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Cognizant CTSH Net Income

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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%
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:NetIncomeLoss.

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 net income?
Cognizant (CTSH) reported net income of $662M in Q1 2026.
How has Cognizant's net income changed year-over-year?
Cognizant's net income decreased by 0.2% year-over-year, from $663M to $662M.
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.