CTSH Q3 2023 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena

CTSHCognizant Technology Solutions Corporation

$31B

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$4.9B+0.8% YoY

Gross Profit

$1.7B34.5% margin

Operating Income

$686M14.0% margin

Net Income

$525M10.7% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$828M

Free Cash Flow

$755M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$18.1B

Total Liabilities

$5.2B

Stockholders' Equity

$12.9B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$4.9B	+0.8%
Gross Profit	$1.7B	$1.8B	-5.0%
Operating Income	$686M	$798M	-14.0%
Net Income	$525M	$629M	-16.5%

Revenue Segments

Financial Services

$1.5B30%

Healthcare Segment

$1.4B29%

Products and Resources

$1.2B24%

Communication, Media and Technology

$847M17%

Geographic Segments

North America

$3.6B73%

Europe

$970M20%

Other Regions

$328M7%