v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2025
Jan. 31, 2025
Current Assets:    
Cash and cash equivalents $ 180,870 $ 215,707
Short-term investments 449 1,344
Accounts receivable, net of allowance for credit losses of $1.8 million and $1.8 million, respectively 172,384 203,113
Contract assets, net 88,783 91,605
Inventories 14,945 14,311
Prepaid expenses and other current assets 58,857 52,692
Total current assets 516,288 578,772
Property and equipment, net 48,364 48,708
Operating lease right-of-use assets, net 27,365 27,337
Goodwill 1,417,042 1,386,734
Intangible assets, net 76,516 80,538
Other assets 172,972 167,960
Total assets 2,258,547 2,290,049
Current Liabilities:    
Accounts payable 24,026 25,457
Accrued expenses and other current liabilities 127,407 138,187
Debt, current 413,117 100,000
Contract liabilities 239,864 255,039
Total current liabilities 804,414 518,683
Long-term debt 0 312,753
Long-term contract liabilities 11,208 13,018
Operating lease liabilities 28,967 29,094
Other liabilities 81,111 90,906
Total liabilities 925,700 964,454
Commitments and Contingencies
Temporary Equity:    
Total temporary equity 436,321 436,321
Stockholders' Equity:    
Common stock — $0.001 par value; authorized 240,000,000 shares; issued 60,248,000 and 62,135,000 shares; outstanding 60,248,000 and 62,135,000 shares at April 30, 2025 and January 31, 2025, respectively. 60 62
Additional paid-in capital 953,080 981,862
Retained earnings 59,486 57,864
Accumulated other comprehensive loss (118,817) (152,939)
Total Verint Systems Inc. stockholders' equity 893,809 886,849
Noncontrolling interest 2,717 2,425
Total stockholders' equity 896,526 889,274
Total liabilities, temporary equity, and stockholders' equity 2,258,547 2,290,049
Series A Preferred Stock    
Temporary Equity:    
Total temporary equity 200,628 200,628
Series B Preferred Stock    
Temporary Equity:    
Total temporary equity $ 235,693 $ 235,693