VERINT SYSTEMS INC

verint.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2026 10-Q, filed Sep 2, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Feb 12, 2026.

The sections below describe the company as of the FY2025 annual report.

What Did They Do?

Sells AI-powered customer engagement software and bots that automate customer service and workforce workflows for large enterprises and smaller businesses.

How Did They Make Money?

Customers pay for subscriptions to the Verint Open Platform and related software and services. Subscription terms and billing vary, with some subscription software billed annually or more often and some service revenue earned over the service period.

revenue

Segment	Share	How money arrives
Recurring Recurring	78% FY2022: 72%	Recurring
Nonrecurring perpetual Sold outright	12%	Sold outright
Nonrecurring professional services and other	10%

Who Were Their Customers?

Large and mid-sized customers buy through Verint’s direct sales teams, often alongside indirect channels; indirect channels also serve smaller customers. Buyers span large enterprises and small and midsize businesses in financial services, healthcare, utilities, technology, and government.

Did Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 16 cents into free cash flow.

Operating income, FY2025

12% of revenue

▲ +56% vs FY2024 ($68.2M, 7%)

Net income, FY2025

9% of revenue

▲ +113% vs FY2024 ($38.6M, 4%)

Free cash flow, FY2025

16% of revenue

▲ +6% vs FY2024 ($134.5M, 15%)

How Were They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jul 31, 2025

Revenue: ▼ −1%; vs $210.2M in Q2 FY2025
Net income: ▼ Now a loss; vs $5.5M in Q2 FY2025

Recurring share of revenue vs 77.7% in Q2 FY2025

Nov 26, 2025 Calabrio completed its acquisition of Verint Verint’s common shares were canceled and converted into the right to receive cash.

Shrank. Revenue fell 29% in 4 years, from $1.3B in FY2021 to $909.2M in FY2025, about 8% a year.

From solution areas to workflow bots The older report grouped its platform applications into Digital-First Engagement, Workforce Engagement, and Experience Management. The latest report centers its description on bots that automate individual steps in customer-engagement workflows.

Revenue over time

Recurring Nonrecurring perpetual Nonrecurring professional services and other Nonrecurring

$1B$500M$0

FY2022 FY2023 FY2024 FY2025

Who Did They Compete With?

Competes with Alvaria, Calabrio, Genesys Cloud Services, NICE, Pegasystems, Qualtrics International, Microsoft, Alphabet, Amazon.com, and Salesforce

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