Verint Systems Inc. (VRNT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 208.01M | 208.1M | 253.55M | 224.19M | 210.17M | 221.28M | 265.11M | 218.55M | 210.16M | 216.57M | 236.25M | 225.19M | 222.9M | 217.91M | 234.17M | 224.82M | 214.62M | 200.9M | 349.1M | 328.2M |
| Revenue Growth % | -1.03% | -5.96% | -4.36% | 2.58% | 0% | 2.18% | 12.22% | -2.95% | -5.71% | -0.61% | 0.89% | 0.17% | 3.86% | 8.46% | -32.92% | -31.5% | -30.57% | -30.07% | 2.92% | 1.03% |
| Cost of Goods Sold | 67.46M | 69.19M | 67.06M | 65.57M | 67.77M | 66.83M | 76.21M | 65.54M | 68.88M | 68.4M | 72.83M | 70.4M | 75.11M | 76.73M | 81.58M | 72.08M | 72.57M | 72.34M | 111.97M | 103.2M |
| COGS % of Revenue | 32.43% | 33.25% | 26.45% | 29.25% | 32.24% | 30.2% | 28.75% | 29.99% | 32.77% | 31.59% | 30.83% | 31.26% | 33.69% | 35.21% | 34.84% | 32.06% | 33.81% | 36.01% | 32.07% | 31.45% |
| Gross Profit | 140.55M | 138.9M | 186.48M | 158.63M | 142.41M | 154.45M | 188.9M | 153.01M | 141.29M | 148.16M | 163.42M | 154.8M | 147.79M | 141.17M | 152.59M | 152.74M | 142.05M | 128.56M | 237.13M | 225M |
| Gross Margin % | 67.57% | 66.75% | 73.55% | 70.75% | 67.76% | 69.8% | 71.25% | 70.01% | 67.23% | 68.41% | 69.17% | 68.74% | 66.31% | 64.79% | 65.16% | 67.94% | 66.19% | 63.99% | 67.93% | 68.55% |
| Gross Profit Growth % | -1.3% | -10.07% | -1.28% | 3.67% | 0.79% | 4.24% | 15.59% | -1.15% | -4.4% | 4.95% | 7.1% | 1.35% | 4.04% | 9.81% | -35.65% | -32.12% | -32.68% | -30.49% | 8.11% | 6.33% |
| Operating Expenses | 137.2M | 133.83M | 140.16M | 136.88M | 128.55M | 130.47M | 132.76M | 126.29M | 148.8M | 139.39M | 129.75M | 133.12M | 146.28M | 140.67M | 146.39M | 128.07M | 130.51M | 124.12M | 214.66M | 187.26M |
| OpEx % of Revenue | 65.96% | 64.31% | 55.28% | 61.05% | 61.16% | 58.96% | 50.08% | 57.79% | 70.8% | 64.36% | 54.92% | 59.11% | 65.63% | 64.56% | 62.52% | 56.96% | 60.81% | 61.78% | 61.49% | 57.06% |
| Selling, General & Admin | 94.54M | 89.67M | 88.73M | 94.29M | 93.18M | 93.72M | 96.9M | 87.88M | 108.37M | 101.28M | 90.59M | 93.76M | 105.7M | 102.88M | 108.01M | 89.78M | 91.38M | 87.65M | 143.1M | 118.08M |
| SG&A % of Revenue | 45.45% | 43.09% | 34.99% | 42.06% | 44.33% | 42.35% | 36.55% | 40.21% | 51.57% | 46.77% | 38.35% | 41.63% | 47.42% | 47.21% | 46.12% | 39.93% | 42.58% | 43.63% | 40.99% | 35.98% |
| Research & Development | 39.1M | 40.64M | 39.48M | 37.74M | 35.37M | 36.75M | 35.86M | 32.08M | 34.06M | 31.78M | 32.8M | 32.94M | 33.96M | 30.95M | 31.32M | 31.03M | 31.79M | 29.15M | 64.79M | 61.07M |
