CTSHCognizant

Technology · IT Services · Nasdaq

Cognizant is one of the world’s leading professional services companies, engineering modern businesses and delivering strategic outcomes for our clients. 10-K, Item 1

Employees: 351,600
Headquarters: Teaneck, NJ
CEO: Ravi Kumar Singisetti
Next results: around Feb 3, 2027

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CTSH and 9 peers, year by year

The 9 Technology companies closest to CTSH in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
CTSH Cognizant	FY2025	$21.1B	+7.0%	-	16.1%	10.6%	12.3%	14.9%	0.04
INTU Intuit	FY2026	$21.4B	+13.9%	-	27.4%	21.3%	40.4%	24.0%	0.40
TXN Texas Instruments	FY2025	$17.7B	+13.0%	57.0%	34.1%	28.3%	14.7%	30.7%	0.86
TEL TE Connectivity	FY2026	$19.9B	+15.2%	36.2%	20.1%	16.4%	17.1%	24.0%	0.42
CDW CDW Corporation	FY2025	$22.4B	+6.8%	21.7%	7.4%	4.8%	4.9%	40.9%	2.16
ADBE Adobe Inc.	FY2025	$23.8B	+10.5%	89.3%	36.6%	30.0%	41.4%	61.3%	0.53
GLW Corning Inc.	FY2025	$15.6B	+19.1%	36.0%	14.6%	10.2%	-	13.5%	0.71
LRCX Lam Research	FY2026	$23.2B	+26.0%	50.5%	35.3%	31.3%	21.1%	58.3%	0.30
NOW ServiceNow	FY2025	$13.3B	+20.9%	77.5%	13.7%	13.2%	34.5%	13.5%	0.12
SNDK Sandisk	FY2026	$20.2B	+175%	71.5%	61.2%	56.5%	56.8%	72.7%	0.00

