VRNT on NASDAQ

Verint Systems

Logo: WORK FOR HIRE, Public domain, via Wikimedia Commons5

American analytics company

Verint Systems Inc. is a Melville, New York–based technology company that sells products and services for customer experience (CX) automation.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

$909.2MRevenue, fiscal 20256
$82.3MNet income, fiscal 20256
2002Founded1

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  • TickerVRNT on NASDAQ1
  • Industrysoftware industry1
  • HeadquartersMelville1
  • Websitewww.verint.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address225 Broadhollow Road, Melville, Ny 117477
  • Filer categoryLarge accelerated filer7
  • LEI549300KEQJS5FRVUCO944
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O Corporation Service Company, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 23804144

Verint Systems Inc. is a Melville, New York–based technology company that sells products and services for customer experience (CX) automation. The company offers an open platform, applications, and bots that incorporate artificial intelligence (AI), advanced analytics, large language models, and automated workflows to analyze business intelligence from customer interactions in the contact center, back office, branch, web sites, and mobile apps. This information is used by organizations to achieve a variety of business outcomes, such as increasing productivity and service quality without hiring additional workers, lowering costs, improving the customer experience, and enhancing products, services, and competitive differentiation.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

71.3%Gross margin6
11.7%Operating margin6
9.0%Net margin6
-0.1%Revenue growth, 20256
9.3%Return on equity6
0.35×Debt to equity6
$142.1MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue29¢$261.1M
  • Research and development16¢$149.3M
  • Selling, general and admin42¢$379.6M
  • Other costs2¢$21.6M
  • Income tax2¢$15.2M
  • Profit9¢$82.3M

Out of $909.2M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending10¢$15.3M
  • Share buybacks46¢$72.3M
  • Kept or used elsewhere44¢$69.8M

Out of $157.4M of cash from operations.6

Financial statements

Revenue9101112136$909.2M in 2025−20% since 2018
0$500.0M$1.0B$1.5B2018: $1.1B$1.1B20182019: $1.2B$1.2B2019+8%2020: $846.5M$846.5M2020−31%2021: $830.2M$830.2M2021−2%2022: $874.5M$874.5M2022+5%2023: $902.2M$902.2M2023+3%2024: $910.4M$910.4M2024+1%2025: $909.2M$909.2M2025−0%
Gross profit9101112136$648.0M in 2025−6% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $688.4M$688.4M20182019: $780.5M$780.5M2019+13%2020: $542.4M$542.4M2020−31%2021: $542.7M$542.7M2021+0%2022: $575.9M$575.9M2022+6%2023: $607.2M$607.2M2023+5%2024: $633.3M$633.3M2024+4%2025: $648.0M$648.0M2025+2%
Operating income9101112136$106.4M in 2025+119% since 2018
-$50.0M0$50.0M$100.0M$150.0M2018: $48.6M$48.6M20182019: $114.2M$114.2M2019+135%2020: -$2.0M-$2.0M20202021: $57.4M$57.4M20212022: $46.8M$46.8M2022−18%2023: $57.4M$57.4M2023+22%2024: $68.2M$68.2M2024+19%2025: $106.4M$106.4M2025+56%
Net income9101112136$82.3M in 2025
-$25.0M0$25.0M$50.0M$75.0M$100.0M2018: -$6.6M-$6.6M20182019: $66.0M$66.0M20192020: $28.7M$28.7M2020−57%2021: -$7.3M-$7.3M20212022: $14.4M$14.4M20222023: $14.9M$14.9M2023+3%2024: $38.6M$38.6M2024+159%2025: $82.3M$82.3M2025+113%
Fiscal year20182019202020212022202320242025
Revenue$1.1B9$1.2B10$846.5M11$830.2M12$874.5M13$902.2M6$910.4M6$909.2M6
Cost of revenue$446.8M9$449.2M10$304.2M11$287.6M12$298.6M13$295.1M6$277.1M6$261.1M6
Gross profit$688.4M9$780.5M10$542.4M11$542.7M12$575.9M13$607.2M6$633.3M6$648.0M6
Research and development$190.6M9$209.1M10$134.2M11$128.2M12$123.3M13$130.6M6$133.8M6$149.3M6
Selling, general and admin$415.0M9$426.2M10$379.2M11$327.3M12$376.8M13$392.9M6$405.9M6$379.6M6
Operating expenses$529.1M13$549.8M6$565.1M6$541.7M6
Operating income$48.6M9$114.2M10-$2.0M11$57.4M12$46.8M13$57.4M6$68.2M6$106.4M6
Interest$36.0M9$37.3M10$40.3M11$39.8M12$10.3M13$7.9M13$10.3M13
Income before tax$39.5M13$54.8M6$61.3M6$98.3M6
Income tax$22.4M9$7.5M10$6.9M11$6.9M12$23.9M13$39.1M6$21.6M6$15.2M6
Net income-$6.6M9$66.0M10$28.7M11-$7.3M12$14.4M13$14.9M6$38.6M6$82.3M6
Earnings per share-$0.109$1.0210$0.4311-$0.2312-$0.0713-$0.096$0.286$1.056
Earnings per share (diluted)-$0.109$1.0010$0.4311-$0.2312-$0.0713-$0.096$0.286$1.046
Shares (weighted, basic)65.6M shares1365.3M shares664.0M shares662.1M shares6
Shares (weighted, diluted)65.6M shares1365.3M shares664.3M shares662.8M shares6

