Cognizant Technology Solutions Corporation (CTSH) — Financial statements
Income statement, balance sheet, and cash flow for Cognizant Technology Solutions Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 21,108↑7.0% | 19,736↑2.0% | 19,353↓0.4% | 19,428↑5.0% | 18,507 | |
| Cost of Revenue | 13,991↑8.0% | 12,958↑2.3% | 12,664↑1.7% | 12,448↑7.3% | 11,604 | |
| Gross Profit | 7,117↑5.0% | 6,778↑1.3% | 6,689↓4.2% | 6,980↑1.1% | 6,903 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,240↑0.5% | 3,223↓0.9% | 3,252↓5.5% | 3,443↓1.7% | 3,503 | |
| Other Expenses | 348↓47.5% | 663↓11.4% | 748↑31.5% | 569↓0.9% | 574 | |
| Operating Expenses | 3,588↓7.7% | 3,886↓2.9% | 4,000↓0.3% | 4,012↓1.6% | 4,077 | |
| Total Costs & Expenses | 17,579↑4.4% | 16,844↑1.1% | 16,664↑1.2% | 16,460↑5.0% | 15,681 | |
| Operating Results | ||||||
| Operating Income | 3,529↑22.0% | 2,892↑7.5% | 2,689↓9.4% | 2,968↑5.0% | 2,826 | |
| Depreciation & Amortization | 550↑1.5% | 542↓2.3% | 555↓2.5% | 569↓0.9% | 574 | |
| EBITDA | 4,173↑18.1% | 3,534↑4.5% | 3,383↓6.1% | 3,604↑5.7% | 3,410 | |
| EBIT | 3,623↑21.1% | 2,992↑5.8% | 2,828↓6.8% | 3,035↑7.0% | 2,836 | |
| Interest & Other Income | ||||||
| Net Interest Income | 68↑4.6% | 65↓23.5% | 85↑112.5% | 40↑90.5% | 21 | |
| Interest Income | 105↓11.8% | 119↓5.6% | 126↑113.6% | 59↑96.7% | 30 | |
| Interest Expense | 37↓31.5% | 54↑31.7% | 41↑115.8% | 19↑111.1% | 9 | |
| Non-Operating Income | -94↑6.0% | -100↑28.1% | -139↓107.5% | -67↓570.0% | -10 | |
| Other Income / Expenses | 184↑201.6% | 61↓41.9% | 105↑101.9% | 52↑1200.0% | 4 | |
| Income Before Tax | 3,713↑25.7% | 2,953↑5.7% | 2,794↓7.5% | 3,020↑6.7% | 2,830 | |
| Income Tax Expense | 1,483↑108.0% | 713↑6.7% | 668↓8.5% | 730↑5.3% | 693 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,230↓0.4% | 2,240↑5.4% | 2,126↓7.2% | 2,290↑7.2% | 2,137 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,230↓0.4% | 2,240↑5.4% | 2,126↓7.2% | 2,290↑7.2% | 2,137 | |
| Bottom-Line Net Income | 2,230↓0.4% | 2,240↑5.4% | 2,126↓7.2% | 2,290↑7.2% | 2,137 | |
| EPS (Basic) | 4.56↑0.9% | 4.52↑7.4% | 4.21↓4.8% | 4.42↑8.9% | 4.06 | |
| EPS (Diluted) | 4.55↑0.9% | 4.51↑7.1% | 4.21↓4.5% | 4.41↑8.9% | 4.05 | |
| Weighted Average Shares | 481↓3.0% | 496↓1.8% | 505↓2.5% | 518↓1.7% | 527 | |
| Weighted Average Diluted Shares | 482↓3.0% | 497↓1.6% | 505↓2.7% | 519↓1.7% | 528 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.