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Cognizant

CTSH

Cognizant is a global professional services company that specializes in engineering modern businesses through AI-led digital transformation.

Market cap
$20.07B-49.7%
Revenue$21.4B+6.6%
Net income$2.2B-5.4%
Free cash flow$2.5B+15.8%
EPS (diluted)$4.60-3.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$5.5B
EPS estimate$1.38

Financials

Q1 2026

Income statement

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Revenue$5.4B+5.8%
Gross profit$1.8B+3.3%
Operating income$843.0M-1.2%
Net income$662.0M-0.2%
EPS (diluted)$1.39+3.7%

Balance sheet

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Cash & equivalents$1.5B-24.0%
Total debt$1.1B-7.4%
Total equity$15.1B+1.1%
Total assets$20.5B+2.7%

Cash flow

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Operating cash flow$274.0M-31.5%
CapEx$76.0M-1.3%
Free cash flow$198.0M-38.7%

Valuation & ratios

Valuation

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Market cap$20.07B-49.7%
Enterprise value$19.66B-50.0%
P/E-7.4×
P/S0.9×-1.0×

Profitability

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Gross margin33.5%-0.7pp
Operating margin15.8%+0.6pp
Net margin10.4%-1.3pp
FCF margin11.5%+0.9pp

Returns & leverage

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Return on equity14.9%-1.7pp
Debt / equity0.1×0.0×
Current ratio2.2×0.0×

Segments

By segment

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Financial Services$1.6B+12.4%
Healthcare Segment$1.6B+0.5%
Products and Resources$1.3B+3.4%
Communications, Media and Technology$869.0M+8.1%

By geography

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North America$4.1B+5.1%
Europe$1.0B+9.4%
Europe, excluding United Kingdom$530.0M+7.5%
Rest of World$322.0M+3.5%

By product

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Consulting And Technology Services$3.5B+8.2%
Outsourcing Services$1.9B+1.7%

Competitors

Profile

Cognizant is a global professional services company that specializes in engineering modern businesses through AI-led digital transformation. The company provides a comprehensive suite of services including consulting, application development, systems integration, and business process automation to help clients modernize technology and reimagine operations. Its core value proposition lies in combining deep industry expertise with advanced technical capabilities in cloud, data, and artificial intelligence.

Competitive position

A leading global provider of IT services with a massive delivery footprint in India and a strategic focus on becoming an AI-first professional services firm.

GeographiesNorth America, Europe, India, United Kingdom
Customer segmentsEnterprise, Fortune 500, Global 2000
Business modelProfessional Services, Managed Services, BPO, Software Licensing
SuppliersCloud infrastructure providers, Enterprise software vendors, Hardware manufacturers, Technical talent and labor markets
CustomersGlobal enterprises, Government agencies, Healthcare networks, Financial institutions
Listed1998
Employees344.4K
CEORavi Kumar Singisetti
FilingsSEC EDGAR

Questions, answered.

What is Cognizant's market cap?
Cognizant (CTSH) has a market capitalization of $20.1B and trades on NASDAQ.
What is Cognizant's revenue and profitability?
Cognizant generated $21.4B in trailing twelve-month revenue with net income of $2.2B, representing a net margin of 10.4%. Gross margin stands at 33.5%, with free cash flow of $2.5B. These figures are based on the Q1 2026 filing.
Who are Cognizant's competitors?
Cognizant's key competitors include Accenture, IBM Consulting, Infosys, and others. These companies compete in similar markets and product categories.
Who does Cognizant partner with?
Cognizant's notable partners include Amazon Web Services, Google, Microsoft, and others.
Where is Cognizant headquartered?
Cognizant is headquartered in United States of America and employs approximately 344,400 people. It has been publicly traded since 1998.