What is Cognizant's pre-tax income?

Cognizant (CTSH) reported pre-tax income of $867M in Q1 2026.

How has Cognizant's pre-tax income changed year-over-year?

Cognizant's pre-tax income decreased by 0.6% year-over-year, from $872M to $867M.

What is the long-term trend for Cognizant's pre-tax income?

Over 4 years (2021 to 2025), Cognizant's pre-tax income has grown at a 5.3% compound annual growth rate (CAGR), from $2.83B to $3.48B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Cognizant CTSH Pre-Tax Income

Pre-Tax Income at other companies

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$1.39B+19.8%

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$17.34M+106%

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$2.62M-79.1%

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$376M+24.1%

ExlService HoldingsEXLS

$91.4M+14.0%

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$120.65M+27.8%

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$20.53B-48.2%

Enterprise value$20.12B-48.5%

P/E9.2×-7.1×

P/S1×-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×

Where this comes from

Reported directly by Cognizant in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments.

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 pre-tax income?: Cognizant (CTSH) reported pre-tax income of $867M in Q1 2026.
How has Cognizant's pre-tax income changed year-over-year?: Cognizant's pre-tax income decreased by 0.6% year-over-year, from $872M to $867M.
What is the long-term trend for Cognizant's pre-tax income?: Over 4 years (2021 to 2025), Cognizant's pre-tax income has grown at a 5.3% compound annual growth rate (CAGR), from $2.83B to $3.48B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.