Cognizant Technology Solutions CTSH
- Market cap
- $31.8B
- PE
- 15.1×
- 10y median 18.2×
- Forward PE
- 11.6×
- 10y median 16.4×
- Price to sales
- 1.5×
- EV/EBIT
- 9.4×
- Revenue, 12 months
- $21.6B
- +6% on a year ago
- Net margin
- 10.3%
- Free cash flow yield
- 8.2%
Cognizant Technology Solutions trades at 15.1× trailing earnings, cheaper than 81% of the last ten years. Revenue was $21.6B over the last twelve months, up 6% on a year earlier with a 10% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $4.9B+1% | $4.8B−2% | $4.8B−1% | $4.8B−1% | $5B+3% | $5.1B+7% | $5.1B+8% | $5.2B+8% | $5.4B+7% | $5.3B+5% | $5.4B+6% | $5.5B+5% | |
| Cost of revenue | $3.2B+4% | $3.1B−2% | $3.1B+0% | $3.2B−1% | $3.3B+3% | $3.3B+7% | $3.4B+8% | $3.5B+9% | $3.6B+8% | $3.5B+7% | $3.6B+7% | $3.7B+5% |
| Gross profit | $1.7B−5% | $1.7B−1% | $1.6B−3% | $1.6B−1% | $1.7B+3% | $1.8B+6% | $1.7B+6% | $1.8B+7% | $1.8B+6% | $1.8B+1% | $1.8B+3% | $1.8B+4% |
| SG&A | $801M−4% | $786M−9% | $765M−8% | $781M−6% | $833M+4% | $844M+7% | $791M+3% | $810M+4% | $833M+0% | $806M−5% | $791M+0% | $728M−10% |
| $686M−14% | $724M+6% | $695M−1% | $708M+23% | $738M+8% | $751M+4% | $853M+23% | $817M+15% | $866M+17% | $853M+14% | $843M−1% | $874M+7% | |
| Interest expense | $11M+83% | $11M+38% | $11M+22% | $10M+0% | $14M+27% | $19M+73% | $12M+9% | $9M−10% | $8M−43% | $8M−58% | $7M−42% | $13M+44% |
| Pre-tax income | $713M−12% | $749M+5% | $722M−2% | $728M+24% | $748M+5% | $740M−1% | $872M+21% | $842M+16% | $887M+19% | $878M+19% | $867M−1% | $875M+4% |
| $191M+4% | $195M+1% | $179M+13% | $165M+33% | $170M−11% | $199M+2% | $213M+19% | $197M+19% | $613M+261% | $235M+18% | $208M−2% | $231M+17% | |
| Net income | $525M−17% | $558M+7% | $546M−6% | $566M+22% | $582M+11% | $546M−2% | $663M+21% | $645M+14% | $274M−53% | $648M+19% | $662M−0% | $636M−1% |
| $1.04−15% | $1.12+10% | $1.10−4% | $1.14+25% | $1.17+13% | $1.11−1% | $1.34+22% | $1.31+15% | $0.56−52% | $1.35+22% | $1.39+4% | $1.36+4% | |
| 505M−2% | 499M−3% | 498M−2% | 498M−2% | 496M−2% | 494M−1% | 495M−1% | 492M−1% | 487M−2% | 480M−3% | 477M−4% | 466M−5% |
Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 8 periods, Q4 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 12 periods, Q4 FY08 to Q4 FY23: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY19 to Q4 FY25: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $5.6B | $5.6B to $5.7B | $1.46 | $1.43 to $1.50 | 15 |
| Q4 FY26 | $5.6B | $5.6B to $5.7B | $1.53 | $1.47 to $1.56 | 14 |
| Q1 FY27 | $5.7B | $5.6B to $5.7B | $1.51 | $1.49 to $1.52 | 8 |
| Q2 FY27 | $5.7B | $5.7B to $5.8B | $1.57 | $1.56 to $1.59 | 6 |
| Q3 FY27 | $5.9B | $5.8B to $5.9B | $1.64 | $1.62 to $1.65 | 6 |
| Q4 FY27 | $5.9B | $5.8B to $5.9B | $1.63 | $1.62 to $1.65 | 12 |
| Q1 FY28 | $6B | $5.9B to $6B | $1.62 | $1.60 to $1.63 | 13 |
| Q2 FY28 | $6.1B | $6B to $6.1B | $1.69 | $1.68 to $1.71 | 7 |
Peers
Companies in Information Technology Services nearest Cognizant Technology Solutions' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| CTSHCognizant Technology Solutions | $31.8B | 15.1× | 18.2× | 11.6× | 1.5× | +6% | 10.3% |
| FISVFiserv | $26.5B | 9.6× | 31.1× | 6.8× | 1.3× | −1% | 13.4% |
| BRBroadridge Financial Solutions | $20.9B | 19.1× | 32.9× | 17.3× | 2.8× | +9% | 15.0% |
| CDWCDW | $20.6B | 19.8× | 23.6× | n/m | 0.9× | +7% | 4.6% |
| FISFidelity National Information Services | $19.4B | 5.8× | 52.8× | 5.8× | 1.6× | +18% | 27.6% |
| JKHYJack Henry & Associates | $11.4B | 23.3× | 33.3× | n/m | 4.5× | +7% | 19.8% |
| EPAMEPAM Systems | $7B | 18.5× | 42.1× | n/m | 1.3× | +11% | 7.2% |
| ACNAccenture | $166.8B | 18.4× | 26.9× | 17.0× | 2.2× | +6% | 11.3% |
| DOCSDoximity | $6B | 39.3× | 47.3× | n/m | 9.1× | +11% | 25.5% |
| IBMInternational Business Machines | $238.9B | 21.6× | 21.3× | 19.4× | 3.4× | +7% | 16.0% |
| Peer median | $20.6B | 19.1× | 32.9× | 17.0× | 2.2× | +7% | 15.0% |
Investors who own it
Investors we follow who held Cognizant Technology Solutions at the end of Jun 30, 2026, from their 13F filings.
- Chris BloomstranSemper Augustus1.7% of portfolionew
- Reinhart PartnersReinhart Partners0.0% of portfoliotrimmed
More on Cognizant Technology Solutions
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #1of 10IT services stocks with the lowest EV/EBIT
- #10of 95Technology stocks with the lowest forward PE
- #10of 48Technology stocks with the highest dividend yields
- #3of 12IT services stocks with the lowest PE ratio
- #5of 13IT services stocks with the lowest price to sales ratio
- #8of 10IT services stocks cheapest against their own PE history
- #8of 10IT services stocks with the fastest earnings growth
- #9of 11IT services stocks with the highest profit margins
Its groups
About
- Industry
- Information Technology Services
- Sector
- Technology
Valuation data, not investment advice. Prices as of .