What is Cognizant's total cost of revenue?

Cognizant (CTSH) reported total cost of revenue of $3.64B in Q1 2026.

How has Cognizant's total cost of revenue changed year-over-year?

Cognizant's total cost of revenue increased by 7.1% year-over-year, from $3.4B to $3.64B.

What is the long-term trend for Cognizant's total cost of revenue?

Over 4 years (2021 to 2025), Cognizant's total cost of revenue has grown at a 4.8% compound annual growth rate (CAGR), from $11.6B to $13.99B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Cognizant CTSH Total Cost of Revenue

Total Cost of Revenue at other companies

International Business MachinesIBM

$6.97B+7.0%

TTEC Holdings, Inc.TTEC

$387.87M-6.4%

ExlService HoldingsEXLS

$348.27M+13.2%

EPAM SystemsEPAM

$1.01B+6.3%

GenpactG

$824.4M+4.9%

Mastech DigitalMHH

$30.06M-15.2%

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$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

See full

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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 total cost of revenue?: Cognizant (CTSH) reported total cost of revenue of $3.64B in Q1 2026.
How has Cognizant's total cost of revenue changed year-over-year?: Cognizant's total cost of revenue increased by 7.1% year-over-year, from $3.4B to $3.64B.
What is the long-term trend for Cognizant's total cost of revenue?: Over 4 years (2021 to 2025), Cognizant's total cost of revenue has grown at a 4.8% compound annual growth rate (CAGR), from $11.6B to $13.99B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.