COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
As-reported financials and SEC filings for COGNIZANT TECHNOLOGY SOLUTIONS CORP. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About COGNIZANT TECHNOLOGY SOLUTIONS CORP
Cognizant Technology Solutions Corp provides professional services focused on modernizing technology and transforming business processes using AI and digital solutions. The company serves clients across four main industry segments: Health Sciences, Financial Services, Products and Resources, and Communications, Media and Technology. Its services include consulting, application development, systems integration, infrastructure and security, business process services, and automation, tailored to meet the specific needs of various industries.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Cognizant Technology Solutions
- Revenue grew 7.0% to $21.1B in FY2025, faster than the 2.0% the year before.
- Operating margin is 16.1% in FY2025, +0.8 pp against 15.3% in FY2021.
- Most recent quarter Q1 FY2026: revenue $5.4B, up 5.8% from Q1 FY2025.
- Free cash flow was $2.6B in FY2025, 12.3% of revenue.
- Net income fell 0.4% to $2.2B in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Cognizant Technology Solutions’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Cognizant Technology Solutions’s long-term debt to equity of 0.04 ranks in the 14th percentile of the 278 Technology companies reporting it.
1 reported insider purchase (code P) totaling $209,768 in the last 90 days, against 4 sales totaling $824,124. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Dodge & Cox | Q2 2026 | $563.2M | 14.5M | Added |
| Millennium Managementquant | Q2 2026 | $169.9M | 4.4M | Added |
| Yacktman Asset Management | Q2 2026 | $122.0M | 3.2M | Added |
| Citadel Advisorsquant | Q2 2026 | $79.1M | 2.0M | Reduced |
| AQR Capital Managementquant | Q2 2026 | $46.3M | 1.2M | Reduced |
| Gotham Asset Management | Q2 2026 | $10.1M | 259.8K | Added |
| Two Sigma Investmentsquant | Q2 2026 | $7.7M | 199.6K | New |
| D. E. Shawquant | Q2 2026 | $236,756 | 6.1K | Reduced |
No longer held by: Bridgewater Associates (as of Q2 2026), Point72 Asset Management (as of Q2 2026)
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-08-03 filed 2026-08-05 | Dalal Jatin PChief Financial Officer | Sell | 12.0K | $55.76 | $669K |
2026-08-03 filed 2026-08-05 | Kim John SunshinCLO, CAO & Corporate Secretary | Sell | 2.5K | $57.05 | $143K |
2026-07-01 filed 2026-07-06 | Kerdman AlinaSVP, Controller & CAO | Sell | 137 | $39.82 | $5K |
2026-06-15 filed 2026-06-17 | Kerdman AlinaSVP, Controller & CAO | Sell | 133 | $51.70 | $7K |
2026-06-10 filed 2026-06-12 | ROHLEDER STEPHEN JDirector | Buy | 4.0K | $52.00 | $210K |
2026-06-01 filed 2026-06-03 | Kerdman AlinaSVP, Controller & CAO | Sell | 146 | $56.41 | $8K |
2026-05-18 filed 2026-05-20 | Kerdman AlinaSVP, Controller & CAO | Sell | 154 | $48.04 | $7K |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 35.6M | -20.6% | 3.53 |
| 2026-07-31 | 44.8M | -21.5% | 4.78 |
| 2026-07-15 | 57.1M | -4.5% | 5.84 |
| 2026-06-30 | 59.8M | -0.1% | 3.06 |
| 2026-06-15 | 59.8M | -0.7% | 7.31 |
| 2026-05-29 | 60.2M | +27.1% | 5.77 |
| 2026-05-15 | 47.4M | +15.1% | 6.55 |
| 2026-04-30 | 41.2M | +15.2% | 6.03 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $21.11B | $19.74B | $19.35B | $19.43B | $18.51B |
| Gross profit | — | — | — | — | — |
| Operating income | $3.39B | $2.89B | $2.69B | $2.97B | $2.83B |
| Net income | $2.23B | $2.24B | $2.13B | $2.29B | $2.14B |
| Diluted EPS | $4.56 | $4.51 | $4.21 | $4.41 | $4.05 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $1.90B | $2.23B | $2.62B | $2.19B | $1.79B |
| Current assets | $7.82B | $7.50B | $7.51B | $7.27B | $7.34B |
| Total assets | $20.69B | $19.97B | $18.48B | $17.85B | $17.85B |
| 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 |
| Total equity | $15.02B | $14.41B | $13.23B | $12.31B | $11.99B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.88B | $2.12B | $2.33B | $2.57B | $2.50B |
| Capital expenditure | $288.0M | $297.0M | $317.0M | $332.0M | $279.0M |
| Free cash flow | $2.60B | $1.83B | $2.01B | $2.24B | $2.22B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q1 FY2026 | $5.41B | 5.8% | $662.0M | $1.39 |
| Q4 FY2025 | $5.33B | 4.9% | $648.0M | $1.34 |
| Q3 FY2025 | $5.42B | 7.4% | $274.0M | $0.56 |
| Q2 FY2025 | $5.25B | 8.1% | $645.0M | $1.31 |
| Q1 FY2025 | $5.12B | 7.5% | $663.0M | $1.34 |
| Q4 FY2024 | $5.08B | 6.8% | $546.0M | $1.10 |
| Q3 FY2024 | $5.04B | 3.0% | $582.0M | $1.17 |
| Q2 FY2024 | $4.85B | -0.7% | $566.0M | $1.14 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest Technology peers
Monitor CTSH
Get an alert when Cognizant Technology Solutions files something material, see which superinvestors own it, and ask its filings a question with cited answers.
Monitor CTSH freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.