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The story

Founding, early years

Verint started as Comverse Technology's Comverse Infosys business unit, which was created in 1999 although it was also incorporated in Delaware in February 1994 as a wholly owned subsidiary of Comverse Technology. Verint's initial focus was on the commercial call recording market, which at the time was transitioning from analog tape to digital recorders. On June 7, 1999, the company released an Internet Call Waiting service.

Expansion and name change

In 1999, Comverse Infosys was combined with another division of Comverse focused on security and the communications interception market. In 2001, Verint expanded into video security by combining with Loronix Information Systems, Inc., which had been previously acquired by Comverse. In 2002, Comverse Infosys changed its name to Verint Systems Inc.

IPO, acquisitions

In May 2002, Verint completed an IPO and became a public company, although it was still majority owned by Comverse Technology. Since 2006 Verint has acquired several other companies such as MultiVision Intelligent Surveillance Limited, a networked video security business; CM Insight Limited, a UK-based, customer management company; Mercom Systems Inc., an interaction recording and performance evaluation company; ViewLinks Euclipse Ltd., a provider of data mining and link analysis software; and Witness Systems, Inc. a workforce optimization company.

In July 2008 Amit Bohensky founded Focal-Info, a software company focused on web data extraction and analytics. The following month Focal-Info had been bought by Verint for an undisclosed amount, with Bohensky hired back on to lead Focal-Info's "extended activity" within Verint. A subsequent acquisition was of Iontas, in early 2010, a provider of desktop analytics solutions.

Beginning with a stock options backdating scandal in 2006, parent company Comverse Technology suffered a series of financial reporting problems, losses and layoffs, with one consequence that both Comverse and Verint were delisted from the NASDAQ stock market in 2007 and ended up on the Pink Sheets. In July 2010, Verint was relisted on the NASDAQ stock market under the symbol VRNT. By that year, there was considerable talk that Comverse Technology would sell its remaining interest in Verint, with some private equity firms mentioned as possible buyers. In September 2011, Verint acquired Global Management Technologies Corporation, paying around $25 million for it.

Full independence

In August 2012, Verint announced that it would buy out Comverse Technology's stake in it, in a transaction valued at around $800 million. An FBR Capital Markets analyst said the move "finally eliminates a major overhang on the name by removing Comverse's majority ownership stake." The deal was finalized in February 2013.

In January 2014, the Swiss Federal Department of Justice and Police awarded Verint a contract worth $14.2 million to develop the new Interception System Switzerland ISS 2 wiretapping system.

Over the next few years, Verint acquired several more companies - in February 2014, the CRM provider KANA Software Inc., acquired from Accel-KKR for $514.2 million; in November 2016, the customer experience software company OpinionLab for an undisclosed amount; in December 2017, the intelligent virtual assistant company Next IT for $30 million cash plus up to $21 million in future payments.

Read the full text

On February 1, 2021, Verint spun off its cyber intelligence division as Cognyte, an independent company catering to governments, to become a pure-play customer engagement vendor. Having divested its cyber intelligence and defense offerings, Verint now focused on developing customer engagement and CX automation solutions for the civilian market, including banking, insurance, public safety/sector, retail, and telecommunications organizations.

In August 2025, private equity firm Thoma Bravo agreed to take Verint private in a $2 billion deal. The acquisition closed on November 26, 2025, at which point Thoma Bravo combined Verint with its portfolio company Calabrio to create a combined AI-powered customer experience automation platform. In February 2026, the combined organization announced it would operate under the Verint name, with Calabrio’s products retained within the broader platform.

Controversy

An article published in Haaretz alleges Verint had "faced backlash" for selling surveillance technology to "repressive regimes" for several years.

On February 2, 2021, Amnesty International reported that an Israeli subsidiary of Verint had "provided the South Sudanese authorities, including the NSS [National Security Services], with communications interception equipment and annual support services" between 2015 and 2017. The NSS has a record of "harassing, intimidating, threatening, arbitrarily detaining and, in some cases, forcibly disappearing and extra-judicially killing" critics of the government. In its report, Amnesty said it "believes that this [sale] goes against Israel’s obligation to protect human rights."

