CTSH · Cognizant Technology Solutions Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.41B | - | $5.42B | $5.25B | $5.12B | - | $5.04B | $4.85B | $4.76B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $791.00M | - | $833.00M | $810.00M | $791.00M | - | $833.00M | $781.00M | $765.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $141.00M | - | $135.00M | $139.00M | $136.00M | - | $129.00M | $128.00M | $133.00M | - |
| Operating Income | $843.00M | - | $866.00M | $817.00M | $853.00M | - | $738.00M | $708.00M | $695.00M | - |
| Interest Expense | $7.00M | - | $8.00M | $10.00M | $11.00M | - | $14.00M | $10.00M | $11.00M | - |
| Income Tax | $208.00M | - | $613.00M | $197.00M | $213.00M | - | $170.00M | $165.00M | $179.00M | - |
| Net Income | $662.00M | - | $274.00M | $645.00M | $663.00M | - | $582.00M | $566.00M | $546.00M | - |
| EPS - Basic | $1.39 | - | $0.56 | $1.31 | $1.34 | - | $1.17 | $1.14 | $1.10 | - |
| EPS - Diluted | $1.39 | - | $0.56 | $1.31 | $1.34 | - | $1.17 | $1.14 | $1.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.50B | $1.90B | $2.34B | $1.80B | $1.98B | $2.23B | $2.01B | $2.19B | $2.23B | $2.62B |
| Accounts Receivable | $4.61B | $4.44B | $4.39B | $4.40B | $4.24B | $4.06B | $4.21B | $3.97B | $3.82B | $3.85B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $363.00M | $308.00M | $284.00M | $279.00M | $326.00M | $340.00M | $304.00M | $298.00M | $291.00M | $337.00M |
| Current Assets | $7.83B | $7.82B | $8.09B | $7.61B | $7.54B | $7.50B | $7.55B | $7.25B | $7.09B | $7.51B |
| Total Assets | $20.50B | $20.69B | $20.13B | $20.16B | $19.97B | $19.97B | $20.16B | $18.58B | $18.41B | $18.48B |
| Current Liabilities | $3.52B | $3.66B | $3.43B | $3.16B | $3.41B | $3.58B | $3.39B | $2.95B | $3.01B | $3.33B |
| Long-term Debt | $535.00M | $543.00M | $551.00M | $559.00M | $567.00M | $875.00M | $1.18B | $590.00M | $598.00M | $606.00M |
| Total Liabilities | $5.43B | $5.68B | $5.24B | $4.88B | $5.07B | $5.56B | $5.71B | $4.68B | $4.92B | $5.26B |
| Stockholders' Equity | $15.07B | $15.02B | $14.90B | $15.29B | $14.90B | $14.41B | $14.45B | $13.90B | $13.49B | $13.23B |
| Retained Earnings | $15.27B | $15.16B | $14.94B | $15.23B | $15.04B | $14.69B | $14.35B | $14.03B | $13.62B | $13.30B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $274.00M | - | - | - | $400.00M | - | - | - | $95.00M | - |
| Investing Cash Flow | ($806.00M) | - | - | - | ($7.00M) | - | - | - | ($238.00M) | - |
| Financing Cash Flow | ($597.00M) | - | - | - | ($657.00M) | - | - | - | ($304.00M) | - |
| CapEx | $76.00M | - | - | - | $77.00M | - | - | - | $79.00M | - |
| Free Cash Flow | $198.00M | - | - | - | $323.00M | - | - | - | $16.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 15.6% | - | 16.0% | 15.6% | 16.7% | - | 14.6% | 14.6% | 14.6% | - |
| EBITDA margin | 18.2% | - | 18.5% | 18.2% | 19.3% | - | 17.2% | 17.2% | 17.4% | - |
| Net margin | 12.2% | - | 5.1% | 12.3% | 13.0% | - | 11.5% | 11.7% | 11.5% | - |
| Free cash flow margin | 3.7% | - | - | - | 6.3% | - | - | - | 0.3% | - |
| FCF / Net income | 0.30 | - | - | - | 0.49 | - | - | - | 0.03 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.6% | - | 15.4% | 15.4% | 15.5% | - | 16.5% | 16.1% | 16.1% | - |
| Effective tax rate | 23.9% | - | 69.1% | 23.4% | 24.3% | - | 22.6% | 22.6% | 24.7% | - |
| Return on assets | 3.2% | - | 1.4% | 3.2% | 3.3% | - | 2.9% | 3.0% | 3.0% | - |
| Return on equity | 4.4% | - | 1.8% | 4.2% | 4.4% | - | 4.0% | 4.1% | 4.0% | - |
| Return on invested capital | 4.1% | - | 2.8% | 3.9% | 4.2% | - | 3.7% | 3.8% | 3.7% | - |
| Liquidity | ||||||||||
| Current ratio | 2.23 | 2.14 | 2.36 | 2.41 | 2.22 | 2.09 | 2.23 | 2.46 | 2.35 | 2.25 |
