Income StatementBalance SheetCash FlowSegments
Cognizant logo

Cognizant Business Segments

Business, geographic, and product segment breakdowns

Cognizant generates $21.4B in annual revenue across 4 key segments: Communications, Media and Technology ($3.3B), Financial Services ($6.4B), Healthcare Segment ($6.4B), and Products and Resources ($5.3B). The company-wide operating margin is 15.79%. Based on the Q1 2026 filing.

Communications, Media and Technology (TTM)$3.3BFinancial Services (TTM)$6.4BHealthcare Segment (TTM)$6.4BProducts and Resources (TTM)$5.3B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$24.3B
P/E Ratio10.91
ROE14.88%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consulting And Technology Services$3.2B$3.2B$3.4B$3.5B$3.4B$3.5B
Outsourcing Services$1.8B$1.9B$1.9B$1.9B$1.9B$1.9B

Geographic

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America$3.8B$3.9B$3.9B$4.0B$4.0B$4.1B
Europe$939.0M$950.0M$1.0B$1.0B$1.0B$1.0B
Europe, excluding United Kingdom$494.0M$493.0M$520.0M$539.0M$538.0M$530.0M
Rest of World$321.0M$311.0M$331.0M$345.0M$329.0M$322.0M

Long-Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe$72.0M———$67.0M—
North America$338.0M———$300.0M—
Rest of World$584.0M———$566.0M—

PP&E (Net)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rest of World$584.0M$588.0M$582.0M$568.0M$566.0M$581.0M
North America$338.0M$327.0M$319.0M$311.0M$300.0M$307.0M
Europe$72.0M$73.0M$75.0M$70.0M$67.0M$67.0M

Business Segments

Foreign currency translation adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Communications, Media and Technology-$4.5M$8.8M$8.8M$8.8M$8.8M—
Financial Services-$7.0M$12.0M$12.0M$12.0M$12.0M—
Health Sciences-$3.3M$5.0M$5.0M$5.0M$5.0M—
Products and Resources-$7.8M$12.5M$12.5M$12.5M$12.5M—

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Communications, Media and Technology$1.0B———$1.1B—
Financial Services$1.1B———$1.2B—
Health Sciences$2.9B———$2.9B—
Products and Resources$1.9B———$1.9B—

Goodwill, Acquired During Period

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Communications, Media and Technology$36.0M$0.0$0.0$0.0$0.0—
Financial Services$12.0M$0.0$0.0$0.0$0.0—
Health Sciences$17.0M$0.0$0.0$0.0$0.0—
Products and Resources$174.5M$0.0$0.0$0.0$0.0—

Income from operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Healthcare Segment$406.0M$288.0M$254.0M$262.0M$259.0M$315.0M
Financial Services$126.0M$243.0M$303.0M$314.0M$310.0M$252.0M
Products and Resources$210.0M$179.0M$187.0M$191.0M$204.0M$178.0M
Communications, Media and Technology$112.0M$81.0M$115.0M$115.0M$114.0M$98.0M

Other Segment Items

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Services$1.2B$1.2B$1.3B$1.3B$1.3B$1.4B
Healthcare Segment$1.3B$1.3B$1.2B$1.3B$1.3B$1.3B
Products and Resources$1.1B$1.1B$1.1B$1.2B$1.1B$1.1B
Communications, Media and Technology$719.0M$723.0M———$771.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Services$1.4B$1.5B$1.5B$1.6B$1.6B$1.6B
Healthcare Segment$1.5B$1.6B$1.6B$1.6B$1.6B$1.6B
Products and Resources$1.3B$1.3B$1.3B$1.4B$1.3B$1.3B
Communications, Media and Technology$817.3M$804.0M———$869.0M