Cognizant Technology Solutions Corporation (CTSH)

CTSH Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	20,486	19,736	19,353	19,428	18,507	16,652
Revenue Growth (YoY)	6.34%	1.98%	-0.39%	4.98%	11.14%	-0.78%
Cost of Revenue	13,484	12,958	12,664	12,448	11,604	10,671
Gross Profit	7,002	6,778	6,689	6,980	6,903	5,981
Selling, General & Admin	3,278	3,223	3,252	3,443	3,503	3,100
Depreciation & Amortization Expenses	545	529	519	569	574	552
Other Operating Expenses	82	134	229	-	-	215
Total Operating Expenses	3,905	3,886	4,000	4,012	4,077	3,867
Operating Income	3,097	2,892	2,689	2,968	2,826	2,114
Interest Income	112	119	126	59	30	119
Interest Expense	-54	-54	-41	-19	-9	-24
Other Non-Operating Income (Expense)	-15	-19	13	8	-20	-113
Total Non-Operating Income (Expense)	43	46	98	48	1	-18
Pretax Income	3,202	2,938	2,787	3,016	2,827	2,096
Provision for Income Taxes	779	713	668	730	693	704
Net Income	2,436	2,240	2,126	2,290	2,137	1,392
Minority Interest in Earnings	-13	-15	-7	-4	-3	-
Net Income to Common	2,436	2,240	2,126	2,290	2,137	1,392
Net Income Growth	10.98%	5.36%	-7.16%	7.16%	53.52%	-24.43%
Shares Outstanding (Basic)	494	496	505	518	527	540
Shares Outstanding (Diluted)	495	497	505	519	528	541
Shares Change (YoY)	-1.00%	-1.58%	-2.70%	-1.70%	-2.40%	-3.39%
EPS (Basic)	4.93	4.52	4.21	4.42	4.06	2.58
EPS (Diluted)	4.92	4.51	4.21	4.41	4.05	2.57
EPS Growth	11.82%	7.13%	-4.54%	8.89%	57.59%	-21.88%
Free Cash Flow	2,282	1,827	2,013	2,236	2,216	2,901
Free Cash Flow Growth	24.90%	-9.24%	-9.97%	0.90%	-23.61%	37.68%
Free Cash Flow Per Share	4.61	3.68	3.99	4.31	4.20	5.36
Dividends Per Share	1.230	1.210	1.160	1.080	0.990	0.880
Dividend Growth	1.65%	4.31%	7.41%	9.09%	12.50%	10.00%
Gross Margin	34.18%	34.34%	34.56%	35.93%	37.30%	35.92%
Operating Margin	15.12%	14.65%	13.89%	15.28%	15.27%	12.70%
Profit Margin	11.83%	11.27%	10.95%	11.77%	11.53%	8.36%
FCF Margin	11.14%	9.26%	10.40%	11.51%	11.97%	17.42%
EBITDA	3,648	3,434	3,244	3,537	3,400	2,673
EBITDA Margin	17.81%	17.40%	16.76%	18.21%	18.37%	16.05%
EBIT	3,097	2,892	2,689	2,968	2,826	2,114
EBIT Margin	15.12%	14.65%	13.89%	15.28%	15.27%	12.70%
Effective Tax Rate	24.33%	24.27%	23.97%	24.20%	24.51%	33.59%

Updated Jul 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q