Cognizant Technology Solutions Corp
CTSH- Exchange
- Nasdaq
- Industry
- Services-Computer Programming Services
- SEC CIK
- 0001058290
In the last 90 days, Cognizant Technology Solutions Corp insiders filed 0 open-market purchases and 4 sales; 919 institutions reported holding it in 13F filings for Q2 2026, worth $19.6B in total; Semper Augustus is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:16 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 5, 2025 | Feb 6, 2024 | Jan 12, 2023 | Feb 2, 2022 |
| Revenue | $21.1B | $19.7B | $19.4B | $19.4B | $18.5B |
| Selling, general and administrative | $3.24B | $3.22B | $3.25B | $3.44B | $3.50B |
| Operating income | $3.39B | $2.89B | $2.69B | $2.97B | $2.83B |
| Interest expense | – | – | $41.0M | $19.0M | $9.00M |
| Income tax | $1.26B | $713.0M | $668.0M | $730.0M | $693.0M |
| Net income | $2.23B | $2.24B | $2.13B | $2.29B | $2.14B |
| EPS, basic | $4.57 | $4.52 | $4.21 | $4.42 | $4.06 |
| EPS, diluted | $4.56 | $4.51 | $4.21 | $4.41 | $4.05 |
| Weighted shares, basic | 488.0M | 496.0M | 505.0M | 518.0M | 527.0M |
| Weighted shares, diluted | 489.0M | 497.0M | 505.0M | 519.0M | 528.0M |
| Margins and growth | |||||
| Operating margin | 16.1% | 14.7% | 13.9% | 15.3% | 15.3% |
| Net margin | 10.6% | 11.3% | 11.0% | 11.8% | 11.5% |
| Revenue growth, year over year | +7.0% | +2.0% | −0.4% | +5.0% | +11.1% |
| Net income growth, year over year | −0.4% | +5.4% | −7.2% | +7.2% | +53.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 5, 2025 | Feb 6, 2024 | Jan 12, 2023 | Feb 2, 2022 |
| Cash and equivalents | $1.90B | $2.23B | $2.62B | $2.19B | $1.79B |
| Short-term investments | $13.0M | $12.0M | $14.0M | $310.0M | $927.0M |
| Accounts receivable | $4.44B | $4.06B | $3.85B | $3.80B | $3.56B |
| Total current assets | $7.82B | $7.50B | $7.51B | $7.27B | $7.34B |
| Property, plant and equipment | $933.0M | $994.0M | $1.05B | $1.10B | $1.17B |
| Goodwill | $7.11B | $6.95B | $6.08B | $5.71B | $5.62B |
| Intangible assets | $1.42B | $1.60B | $1.15B | $1.17B | $1.22B |
| Total assets | $20.7B | $20.0B | $18.5B | $17.9B | $17.9B |
| Accounts payable | $308.0M | $340.0M | $337.0M | $360.0M | $361.0M |
| Short-term debt | $33.0M | $33.0M | $33.0M | $8.00M | $38.0M |
| Total current liabilities | $3.66B | $3.58B | $3.33B | $3.35B | $3.53B |
| Long-term debt | $543.0M | $875.0M | $606.0M | $638.0M | $626.0M |
| Total liabilities | $5.68B | $5.56B | $5.26B | $5.54B | $5.86B |
| Shareholders' equity | $15.0B | $14.4B | $13.2B | $12.3B | $12.0B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 5, 2025 | Feb 6, 2024 | Jan 12, 2023 | Feb 2, 2022 |
| Operating cash flow | $2.88B | $2.12B | $2.33B | $2.57B | $2.50B |
| Capital expenditures | $288.0M | $297.0M | $317.0M | $332.0M | $279.0M |
| Free cash flow | $2.60B | $1.83B | $2.01B | $2.24B | $2.22B |
| Depreciation and amortization | $550.0M | $542.0M | $555.0M | $569.0M | $574.0M |
| Stock-based compensation | $181.0M | $175.0M | $176.0M | $261.0M | $246.0M |
| Dividends paid | $610.0M | $600.0M | $591.0M | $564.0M | $509.0M |
| Share buybacks | $1.38B | $605.0M | $1.06B | $1.42B | $771.0M |
| Investing cash flow | -$230.0M | -$1.65B | -$331.0M | -$106.0M | -$2.16B |
| Financing cash flow | -$2.27B | -$915.0M | -$1.61B | -$1.94B | -$1.20B |
| Net change in cash | $403.0M | -$486.0M | $423.0M | $502.0M | -$888.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.9% | 0.9% | 0.9% | 1.3% | 1.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 447.0M | −7.4% | SEC |
| Jul 24, 2026 | 450.4M | −7.8% | SEC |
| Apr 24, 2026 | 473.9M | −3.9% | SEC |
| Feb 6, 2026 | 478.2M | −3.3% | SEC |
| Oct 24, 2025 | 482.6M | −2.7% | SEC |
| Jul 25, 2025 | 488.4M | −1.5% | SEC |
| Apr 25, 2025 | 492.9M | −0.9% | SEC |
| Feb 7, 2025 | 494.6M | −0.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.