Cognizant Technology Solutions Corp reported results for the quarter ended 2026 with revenue of $5.48B, up 4.5% from $5.25B a year earlier, net income of $636M (versus $645M), and diluted EPS of $1.36, up from $1.31 in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$5.48B$5.25B4.5% | Net income²$636M$645M(1.4%) | Diluted EPS³$1.36$1.313.8% |
¹ Reported as “Revenues”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 4.5% (4.1% in constant currency) was driven by large deal ramps and expanded AI/automation services.
- Increased sales of third-party products for integrated offerings materially contributed to results.
- Demand strengthened for AI, analytics and intuitive operations services, particularly in Financial Services and North America.
- Launched “Project Leap” to reshape the operating model; the company incurred restructuring costs to support workforce upskilling and AI productivity gains.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.