Cognizant › Financials
Cognizant financials
CTSHTen years from Cognizant’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.49B | $14.81B | $16.12B | $16.78B | $16.65B | $18.51B | $19.43B | $19.35B | $19.74B | $21.11B | $21.41B | — |
| Operating income | $2.29B | $2.48B | $2.80B | $2.45B | $2.11B | $2.83B | $2.97B | $2.69B | $2.89B | $3.39B | $3.38B | — |
| Net income | $1.55B | $1.50B | $2.10B | $1.84B | $1.39B | $2.14B | $2.29B | $2.13B | $2.24B | $2.23B | $2.23B | — |
| Earnings per share, diluted | $2.55 | $2.53 | $3.60 | $3.29 | $2.57 | $4.05 | $4.41 | $4.21 | $4.51 | $4.56 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.03B | $1.93B | $1.16B | $2.65B | $2.68B | $1.79B | $2.19B | $2.62B | $2.23B | $1.90B | — | $1.50B |
| Total assets | $14.26B | $15.22B | $15.91B | $16.20B | $16.92B | $17.85B | $17.85B | $18.48B | $19.97B | $20.69B | — | $20.50B |
| Debt | $881.0M | $800.0M | $750.0M | $738.0M | $663.0M | $626.0M | $638.0M | $606.0M | $875.0M | $543.0M | — | $535.0M |
| Total liabilities | $3.53B | $4.55B | $4.49B | $5.18B | $6.09B | $5.86B | $5.54B | $5.26B | $5.56B | $5.68B | — | $5.43B |
| Shareholders' equity | $10.73B | $10.67B | $11.42B | $11.02B | $10.84B | $11.99B | $12.31B | $13.23B | $14.41B | $15.02B | — | $15.07B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.65B | $2.41B | $2.59B | $2.50B | $3.30B | $2.50B | $2.57B | $2.33B | $2.12B | $2.88B | $2.76B | — |
| Capital spending | $300.0M | $284.0M | $377.0M | $392.0M | $398.0M | $279.0M | $332.0M | $317.0M | $297.0M | $288.0M | $287.0M | — |
| Free cash flow | $1.34B | $2.12B | $2.21B | $2.11B | $2.90B | $2.22B | $2.24B | $2.01B | $1.83B | $2.60B | $2.47B | — |
| Buybacks | $512.0M | $1.89B | $1.26B | $2.25B | $1.62B | $771.0M | $1.42B | $1.06B | $605.0M | $1.38B | $1.61B | — |
| Dividends | $0 | $265.0M | $468.0M | $453.0M | $480.0M | $509.0M | $564.0M | $591.0M | $600.0M | $610.0M | $614.0M | — |
| Returned to shareholders | $512.0M | $2.15B | $1.73B | $2.70B | $2.10B | $1.28B | $1.99B | $1.66B | $1.21B | $1.99B | $2.23B | — |
| Stock-based pay | $217.0M | $221.0M | $267.0M | $217.0M | $232.0M | $246.0M | $261.0M | $176.0M | $175.0M | $181.0M | $185.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Cognizant financials, answered
What is Cognizant's market cap?
$29.74B at $66.03 a share, with 450,444,209 shares outstanding as of Jul 24, 2026, from the cover of its latest SEC filing.
How much does Cognizant earn?
Revenue of $21.41B and net income of $2.23B in the last 12 months to Mar 2026.
How much debt does Cognizant have?
Cognizant reported $535.0M of debt and $1.50B of cash and equivalents on its balance sheet in Mar 2026.
Does Cognizant make free cash flow?
Yes. Operating cash flow minus capital spending was $2.47B in the last 12 months to Mar 2026.
How much cash does Cognizant return to shareholders?
$1.99B in buybacks and dividends in fiscal 2025, from the cash flow statement.