Cognizant Technology Solutions Corporation (CTSH)
NASDAQ: CTSH · Real-Time Price · USD
64.17
-0.83 (-1.28%)
Nov 11, 2026, 11:13 AM EST - Market open
CTSH Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 5,664 | 5,481 | 5,413 | 5,333 | 5,415 | 5,245 | 5,115 | 5,082 | 5,044 | 4,850 | 4,760 | 4,758 | 4,897 | 4,886 | 4,812 | 4,839 | 4,857 | 4,906 | 4,826 | 4,777 | |
Revenue Growth (YoY) | 4.60% | 4.50% | 5.83% | 4.94% | 7.36% | 8.14% | 7.46% | 6.81% | 3.00% | -0.74% | -1.08% | -1.67% | 0.82% | -0.41% | -0.29% | 1.30% | 2.38% | 7.00% | 9.66% | 14.17% |
Cost of Revenue | 3,751 | 3,652 | 3,638 | 3,534 | 3,581 | 3,479 | 3,397 | 3,297 | 3,311 | 3,204 | 3,146 | 3,081 | 3,209 | 3,231 | 3,143 | 3,093 | 3,080 | 3,119 | 3,097 | 3,019 |
Gross Profit | 1,913 | 1,829 | 1,775 | 1,799 | 1,834 | 1,766 | 1,718 | 1,785 | 1,733 | 1,646 | 1,614 | 1,677 | 1,688 | 1,655 | 1,669 | 1,746 | 1,777 | 1,787 | 1,729 | 1,758 |
Selling, General & Admin | 841 | 728 | 791 | 806 | 833 | 810 | 791 | 844 | 833 | 781 | 765 | 784 | 801 | 830 | 823 | 861 | 838 | 883 | 859 | 877 |
Operating Expenses | 990 | 871 | 932 | 946 | 968 | 949 | 927 | 985 | 962 | 909 | 896 | 911 | 930 | 961 | 955 | 1,002 | 979 | 1,027 | 1,002 | 1,021 |
Operating Income | 923 | 958 | 843 | 853 | 866 | 817 | 791 | 800 | 771 | 737 | 718 | 766 | 758 | 694 | 714 | 744 | 798 | 760 | 727 | 737 |
Interest Expense | -19 | -13 | -7 | -8 | -8 | -9 | -12 | -19 | -14 | -10 | -11 | -11 | -11 | -10 | -9 | -8 | -6 | -3 | -2 | -2 |
Interest & Investment Income | 16 | 18 | 22 | 27 | 25 | 23 | 30 | 28 | 31 | 30 | 30 | 34 | 32 | 30 | 30 | 27 | 17 | 9 | 6 | 7 |
Earnings From Equity Investments | 1 | -8 | 3 | 5 | - | - | 4 | 5 | 4 | 3 | 3 | 4 | 3 | - | - | - | - | - | 4 | 1 |
Currency Exchange Gain (Loss) | 2 | 7 | 18 | 5 | 4 | 7 | 2 | -18 | -8 | 1 | 6 | -1 | - | -9 | 12 | 8 | 3 | -4 | - | -1 |
Other Non Operating Income (Expenses) | -8 | -11 | -9 | 1 | - | 4 | -1 | -2 | 1 | -1 | 2 | 3 | 6 | -1 | 3 | 1 | - | -1 | 1 | 1 |
EBT Excluding Unusual Items | 915 | 951 | 870 | 883 | 887 | 842 | 814 | 794 | 785 | 760 | 748 | 795 | 788 | 704 | 750 | 772 | 812 | 761 | 736 | 743 |
Merger & Restructuring Charges | -51 | -84 | - | - | - | - | - | -49 | -33 | -29 | -23 | -40 | -72 | -117 | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | 62 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -59 | - | - | - | -11 |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | -2 | - | - | -12 | 1 | - | - | -3 | 6 |
Pretax Income | 864 | 867 | 870 | 883 | 887 | 842 | 876 | 745 | 752 | 731 | 725 | 753 | 716 | 587 | 738 | 714 | 812 | 761 | 733 | 738 |
Income Tax Expense | 237 | 231 | 208 | 235 | 613 | 197 | 213 | 199 | 170 | 165 | 179 | 195 | 191 | 124 | 158 | 193 | 183 | 184 | 170 | 162 |
Net Income | 627 | 636 | 662 | 648 | 274 | 645 | 663 | 546 | 582 | 566 | 546 | 558 | 525 | 463 | 580 | 521 | 629 | 577 | 563 | 576 |
Net Income to Common | 627 | 636 | 662 | 648 | 274 | 645 | 663 | 546 | 582 | 566 | 546 | 558 | 525 | 463 | 580 | 521 | 629 | 577 | 563 | 576 |
Net Income Growth (YoY) | 128.83% | -1.40% | -0.15% | 18.68% | -52.92% | 13.96% | 21.43% | -2.15% | 10.86% | 22.25% | -5.86% | 7.10% | -16.53% | -19.76% | 3.02% | -9.55% | 15.63% | 12.70% | 11.48% | 82.28% |
Shares Outstanding (Basic) | 450 | 466 | 477 | 481 | 486 | 492 | 494 | 495 | 496 | 497 | 497 | 500 | 504 | 506 | 509 | 512 | 516 | 520 | 524 | 525 |
