaS Revenue
 $70.00M ▲$80.00M ▲$70.00M ▼$50.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been essentially flat for several years after a step down from earlier levels, which suggests the business is in more of a “optimize and refine” phase than a strong growth phase. The more encouraging piece is profitability: gross margins are healthy and have inched higher, operating profits have been slowly improving, and net income has moved from roughly breakeven to clearly positive. That points to better cost discipline, more mix toward higher‑margin software and cloud, and a company that is learning to earn more from roughly the same top line. The main watchpoint is that profit gains so far are based more on efficiency than on strong revenue expansion, which can limit long‑term upside if growth does not reaccelerate.

Balance Sheet

Balance Sheet The balance sheet looks reasonably sound. Total assets have been broadly stable, while debt has come down meaningfully from earlier levels and then held steady, which reduces financial risk. Cash on hand is lower than a few years ago, so the cushion is not as thick as it once was, but still appears adequate for normal operations. Equity has drifted slightly down over time, suggesting some combination of buybacks, acquisitions, or accumulated charges, but not in a way that signals immediate balance‑sheet stress. Overall, leverage appears moderate and manageable, with no obvious red flags, but less room for error than when cash was higher.

Cash Flow

Cash Flow The company consistently generates positive operating cash flow, which is a key strength. Free cash flow has also been positive each year, even after funding a modest level of capital spending, indicating that the software model is capital‑light and cash‑generative. Cash generation today is lower than the high point a few years ago but has been very steady more recently, aligning with the flat revenue profile. This steadiness provides flexibility to keep investing in product, absorb integration costs, or manage debt, but it does not yet show the kind of accelerating cash inflows you’d expect from a high‑growth software story.

Competitive Edge

Competitive Edge Verint competes in a crowded customer experience and contact‑center software market, but it has carved out a differentiated position around CX automation and AI. Its open, modular platform that plugs into existing systems reduces switching friction for customers and avoids disruptive rip‑and‑replace projects, which can be a strong selling point with large enterprises. Deep integration into customer workflows, high switching costs, and the large trove of historical interaction data it uses to train AI models all help create a competitive moat. At the same time, Verint faces intense competition from broader CX suites, cloud contact‑center providers, and large cloud and AI platforms that are also pushing automation. Execution on the Calabrio combination and continued proof of tangible business outcomes will be important to defend and expand its position.

Innovation and R&D

Innovation and R&D Innovation is clearly a central pillar for Verint. The Open Platform and Da Vinci AI engine give it a flexible, future‑proof base that can adopt the best available AI models while leveraging Verint’s own domain‑specific data. The “bot factory” strategy—rolling out a growing catalog of specialized bots for containment, agent assist, workforce management, quality, and analytics—turns AI into concrete, task‑focused tools that are easier for customers to adopt and measure. Investment in a global innovation center and AI talent, along with moves toward more industry‑specific solutions, suggest sustained R&D commitment. The main risk is the speed of AI innovation: Verint must keep refreshing its models, integrating new large language models, and maintaining accuracy and compliance standards faster than rivals to keep this edge.

Summary

Verint today looks like a mature, profitable software business that has reset from an earlier higher‑revenue base and is now focused on margin improvement and AI‑driven differentiation. Financially, it offers stable revenue, improving profitability, positive free cash flow, and a manageable balance sheet with moderate leverage and a smaller cash buffer than in the past. Strategically, its open CX automation platform, deep AI capabilities, and expanding ecosystem of specialized bots provide a credible moat, especially in large, complex enterprises that value integration and measurable ROI. Looking ahead, the key factors to watch are whether AI‑driven offerings can reignite meaningful top‑line growth, how effectively Verint scales and monetizes its bot ecosystem, and how well it executes on integration initiatives like Calabrio in an increasingly competitive AI‑enabled CX market.

NEWS

November 24, 2025 · 8:02 AM UTC

Verint Customers Win CX Automation Awards at 2025 EMEA Inspire Event

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November 20, 2025 · 9:23 AM UTC

Verint Certified a Great Place To Work® for Third Consecutive Year

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October 28, 2025 · 1:53 PM UTC

VRNT Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Verint Systems to Thoma Bravo

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October 22, 2025 · 9:00 AM UTC

Dialpad and Verint Partner to Resell Enterprise-Grade Workforce Management Integration

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October 14, 2025 · 8:33 AM UTC

Verint Earns Top Recognition for AI Vision and Capability in CrayonIQ's Inaugural APAC Contact Centre CX Platforms with AI Buyers Guide

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