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CTSH Q1 2024 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena
CTSH
Cognizant Technology Solutions Corporation
$31B
Q1 2024 Earnings
Technology
Information Technology Services
Income Statement
Revenue
$4.8B
-1.1% YoY
Gross Profit
$1.6B
33.9% margin
Operating Income
$695M
14.6% margin
Net Income
$546M
11.5% margin
EPS (Diluted)
$1.10
QoQ Revenue Growth
+0.0%
Cash Flow
Operating Cash Flow
$95M
Free Cash Flow
$16M
Stock-Based Comp.
$42M
Balance Sheet
Total Assets
$18.4B
Total Liabilities
$4.9B
Stockholders' Equity
$13.5B
Cash & Equivalents
$2.2B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$4.8B
$4.8B
-1.1%
Gross Profit
$1.6B
$1.7B
-3.3%
Operating Income
$695M
$702M
-1.0%
Net Income
$546M
$580M
-5.9%
Revenue Segments
Healthcare Segment
$1.4B
30%
Financial Services
$1.4B
29%
Products and Resources
$1.1B
24%
Communication, Media and Technology
$826M
17%
Geographic Segments
North America
$3.5B
74%
Europe
$939M
20%
Other Regions
$300M
6%
← FY 2024
All Quarters
Q2 2024 →