Cognyte Software Ltd., a global leader in investigative analytics, announced a follow-on order valued at over $10 million from a longstanding military intelligence customer in the Asia-Pacific (APAC) region. The deal expands Cognyte’s AI-driven solutions to enhance cross-border intelligence and border security, reinforcing its market position in the region. As shown in the finance card above, Cognyte’s stock price is $9.315, with a market cap of $664.65M and a year-to-date high of $11.655.
Contract Value: Over $10M for advanced tactical intelligence solutions.
Customer: Longstanding APAC military intelligence agency, expanding across multiple units.
Purpose: Strengthen field operations for cross-border monitoring and threat prevention.
Stock Performance: CGNT at $9.315, up 21.6% from $7.66 in August 2024.
Financial Health: 13% revenue growth in the last 12 months, 71% gross margins, more cash than debt.
Recent Wins: $20M+ EMEA national security deal (Dec 2024), $10M EMEA military contract (Jul 2025).
The $10M+ order, announced on July 30, 2025, represents a strategic cross-sell to an existing APAC military client, building on prior deployments’ success. Cognyte’s solutions, leveraging AI, big data analytics, and machine learning, will enhance real-time monitoring across a vast, sensitive border region, preventing unauthorized crossings and terror activities. “This follow-on order reflects the strong results our customer continues to see,” said Efi Nuri, Chief Revenue Officer. The deal follows two $10M+ agreements with the same client in November 2024, highlighting Cognyte’s ability to scale within defense environments.
Cognyte’s technology integrates with existing infrastructure, enabling intelligence teams to analyze large datasets, detect suspicious patterns, and act swiftly. The expanded deployment covers multiple military units across a wide geographical area, improving operational efficiency and national safety. Since adopting Cognyte’s solutions, the customer has significantly enhanced its intelligence capabilities, addressing complex border security challenges in a geopolitically sensitive region.
Cognyte’s stock (CGNT) has risen 21.6% from $7.66 in August 2024 to $9.315 as of July 31, 2025, with a market cap of $664.65M. The company’s 13% revenue growth and 71% gross margins reflect strong financial health, supported by a cash-heavy balance sheet. The deal, representing ~2% of market cap, underscores Cognyte’s stable, high-margin revenue stream from military contracts, resilient to economic downturns. Recent milestones include a $20M+ EMEA national security deal (December 2024), a $10M EMEA military contract (July 2025), and a $5M APAC law enforcement order (July 2025).
The global investigative analytics market, valued at $11.8B in 2024, is projected to grow to $28.9B by 2030 (Statista, 2025), driven by demand for AI-powered security solutions. Cognyte’s LUMINAR solution, recognized in Gartner’s 2024 Emerging Tech report, competes with firms like Palantir and Verint, bolstered by its strong APAC presence and recent GroupSense acquisition ($4M–$9M) to expand U.S. markets. However, geopolitical risks in APAC and potential budget constraints could challenge contract execution, as noted in Cognyte’s SEC filings.
Cognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable Intelligence for a Safer World™. Cognyte’s solutions empower law enforcement, national security, national and military intelligence agencies, and other organizations to navigate an increasingly complex threat landscape. With offerings that leverage state-of-the-art technology, including Artificial Intelligence (AI), big data analytics and advanced machine learning, Cognyte helps customers make smarter, faster decisions with their data for the best possible outcomes.
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