Revenuepeer median $20.2B

Sales growthpeer median +15.2%

Gross marginpeer median 53.7%

Operating marginpeer median 27.4%

Net marginpeer median 21.3%

FCF marginpeer median 27.8%

Return on equitypeer median 30.7%

Debt / equitypeer median 0.42

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	$13.5B	$14.8B	$16.1B	$16.8B	$16.7B	$18.5B	$19.4B	$19.4B	$19.7B	$21.1B
INTU Jul	$4.7B	$5.2B	$6.0B	$6.8B	$7.7B	$9.6B	$12.7B	$14.4B	$16.3B	$18.8B
TXN Dec	$13.4B	$15.0B	$15.8B	$14.4B	$14.5B	$18.3B	$20.0B	$17.5B	$15.6B	$17.7B
TEL Sep	$11.4B	$12.2B	$14.0B	$13.4B	$12.2B	$14.9B	$16.3B	$16.0B	$15.8B	$17.3B
CDW Dec	$14.0B	$15.2B	$16.2B	$18.0B	$18.5B	$20.8B	$23.7B	$21.4B	$21.0B	$22.4B
ADBE Nov	$5.9B	$7.3B	$9.0B	$11.2B	$12.9B	$15.8B	$17.6B	$19.4B	$21.5B	$23.8B
GLW Dec	$9.4B	$10.1B	$11.3B	$11.5B	$11.3B	$14.1B	$14.2B	$12.6B	$13.1B	$15.6B
LRCX Jun	$5.9B	$8.0B	$11.1B	$9.7B	$10.0B	$14.6B	$17.2B	$17.4B	$14.9B	$18.4B
NOW Dec	$1.4B	$1.9B	$2.6B	$3.5B	$4.5B	$5.9B	$7.2B	$9.0B	$11.0B	$13.3B
SNDK Jul	-	-	-	-	-	-	-	$6.1B	$6.7B	$7.4B
Peer median	$7.6B	$9.1B	$11.2B	$11.3B	$11.7B	$14.8B	$16.8B	$16.0B	$15.6B	$17.7B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	+8.6%	+9.8%	+8.9%	+4.1%	−0.8%	+11.1%	+5.0%	−0.4%	+2.0%	+7.0%
INTU Jul	-	+10.3%	+16.0%	+12.6%	+13.2%	+25.4%	+32.1%	+12.9%	+13.3%	+15.6%
TXN Dec	+2.8%	+11.9%	+5.5%	−8.9%	+0.5%	+26.9%	+9.2%	−12.5%	−10.7%	+13.0%
TEL Sep	-	+7.3%	+14.8%	−3.9%	−9.5%	+22.6%	+9.1%	−1.5%	−1.2%	+8.9%
CDW Dec	+7.6%	+8.5%	+9.5%	+11.0%	+2.4%	+12.7%	+14.1%	−10.0%	−1.8%	+6.8%
ADBE Nov	+22.1%	+24.7%	+23.7%	+23.7%	+15.2%	+22.7%	+11.5%	+10.2%	+10.8%	+10.5%
GLW Dec	-	+7.7%	+11.6%	+1.9%	−1.7%	+24.6%	+0.8%	−11.3%	+4.2%	+19.1%
LRCX Jun	-	+36.1%	+38.2%	−12.9%	+4.1%	+45.6%	+17.8%	+1.2%	−14.5%	+23.7%
NOW Dec	+38.3%	+37.9%	+36.0%	+32.6%	+30.6%	+30.5%	+22.9%	+23.8%	+22.4%	+20.9%
SNDK Jul	-	-	-	-	-	-	-	-	+9.5%	+10.4%
Peer median	+14.9%	+11.1%	+15.4%	+6.5%	+3.2%	+25.0%	+12.8%	−0.2%	+4.2%	+13.0%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	-	-	-	-	-	-	-	-	-	-
INTU Jul	-	-	-	-	-	-	-	-	-	-
TXN Dec	61.8%	64.3%	65.1%	63.7%	64.1%	67.5%	68.8%	62.9%	58.1%	57.0%
TEL Sep	33.7%	34.3%	33.9%	32.7%	30.7%	32.7%	32.2%	31.5%	34.4%	35.2%
CDW Dec	16.7%	16.1%	16.7%	16.9%	17.4%	17.1%	19.7%	21.8%	21.9%	21.7%
ADBE Nov	86.0%	86.2%	86.8%	85.0%	86.6%	88.2%	87.7%	87.9%	89.0%	89.3%
GLW Dec	40.1%	39.7%	39.5%	35.1%	31.2%	36.0%	31.8%	31.2%	32.6%	36.0%
LRCX Jun	44.5%	45.0%	46.6%	45.1%	45.9%	46.5%	45.7%	44.6%	47.3%	48.7%
NOW Dec	71.3%	73.4%	76.1%	77.0%	78.2%	77.1%	78.3%	78.6%	79.2%	77.5%
SNDK Jul	-	-	-	-	-	-	-	7.1%	16.1%	30.1%
Peer median	44.5%	45.0%	46.6%	45.1%	45.9%	46.5%	45.7%	38.1%	40.9%	42.3%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	17.0%	16.8%	17.4%	14.6%	12.7%	15.3%	15.3%	13.9%	14.7%	16.1%
INTU Jul	26.5%	27.3%	25.9%	27.3%	28.3%	26.0%	20.2%	21.9%	22.3%	26.1%
TXN Dec	36.3%	40.7%	42.5%	39.8%	40.8%	48.8%	50.6%	41.8%	34.9%	34.1%
TEL Sep	15.9%	15.4%	16.7%	14.7%	4.4%	16.3%	16.9%	14.4%	17.6%	18.6%
CDW Dec	5.9%	5.7%	6.1%	6.3%	6.4%	6.8%	7.3%	7.9%	7.9%	7.4%
ADBE Nov	25.5%	29.7%	31.5%	29.3%	32.9%	36.8%	34.6%	34.3%	31.3%	36.6%
GLW Dec	15.2%	15.9%	14.0%	11.4%	4.5%	15.0%	10.1%	7.1%	8.7%	14.6%
LRCX Jun	18.3%	23.7%	29.0%	25.5%	26.6%	30.6%	31.2%	29.7%	28.6%	32.0%
NOW Dec	−27.5%	−3.3%	−1.6%	1.2%	4.4%	4.4%	4.9%	8.5%	12.4%	13.7%
SNDK Jul	-	-	-	-	-	-	-	−33.4%	−7.0%	−18.7%
Peer median	17.1%	19.8%	21.3%	20.1%	16.5%	21.1%	18.6%	14.4%	17.6%	18.6%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	11.5%	10.2%	13.0%	11.0%	8.4%	11.5%	11.8%	11.0%	11.3%	10.6%
