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CTSH Q1 2023 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena
CTSH
Cognizant Technology Solutions Corporation
$31B
Q1 2023 Earnings
Technology
Information Technology Services
Income Statement
Revenue
$4.8B
-0.3% YoY
Gross Profit
$1.7B
34.7% margin
Operating Income
$702M
14.6% margin
Net Income
$580M
12.1% margin
EPS (Diluted)
$1.14
QoQ Revenue Growth
-0.6%
Cash Flow
Operating Cash Flow
$729M
Free Cash Flow
$631M
Stock-Based Comp.
$44M
Balance Sheet
Total Assets
$18.1B
Total Liabilities
$5.5B
Stockholders' Equity
$12.7B
Cash & Equivalents
$2.5B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$4.8B
$4.8B
-0.3%
Gross Profit
$1.7B
$1.7B
-3.5%
Operating Income
$702M
$724M
-3.0%
Net Income
$580M
$563M
+3.0%
Revenue Segments
Financial Services
$1.5B
31%
Healthcare Segment
$1.4B
30%
Products and Resources
$1.1B
23%
Communication, Media and Technology
$785M
16%
Geographic Segments
North America
$3.5B
74%
Europe
$939M
20%
Other Regions
$328M
7%
← FY 2023
All Quarters
Q2 2023 →