Israeli Software Company Cognyte Secures Multi-Million Dollar Deal Amid Stock Surge
Cognyte, an AI and big data security firm, has signed a $15 million contract expansion with an Asian military intelligence agency. The deal focuses on enhancing border security and integrating real-time command and control systems.
Cognyte, a provider of artificial intelligence (AI) and big data technological solutions for law enforcement, national security, and military agencies worldwide, has announced a significant business achievement. The Israeli software giant confirmed that an existing client in the military intelligence sector within the Asia-Pacific (APAC) region has expanded its engagement with the company by approximately $15 million.
Building on a multi-year collaboration, the client is scaling the deployment of Cognyte solutions across its organization to strengthen national border security, combat terrorism and cross-border crime, identify and thwart infiltrations—including threats from unmanned aerial vehicles—and accelerate operational decision-making processes.
Protecting national borders requires security authorities to monitor vast areas, distinguish between genuine threats and background noise, and act based on high-quality intelligence before operational windows of opportunity close. To address these challenges, intelligence and national security agencies globally are increasing investments in countering land, sea, and air infiltrations.
As part of this expansion, the organization is upgrading its use of the Cognyte intelligence platform, enabling it to serve as a comprehensive hub that feeds command and control centers and facilitates safer, more accurate operational decisions along national borders.
Elad Sharon, CEO of Cognyte, stated:
"Today's adversaries are more sophisticated and use advanced technologies to evade detection, which changes the characteristics of border threats for authorities around the world. To deal with this reality, governments are investing in the entire intelligence chain—from field activity to informed and safe decision-making.
When a client chooses to expand a system that has already been implemented and is proving itself, it is a clear expression of the value we provide and the recurring business base that drives our growth. This organization has experienced the performance of our intelligence platform in real-time operational activity, and it is now expanding its border intelligence capabilities on this basis, while adopting the latest technological advancements to strengthen national border security."
At the time of writing, Cognyte shares, traded on the NASDAQ, are up 2.41%. Over the past month, the stock has risen by 6.70%, and in the past week, the company has shown a more significant positive trend, with a jump of 7.21%.
In September 2025, the company published its second-quarter report, announcing revenues of $97.5 million, an increase of approximately 15.5% compared to the same quarter last year. Operating profit according to GAAP in the second quarter totaled $2.7 million, compared to an operating loss of $1.4 million in the same period.
According to the data, operating profit on a Non-GAAP basis in the second quarter totaled $8 million, compared to $4.4 million in the same period. Net profit according to GAAP in the second quarter stood at $2.7 million, compared to a net loss of $0.9 million in the same quarter.
Adjusted EBITDA in the second quarter totaled $11.0 million, compared to $8.3 million in the same period—a growth rate outpacing revenues. Regarding the company's activity for the half-year ending July 31, 2025, revenues totaled $193.1 million, an increase of about 15.5% compared to the same period.
