CTSH Q2 2024 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena

CTSHCognizant Technology Solutions Corporation

$31B

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$4.8B-0.7% YoY

Gross Profit

$1.6B33.9% margin

Operating Income

$708M14.6% margin

Net Income

$566M11.7% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$262M

Free Cash Flow

$183M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$18.6B

Total Liabilities

$4.7B

Stockholders' Equity

$13.9B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.9B	-0.7%
Gross Profit	$1.6B	$1.7B	-0.5%
Operating Income	$708M	$577M	+22.7%
Net Income	$566M	$463M	+22.2%

Revenue Segments

Healthcare Segment

$1.5B30%

Financial Services

$1.4B30%

Products and Resources

$1.1B23%

Communication, Media and Technology

$816M17%

Geographic Segments

North America

$3.6B75%

Europe

$914M19%

Other Regions

$316M7%