| R&D % of Revenue | 18.8% | 19.53% | 15.57% | 16.83% | 16.83% | 16.61% | 13.53% | 14.68% | 16.2% | 14.68% | 13.88% | 14.63% | 15.23% | 14.2% | 13.38% | 13.8% | 14.81% | 14.51% | 18.56% | 18.61% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 0 | 39K | 0 | 20K | -24K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -417K | 619K | 1000K | -1000K | -1000K |
| Operating Income | 3.35M | 5.07M | 46.32M | 21.75M | 13.87M | 23.98M | 56.14M | 26.72M | -7.51M | 8.77M | 33.67M | 21.68M | 2.48M | 498K | 6.2M | 24.67M | 11.54M | 4.44M | 22.47M | 37.74M |
| Operating Margin % | 1.61% | 2.44% | 18.27% | 9.7% | 6.6% | 10.84% | 21.18% | 12.23% | -3.57% | 4.05% | 14.25% | 9.63% | 1.11% | 0.23% | 2.65% | 10.97% | 5.38% | 2.21% | 6.44% | 11.5% |
| Operating Income Growth % | -75.85% | -78.85% | -17.49% | -18.6% | 284.64% | 173.36% | 66.74% | 23.25% | -403.52% | 1661.45% | 443.42% | -12.12% | -78.55% | -88.79% | -72.43% | -34.64% | -72.74% | -28.05% | -20.58% | 26.58% |
| EBITDA | 16.43M | 18.05M | 58.67M | 33.6M | 25.43M | 35.35M | 69.72M | 41.21M | 17.78M | 26.27M | 48.8M | 38.5M | 19.77M | 18.55M | 24.73M | 43.91M | 30.16M | 23.49M | 29.24M | 63.46M |
| EBITDA Margin % | 7.9% | 8.67% | 23.14% | 14.99% | 12.1% | 15.97% | 26.3% | 18.86% | 8.46% | 12.13% | 20.66% | 17.09% | 8.87% | 8.51% | 10.56% | 19.53% | 14.05% | 11.69% | 8.38% | 19.34% |
| EBITDA Growth % | -35.4% | -48.95% | -15.84% | -18.48% | 43.08% | 34.52% | 42.85% | 7.06% | -10.1% | 41.67% | 97.31% | -12.33% | -34.43% | -21.05% | -15.4% | -30.81% | -54.39% | -21.97% | -20.16% | 19.89% |
| D&A (Non-Cash Add-back) | 13.08M | 12.97M | 12.35M | 11.85M | 11.56M | 11.37M | 13.58M | 14.49M | 25.29M | 17.5M | 15.13M | 16.82M | 17.3M | 18.05M | 18.54M | 19.24M | 18.62M | 19.05M | 6.77M | 25.72M |
| EBIT | 3.63M | 7.03M | 49.11M | 20.88M | 12.57M | 25.93M | 38.13M | 28.43M | -5.73M | 10.78M | 34.02M | 23.77M | 2.48M | 2.37M | 7.72M | 24.35M | 11.72M | 6.04M | -9.42M | 28.36M |
| Net Interest Income | -1.16M | -1.04M | -1.06M | -865K | -997K | -613K | -836K | -959K | -796K | -799K | -807K | -1.1M | -1.36M | -1.3M | -1.52M | -1.4M | -2.18M | -5M | -8.87M | -9.4M |
| Interest Income | 1.18M | 1.46M | 1.35M | 1.67M | 1.6M | 1.98M | 1.5M | 1.65M | 1.81M | 1.98M | 1.56M | 1.04M | 498K | 199K | 86K | 101K | 23K | 23K | 416K | 314K |
| Interest Expense | 2.34M | 2.5M | 2.41M | 2.54M | 2.59M | 2.59M | 2.34M | 2.61M | 2.6M | 2.78M | 2.37M | 2.15M | 1.86M | 1.5M | 1.6M | 1.5M | 2.2M | 5.02M | 9.28M | 9.72M |
| Other Income/Expense | -2.06M | -540K | 372K | -3.41M | -3.89M | -1.11M | -4.42M | -900K | -820K | -775K | -2.01M | -57K | -898K | 372K | -81K | -1.82M | -2.02M | -3.42M | -41.18M | 327K |
| Pretax Income | 1.29M | 4.53M | 46.7M | 18.34M | 9.98M | 23.33M | 35.79M | 25.82M | -8.33M | 8M | 31.66M | 21.62M | 612K | 870K | 6.12M | 22.85M | 9.52M | 1.02M | -18.71M | 19.98M |
