Cognyte Software Ltd. announced on February 24 2026 that one of its Tier‑1 military intelligence agency customers in the EMEA region received a Ministry of Defense Innovation Award for its work in countering terror financing. The award, presented by an unnamed Ministry of Defense, recognizes the customer’s operational excellence and the role Cognyte’s AI‑driven investigative analytics platform played in that success.
The platform enabled investigators to connect fragmented data across multiple sources, expose hidden relationships, and identify and disrupt financial networks that support terrorist activity. By resolving entities across datasets and automating repetitive tasks, the solution delivered actionable intelligence that investigators could prioritize and act upon with greater speed and confidence.
Cognyte’s recent financial performance underscores the commercial impact of this validation. In the third quarter of fiscal 2026, the company reported revenue of $100.7 million, up 13.2% year‑over‑year, and adjusted EBITDA of $11.9 million, an 81.4% increase. Management raised its full‑year revenue guidance to $400 million, reflecting strong demand for its decision‑intelligence solutions.
Management highlighted the award’s significance. General Manager Lior Kohavi said, “This recognition highlights the customer’s innovation and operational leadership in addressing a critical national security challenge. By using Cognyte’s AI and advanced analytics platform to connect fragmented data and expose hidden relations, investigative teams transform information into actionable intelligence, enabling them to identify, follow, and neutralize complex money trails and financing networks.” CEO Elad Sharon noted that the company’s “healthy demand for AI‑powered investigative and Decision Intelligence solutions” is driving continued growth, while CFO David Abadi emphasized the company’s “13% top‑line growth” and the decision to raise its full‑year outlook.
The earnings beat was well received by investors, reflecting confidence in Cognyte’s growth trajectory and the market’s recognition of its expanding role in the defense and intelligence sector. The award, coupled with the company’s strong financial results, positions Cognyte as a key player in the intelligence analytics space and signals continued demand for its technology among government agencies.
The award’s impact extends beyond a single customer. It validates Cognyte’s platform in a high‑stakes environment, enhances its reputation for delivering actionable intelligence, and supports the company’s broader strategy of expanding its presence in the defense and intelligence market. This recognition, combined with recent contract wins and robust financial performance, strengthens Cognyte’s competitive position against peers such as Palantir and underscores its ability to secure future government contracts.
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