Shares Outstanding (Diluted) | 450 | 466 | 477 | 482 | 487 | 492 | 495 | 496 | 496 | 498 | 498 | 501 | 505 | 507 | 509 | 513 | 517 | 521 | 525 | 526 |
Shares Change (YoY) | -7.60% | -5.29% | -3.64% | -2.82% | -1.81% | -1.21% | -0.60% | -1.00% | -1.78% | -1.77% | -2.16% | -2.34% | -2.32% | -2.69% | -3.05% | -2.47% | -1.71% | -1.33% | -1.13% | -1.50% |
EPS (Basic) | 1.39 | 1.36 | 1.39 | 1.35 | 0.56 | 1.31 | 1.34 | 1.10 | 1.17 | 1.14 | 1.10 | 1.12 | 1.04 | 0.92 | 1.14 | 1.02 | 1.22 | 1.11 | 1.07 | 1.10 |
EPS (Diluted) | 1.39 | 1.36 | 1.39 | 1.35 | 0.56 | 1.31 | 1.34 | 1.10 | 1.17 | 1.14 | 1.10 | 1.12 | 1.04 | 0.91 | 1.14 | 1.01 | 1.22 | 1.11 | 1.07 | 1.09 |
EPS Growth (YoY) | 148.21% | 3.82% | 3.57% | 22.13% | -52.14% | 15.03% | 21.97% | -1.23% | 12.50% | 25.15% | -3.59% | 10.65% | -14.68% | -17.99% | 6.49% | -7.82% | 18.35% | 14.39% | 12.63% | 85.35% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 925 | 459 | 198 | 781 | 1,160 | 331 | 323 | 837 | 791 | 183 | 16 | 659 | 755 | -32 | 631 | 612 | 953 | 485 | 186 | 760 |
Free Cash Flow Per Share | 2.06 | 0.98 | 0.41 | 1.62 | 2.38 | 0.67 | 0.65 | 1.69 | 1.59 | 0.37 | 0.03 | 1.31 | 1.50 | -0.06 | 1.24 | 1.19 | 1.84 | 0.93 | 0.35 | 1.45 |
Dividend Per Share | 0.330 | 0.330 | 0.330 | 0.330 | 0.310 | 0.310 | 0.310 | 0.310 | 0.300 | 0.300 | 0.300 | 0.290 | 0.290 | 0.290 | 0.290 | 0.290 | 0.270 | 0.270 | 0.270 | 0.270 |
Dividend Growth (YoY) | 6.45% | 6.45% | 6.45% | 6.45% | 3.33% | 3.33% | 3.33% | 6.90% | 3.45% | 3.45% | 3.45% | 0% | 7.41% | 7.41% | 7.41% | 7.41% | 12.50% | 12.50% | 12.50% | 22.73% |
Gross Margin | 33.77% | 33.37% | 32.79% | 33.73% | 33.87% | 33.67% | 33.59% | 35.12% | 34.36% | 33.94% | 33.91% | 35.25% | 34.47% | 33.87% | 34.68% | 36.08% | 36.59% | 36.43% | 35.83% | 36.80% |
Operating Margin | 16.30% | 17.48% | 15.57% | 16.00% | 15.99% | 15.58% | 15.46% | 15.74% | 15.29% | 15.20% | 15.08% | 16.10% | 15.48% | 14.20% | 14.84% | 15.38% | 16.43% | 15.49% | 15.06% | 15.43% |
Profit Margin | 11.07% | 11.60% | 12.23% | 12.15% | 5.06% | 12.30% | 12.96% | 10.74% | 11.54% | 11.67% | 11.47% | 11.73% | 10.72% | 9.48% | 12.05% | 10.77% | 12.95% | 11.76% | 11.67% | 12.06% |
Free Cash Flow Margin | 16.33% | 8.37% | 3.66% | 14.64% | 21.42% | 6.31% | 6.31% | 16.47% | 15.68% | 3.77% | 0.34% | 13.85% | 15.42% | -0.66% | 13.11% | 12.65% | 19.62% | 9.89% | 3.85% | 15.91% |
EBITDA | 1,072 | 1,101 | 984 | 950 | 1,001 | 956 | 927 | 894 | 911 | 863 | 851 | 856 | 887 | 825 | 846 | 848 | 939 | 904 | 870 | 848 |
EBITDA Margin | 18.93% | 20.09% | 18.18% | 17.81% | 18.49% | 18.23% | 18.12% | 17.59% | 18.06% | 17.79% | 17.88% | 17.99% | 18.11% | 16.89% | 17.58% | 17.52% | 19.33% | 18.43% | 18.03% | 17.75% |
D&A For EBITDA | 149 | 143 | 141 | 97 | 135 | 139 | 136 | 94 | 140 | 126 | 133 | 90 | 129 | 131 | 132 | 104 | 141 | 144 | 143 | 111 |
EBIT | 923 | 958 | 843 | 853 | 866 | 817 | 791 | 800 | 771 | 737 | 718 | 766 | 758 | 694 | 714 | 744 | 798 | 760 | 727 | 737 |
EBIT Margin | 16.30% | 17.48% | 15.57% | 16.00% | 15.99% | 15.58% | 15.46% | 15.74% | 15.29% | 15.20% | 15.08% | 16.10% | 15.48% | 14.20% | 14.84% | 15.38% | 16.43% | 15.49% | 15.06% | 15.43% |
Effective Tax Rate | 27.43% | 26.64% | 23.91% | 26.61% | 69.11% | 23.40% | 24.32% | 26.71% | 22.61% | 22.57% | 24.69% | 25.90% | 26.68% | 21.12% | 21.41% | 27.03% | 22.54% | 24.18% | 23.19% | 21.95% |