INTU Jul	20.9%	19.0%	22.1%	23.0%	23.8%	21.4%	16.2%	16.6%	18.2%	20.5%
TXN Dec	26.9%	24.6%	35.4%	34.9%	38.7%	42.4%	43.7%	37.2%	30.7%	28.3%
TEL Sep	17.7%	13.8%	18.3%	13.7%	−2.0%	15.2%	14.9%	11.9%	20.2%	10.7%
CDW Dec	3.0%	3.4%	4.0%	4.1%	4.3%	4.7%	4.7%	5.2%	5.1%	4.8%
ADBE Nov	20.0%	23.2%	28.7%	26.4%	40.9%	30.5%	27.0%	28.0%	25.9%	30.0%
GLW Dec	39.4%	−4.9%	9.4%	8.3%	4.5%	13.5%	9.3%	4.6%	3.9%	10.2%
LRCX Jun	15.5%	21.2%	21.5%	22.7%	22.4%	26.7%	26.7%	25.9%	25.7%	29.1%
NOW Dec	−29.8%	−6.0%	−1.0%	18.1%	2.6%	3.9%	4.5%	19.3%	13.0%	13.2%
SNDK Jul	-	-	-	-	-	-	-	−35.2%	−10.1%	−22.3%
Peer median	18.8%	16.4%	19.9%	20.4%	13.5%	18.3%	15.6%	16.6%	18.2%	13.2%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	$1.3B	$2.1B	$2.2B	$2.1B	$2.9B	$2.2B	$2.2B	$2.0B	$1.8B	$2.6B
INTU Jul	$1.0B	$1.5B	$2.1B	$2.2B	$2.4B	$3.2B	$3.7B	$4.8B	$4.7B	$6.1B
TXN Dec	$4.1B	$4.7B	$6.1B	$5.8B	$5.5B	$6.3B	$5.9B	$1.3B	$1.5B	$2.6B
TEL Sep	$1.3B	$1.6B	$1.5B	$1.7B	$1.4B	$2.0B	$1.7B	$2.4B	$2.8B	$3.2B
CDW Dec	$540.5M	$696.6M	$819.8M	$790.9M	$1.2B	$684.6M	$1.2B	$1.5B	$1.2B	$1.1B
ADBE Nov	$2.0B	$2.7B	$3.8B	$4.0B	$5.3B	$6.9B	$7.4B	$6.9B	$7.9B	$9.9B
GLW Dec	-	-	-	-	-	-	-	-	-	-
LRCX Jun	$1.2B	$1.9B	$2.4B	$2.9B	$1.9B	$3.2B	$2.6B	$4.7B	$4.3B	$5.4B
NOW Dec	$53.5M	$492.4M	$586.6M	$971.0M	$1.4B	$1.8B	$2.2B	$2.7B	$3.4B	$4.6B
SNDK Jul	-	-	-	-	-	-	-	−$932.0M	−$475.0M	−$120.0M
Peer median	$1.2B	$1.6B	$2.1B	$2.2B	$1.9B	$3.2B	$2.6B	$2.6B	$3.1B	$3.9B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	10.0%	14.3%	13.7%	12.6%	17.4%	12.0%	11.5%	10.4%	9.3%	12.3%
INTU Jul	22.2%	28.8%	34.4%	33.1%	30.7%	33.2%	29.3%	33.7%	28.8%	32.5%
TXN Dec	30.5%	31.2%	38.4%	40.3%	38.0%	34.3%	29.6%	7.7%	9.6%	14.7%
TEL Sep	11.8%	13.5%	10.8%	12.4%	11.8%	13.3%	10.4%	15.0%	17.7%	18.6%
CDW Dec	3.9%	4.6%	5.0%	4.4%	6.3%	3.3%	5.1%	6.8%	5.5%	4.9%
ADBE Nov	34.1%	37.5%	41.7%	36.0%	41.2%	43.6%	42.0%	35.8%	36.6%	41.4%
GLW Dec	-	-	-	-	-	-	-	-	-	-
LRCX Jun	20.0%	23.4%	21.5%	29.8%	19.1%	22.1%	14.8%	26.8%	28.6%	29.4%
NOW Dec	3.8%	25.5%	22.5%	28.1%	30.3%	30.5%	30.0%	30.1%	31.1%	34.5%
SNDK Jul	-	-	-	-	-	-	-	−15.3%	−7.1%	−1.6%
Peer median	20.0%	25.5%	22.5%	29.8%	30.3%	30.5%	29.3%	20.9%	23.1%	24.0%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	14.5%	14.1%	18.4%	16.7%	12.8%	17.8%	18.6%	16.1%	15.5%	14.9%
INTU Jul	65.6%	58.0%	47.2%	41.5%	35.8%	20.9%	12.6%	13.8%	16.1%	19.6%
TXN Dec	34.3%	35.6%	62.0%	56.3%	60.9%	58.3%	60.0%	38.5%	28.4%	30.7%
TEL Sep	23.7%	17.3%	23.7%	17.4%	−2.6%	21.3%	22.5%	16.5%	25.8%	14.6%
CDW Dec	40.6%	53.1%	65.9%	76.7%	60.8%	140.1%	69.5%	54.1%	45.8%	40.9%
ADBE Nov	15.7%	20.0%	27.7%	28.0%	39.7%	32.6%	33.8%	32.9%	39.4%	61.3%
GLW Dec	20.7%	−3.2%	7.7%	7.4%	3.9%	15.5%	11.0%	5.0%	4.7%	13.5%
LRCX Jun	15.5%	24.9%	36.6%	46.9%	43.5%	64.8%	73.4%	54.9%	44.8%	54.3%
NOW Dec	−76.6%	−15.0%	−2.4%	29.5%	4.2%	6.2%	6.5%	22.7%	14.8%	13.5%
SNDK Jul	-	-	-	-	-	-	-	−18.7%	−6.1%	−17.8%
Peer median	22.2%	22.5%	32.1%	35.5%	37.7%	26.9%	28.2%	22.7%	25.8%	19.6%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	0.09	0.09	0.07	0.07	0.06	0.06	0.05	0.05	0.06	0.04
INTU Jul	0.67	0.29	0.16	0.12	0.66	0.21	0.42	0.35	0.33	0.30
TXN Dec	0.34	0.39	0.56	0.65	0.74	0.58	0.60	0.66	0.80	0.86
TEL Sep	0.52	0.52	0.46	0.38	0.44	0.34	0.39	0.36	0.34	0.45
CDW Dec	3.09	3.28	3.29	3.45	3.03	9.72	3.69	2.76	2.48	2.16
ADBE Nov	0.25	0.22	0.44	0.39	0.31	0.28	0.29	0.22	0.29	0.53
GLW Dec	0.22	0.33	0.43	0.60	0.60	0.57	0.58	0.65	0.67	0.71
LRCX Jun	0.73	0.39	0.36	0.95	1.12	0.82	0.79	0.60	0.58	0.45
NOW Dec	-	-	-	0.33	0.58	-	-	-	-	0.12
SNDK Jul	-	-	-	-	-	-	-	-	0.00	0.20
Peer median	0.52	0.39	0.44	0.50	0.63	0.57	0.58	0.60	0.46	0.45

