Metrics
The numbers behind Cognizant Technology Solutions Corporation: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in US$ millions unless noted.
Reading notes: Display unit is US$ millions, as printed on Cognizant's consolidated statements ('in millions, except per share data'). Main columns FY2021–FY2025 are cited to each year's own Form 10-K current-year column (income statement and cash flow print three years; the balance sheet prints two). Revenue by industry segment: FY2024 and FY2025 use the Note 17 segment table in the FY2025 10-K (new ASU 2023-07 format); FY2022 and FY2023 use the comparable Note 18 table in the FY2024 10-K; FY2021 uses the Revenue Recognition disaggregation table (per-segment totals) in the FY2023 10-K, because pre-FY2024 segment footnotes present the revenue table as an image not machine-readable in the corpus. Segment operating profit is shown only for FY2024–FY2025. The company changed its internal segment-profit measurement in Q1 2025 and recast FY2024 but states FY2023 is impracticable to recast; earlier years used yet other methodologies, so a longer comparable series is not available.
Share Price — Full Available History — 28 Years
The stock closed at $44.07 on Jul 17, 2026 — up 1,015,289% over the window shown (+38.9% a year), trading between $0.00 and $93.12. At that close the stock trades at 9.7× FY2025 diluted EPS as reported below.
Source: market price feed, monthly closes, sampled from 7,062 source observations, Jun 1998–Jul 2026. Price return only, excludes dividends. Prices are split-adjusted (1:2 on Mar 17, 2000; 1:3 on Apr 02, 2003; 1:2 on Jun 18, 2004; 1:2 on Oct 17, 2007; 1:2 on Mar 10, 2014).
FY2025 at a Glance
Revenue (US$ millions)
Net income (US$ millions)
Diluted EPS
Source: FY2025 consolidated statements [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Industry Segment
| Revenue by Industry Segment | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Health Sciences | 5,337 | 5,631 | 5,674 | 5,932 | 6,347 |
| Financial Services | 6,051 | 6,072 | 5,809 | 5,753 | 6,173 |
| Products and Resources | 4,276 | 4,566 | 4,628 | 4,782 | 5,285 |
| Communications, Media and Technology | 2,843 | 3,159 | 3,242 | 3,269 | 3,303 |
| Total revenues | 18,507 | 19,428 | 19,353 | 19,736 | 21,108 |
| Total revenues growth, derived | — | +5.0% | -0.4% | +2.0% | +7.0% |
Source: Segment Information footnote (reportable business segments); FY2021 from the Revenue Recognition disaggregation table [5] [6] [7] [8]. Click any linked figure to open the filing page with the row highlighted.
Segment Operating Profit
| Segment Operating Profit | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Health Sciences | — | — | — | 1,073 | 1,233 |
| Financial Services | — | — | — | 915 | 1,029 |
| Products and Resources | — | — | — | 771 | 787 |
| Communications, Media and Technology | — | — | — | 393 | 436 |
| Total segment operating profit | — | — | — | 3,152 | 3,485 |
| Less: unallocated costs | — | — | — | 260 | 96 |
| Income from operations | — | — | — | 2,892 | 3,389 |
Source: Segment Information footnote. Cognizant recast its segment-profit methodology in Q1 2025 (allocating certain corporate costs to segments) and recast FY2024 to conform; it states FY2023 and earlier are impracticable to recast, so only the comparable FY2024–FY2025 pair is shown. [5] [6]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Statements of Operations [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: Yahoo Finance analyst consensus, as of 2026-07-17. Estimate figures link to the consensus source, not to filing pages.
Balance Sheet
Source: Consolidated Statements of Financial Position [9] [10] [11] [12]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
Source: Consolidated Statements of Cash Flows [13] [14] [15] [16]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Geography
| Revenue by Geography | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| North America | 13,636 | 14,435 | 14,263 | 14,698 | 15,780 |
| Europe | 3,561 | 3,605 | 3,794 | 3,759 | 4,012 |
| Rest of World | 1,310 | 1,388 | 1,296 | 1,279 | 1,316 |
| Total revenues | 18,507 | 19,428 | 19,353 | 19,736 | 21,108 |
Source: Revenue Recognition footnote — disaggregation of revenues by geography (client billing location) [17] [18] [8] [19]. Click any linked figure to open the filing page with the row highlighted.
Workforce Global Delivery
| Workforce Global Delivery | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total employees (year-end, approx.) | 330,600 | 355,300 | 347,700 | 336,800 | 351,600 |
| Employees based in India (approx.) | 240,000 | 258,500 | 254,000 | 241,500 | 256,900 |
| Voluntary Attrition – Tech Services | — | 25.6% | 13.8% | 15.9% | 13.9% |
| Women as % of workforce | 38.0% | 38.0% | 38.0% | 38.0% | 39.0% |
Source: company filings [20] [21] [22] [23]. Click any linked figure to open the filing page with the row highlighted.
