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Other financials

Income statement

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Revenue$5.5B+4.5%
Gross profit$1.8B+3.6%
Operating income$874.0M+7.0%
Net income$636.0M-1.4%
EPS (diluted)$1.36+3.8%

Balance sheet

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Cash & equivalents$1.0B-42.2%
Total debt$2.1B+77.9%
Total equity$14.5B-5.4%
Total assets$20.8B+3.3%

Cash flow

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Operating cash flow$558.0M+40.2%
CapEx$99.0M+47.8%
Free cash flow$459.0M+38.7%

Valuation

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Market cap$24.93B-28.4%
Enterprise value$25.99B-24.0%
P/E11.2×-3.1×
P/S1.2×-0.5×

Profitability

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Gross margin33.4%-0.7pp
Operating margin15.9%+0.5pp
Net margin10.3%-1.6pp
FCF margin12%+0.9pp

Returns & leverage

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Return on equity14.9%-1.8pp
Debt / equity0.1×+0.1×
Current ratio2.2×-0.2×

Where this comes from

Calculated from Cognizant’s reported figures.

The source filing: Cognizant’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 9:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001058290-26-000031

FAQ

What is Cognizant's EBIT?
Cognizant (CTSH) reported EBIT of $874M in Q2 2026.
How has Cognizant's EBIT changed year-over-year?
Cognizant's EBIT increased by 7.0% year-over-year, from $817M to $874M.
What is the long-term trend for Cognizant's EBIT?
Over 4 years (2021 to 2025), Cognizant's EBIT has grown at a 4.6% compound annual growth rate (CAGR), from $2.83B to $3.39B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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