CTSH Q4 2023 Earnings — Cognizant Technology Solutions Corporation Revenue & Financial Results | Market Cap Arena

CTSHCognizant Technology Solutions Corporation

$31B

Q4 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$4.8B-1.7% YoY

Gross Profit

$1.7B35.2% margin

Operating Income

$724M15.2% margin

Net Income

$558M11.7% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$737M

Free Cash Flow

$659M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$18.5B

Total Liabilities

$5.3B

Stockholders' Equity

$13.2B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.8B	-1.7%
Gross Profit	$1.7B	$1.7B	-0.6%
Operating Income	$724M	$686M	+5.5%
Net Income	$558M	$521M	+7.1%

Revenue Segments

Healthcare Segment

$1.4B29%

Financial Services

$1.4B29%

Products and Resources

$1.2B24%

Communication, Media and Technology

$804M17%

Geographic Segments

North America

$3.5B74%

Europe

$918M19%

Other Regions

$310M7%