10 Best-Performing Small-Cap Tech Stocks in the Past Three Years

5. Cognyte Software Ltd. (NASDAQ:CGNT)

3Y CAGR: 39.19%

Market Cap: $610.75 Million

Number of Hedge Fund Holders: 25

Cognyte Software Ltd. (NASDAQ:CGNT) is one of the best-performing small-cap tech stocks in the last three years.

On November 19, Cognyte announced a ~$5 million contract with a new Tier-1 military intelligence agency in EMEA, replacing the incumbent vendor after a competitive process. The customer will deploy Cognyte’s tactical SIGINT solution to bolster situational awareness and reconnaissance, with the company highlighting rising demand for agile, scalable tactical intelligence that delivers rapid operational value.

In the release, Chief Revenue Officer Efi Nuri said the win shows the strength and operational adaptability of Cognyte’s tactical SIGINT offering. At the same time, CFO David Abadi framed the deal as a beachhead for cross-sell and expansion into additional AI-powered capabilities as needs grow. Cognyte emphasized that the engagement demonstrates momentum with national and military intelligence customers and the shift toward analytics-driven field solutions.

Cognyte Software Ltd. (NASDAQ:CGNT) is an Israel-based investigative analytics software company serving law enforcement, national security, and military intelligence agencies. Its platforms fuse and analyze data at scale and include solutions spanning Decision, Network, Operational, and Threat Intelligence, with an emphasis on AI-powered analytics to accelerate investigations and generate actionable insights.