Last 33 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Cognyte Software Ltd.'s quarterly P/E stands at 116.9x. EV/EBITDA has compressed 43.3% YoY to 27.4x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -41.71 | 116.92 | — | — | — | — | — | — | 14.16 | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.46 | 1.76 | 1.85 | 1.78 | 1.31 | 1.62 | 1.46 | 1.50 | 0.93 | 1.23 | 0.98 | 0.89 | 0.65 |
| — | +8.5% | +26.5% | +18.9% | +40.9% | +31.6% | +49.7% | +69.0% | +43.3% | +31.1% | -25.9% | -39.1% | -77.1% | |
| P/B Ratio | 2.34 | 3.05 | 3.28 | 3.10 | 2.13 | 2.53 | 2.28 | 2.34 | 1.43 | 1.88 | 1.41 | 1.24 | 0.81 |
| — | +20.4% | +43.9% | +32.8% | +48.5% | +35.0% | +61.3% | +88.6% | +76.2% | +56.5% | -15.0% | -49.1% | -81.5% | |
| P/FCF | 15.21 | — | — | 11.68 | 15.34 | — | 6.19 | 17.88 | — | 25.36 | 4.27 | 9.52 | — |
| — | — | — | -34.7% | — | — | +44.8% | +87.7% | — | — | — | — | — | |
| EV / EBITDA | 50.87 | 27.38 | 32.21 | 37.64 | 93.91 | 48.29 | 101.79 | — | 87.83 | — | — | — | — |
| — | -43.3% | -68.4% | — | +6.9% | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | 109.21 | 36.73 | — | — | — | — | — | 17.61 | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Cognyte Software Ltd.'s operating margin was 2.8% in Q2 2026, up 0.6 pp QoQ and up 4.5 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 0.8% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.4% | 71.5% | 71.3% | 70.9% | 69.5% | 70.6% | 66.6% | 68.4% | 69.7% | 68.7% | 67.9% | 61.2% | 62.0% |
| — | +1.3% | +7.1% | +3.7% | -0.2% | +2.8% | -1.9% | +11.7% | +12.3% | +8.4% | +13.7% | -14.8% | -14.7% | |
| Operating Margin | -1.5% | 2.8% | 2.3% | 0.7% | -2.4% | -1.6% | -2.8% | -3.7% | -3.5% | -7.2% | -9.4% | -28.6% | -36.5% |
| — | +270.9% | +181.7% | +119.9% | +30.9% | +77.2% | +70.6% | +87.0% | +90.4% | +77.9% | +73.0% | -912.8% | -696.6% | |
| Net Margin | -3.4% | 1.5% | -1.0% | -1.3% | -4.2% | -2.3% | -6.2% | -3.1% | 6.6% | -12.2% | -10.1% | -37.0% | -39.0% |
| — | +165.8% | +83.4% | +58.4% | -164.4% | +81.3% | +39.0% | +91.6% | +116.9% | +65.6% | +71.1% | -271.9% | -2182.8% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -5.6% | 0.7% | -0.5% | -0.6% | -1.7% | -0.9% | -2.4% | -1.2% | 2.6% | -4.7% | -3.6% | -12.4% | -11.5% |
| — | +173.9% | +81.1% | +54.7% | -167.8% | +80.6% | +33.5% | +90.0% | +122.2% | +57.4% | +66.0% | -201.3% | -1667.9% | |
| ROA | -2.5% | 0.3% | -0.2% | -0.2% | -0.8% | -0.4% | -1.1% | -0.6% | 1.2% | -2.2% | -1.7% | -5.7% | -5.4% |
| — | +172.5% | +81.8% | +57.0% | -165.4% | +80.9% | +35.4% | +90.0% | +121.8% | +58.8% | +65.2% | -183.1% | -1497.7% | |
| ROIC | -2.5% | 1.3% | 1.1% | 0.4% | -1.1% | -0.7% | -1.1% | -1.4% | -1.3% | -2.5% | -2.9% | -7.1% | -7.8% |
| — | +278.9% | +201.5% | +126.1% | +17.1% | +71.3% | +61.0% | +80.6% | +83.4% | +67.7% | +66.9% | -689.0% | -486.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Cognyte Software Ltd.'s Debt/EBITDA ratio is 5.4x, down from 6.4x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.14 | 0.15 | 0.16 | 0.14 | 0.14 | 0.13 | 0.16 | 0.03 | 0.04 | 0.04 | 0.08 | 0.27 |
| — | +1.1% | +14.4% | +5.3% | +429.9% | +285.2% | +189.7% | +92.0% | -90.3% | -73.4% | -81.6% | -80.6% | +330.3% | |
| Debt / EBITDA | 4.17 | 5.37 | 6.35 | 8.96 | 29.24 | 11.73 | 27.21 | — | 7.64 | — | — | — | — |
| — | -54.2% | -76.7% | — | +282.9% | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.30 | 1.34 | 1.33 | 1.30 | 1.30 | 1.33 | 1.33 | 1.39 | 1.27 | 1.25 | 1.26 | 1.30 | 1.33 |
| — | +0.7% | +0.6% | -6.2% | +3.0% | +6.3% | +5.7% | +7.1% | -5.0% | -0.9% | -2.4% | -1.2% | -8.8% | |
| Quick Ratio | 1.22 | 1.26 | 1.25 | 1.22 | 1.22 | 1.21 | 1.21 | 1.26 | 1.15 | 1.12 | 1.12 | 1.17 | 1.23 |
| — | +3.9% | +2.8% | -3.5% | +6.2% | +8.5% | +8.0% | +8.0% | -6.9% | -4.3% | -7.8% | -8.0% | -11.4% | |
| Interest Coverage | -51.26 | 45.00 | 40.62 | 17.00 | -107.55 | -47.93 | -228.20 | -776.75 | -1387.50 | -793.86 | -2289.33 | -98.68 | -43.63 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 33 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare performance and metrics against top competitors.
Start ComparisonCognyte Software Ltd.'s current P/E is -41.7x. The average P/E over the last 1 quarters is 116.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Cognyte Software Ltd.'s current operating margin is -1.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Cognyte Software Ltd.'s business trajectory between earnings reports.