CTSH FY 2025 Earnings Report — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena

Cognizant Technology Solutions CorporationCTSH

FY 2025 Earnings

Reported February 12, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$21.1B	—	$19.7B	—	7.0%
Op. Income	$3.5B	—	$2.9B	—	22.0%
Gross Margin	33.7%	—	34.3%	—	-0.6pp
Net Margin	10.6%	—	11.3%	—	-0.8pp
EPS (Diluted)	$4.55	—	$4.51	—	0.9%
Free Cash Flow	$2.6B	—	$1.8B	—	42.0%

Revenue Flow

Item	Amount
REVENUE	$21.1B
Cost of Revenue	$14.0B
GROSS PROFIT	$7.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.2B
Other Expenses	$348M
Operating Expenses	$3.6B
Cost & Expenses	$17.6B
OPERATING INCOME	$3.5B
Interest Income	$105M
Interest Expense	$37M
Other Income/Expenses	$184M
INCOME BEFORE TAX	$3.7B
Income Tax Expense	$1.5B
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.2B
D&A	$550M
EBIT	$3.6B
EBITDA	$4.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$21.1B
Cost of Revenue	$14.0B
GROSS PROFIT	$7.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.2B
Other Expenses	$348M
Operating Expenses	$3.6B
Cost & Expenses	$17.6B
OPERATING INCOME	$3.5B
Interest Income	$105M
Interest Expense	$37M
Other Income/Expenses	$184M
INCOME BEFORE TAX	$3.7B
Income Tax Expense	$1.5B
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.2B
D&A	$550M
EBIT	$3.6B
EBITDA	$4.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$2.2B
Depreciation & Amortization	$550M
Stock-Based Compensation	$181M
Deferred Income Tax	$327M
Other Non-Cash Items	-$67M
Change in Working Capital	-$338M
OPERATING CASH FLOW	$2.9B
Capital Expenditure	-$288M
Acquisitions (Net)	$70M
Purchases of Investments	-$12M
Sales/Maturities of Investments	-$12M
Other Investing Activities	$12M
NET CASH FROM INVESTING	-$230M
Net Debt Issuance	-$342M
Common Stock Repurchased	-$1.4B
Common Dividends Paid	-$610M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$2.3B
FREE CASH FLOW	$2.6B
Net Change in Cash	$403M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$13M
Net Receivables	$4.4B
Inventory	$0
Other Current Assets	$2.2B
TOTAL CURRENT ASSETS	$8.6B
PP&E (Net)	$1.5B
Goodwill	$7.1B
Intangible Assets	$1.4B
Long-Term Investments	$111M
Tax Assets	$967M
Other Non-Current Assets	$1.0B
TOTAL NON-CURRENT ASSETS	$12.1B
TOTAL ASSETS	$20.7B
Account Payables	$308M
Short-Term Debt	$186M
Deferred Revenue	$501M
Other Current Liabilities	$2.7B
TOTAL CURRENT LIABILITIES	$3.7B
Long-Term Debt	$966M
Deferred Revenue NC	$37M
Deferred Tax Liabilities	$168M
Other Non-Current Liabilities	$424M
TOTAL NON-CURRENT LIABILITIES	$2.0B
TOTAL LIABILITIES	$5.7B
Common Stock	$5M
Additional Paid-In Capital	$12M
Retained Earnings	$15.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$160M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$15.0B
Minority Interest	$0
TOTAL EQUITY	$15.0B
TOTAL LIABILITIES & EQUITY	$20.7B
Total Debt	$1.6B
Net Debt	-$326M