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
$5.2B
Gross Profit
N/A
Operating Profit
$817.0M
Net Profit
$645.0M
Gross Margin
N/A
Operating Margin
15.6%
Net Margin
12.3%
YoY Growth
8.1%
EPS
$1.31
Cognizant Q2 FY2025 Financial Summary
Cognizant reported revenue of $5.2B (up 8.1% YoY) for Q2 FY2025, with a net profit of $645.0M (up 14.0% YoY) (12.3% margin).
Key Financial Metrics
| Total Revenue | $5.2B |
|---|---|
| Net Profit | $645.0M |
| Gross Margin | N/A |
| Operating Margin | 15.6% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Cognizant Q2 FY2025 revenue of $5.2B breaks down across 6 segments, led by Health Sciences at $1.3B (24.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Health Sciences | $1.3B | 24.7% |
| Financial Services | $1.1B | 20.9% |
| Productsand Resources | $918.0M | 17.5% |
| Consulting And Technology Services | $908.0M | 17.3% |
| Outsourcing Services | $643.0M | 12.3% |
| Transaction Or Volume Based | $306.0M | 5.8% |
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 Financial Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Health Sciences | — | $1.4B | $1.3B | $1.3B |
| Financial Services | — | $1.1B | $1.1B | $1.1B |
| Productsand Resources | — | $921.0M | $978.0M | $918.0M |
| Consulting And Technology Services | — | $944.0M | $929.0M | $908.0M |
| Outsourcing Services | — | $677.0M | $675.0M | $643.0M |
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 |