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
CTSH Dec	$2.55	$2.53	$3.60	$3.29	$2.57	$4.05	$4.41	$4.21	$4.51	$4.56
INTU Jul	$3.69	$3.78	$5.09	$5.89	$6.92	$7.56	$7.28	$8.42	$10.43	$13.67
TXN Dec	$3.48	$3.61	$5.59	$5.24	$5.97	$8.26	$9.41	$7.07	$5.20	$5.45
TEL Sep	$5.44	$4.70	$7.27	$5.42	−$0.73	$6.79	$7.47	$6.03	$10.33	$6.16
CDW Dec	$2.56	$3.31	$4.19	$4.99	$5.45	$7.04	$8.13	$8.10	$7.97	$8.08
ADBE Nov	$2.32	$3.38	$5.20	$6.00	$10.83	$10.02	$10.10	$11.82	$12.36	$16.70
GLW Dec	$3.23	−$0.66	$1.13	$1.07	$0.54	$1.28	$1.54	$0.68	$0.58	$1.83
LRCX Jun	$0.52	$0.92	$1.32	$1.37	$1.51	$2.69	$3.27	$3.32	$2.90	$4.15
NOW Dec	−$0.50	−$0.14	−$0.03	$0.64	$0.12	$0.23	$0.32	$1.68	$1.37	$1.67
SNDK Jul	-	-	-	-	-	-	-	−$14.78	−$4.63	−$11.32
Peer median	$2.90	$3.34	$4.64	$5.12	$3.48	$6.92	$7.38	$6.03	$5.20	$5.45

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out CTSH and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

Work on CTSH in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CTSH/export.csv") into a cell.