| Pretax Margin % | 0.62% | 2.18% | 18.42% | 8.18% | 4.75% | 10.55% | 13.5% | 11.81% | -3.96% | 3.69% | 13.4% | 9.6% | 0.27% | 0.4% | 2.61% | 10.16% | 4.43% | 0.51% | -5.36% | 6.09% |
| Income Tax | 2.67M | 2.6M | 13.72M | -10.68M | 4.25M | 7.96M | 6.87M | 12.95M | -2.54M | 4.36M | 18.56M | 17.39M | 2.85M | 296K | 10.38M | 9.35M | 4.2M | -72K | -160K | 8.16M |
| Effective Tax Rate % | 206.89% | 57.48% | 29.37% | -58.21% | 42.64% | 34.09% | 19.18% | 50.17% | 30.53% | 54.56% | 58.64% | 80.45% | 465.36% | 34.02% | 169.66% | 40.91% | 44.14% | -7.05% | 0.86% | 40.82% |
| Net Income | -1.69M | 1.62M | 32.78M | 28.72M | 5.53M | 15.24M | 28.7M | 12.61M | -6M | 3.29M | 12.95M | 4.08M | -2.24M | 574K | -4.62M | 13.24M | 5M | 799K | -19.92M | 10.18M |
| Net Margin % | -0.81% | 0.78% | 12.93% | 12.81% | 2.63% | 6.89% | 10.83% | 5.77% | -2.85% | 1.52% | 5.48% | 1.81% | -1% | 0.26% | -1.97% | 5.89% | 2.33% | 0.4% | -5.71% | 3.1% |
| Net Income Growth % | -130.52% | -89.36% | 14.2% | 127.69% | 192.18% | 362.55% | 121.68% | 209.42% | -168.34% | 474.04% | 380.08% | -69.21% | -144.72% | -28.16% | 76.79% | 30.09% | -41.13% | 113.29% | -509.16% | -12.89% |
| Net Income (Continuing) | -1.38M | 1.93M | 32.98M | 29.02M | 5.72M | 15.38M | 28.92M | 12.87M | -5.79M | 3.63M | 13.1M | 4.23M | -2.24M | 574K | -4.26M | 13.5M | 5.32M | 1.09M | -18.55M | 11.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Minority Interest | 2.78M | 2.72M | 2.42M | 2.74M | 2.7M | 2.51M | 2.62M | 2.67M | 2.42M | 2.45M | 2.36M | 2.36M | 2.36M | 2.67M | 2.38M | 2.51M | 2.62M | 2.55M | 15.13M | 18.2M |
| EPS (Diluted) | -0.09 | -0.04 | 0.40 | 0.39 | 0.02 | 0.16 | 0.37 | 0.20 | -0.09 | 0.05 | 0.12 | -0.02 | -0.03 | 0.01 | -0.07 | 0.12 | -0.00 | -0.04 | -0.30 | 0.11 |
| EPS Growth % | -506.47% | -124% | 8.11% | 95% | 124.87% | 215.58% | 208.33% | 1269.59% | -171.22% | - | 271.18% | -114.25% | - | 122% | 76.63% | 9.09% | -103.44% | 57.17% | -528.57% | -35.29% |
| EPS (Basic) | -0.09 | -0.04 | 0.46 | 0.40 | 0.02 | 0.16 | 0.37 | 0.20 | -0.09 | 0.05 | 0.12 | -0.02 | -0.04 | 0.01 | -0.07 | 0.12 | -0.00 | -0.04 | -0.30 | 0.11 |
| Diluted Shares Outstanding | 60.31M | 61.92M | 72.24M | 62.8M | 62.63M | 62.84M | 63.08M | 64.14M | 64.29M | 64.94M | 66.13M | 65.58M | 64.96M | 64.95M | 65.92M | 66.33M | 65.19M | 65.66M | 65.75M | 66.23M |
| Basic Shares Outstanding | 60.31M | 61.92M | 62.27M | 62.14M | 61.86M | 62.34M | 62.74M | 63.89M | 64.29M | 64.94M | 65.76M | 65.58M | 63.43M | 64.95M | 64.93M | 65.57M | 65.19M | 63.08M | 65.64M | 65.57M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |