Cognizant Technology Solutions Corporation (CTSH) income statement
NASDAQ · Technology · Information Technology Services · 356,700 employees · CEO Ravi Kumar Singisetti
- Price
- $65.11 +4.14%
- Market cap
- $29.1B
- Enterprise value
- $29.7B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-03 EPS est. $1.51
Cognizant Technology Solutions Corporation (CTSH) reported revenue of $5.66B for Q3 '26 (+4.6% year on year), operating income of $872M (15.4% of revenue) and net income of $627M. Over the last four quarters revenue was $21.9B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.76B | $4.76B | $4.85B | $5.04B | $5.08B | $5.12B | $5.25B | $5.42B | $5.33B | $5.41B | $5.48B | $5.66B | |
| Cost of revenue | $3.08B | $3.15B | $3.2B | $3.31B | $3.3B | $3.4B | $3.48B | $3.58B | $3.67B | $3.81B | $3.65B | $3.75B | |
| Gross profit | $1.68B | $1.61B | $1.65B | $1.73B | $1.79B | $1.72B | $1.77B | $1.83B | $1.66B | $1.6B | $1.83B | $1.91B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $841M | |
| Other operating expenses | $167M | $154M | $157M | $162M | $190M | $74M | $139M | $135M | $0 | $0 | $227M | $200M | |
| Operating expenses | $953M | $919M | $938M | $995M | $1.03B | $865M | $949M | $968M | $806M | $787M | $955M | $1.04B | |
| Operating income | $724M | $695M | $708M | $738M | $751M | $853M | $817M | $866M | $853M | $817M | $874M | $872M | |
| Interest income | $34M | $30M | $30M | $31M | $28M | $30M | $23M | $25M | $27M | $22M | $18M | $16M | |
| Interest expense | $11M | $11M | $10M | $14M | $19M | $12M | $9M | $8M | $8M | $7M | $13M | $19M | |
| Other non-operating income (gains on investments, FX ...) | -$36M | -$38M | -$30M | -$24M | -$8M | -$31M | -$34M | -$29M | -$33M | -$60M | -$14M | -$10M | |
| Total non-operating income | $29M | $30M | $23M | $14M | -$6M | $23M | $25M | $21M | $30M | $53M | $1M | -$9M | |
| Income before tax | $753M | $725M | $731M | $752M | $745M | $876M | $842M | $887M | $883M | $870M | $875M | $863M | |
| Income tax | $195M | $179M | $165M | $170M | $199M | $213M | $197M | $613M | $235M | $208M | $231M | $237M | |
| Net income | $558M | $546M | $566M | $582M | $546M | $663M | $645M | $274M | $648M | $662M | $636M | $627M | |
| EPS (basic) | $1.12 | $1.10 | $1.14 | $1.17 | $1.10 | $1.34 | $1.31 | $0.56 | $1.35 | $1.39 | $1.36 | $1.39 | |
| EPS (diluted) | $1.11 | $1.10 | $1.14 | $1.17 | $1.10 | $1.34 | $1.31 | $0.56 | $1.34 | $1.39 | $1.36 | $1.39 | |
| Shares (basic, weighted) | 500M | 497M | 497M | 496M | 496M | 494M | 492M | 486M | 481M | 477M | 466M | 450M | |
| Shares (diluted, weighted) | 501M | 498M | 498M | 496M | 497M | 495M | 492M | 487M | 482M | 477M | 466M | 450M | |
| Depreciation & amortization | $136M | $133M | $133M | $133M | $143M | $136M | $139M | $135M | $140M | $141M | $143M | $149M | |
| EBITDA | $896M | $866M | $871M | $895M | $902M | $1.02B | $990M | $1.03B | $1.03B | $1.02B | $1.03B | $1.03B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.5B | $14.8B | $16.1B | $16.8B | $16.7B | $18.5B | $19.4B | $19.4B | $19.7B | $21.1B | |
| Cost of revenue | $8.11B | $9.15B | $9.84B | $10.6B | $10.7B | $11.6B | $12.4B | $12.7B | $13B | $14B | |
| Gross profit | $5.38B | $5.66B | $6.29B | $6.15B | $5.98B | $6.9B | $6.98B | $6.69B | $6.78B | $7.12B | |
| Other operating expenses | $359M | $480M | $479M | $724M | $767M | $574M | $569M | $748M | $663M | $348M | |
| Operating expenses | $3.09B | $3.18B | $3.49B | $3.7B | $3.87B | $4.08B | $4.01B | $4B | $3.89B | $3.59B | |
| Operating income | $2.29B | $2.48B | $2.8B | $2.45B | $2.11B | $2.83B | $2.97B | $2.69B | $2.89B | $3.53B | |
| Interest income | $115M | $133M | $177M | $176M | $119M | $30M | $59M | $126M | $119M | $105M | |
| Interest expense | $19M | $23M | $27M | $26M | $24M | $9M | $19M | $41M | $54M | $37M | |
| Other non-operating income (gains on investments, FX ...) | -$87M | -$197M | -$23M | -$116M | -$6M | -$10M | -$67M | -$139M | -$100M | -$94M | |
| Total non-operating income | $69M | $176M | -$2M | $32M | -$18M | $4M | $52M | $105M | $61M | $184M | |
| Income before tax | $2.36B | $2.66B | $2.8B | $2.49B | $2.1B | $2.83B | $3.02B | $2.79B | $2.95B | $3.71B | |
| Income tax | $805M | $1.15B | $698M | $643M | $704M | $693M | $730M | $668M | $713M | $1.48B | |
| Net income | $1.55B | $1.5B | $2.1B | $1.84B | $1.39B | $2.14B | $2.29B | $2.13B | $2.24B | $2.23B | |
| EPS (basic) | $2.56 | $2.54 | $3.61 | $3.30 | $2.58 | $4.06 | $4.42 | $4.21 | $4.52 | $4.56 | |
| EPS (diluted) | $2.55 | $2.53 | $3.60 | $3.29 | $2.57 | $4.05 | $4.41 | $4.21 | $4.51 | $4.55 | |
| Shares (basic, weighted) | 607M | 593M | 582M | 559M | 540M | 527M | 518M | 505M | 496M | 481M | |
| Shares (diluted, weighted) | 610M | 595M | 584M | 560M | 541M | 528M | 519M | 505M | 497M | 482M | |
| Depreciation & amortization | $379M | $443M | $498M | $526M | $559M | $574M | $569M | $555M | $542M | $550M | |
| EBITDA | $2.76B | $3.12B | $3.32B | $3.1B | $2.68B | $3.41B | $3.6B | $3.38B | $3.53B | $4.17B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02