Verint Systems ( (VRNT) ) has released its Q4 earnings. Here is a breakdown of the information Verint Systems presented to its investors.
Verint Systems Inc., a leader in customer experience automation, leverages AI-powered solutions to deliver business outcomes for global brands, including over 80 of the Fortune 100 companies. In its latest earnings report, Verint announced that its Q4 annual recurring revenue (ARR) exceeded guidance by $8 million, prompting an increase in ARR guidance for fiscal year ending 2026. The company also reported a 30% year-over-year increase in SaaS annual contract value (ACV) bookings from new deals, highlighting strong AI momentum and customer expansion.
Key financial metrics from the fourth quarter include a subscription ARR of $712 million, a 5.2% year-over-year increase, and bundled SaaS ARR of $328 million, marking a 16.5% increase. Verint’s cash generation and cash contribution also surpassed guidance by $8 million and $16 million, respectively. However, revenue and non-GAAP diluted EPS were impacted by unbundled SaaS revenue dynamics, with some expected deals not materializing.
Verint’s strategic focus on AI and SaaS solutions is evident as more than 90 Fortune 500 companies utilize its AI-powered bots to automate workflows. The company plans to continue reporting subscription ARR, cash generation, and cash contribution to provide a clearer view of growth trends. For fiscal year ending 2026, Verint projects an 8% year-over-year growth in subscription ARR, reaching approximately $768 million.
Looking ahead, Verint anticipates continued ARR momentum into the first quarter of fiscal year 2026, with an expected 6% growth year-over-year. The company’s strategic initiatives and strong AI capabilities position it well for sustained growth in the evolving customer experience automation market.