Cognizant Technology Solutions Corporation
Cognizant Reports 4.5% Revenue Growth in Q2 2026
Summary
Cognizant Technology Solutions Corporation reported a 4.5% year-over-year revenue growth for the second quarter of 2026, reaching $5.5 billion. The company's operating margin increased by 30 basis points to 15.9%, and adjusted operating margin rose by 40 basis points to 16.0%. GAAP earnings per share (EPS) increased by 3.8% to $1.36, while adjusted EPS increased by 4.6% to $1.37. Cognizant also provided guidance for the full year 2026, expecting revenue growth of 4.4% to 5.9% and adjusted EPS growth of 8% to 10%. The company deployed $1.1 billion on share repurchases during the quarter and declared a quarterly cash dividend of $0.33 per share. Additionally, Cognizant completed the acquisition of Astreya for $634 million, net of cash acquired.
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About Cognizant Technology Solutions Corporation
Cognizant Technology Solutions Corporation is a prominent player in the professional services and IT consulting industries. The company specializes in offering a diverse range of services, including digital transformation, information technology, consulting, operations, and business process outsourcing. Operating globally, Cognizant assists a multitude of sectors such as healthcare, financial services, manufacturing, and retail, enabling clients to navigate the complexities of the digital economy. Founded in 1994 and headquartered in Teaneck, New Jersey, Cognizant has established itself as a leader in helping businesses innovate, automate, and modernize their IT infrastructure. The corporation leverages cutting-edge technologies like artificial intelligence, cloud computing, and data analytics to provide tailored solutions that optimize efficiency and drive growth for its clients. In the financial market, Cognizant is recognized for its consistent performance and resilience, maintaining a robust presence across various markets. Its role in facilitating digital enablement and technological advancements positions it as a critical ally for businesses aiming to remain competitive in the swiftly evolving digital landscape.
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