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Side-by-side financial comparison of Cognizant (CTSH) and Consolidated Edison (ED). Click either name above to swap in a different company.

Cognizant is the larger business by last-quarter revenue ($5.4B vs $4.0B, roughly 1.4× Consolidated Edison). Cognizant runs the higher net margin — 12.2% vs 7.5%, a 4.7% gap on every dollar of revenue. On growth, Consolidated Edison posted the faster year-over-year revenue change (8.2% vs 5.8%). Over the past eight quarters, Cognizant's revenue compounded faster (5.6% CAGR vs -3.7%).

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.

Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc.

CTSH vs ED — Head-to-Head

Bigger by revenue
CTSH
CTSH
1.4× larger
CTSH
$5.4B
$4.0B
ED
Growing faster (revenue YoY)
ED
ED
+2.4% gap
ED
8.2%
5.8%
CTSH
Higher net margin
CTSH
CTSH
4.7% more per $
CTSH
12.2%
7.5%
ED
Faster 2-yr revenue CAGR
CTSH
CTSH
Annualised
CTSH
5.6%
-3.7%
ED

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CTSH
CTSH
ED
ED
Revenue
$5.4B
$4.0B
Net Profit
$662.0M
$298.0M
Gross Margin
Operating Margin
15.6%
12.3%
Net Margin
12.2%
7.5%
Revenue YoY
5.8%
8.2%
Net Profit YoY
-0.2%
-3.9%
EPS (diluted)
$1.39
$0.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTSH
CTSH
ED
ED
Q1 26
$5.4B
Q4 25
$5.3B
$4.0B
Q3 25
$5.4B
$4.6B
Q2 25
$5.2B
$3.6B
Q1 25
$5.1B
$4.9B
Q4 24
$5.1B
$3.7B
Q3 24
$5.0B
$4.2B
Q2 24
$4.8B
$3.3B
Net Profit
CTSH
CTSH
ED
ED
Q1 26
$662.0M
Q4 25
$648.0M
$298.0M
Q3 25
$274.0M
$688.0M
Q2 25
$645.0M
$246.0M
Q1 25
$663.0M
$791.0M
Q4 24
$546.0M
$310.0M
Q3 24
$582.0M
$588.0M
Q2 24
$566.0M
$202.0M
Operating Margin
CTSH
CTSH
ED
ED
Q1 26
15.6%
Q4 25
16.0%
12.3%
Q3 25
16.0%
21.2%
Q2 25
15.6%
9.8%
Q1 25
16.7%
23.0%
Q4 24
14.8%
13.0%
Q3 24
14.6%
20.4%
Q2 24
14.6%
9.7%
Net Margin
CTSH
CTSH
ED
ED
Q1 26
12.2%
Q4 25
12.2%
7.5%
Q3 25
5.1%
15.1%
Q2 25
12.3%
6.8%
Q1 25
13.0%
16.2%
Q4 24
10.7%
8.5%
Q3 24
11.5%
13.9%
Q2 24
11.7%
6.1%
EPS (diluted)
CTSH
CTSH
ED
ED
Q1 26
$1.39
Q4 25
$1.35
$0.81
Q3 25
$0.56
$1.90
Q2 25
$1.31
$0.68
Q1 25
$1.34
$2.25
Q4 24
$1.10
$0.89
Q3 24
$1.17
$1.69
Q2 24
$1.14
$0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTSH
CTSH
ED
ED
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.6B
Total DebtLower is stronger
$568.0M
$25.8B
Stockholders' EquityBook value
$15.1B
$24.2B
Total Assets
$20.5B
$74.6B
Debt / EquityLower = less leverage
0.04×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTSH
CTSH
ED
ED
Q1 26
$1.5B
Q4 25
$1.9B
$1.6B
Q3 25
$2.4B
$181.0M
Q2 25
$1.8B
$1.5B
Q1 25
$2.0B
$360.0M
Q4 24
$2.2B
$1.3B
Q3 24
$2.0B
$93.0M
Q2 24
$2.2B
$1.5B
Total Debt
CTSH
CTSH
ED
ED
Q1 26
$568.0M
Q4 25
$25.8B
Q3 25
Q2 25
Q1 25
Q4 24
$24.7B
Q3 24
Q2 24
Stockholders' Equity
CTSH
CTSH
ED
ED
Q1 26
$15.1B
Q4 25
$15.0B
$24.2B
Q3 25
$14.9B
$24.2B
Q2 25
$15.3B
$23.8B
Q1 25
$14.9B
$23.8B
Q4 24
$14.4B
$22.0B
Q3 24
$14.5B
$21.9B
Q2 24
$13.9B
$21.6B
Total Assets
CTSH
CTSH
ED
ED
Q1 26
$20.5B
Q4 25
$20.7B
$74.6B
Q3 25
$20.1B
$71.8B
Q2 25
$20.2B
$71.5B
Q1 25
$20.0B
$70.7B
Q4 24
$20.0B
$70.6B
Q3 24
$20.2B
$68.6B
Q2 24
$18.6B
$67.9B
Debt / Equity
CTSH
CTSH
ED
ED
Q1 26
0.04×
Q4 25
1.07×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTSH
CTSH
ED
ED
Operating Cash FlowLast quarter
$274.0M
$1.5B
Free Cash FlowOCF − Capex
$198.0M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.41×
4.97×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTSH
CTSH
ED
ED
Q1 26
$274.0M
Q4 25
$858.0M
$1.5B
Q3 25
$1.2B
$504.0M
Q2 25
$398.0M
$2.0B
Q1 25
$400.0M
$837.0M
Q4 24
$920.0M
$1.3B
Q3 24
$847.0M
$392.0M
Q2 24
$262.0M
$1.3B
Free Cash Flow
CTSH
CTSH
ED
ED
Q1 26
$198.0M
Q4 25
$781.0M
Q3 25
$1.2B
Q2 25
$331.0M
Q1 25
$323.0M
Q4 24
$837.0M
Q3 24
$791.0M
Q2 24
$183.0M
FCF Margin
CTSH
CTSH
ED
ED
Q1 26
3.7%
Q4 25
14.6%
Q3 25
21.4%
Q2 25
6.3%
Q1 25
6.3%
Q4 24
16.5%
Q3 24
15.7%
Q2 24
3.8%
Capex Intensity
CTSH
CTSH
ED
ED
Q1 26
Q4 25
1.4%
Q3 25
1.2%
Q2 25
1.3%
Q1 25
1.5%
Q4 24
1.6%
Q3 24
1.1%
Q2 24
1.6%
Cash Conversion
CTSH
CTSH
ED
ED
Q1 26
0.41×
Q4 25
1.32×
4.97×
Q3 25
4.48×
0.73×
Q2 25
0.62×
8.04×
Q1 25
0.60×
1.06×
Q4 24
1.68×
4.23×
Q3 24
1.46×
0.67×
Q2 24
0.46×
6.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTSH
CTSH

Segment breakdown not available.

ED
ED

Electricity$2.9B73%
Oil And Gas Purchased$923.0M23%
Steam Plant$189.0M5%
Con Edison Transmission$1.0M0%

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