Cognizant Technology Solutions Financial Statements
NASDAQ: CTSHTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cognizant Technology Solutions revenue and earnings
In fiscal 2025, Cognizant Technology Solutions generated $21.11 billion in revenue, up 7.0% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $2.23 billion (-0.4% year over year), for a net margin of 10.6% versus a median of 11.3% in the prior 5 years. Gross margin was 33.7% (down from 34.3%) and operating margin 16.1%.
Diluted earnings per share came in at $4.56, up from $4.51. Over the last 5 fiscal years, CTSH's revenue has grown at a 4.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cognizant Technology Solutions income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.11B | 19.74B | 19.35B | 19.43B | 18.51B | 16.65B | 16.78B | 16.13B | 14.81B | 13.49B |
| Revenue growth (YoY) | +6.95% | +1.98% | -0.39% | +4.98% | +11.14% | -0.78% | +4.08% | +8.88% | +9.81% | +8.63% |
| Cost of Revenue | 13.99B | 12.96B | 12.66B | 12.45B | 11.60B | 10.67B | 10.63B | 9.84B | 9.15B | — |
| Gross Profit | 7.12B | 6.78B | 6.69B | 6.98B | 6.90B | 5.98B | 6.15B | 6.29B | 5.66B | — |
| Operating Expenses | 3.73B | 3.89B | 4.00B | 4.01B | 4.08B | 3.87B | 3.70B | 3.49B | 3.18B | — |
| Selling, General & Admin | 3.24B | 3.22B | 3.25B | 3.44B | 3.50B | 3.10B | 2.97B | 3.01B | 2.70B | 2.73B |
| Operating Income | 3.39B | 2.89B | 2.69B | 2.97B | 2.83B | 2.11B | 2.45B | 2.80B | 2.48B | 2.29B |
| Interest Expense | 37.00M | 54.00M | 41.00M | 19.00M | 9.00M | 24.00M | 26.00M | 27.00M | 23.00M | 19.00M |
| Other Income (Expense) | 90.00M | 46.00M | 98.00M | 48.00M | 1.00M | -18.00M | 90.00M | -4.00M | 174.00M | 68.00M |
| Pretax Income | 3.48B | 2.94B | 2.79B | 3.02B | 2.83B | 2.10B | 2.54B | 2.80B | 2.65B | 2.36B |
| Income Tax | 1.26B | 713.00M | 668.00M | 730.00M | 693.00M | 704.00M | 643.00M | 698.00M | 1.15B | 805.00M |
| Net Income | 2.23B | 2.24B | 2.13B | 2.29B | 2.14B | 1.39B | 1.84B | 2.10B | 1.50B | 1.55B |
| Net Income growth (YoY) | -0.45% | +5.36% | -7.16% | +7.16% | +53.52% | -24.43% | -12.33% | +39.69% | -3.16% | -4.37% |
| EPS (Basic) | 4.57 | 4.52 | 4.21 | 4.42 | 4.06 | 2.58 | 3.30 | 3.61 | 2.54 | 2.56 |
| EPS (Diluted) | 4.56 | 4.51 | 4.21 | 4.41 | 4.05 | 2.57 | 3.29 | 3.60 | 2.53 | 2.55 |
| Shares Outstanding (Basic) | 488.00M | 496.00M | 505.00M | 518.00M | 527.00M | 540.00M | 559.00M | 582.00M | 593.00M | 607.00M |
| Shares Outstanding (Diluted) | 489.00M | 497.00M | 505.00M | 519.00M | 528.00M | 541.00M | 560.00M | 584.00M | 595.00M | 610.00M |
| EBITDA | 3.94B | 3.43B | 3.24B | 3.54B | 3.40B | 2.67B | 2.98B | 3.30B | 2.92B | 2.67B |
| Gross Margin | 33.72% | 34.34% | 34.56% | 35.93% | 37.30% | 35.92% | 36.64% | 38.99% | 38.20% | — |
| Operating Margin | 16.06% | 14.65% | 13.89% | 15.28% | 15.27% | 12.70% | 14.62% | 17.37% | 16.75% | 16.97% |
| Net Margin | 10.56% | 11.35% | 10.99% | 11.79% | 11.55% | 8.36% | 10.98% | 13.03% | 10.16% | 11.51% |
This table shows 10 annual periods of Cognizant Technology Solutions's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CTSH's reporting calendar. What is a income statement?