Cognizant Technology Solutions Corporation (CTSH)
The company now
Cognizant reported third-quarter 2026 revenue of $5.7 billion on October 29, 2026, up 4.6 percent from a year earlier 1. Financial Services grew 12.0 percent to $1,767 million, while Health Sciences fell 1.1 percent and Products and Resources fell 0.9 percent 1. Acquisitions added about 210 basis points of growth, or 2.1 percentage points (computed), and resold third-party products added about 190 basis points 2.
Operating margin, the share of revenue left after the costs of running the business, was 15.4 percent on the company's reported basis, down 60 basis points 1. On its adjusted measure the margin was 16.3 percent, up 30 basis points 1. The reported figure carried $51 million of costs from Project Leap, a restructuring program begun in the second quarter of 2026 2.
Chief Executive Ravi Kumar S said over 50 percent of the company's code is now AI-assisted 1. The company also expects full-year 2026 revenue of $22.05 billion to $22.14 billion 1. Headcount stood at 359,900 on September 30, 2026, up 10,100 from a year earlier 1.
Two items remain open, according to the 10-Q 2. On October 21, 2026 the company agreed to buy DyFlex Solutions, an Australian SAP consulting firm, for about $210 million in cash 2. A trial on some non-class claims in a hiring-bias case is set for December 8, 2026 2.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.