Cognizant Reports Third Quarter 2026 Results with $5.7 Billion in Revenue

Cognizant announced its financial results for the third quarter of 2026, reporting revenue of $5.7 billion, which represents a 4.6% increase year-over-year or 4.8% in constant currency. The company cited growth across key operational metrics and revised its full-year guidance.

To verify the original announcement, stakeholders can review filings on the Nasdaq exchange or visit Cognizant's investor relations website at investors.cognizant.com.

Financial Highlights

• Revenue: Reached $5.7 billion, up 4.6% year-over-year.
• Operating Margin: Reported at 15.4%, with an Adjusted Operating Margin of 16.3%, showing a 30 basis point increase year-over-year.
• Earnings Per Share: GAAP EPS stood at $1.39, while Adjusted EPS reached $1.49, marking a 7.2% year-over-year increase.
• Bookings: Trailing 12-month bookings totaled $28.7 billion, representing a 4% increase year-over-year.

Guidance and Strategic Updates

Cognizant revised its full-year 2026 constant currency revenue growth guidance to a range of 4.0% to 4.4%. The company also updated its Adjusted Operating Margin guidance to approximately 16.1% and projected Adjusted Diluted EPS between $5.72 and $5.79.

Leadership highlighted ongoing investments in artificial intelligence capabilities, workforce skilling programs, and strategic partnerships, including projects with major clients across biopharmaceuticals, banking, and technology sectors.