Verint Q2 adjusted revenue $208.0M, estimate $200.4M

Verint Q2 adjusted revenue $208.0M, estimate $200.4M

Verint Systems (NASDAQ: VRNT) reported its Q2 2026 earnings on September 3, 2025, with adjusted revenue of $208.0 million, surpassing the estimated $200.4 million. The company also announced its acquisition by Thoma Bravo, valuing the transaction at $2 billion.

Key highlights from the earnings report include:

- Revenue: Verint Systems reported adjusted revenue of $208.0 million for Q2 2026, which exceeded the consensus estimate of $200.4 million.
- AI ARR: The company's AI Annual Recurring Revenue (ARR) increased by 21.2% year-over-year to $372 million, driven by strong AI business outcomes.
- Diluted EPS: Verint Systems reported a diluted EPS of $0.33, a significant improvement over the previous quarter's loss of $0.09 per share.
- Pending Acquisition: Verint Systems has agreed to be acquired by Thoma Bravo in an all-cash transaction valued at $2 billion. The acquisition is expected to close before the end of the current fiscal year, subject to customary closing conditions.

Verint Systems' CEO and Chairman, Dan Bodner, commented, "I am pleased to report strong Q2 results and continued AI momentum. Behind our results is our CX Automation category leadership and we believe AI adoption in the CX market is still in early stages."

Analysts have mixed ratings for Verint Systems, with recent adjustments including a downgrade from Rosenblatt Securities to a "hold" rating and a target price cut to $20.50. The company's stock has remained relatively flat, trading around $20.39 during midday trading on Monday, September 2, 2025.

Institutional investors have also shown interest in Verint Systems, with several major players increasing their stakes in the company during the second quarter of 2025.

References:
[1] https://www.marketbeat.com/instant-alerts/verint-systems-vrnt-to-release-earnings-on-wednesday-2025-08-27/
[2] https://www.stocktitan.net/news/VRNT/verint-announces-q2-3khwofxbg4q4.html