Income StatementBalance SheetCash FlowSegments
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Cognizant Income Statement

Revenue, expenses, and profitability over time

Cognizant generated $21.4B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $2.2B with a 10.41% net margin. Gross margin stands at 33.51% and operating margin at 15.79%. Diluted EPS is $4.60, which declined 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$21.4BGross Profit (TTM)$7.2BOperating Income (TTM)$3.4BNet Income (TTM)$2.2BEps Diluted (TTM)$4.60
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$24.3B
P/E Ratio10.91
ROE14.88%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Currency Transaction Gain (Loss)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Unrealized Foreign Currency Transaction Gain (Loss)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Foreign Currency Transaction Gain (Loss)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Foreign exchange gains (losses)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Investment Income, Interest and Dividend$28.0M$30.0M$23.0M$25.0M$27.0M$22.0M
Income from equity method investments$5.0M$4.0M$0.0$0.0$5.0M$3.0M
Gain (loss) on disposal of assets$0.0$62.0M$0.0$0.0$0.0$0.0
Foreign Currency Transaction Gain (Loss), Pre-tax-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Other Charges-$2.0M-$1.0M$4.0M$0.0$1.0M-$9.0M
Foreign Currency Transaction Gain (Loss)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Interest expense$19.0M$12.0M$9.0M$8.0M$8.0M$7.0M
Interest income$28.0M$30.0M$23.0M$25.0M$27.0M$22.0M
Foreign currency transaction gain (loss)-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Foreign Currency Transaction Gain (Loss), Before Tax-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Other income (expense), net—$19.0M$25.0M$21.0M$25.0M$24.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Weighted Average Diluted Shares Adjustment$1.0M$1.0M$0.0$1.0M$1.0M$0.0
Basic earnings per share$1.11$1.34$1.31$0.56$1.35$1.39
Diluted earnings per share$1.10$1.34$1.31$0.56$1.34$1.39
Weighted Average Diluted Shares Adjustment$1.0M$1.0M$0.0$1.0M$1.0M$0.0
Weighted average number diluted shares outstanding adjustment$1.0M$1.0M$0.0$1.0M$1.0M$0.0
Weighted-average shares, basic—494M492M486M—477M
Weighted-average shares, diluted—495M492M487M—477M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Depreciation and amortization$141.0M$136.0M$139.0M$135.0M$140.0M$141.0M
Selling, general and administrative$844.0M$791.0M$810.0M$833.0M$806.0M$791.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$1.8B$1.7B$1.8B$1.8B$1.8B$1.8B
Operating income$751.0M$853.0M$817.0M$866.0M$853.0M$843.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$740.0M$872.0M$842.0M$887.0M$878.0M$867.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$199.0M$213.0M$197.0M$613.0M$235.0M$208.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$546.0M$663.0M$645.0M$274.0M$648.0M$662.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (Loss), Foreign Currency Transaction, before Tax-$18.0M$2.0M$7.0M$4.0M$5.0M$18.0M
Gain Loss On Sale Of Property Plant Equipment$0.0$62.0M$0.0$0.0$0.0$0.0
Other income, net (Note 6)-$2.0M-$1.0M$4.0M$0.0$1.0M-$9.0M
Add: dilutive effect of potential common shares (in shares)$1.0M$1.0M$0.0$1.0M$1.0M$0.0

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment and other income$28.0M$30.0M$23.0M$25.0M$27.0M$22.0M
Total revenue$5.1B$5.1B$5.2B$5.4B$5.3B$5.4B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$3.3B$3.4B$3.5B$3.6B$3.5B$3.6B