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NASDAQ · SERVICES-COMPUTER PROGRAMMING SERVICES · LARGE CAP

Cognizant Technology Solutions Corp. CTSH

19 fiscal years on record · USD · FY2025 reported · SEC filings only
6 YEARS OF DIVIDEND GROWTH
$21.1B
▲ 7.0% YoY
$2.2B
▼ 0.4% YoY
$2.6B
▲ 42.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Cognizant provides consulting, application development, systems integration, quality engineering and assurance, engineering research and development, application maintenance, infrastructure and security, and business process services and automation. As of December 31, 2025, it had approximately 351,600 employees, with 256,900 in India, 41,600 in North America, 14,600 in Continental Europe, 7,800 in the United Kingdom and 30,700 in other locations around the world. In 2025, it went to market across four industry-based operating segments: Health Sciences (HS), Financial Services (FS), Products and Resources (P&R), and Communications, Media and Technology (CMT). Its HS segment consists of healthcare providers and payers, and life sciences companies, including pharmaceutical, biotech and medical device companies. Its FS segment includes banking, capital markets, payments and insurance companies.

Written from the business description in COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth

USD 21.1B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 21.1 · Net income 2.2
10B20B
2007201020132016201920222025
Compound annual growth
+2.8%
+4.9%
+5.4%
+10.7%
−0.9%
+9.9%
+3.2%
+7.7%
+1.1%
+12.2%
+5.6%
+4.7%
+7.1%
+0.0%
−1.1%
+15.8%
+26.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.9% a year over the five years to FY2025 — but profit grew faster: net income at +9.9%, earnings per share at +12.2%.

The share count fell from 0.53B to 0.48B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 16.1% · Net 10.6%
5%10%15%
200720162025
ROE
FY2025 · ROE 15.2%
10%20%
200720162025
Three returns, three denominators.

Each USD of equity produced 15 cents of profit this year.

Cash & shareholders

USD 2.0B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.6
2B3B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.6 · Net buybacks 1.4
1B2BDividendsNet buybacks
2007201020132016201920222025

USD 610.0M in dividends and USD 1.4B in buybacks — 89% of the year's profit went back to shareholders.

Total assetsUSD 20.7B
EquityUSD 15.0B
CashUSD 1.9B
Gross debtUSD 576.0M
Net debtUSD -1.3B
Current ratio2.14×

The company holds more cash than debt.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
CTSH, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B21.119.719.419.418.516.716.816.114.813.512.410.38.87.36.14.63.32.82.1
Operating income $B3.42.92.73.02.82.12.52.82.52.32.11.91.71.41.10.90.60.50.4
EBITDA $B3.93.43.23.53.42.73.03.32.92.72.52.11.91.51.31.00.70.6◌
Income tax $B1.30.70.70.70.70.70.60.71.20.80.50.50.50.30.30.10.10.10.1
Net income $B2.22.22.12.32.11.41.82.11.51.61.61.41.21.10.90.70.50.40.4
Free cash flow $B2.61.82.02.22.22.92.12.22.11.31.91.31.20.80.60.60.60.30.2
EPS, diluted $4.564.514.214.414.052.573.293.602.532.552.652.352.021.722.852.371.781.441.15
Dividend / sh $1.241.201.161.080.960.880.80◌0.450.000.00◌◌◌◌◌◌◌◌
Payout %27272825243425221800————————
ROE %15.216.216.718.818.712.716.419.014.115.519.120.722.423.923.423.523.225.123.8
Shares out B0.480.490.500.510.530.530.550.580.590.610.610.610.300.300.300.300.300.29◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. 10 checks were skipped: cost of revenue is not tagged before 2017. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Computer Programming Services
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2007

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