Margins Cash Conversion
| Margins Cash Conversion | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| GAAP operating margin | — | — | 13.9% | 14.7% | 16.1% |
| Adjusted operating margin (non-GAAP) | — | — | 15.1% | 15.3% | 15.8% |
| Days Sales Outstanding (DSO) | 69 | 74 | 77 | 78 | 81 |
Source: company filings [24] [25] [26] [27]. Click any linked figure to open the filing page with the row highlighted.
Capital Returns to Shareholders
| Capital Returns to Shareholders | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Dividends declared per share | 0.96 | 1.08 | 1.16 | 1.20 | 1.24 |
| Class A shares repurchased (millions) | 10 | 20 | 15 | 8 | 19 |
| Repurchase authorization remaining | — | — | — | — | 1,918 |
Source: company filings [28] [29] [30]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenues | Income from operations | Net income | Diluted earnings per share | Net cash provided by operating activities | Purchases of property and equipment |
|---|---|---|---|---|---|---|
| FY2018 | 16,125 | 2,801 | 2,101 | 3.60 | 2,592 | (377) |
| FY2019 | 16,783 | 2,453 | 1,842 | 3.29 | 2,499 | (392) |
| FY2020 | 16,652 | 2,114 | 1,392 | 2.57 | 3,299 | (398) |
| FY2021 | 18,507 | 2,826 | 2,137 | 4.05 | 2,495 | (279) |
| FY2022 | 19,428 | 2,968 | 2,290 | 4.41 | 2,568 | (332) |
| FY2023 | 19,353 | 2,689 | 2,126 | 4.21 | 2,330 | (317) |
| FY2024 | 19,736 | 2,892 | 2,240 | 4.51 | 2,124 | (297) |
| FY2025 | 21,108 | 3,389 | 2,230 | 4.56 | 2,883 | (288) |
Source: consolidated statements across filings; older years from the standardized feed [13] [1] [14] [2]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Employees (period end) | 330,600 | 355,300 | 347,700 | 336,800 | 351,600 |
| Remaining performance obligations | 1,586 | 3,361 | 4,007 | 4,911 | 6,279 |
Source: company-reported operating metrics [31] [21] [32] [22]. Click any linked figure to open the filing page with the row highlighted.
Analyst Consensus
Current price
Mean target
Median target
High target
Low target
Estimate source: Yahoo Finance analyst consensus, as of 2026-07-17. Estimate figures link to the consensus source, not to filing pages.
Traceability
383 of 392 figures on this page (98%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.
Display unit is US$ millions, as printed on Cognizant's consolidated statements ('in millions, except per share data').
Main columns FY2021–FY2025 are cited to each year's own Form 10-K current-year column (income statement and cash flow print three years; the balance sheet prints two).
Revenue by industry segment: FY2024 and FY2025 use the Note 17 segment table in the FY2025 10-K (new ASU 2023-07 format); FY2022 and FY2023 use the comparable Note 18 table in the FY2024 10-K; FY2021 uses the Revenue Recognition disaggregation table (per-segment totals) in the FY2023 10-K, because pre-FY2024 segment footnotes present the revenue table as an image not machine-readable in the corpus.
Segment operating profit is shown only for FY2024–FY2025. The company changed its internal segment-profit measurement in Q1 2025 and recast FY2024 but states FY2023 is impracticable to recast; earlier years used yet other methodologies, so a longer comparable series is not available.
Long-Term Record: FY2019–FY2020 are cited to the FY2021 10-K comparative columns; FY2018 is from the standardized SEC XBRL data feed and shown without a page link. FY2016–FY2017 revenue is not available in the feed, so the Long-Term Record starts at FY2018.
Quarterly Q4 FY25 income and all single-quarter cash flows are derived from printed year-to-date statements (FY2025 10-K full year minus Q3 FY2025 nine-month year-to-date, or successive 10-Q year-to-date differences); every derived value reconciles exactly and was cross-checked against the standardized quarterly data feed.
The Q3 FY2025 tax provision ($613 million for the quarter) was elevated by a discrete item, depressing Q3 FY25 net income and diluted EPS relative to the operating trend.
The FY2025 10-K reports the January 1, 2026 acquisition of 3Cloud as a subsequent event; $733 million of cash consideration sat in escrow (restricted cash in Other noncurrent assets) at December 31, 2025, and the Q1 FY2026 10-Q reflects the closed acquisition (goodwill rose to $7,681 million).