CTSH Q3 2024 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena

CTSHCognizant Technology Solutions Corporation

$31B

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$5.0B+3.0% YoY

Gross Profit

$1.7B34.4% margin

Operating Income

$738M14.6% margin

Net Income

$582M11.5% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$847M

Free Cash Flow

$791M

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$20.2B

Total Liabilities

$5.7B

Stockholders' Equity

$14.5B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.9B	+3.0%
Gross Profit	$1.7B	$1.7B	+2.7%
Operating Income	$738M	$686M	+7.6%
Net Income	$582M	$525M	+10.9%

Revenue Segments

Healthcare Segment

$1.5B30%

Financial Services

$1.5B29%

Products and Resources

$1.2B24%

Communication, Media and Technology

$816M16%

Geographic Segments

North America

$3.7B74%

Europe

$967M19%

Other Regions

$342M7%