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Cognizant CTSH Net Income

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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%
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$27.97B-20.8%
Enterprise value$29.02B-16.3%
P/E12.6×-1.9×
P/S1.3×-0.4×

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

Reported directly by Cognizant in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Jul 29, 2026, 9:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001058290-26-000031
(in millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income before provision for income taxes8758421,7421,714
Provision for income taxes(231)(197)(439)(410)
Income (loss) from equity method investments(8)(5)4
Net income$636$645$1,298$1,308
Basic earnings per share$1.36$1.31$2.76$2.65
Diluted earnings per share$1.36$1.31$2.75$2.65
Weighted average number of common shares outstanding - Basic466492471493
Dilutive effect of shares issuable under stock-based compensation plans1

Item 1. Financial Statements.

FAQ

What is Cognizant's net income?
Cognizant (CTSH) reported net income of $636M in Q2 2026.
How has Cognizant's net income changed year-over-year?
Cognizant's net income decreased by 1.4% year-over-year, from $645M to $636M.
What is the long-term trend for Cognizant's net income?
Over 4 years (2021 to 2025), Cognizant's net income has grown at a 1.1% compound annual growth rate (CAGR), from $2.14B to $2.23B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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