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Cognizant CTSH Net margin

Net margin at other companies

International Business Machines logo
International Business MachinesIBM
15.6%+6.9pp
Willis Towers Watson logo
Willis Towers WatsonWTW
16.8%
Accenture logo
AccentureACN
10.7%-1.0pp
TD SYNNEX logo
TD SYNNEXSNX
1.5%+0.4pp
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
23.3%+15.3pp
Ciena logo
CienaCIEN
7.9%+5.4pp

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$23.09B-22.5%
Enterprise value$22.68B-21.9%
P/E10.4×-2.3×
P/S1.1×-0.4×

Profitability

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Gross margin33.5%-0.7pp
Operating margin15.8%+0.6pp

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

Calculated from Cognizant’s reported figures.

Based on trailing twelve months.

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 margin?
Cognizant (CTSH) reported net margin of 10.4% in Q1 2026.
How has Cognizant's net margin changed year-over-year?
Cognizant's net margin decreased by 11.2% year-over-year, from 11.7% to 10.4%.
What is the long-term trend for Cognizant's net margin?
Over 4 years (2021 to 2025), Cognizant's net margin has grown at a 2.1% compound annual growth rate (CAGR), from 40.8% to 44.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.