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Other financials

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

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Market cap$18.32B-48.1%
Enterprise value$17.91B-48.3%
P/E8.2×-6.3×
P/S0.9×-0.9×

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×

Where this comes from

Reported directly by Cognizant in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

The official record: Cognizant’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognizant's D&A?
Cognizant (CTSH) reported D&A of $141M in Q1 2026.
How has Cognizant's D&A changed year-over-year?
Cognizant's D&A increased by 3.7% year-over-year, from $136M to $141M.
What is the long-term trend for Cognizant's D&A?
Over 4 years (2021 to 2025), Cognizant's D&A has grown at a -1.1% compound annual growth rate (CAGR), from $574M to $550M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.