Cognizant Technology Solutions Corporation financials

Key figures from Cognizant Technology Solutions Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$5.7B$5.4B+4.6%
Net income$627M$274M+128.8%
Free cash flow$925M$1.2B-20.3%
Gross margin———
Operating margin15.4%16.0%-0.6 pts
Net margin11.1%5.1%+6.0 pts

Quarterly trend

Revenue by quarter
$4.8BDec 2023*$4.8BMar 2024$4.8BJun 2024$5.0BSep 2024$5.1BDec 2024*$5.1BMar 2025$5.2BJun 2025$5.4BSep 2025$5.3BDec 2025*$5.4BMar 2026$5.5BJun 2026$5.7BSep 2026
Net income by quarter
$558MDec 2023*$546MMar 2024$566MJun 2024$582MSep 2024$546MDec 2024*$663MMar 2025$645MJun 2025$274MSep 2025$648MDec 2025*$662MMar 2026$636MJun 2026$627MSep 2026
Free cash flow by quarter
$659MDec 2023*$16MMar 2024$183MJun 2024$791MSep 2024$837MDec 2024*$323MMar 2025$331MJun 2025$1.2BSep 2025$781MDec 2025*$198MMar 2026$459MJun 2026$925MSep 2026
Margins by quarter
3%11%18%Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 202615.2%14.6%14.6%14.6%14.8%16.7%15.6%16.0%16.0%15.6%15.9%15.4%11.7%11.5%11.7%11.5%10.7%13.0%12.3%5.1%12.2%12.2%11.6%11.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$21.1B$2.2B10.6%$2.6B$4.56
FY Dec 2024$19.7B$2.2B11.3%$1.8B$4.51
FY Dec 2023$19.4B$2.1B11.0%$2.0B$4.21
FY Dec 2022$19.4B$2.3B11.8%$2.2B$4.41
FY Dec 2021$18.5B$2.1B11.5%$2.2B$4.05

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.