| Quick ratio | 2.23 | 2.14 | 2.36 | 2.41 | 2.22 | 2.09 | 2.23 | 2.46 | 2.35 | 2.25 |
| Cash ratio | 0.43 | 0.52 | 0.68 | 0.57 | 0.58 | 0.62 | 0.59 | 0.74 | 0.74 | 0.79 |
| Leverage | ||||||||||
| Debt / Equity | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.06 | 0.08 | 0.04 | 0.04 | 0.05 |
| Debt / Assets | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.06 | 0.03 | 0.03 | 0.03 |
| Debt / EBITDA | 0.54 | - | 0.55 | 0.58 | 0.57 | - | 1.36 | 0.71 | 0.72 | - |
| Interest coverage | 120.4x | - | 108.3x | 81.7x | 77.5x | - | 52.7x | 70.8x | 63.2x | - |
| Equity multiplier | 1.36 | 1.38 | 1.35 | 1.32 | 1.34 | 1.39 | 1.40 | 1.34 | 1.36 | 1.40 |
| Liabilities / Assets | 0.26 | 0.27 | 0.26 | 0.24 | 0.25 | 0.28 | 0.28 | 0.25 | 0.27 | 0.28 |
| Efficiency | ||||||||||
| Asset turnover | 0.26 | - | 0.27 | 0.26 | 0.26 | - | 0.25 | 0.26 | 0.26 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 311d | - | 296d | 306d | 302d | - | 304d | 299d | 293d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 44.1x | - | 119.8x | 59.6x | 57.1x | - | 66.0x | 59.6x | 66.6x | - |
| P / B | 1.9x | - | 2.2x | 2.5x | 2.5x | - | 2.6x | 2.4x | 2.7x | - |
| P / S | 5.4x | - | 6.0x | 7.3x | 7.4x | - | 7.6x | 7.0x | 7.7x | - |
| EV / EBITDA | 28.8x | - | 30.8x | 38.9x | 36.9x | - | 43.2x | 38.6x | 42.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.8% | - | 7.4% | 8.1% | 7.5% | - | 3.0% | -0.7% | -1.1% | - |
| Revenue CAGR (3y) | 4.0% | - | 3.7% | 2.3% | 2.0% | - | 2.1% | 1.9% | 2.6% | - |
| Revenue CAGR (5y) | 4.2% | - | 5.0% | 5.6% | 3.9% | - | 3.5% | 3.2% | 3.0% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -1.2% | - | 17.3% | 15.4% | 22.7% | - | 7.6% | 22.7% | -1.0% | - |
| Net income growth (YoY) | -0.2% | - | -52.9% | 14.0% | 21.4% | - | 10.9% | 22.2% | -5.9% | - |
| EPS growth (YoY) | 3.7% | - | -52.1% | 14.9% | 21.8% | - | 12.5% | 25.3% | -3.5% | - |
| EPS CAGR (3y) | 6.8% | - | -22.9% | 5.7% | 7.8% | - | 4.3% | 5.5% | 5.0% | - |
| EPS CAGR (5y) | 7.9% | - | -2.6% | 14.4% | 14.9% | - | 5.4% | 4.8% | 7.4% | - |
| FCF growth (YoY) | -38.7% | - | - | - | 1918.8% | - | - | - | -97.5% | - |
| FCF CAGR (5y) | 16.3% | - | - | - | -3.5% | - | - | - | -37.1% | - |
| Book value growth (YoY) | 1.1% | 4.2% | 3.1% | 10.0% | 10.4% | 8.9% | 12.2% | 7.7% | 6.5% | 7.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$21.11B totalHealth Sciences$6.35B · 30.1%
Financial Services$6.17B · 29.2%
Productsand Resources$5.29B · 25.0%
Communications Mediaand Technology$3.30B · 15.6%
Product / service
$6.35B totalConsulting And Technology Services$3.65B · 57.5%
Outsourcing Services$2.70B · 42.5%
Geographic
$7.23B totalNorth America$5.31B · 73.5%
Europe$881.00M · 12.2%
Europeexcluding United Kingdom$667.00M · 9.2%
GB$214.00M · 3.0%
Restof World$155.00M · 2.1%
Peer comparison
Same SIC group: Services-Computer Programming Services
Comparing COGNIZANT TECHNOLOGY SOLUTIONS CORP against the 5 most active filers in the same SIC group.
Dividends
$1.28/share trailing 12 months · +4.9% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.3300 |
| Feb 18, 2026 | $0.3300 |
| Nov 18, 2025 | $0.3100 |
| Aug 18, 2025 | $0.3100 |
| May 19, 2025 | $0.3100 |
| Feb 18, 2025 | $0.3100 |
| Nov 19, 2024 | $0.3000 |
| Aug 20, 2024 | $0.3000 |
| May 17, 2024 | $0.3000 |
| Feb 16, 2024 | $0.3000 |
| Nov 20, 2023 | $0.2900 |
| Aug 18, 2023 | $0.2900 |
| May 18, 2023 | $0.2900 |
| Feb 16, 2023 | $0.2900 |
| Nov 17, 2022 | $0.2700 |
| Aug 18, 2022 | $0.2700 |
| May 19, 2022 | $0.2700 |
| Feb 17, 2022 | $0.2700 |
| Nov 18, 2021 | $0.2400 |
| Aug 19, 2021 | $0.2400 |
| May 19, 2021 | $0.2400 |
| Feb 17, 2021 | $0.2400 |
| Nov 18, 2020 | $0.2200 |
| Aug 20, 2020 | $0.2200 |