Cognizant Technology Solutions Quarterly Income Statement
NASDAQ: CTSHTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cognizant Technology Solutions revenue and earnings
In the quarter ended Mar 31, 2026, Cognizant Technology Solutions generated $5.41 billion in revenue, up 5.8% from the same quarter a year earlier. Net income was $662.0 million (-0.2% year over year), for a net margin of 12.2% versus a median of 12.2% in the prior 5 quarters. Gross margin was 32.8% (down from 33.6%) and operating margin 15.6%.
Diluted earnings per share came in at $1.39, up from $1.34.
Summary generated from market data by MetaCap's automated system. Methodology
Cognizant Technology Solutions income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.41B | 5.33B | 5.42B | 5.25B | 5.12B | 5.08B | 5.04B | 4.85B | 4.76B | 4.76B | 4.90B | 4.89B |
| Revenue growth (YoY) | +5.83% | +4.94% | +7.36% | +8.14% | +7.46% | +6.81% | +3.00% | -0.74% | -1.08% | -1.67% | +0.82% | -0.41% |
| Cost of Revenue | 3.64B | 3.53B | 3.58B | 3.48B | 3.40B | 3.30B | 3.31B | 3.20B | 3.15B | 3.08B | 3.21B | 3.23B |
| Gross Profit | 1.77B | 1.80B | 1.83B | 1.77B | 1.72B | 1.78B | 1.73B | 1.65B | 1.61B | 1.68B | 1.69B | 1.66B |
| Operating Expenses | 932.00M | 946.00M | 968.00M | 949.00M | 865.00M | 1.03B | 995.00M | 938.00M | 919.00M | 953.00M | 1.00B | 1.08B |
| Selling, General & Admin | 791.00M | 806.00M | 833.00M | 810.00M | 791.00M | 844.00M | 833.00M | 781.00M | 765.00M | 786.00M | 801.00M | 830.00M |
| Operating Income | 843.00M | 853.00M | 866.00M | 817.00M | 853.00M | 751.00M | 738.00M | 708.00M | 695.00M | 724.00M | 686.00M | 577.00M |
| Interest Expense | 7.00M | 8.00M | 8.00M | 9.00M | 12.00M | 19.00M | 14.00M | 10.00M | 11.00M | 11.00M | 11.00M | 10.00M |
| Other Income (Expense) | 24.00M | 25.00M | 21.00M | 25.00M | 19.00M | -11.00M | 10.00M | 20.00M | 27.00M | 25.00M | 27.00M | 10.00M |
| Pretax Income | 867.00M | 878.00M | 887.00M | 842.00M | 872.00M | 740.00M | 748.00M | 728.00M | 722.00M | 749.00M | 713.00M | 587.00M |
| Income Tax | 208.00M | 235.00M | 613.00M | 197.00M | 213.00M | 199.00M | 170.00M | 165.00M | 179.00M | 195.00M | 191.00M | 124.00M |
| Net Income | 662.00M | 648.00M | 274.00M | 645.00M | 663.00M | 546.00M | 582.00M | 566.00M | 546.00M | 558.00M | 525.00M | 463.00M |
| Net Income growth (YoY) | -0.15% | +18.68% | -52.92% | +13.96% | +21.43% | -2.15% | +10.86% | +22.25% | -5.86% | +7.10% | -16.53% | -19.76% |
| EPS (Basic) | 1.39 | 1.36 | 0.56 | 1.31 | 1.34 | 1.11 | 1.17 | 1.14 | 1.10 | 1.11 | 1.04 | 0.92 |
| EPS (Diluted) | 1.39 | 1.35 | 0.56 | 1.31 | 1.34 | 1.10 | 1.17 | 1.14 | 1.10 | 1.12 | 1.04 | 0.91 |
| Shares Outstanding (Basic) | 477.00M | — | 486.00M | 492.00M | 494.00M | — | 496.00M | 497.00M | 497.00M | — | 504.00M | 506.00M |
| Shares Outstanding (Diluted) | 477.00M | — | 487.00M | 492.00M | 495.00M | — | 496.00M | 498.00M | 498.00M | — | 505.00M | 507.00M |
| EBITDA | 984.00M | 993.00M | 1.00B | 956.00M | 989.00M | 894.00M | 871.00M | 841.00M | 828.00M | 860.00M | 832.00M | 718.00M |
| Gross Margin | 32.79% | 33.73% | 33.87% | 33.67% | 33.59% | 35.12% | 34.36% | 33.94% | 33.91% | 35.25% | 34.47% | 33.87% |
| Operating Margin | 15.57% | 15.99% | 15.99% | 15.58% | 16.68% | 14.78% | 14.63% | 14.60% | 14.60% | 15.22% | 14.01% | 11.81% |
| Net Margin | 12.23% | 12.15% | 5.06% | 12.30% | 12.96% | 10.74% | 11.54% | 11.67% | 11.47% | 11.73% | 10.72% | 9.48% |
This table shows 12 quarterly periods of Cognizant Technology Solutions's income statement, from Q1 2026 back to Q2 2023, 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?