From Wikipedia’s article on Verint Systems, shared under CC BY-SA 4.0.8

Leadership

Who has led Verint Systems, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (36)

Products and brands

Verint's products include the Verint Open Platform, which incorporates AI and behavioral data from customer interactions, along with numerous AI-powered bots and applications for customer engagement. The platform is modular, allowing organizations to selectively implement bots to align with specific business priorities. The platform supports traditional contact centers as well as contact center as a service (CCaaS) models. Automated workflows support the sharing of customer interaction analysis among the contact center, back office, branch, web sites, and mobile apps.

In June 2024, Verint was named “Best Virtual Agent Solution” in the AI Breakthrough Awards program. The company’s open platform was named a winner in the “Best Use of Artificial Intelligence (AI)” category at the 2024 CX Awards hosted by CX Today.

From Wikipedia’s article on Verint Systems, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Parent company

Subsidiaries

From Wikidata.1

Acquisitions

  1. Dec 19, 2017Acquired Next IT1

Timeline

  1. Jan 12, 2006New chief executive Dan Bodner becomes CEO18
  2. May 16, 2002Went public Listed on NASDAQ1
  3. 2002Founded Founded1

Filings

415 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 53 major events, 214 insider forms, 33 large holders, 99 other. The latest 20:

  1. Feb 12, 2026SCHEDULE 13G/A EDGAR
  2. Dec 8, 202515-12G EDGAR
  3. Dec 1, 2025SCHEDULE 13D/A EDGAR
  4. Dec 1, 20254 EDGAR
  5. Nov 26, 202525-NSE EDGAR
  6. Nov 26, 20254 EDGAR
  7. Nov 26, 20254 EDGAR
  8. Nov 26, 20254 EDGAR
  9. Nov 26, 20254 EDGAR
  10. Nov 26, 20254 EDGAR
  11. Nov 26, 20254 EDGAR
  12. Nov 26, 20254 EDGAR
  13. Nov 26, 20254 EDGAR
  14. Nov 26, 20254 EDGAR
  15. Nov 26, 20254 EDGAR
  16. Nov 26, 20254 EDGAR
  17. Nov 26, 2025S-8 POS EDGAR
  18. Nov 26, 2025S-8 POS EDGAR
  19. Nov 26, 2025S-8 POS EDGAR
  20. Nov 26, 20258-K EDGAR

The 415 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

118 open-market trades by officers, directors and large owners since October 2021: 1 buys and 117 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 15, 2025FANTE PETERChief Administrative OfficerSale9,439$16.50$155.7KForm 4
Apr 10, 2025GOLD STEPHEN JDirectorSale2,744$16.07$44.1KForm 4
Dec 19, 2024MORIAH ELANPresidentSale35,556$27.72$985.4KForm 4
Dec 19, 2024FANTE PETERChief Administrative OfficerSale16,233$27.52$446.8KForm 4
Dec 18, 2024Highlander Grant AChief Financial OfficerSale12,880$29.25$376.7KForm 4
Sep 16, 2024MORIAH ELANPresidentSale7,160$25.85$185.1KForm 4
Sep 16, 2024Highlander Grant AChief Financial OfficerSale3,389$25.85$87.6KForm 4
Sep 16, 2024FANTE PETERChief Administrative OfficerSale6,330$25.85$163.6KForm 4
Sep 16, 2024BODNER DANChairman & CEOSale16,932$25.85$437.7KForm 4
Jun 20, 2024BODNER DANChairman & CEOSale375,000$33.76$12.7MForm 4
Jun 18, 2024BODNER DANChairman & CEOSale14,277$35.04$500.3KForm 4
Jun 18, 2024MORIAH ELANPresidentSale4,954$35.04$173.6KForm 4
Jun 18, 2024Highlander Grant AChief Financial OfficerSale1,085$35.04$38.0KForm 4
Jun 18, 2024FANTE PETERChief Administrative OfficerSale1,311$35.04$45.9KForm 4
Jun 13, 2024FANTE PETERChief Administrative OfficerSale4,417$36.60$161.7KForm 4
Jun 11, 2024MORIAH ELANPresidentSale1,553$36.11$56.1KForm 4
Jun 11, 2024Highlander Grant AChief Financial OfficerSale669$36.11$24.2KForm 4
Jun 11, 2024FANTE PETERChief Administrative OfficerSale1,087$36.11$39.3KForm 4
Jun 11, 2024BODNER DANChairman & CEOSale6,096$36.11$220.1KForm 4
Jun 7, 2024KURTZ WILLIAMDirectorSale2,110$36.54$77.1KForm 4

All 118 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

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