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COGNIZANT TECHNOLOGY SOLUTIONS CORP

CIK: 1058290 SIC: 7371
$21.11B
Revenue
$2.23B
Net Income
33.72%
Gross Margin
16.06%
Op. Margin
$3.57B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $21.11B $21.11B $19.74B $19.35B $19.43B $18.51B
Revenue Growth % 0.0% 7.0% 2.0% -0.4% 5.0% nan%
Cost of Revenue $13.99B $13.99B $12.96B $12.66B $12.45B $11.60B
+ Gross Profit $7.12B $7.12B $6.78B $6.69B $6.98B $6.90B
Gross Margin % 33.7% 33.7% 34.3% 34.6% 35.9% 37.3%
Selling General & Admin $3.24B $3.24B $3.22B $3.25B $3.44B $3.50B
+ Operating Income $3.39B $3.39B $2.89B $2.69B $2.97B $2.83B
Operating Margin % 16.1% 16.1% 14.7% 13.9% 15.3% 15.3%
Interest Expense $36.00M $36.00M $53.00M $41.00M $19.00M $9.00M
Other Income/Expense $4.00M $4.00M - $11.00M $1.00M -
Income Before Tax $3.48B $3.48B $2.94B $2.79B $3.02B $2.83B
Income Tax Expense $1.26B $1.26B $713.00M $668.00M $730.00M $693.00M
+ Net Income $2.23B $2.23B $2.24B $2.13B $2.29B $2.14B
Net Margin % 10.6% 10.6% 11.3% 11.0% 11.8% 11.5%
Basic EPS nan 4.57 4.52 4.21 4.42 4.06
Diluted EPS nan 4.56 4.51 4.21 4.41 4.05
Basic Shares Outstanding - 488.0M 496.0M 505.0M 518.0M 527.0M
Diluted Shares Outstanding - 489.0M 497.0M 505.0M 519.0M 528.0M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $1.90B $2.23B $2.62B $2.19B $1.79B
Short-term Investments $13.00M $12.00M $14.00M $310.00M $927.00M
Accounts Receivable $4.44B $4.06B $3.85B $3.80B $3.56B
Other Current Assets $1.47B $1.20B $1.02B $969.00M $1.07B
Total Current Assets $7.82B $7.50B $7.51B $7.27B $7.34B
Property Plant & Equipment $933.00M $994.00M $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
Long-term Investments $111.00M $90.00M $435.00M $427.00M $463.00M
Other Non-current Assets $1.77B $1.03B $656.00M $662.00M $701.00M
Total Assets $20.69B $19.97B $18.48B $17.85B $17.85B
Accounts Payable $308.00M $340.00M $337.00M $360.00M $361.00M
Short-term Debt $33.00M $33.00M $33.00M $8.00M $38.00M
Deferred Revenue $501.00M $450.00M $385.00M $398.00M $403.00M
Other Current Liabilities $404.00M $439.00M - - -
Total Current Liabilities $3.66B $3.58B $3.33B $3.35B $3.53B
Long-term Debt $543.00M $875.00M $606.00M $638.00M $626.00M
Deferred Tax Liabilities $168.00M $154.00M $226.00M $180.00M $218.00M
Other Non-current Liabilities $847.00M $494.00M $369.00M $362.00M $287.00M
Total Liabilities $5.68B $5.56B $5.26B $5.54B $5.86B
Common Stock $5.00M $5.00M $5.00M $5.00M $5.00M
Retained Earnings $15.16B $14.69B $13.30B $12.59B $11.92B
Total Stockholders Equity $15.02B $14.41B $13.23B $12.31B $11.99B
Total Liabilities & Equity $20.69B $19.97B $18.48B $17.85B $17.85B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $2.23B $2.23B $2.24B $2.13B $2.29B $2.14B
Depreciation & Amortization $961.00M $550.00M $542.00M $555.00M $569.00M $574.00M
Stock-based Compensation $313.00M $181.00M $175.00M $176.00M $261.00M $246.00M
Deferred Income Tax $390.00M $327.00M $-355.00M $-339.00M $-273.00M $27.00M
Change in Receivables $863.00M $366.00M $49.00M $43.00M $238.00M $407.00M
Change in Payables $-22.00M $-2.00M $-23.00M $-23.00M $-11.00M $-35.00M
Operating Cash Flow $4.08B $2.88B $2.12B $2.33B $2.57B $2.50B
Capital Expenditure $509.00M $288.00M $297.00M $317.00M $332.00M $279.00M
Acquisitions - - $1.61B $409.00M $367.00M $970.00M
Investing Cash Flow $-326.00M $-230.00M $-1.65B $-331.00M $-106.00M $-2.16B
Stock Repurchased $2.16B $1.38B $605.00M $1.06B $1.42B $771.00M
Dividends Paid $1.07B $610.00M $600.00M $591.00M $564.00M $509.00M
Financing Cash Flow $-4.10B $-2.27B $-915.00M $-1.61B $-1.94B $-1.20B
Net Change in Cash $-283.00M $403.00M $-486.00M $423.00M $502.00M $-888.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $5.42B - $15.78B -
Cost of Revenue $3.58B - $10.46B -
Selling General & Admin $833.00M - $2.43B -
Operating Income $866.00M - $2.54B -
Interest Expense $8.00M - $29.00M -
Other Income/Expense - - $3.00M -
Income Before Tax $887.00M - $2.60B -
Income Tax Expense $613.00M - $1.02B -
Net Income $274.00M $566.00M $1.58B -
Basic EPS 0.56 - 3.22 -
Diluted EPS 0.56 - 3.22 -
Basic Shares Outstanding $486.00M - $491.00M -
Diluted Shares Outstanding $487.00M - $491.00M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.34B $2.23B
Short-term Investments $13.00M $12.00M
Accounts Receivable $4.39B $4.06B
Other Current Assets $1.35B $1.20B
Total Current Assets $8.09B $7.50B
Property Plant & Equipment $949.00M $994.00M
Goodwill $7.10B $6.95B
Intangible Assets $1.47B $1.60B
Long-term Investments $107.00M $90.00M
Other Non-current Assets $990.00M $1.03B
Total Assets $20.13B $19.97B
Accounts Payable $284.00M $340.00M
Short-term Debt $33.00M $33.00M
Deferred Revenue $384.00M $450.00M
Total Current Liabilities $3.43B $3.58B
Long-term Debt $551.00M $875.00M
Deferred Tax Liabilities $168.00M $154.00M
Other Non-current Liabilities $618.00M $494.00M
Total Liabilities $5.24B $5.56B
Common Stock $5.00M $5.00M
Retained Earnings $14.94B $14.69B
Total Stockholders Equity $14.90B $14.41B
Total Liabilities & Equity $20.13B $19.97B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $274.00M $566.00M $1.58B -
Depreciation & Amortization $135.00M - $410.00M -
Stock-based Compensation - - $137.00M -
Deferred Income Tax - - $415.00M -
Change in Receivables - - $322.00M -
Change in Payables - - $-35.00M -
Operating Cash Flow - - $2.02B -
Capital Expenditure - - $211.00M -
Acquisitions - - - -
Investing Cash Flow - - $-155.00M -
Stock Repurchased - - $1.04B -
Dividends Paid - - $459.00M -
Financing Cash Flow - - $-1.78B -
Net Change in Cash - - $110.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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