CognizantCTSHEarnings & Financial Report
Cognizant Technology Solutions Corporation is an American multinational information technology consulting and outsourcing company originally founded in India. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded in Chennai, India, as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996.
Revenue
$5.0B
Gross Profit
N/A
Operating Profit
$738.0M
Net Profit
$582.0M
Gross Margin
N/A
Operating Margin
14.6%
Net Margin
11.5%
YoY Growth
3.0%
EPS
$1.17
Cognizant Q3 FY2024 Financial Summary
Cognizant reported revenue of $5.0B (up 3.0% YoY) for Q3 FY2024, with a net profit of $582.0M (up 10.9% YoY) (11.5% margin).
Key Financial Metrics
| Total Revenue | $5.0B |
|---|---|
| Net Profit | $582.0M |
| Gross Margin | N/A |
| Operating Margin | 14.6% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Cognizant Q3 FY2024 revenue of $5.0B breaks down across 7 segments, led by Health Sciences at $1.3B (25.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Health Sciences | $1.3B | 25.7% |
| Consulting And Technology Services | $1.1B | 20.8% |
| Financial Services | $1.0B | 20.8% |
| Productsand Resources | $828.0M | 16.4% |
| Communication Mediaand Technology | $564.0M | 11.2% |
| Outsourcing Services | $435.0M | 8.6% |
| Transaction Or Volume Based | $45.0M | 0.9% |
Cognizant Revenue by Segment — Quarterly Trend
Cognizant revenue by segment across the last 4 reported quarters, showing how each business line (such as Health Sciences and Consulting And Technology Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Health Sciences | — | $1.4B | $1.3B | $1.3B |
| Consulting And Technology Services | — | $944.0M | $929.0M | $908.0M |
| Financial Services | — | $1.1B | $1.1B | $1.1B |
| Productsand Resources | — | $921.0M | $978.0M | $918.0M |
Cognizant Annual Revenue by Year
Cognizant annual revenue history includes year-by-year totals (for example, 2025 revenue was $21.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $21.1B |
| 2024 | $19.7B |
| 2023 | $19.4B |
| 2022 | $19.4B |
Cognizant Quarterly Revenue & Net Profit History
Cognizant results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $5.4B | +5.8% | $662.0M | 12.2% |
| Q4 FY2025 | $5.3B | +4.9% | $648.0M | 12.2% |
| Q3 FY2025 | $5.4B | +7.4% | $274.0M | 5.1% |
| Q2 FY2025 | $5.2B | +8.1% | $645.0M | 12.3% |
| Q1 FY2025 | $5.1B | +7.5% | $663.0M | 13.0% |
| Q4 FY2024 | $5.1B | +6.8% | $546.0M | 10.7% |
| Q3 FY2024 | $5.0B | +3.0% | $582.0M | 11.5% |
| Q2 FY2024 | $4.8B | -0.7% | $566.0M | 11.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.85B | $5.04B | $5.08B | $5.12B | $5.25B | $5.42B | $5.33B | $5.41B |
| YoY Growth | -0.7% | 3.0% | 6.8% | 7.5% | 8.1% | 7.4% | 4.9% | 5.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $18.58B | $20.16B | $19.97B | $19.97B | $20.16B | $20.13B | $20.69B | $20.50B |
| Liabilities | $4.68B | $5.71B | $5.56B | $5.07B | $4.88B | $5.24B | $5.68B | $5.43B |
| Equity | $13.90B | $14.45B | $14.41B | $14.90B | $15.29B | $14.90B | $15.02B | $15.07B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $262.0M | $847.0M | $920.0M | $400.0M | $398.0M | $1.23B | $858.0M | $274.0M |