_(1).jpg)
Verint Systems Inc., a leader in Customer Experience (CX) Automation, reported its Q2 results for the fiscal year ending 2026, highlighting strong AI-driven growth and a significant acquisition by Thoma Bravo. The company’s focus on AI-powered solutions continues to drive momentum, with the $2 billion deal signaling confidence in its CX strategy.
Verint reported robust Q2 performance, driven by its CX Automation platform. AI Annual Recurring Revenue (ARR) grew 21.2% to $372M, reflecting strong customer demand for AI-powered solutions. Subscription ARR rose 6.4% to $728M, though total revenue dipped 1.0% to $208M due to declines in legacy and non-AI segments. Non-GAAP diluted EPS was $0.33, down from $0.49, and GAAP net loss per share was $(0.09). “I am pleased to report strong Q2 results and continued AI momentum. In Q2, AI ARR increased 21% year-over-year reflecting the strong AI business outcomes we deliver to our customers,” said Dan Bodner, CEO and Chairman.
On August 24, 2025, Verint entered a definitive agreement to be acquired by Thoma Bravo for $2 billion, including debt, in an all-cash transaction. Shareholders will receive $20.50 per share, an 18% premium over the 10-day volume-weighted average share price as of June 25, 2025. The deal, unanimously approved by Verint’s Board, is expected to close before the fiscal year ends (January 31, 2026), subject to shareholder and regulatory approvals. Upon completion, Verint will merge with Thoma Bravo’s portfolio company, Calabrio, and delist from public exchanges. “Their $2B investment in Verint represents a strong validation of our CX Automation strategy,” Bodner added.
The acquisition aligns with Thoma Bravo’s “buy-and-build” strategy, integrating Verint’s AI-powered CX tools with Calabrio’s workforce engagement management solutions to create a unified platform. This move targets the $50B+ CX automation market, leveraging Verint’s client base, which includes over 80 Fortune 100 companies. The partnership is expected to enhance operational efficiency and accelerate AI innovation, positioning the combined entity as a leader in CX automation. Due to the pending acquisition, Verint has suspended financial guidance and will not host an earnings call.
Verint’s Q2 results and Thoma Bravo acquisition mark a pivotal moment, reinforcing its leadership in CX automation while transitioning to a private entity to drive further innovation.
Verint® (NASDAQ: VRNT) is a leader in Customer Experience (CX) Automation, serving a customer base that includes more than 80 of the Fortune 100 companies. The world’s most iconic brands use the Verint Open Platform and our team of AI-powered bots to deliver tangible AI Business Outcomes, Now™ across the enterprise. Verint is uniquely positioned to help brands increase CX Automation with our differentiated, AI-powered Open Platform.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.