Cognizant

CTSH · Information Technology · Market cap $23.9B

Q1 FY26 Jan 1 – Mar 31, 2026 reported Jul 29, 2026

Revenue$5.4B +6% year over year

Gross profit$1.8B

Operating profit$0.8B

Net profit$0.7B 12% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	5.4	100%	+6%
Financial Services	1.7	31%	+19%
Healthcare Segment	1.6	30%	+0%
Products and Resources	1.3	24%	+3%
Communications, Media and…	0.9	17%
Cost of revenue	−3.6	67%
Gross profit	1.8	33% margin	−1pp
SG&A	−0.8	15%	−1pp
Other	−0.1	3%	+0pp
Operating profit	0.8	16% margin	−1pp
Tax	−0.1
Net profit	0.7	12%	−1pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.3	100%	+5%
Consulting and Technology	3.4	64%	+6%
Outsourcing Services	1.9	36%	+3%
Cost of revenue	−3.5	66%
Gross profit	1.8	34% margin	−1pp
SG&A	−0.8	15%	−1pp
Other	−0.1	3%	+0pp
Operating profit	0.9	16% margin	+1pp
Tax	−0.3
Net profit	0.6	12%	+1pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.4	100%	+7%
Consulting and Technology	3.5	65%	+8%
Outsourcing Services	1.9	35%	+6%
Cost of revenue	−3.6	67%
Gross profit	1.8	34% margin	+0pp
SG&A	−0.8	15%	−1pp
Other	−0.1	2%	+0pp
Operating profit	0.9	16% margin	+1pp
Tax	−0.6
Net profit	0.3	5%	−6pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.2	100%	+8%
Consulting and Technology	3.4	65%	+10%
Outsourcing Services	1.9	37%	+5%
Cost of revenue	−3.5	67%
Gross profit	1.8	34% margin	+0pp
SG&A	−0.8	15%	−1pp
Other	−0.1	3%	+0pp
Operating profit	0.8	16% margin	+1pp
Tax	−0.2
Net profit	0.6	12%	+1pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	Jul 29, 2026	$5.4B	+6%	15%	$0.7B	12%
Q4 FY25	Oct 1 – Dec 31, 2025	Feb 12, 2026	$5.3B	+5%	17%	$0.6B	12%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 29, 2025	$5.4B	+7%	17%	$0.3B	5%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 31, 2025	$5.2B	+8%	15%	$0.6B	12%