Company Analysis

Cognizant Technology Solutions Corporation (CTSH)

Nasdaq: CTSH · Services-Computer Programming Services · Teaneck, NJ · filing with the SEC since 1998
Grade6.5
◀ Past 6.9● Present 7.1▶ Future 5.7

The grade of Cognizant Technology Solutions Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.5/10
◀ Past6.925% of the headline
● Present7.135% of the headline
▶ Future5.740% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.9/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 75th percentile among 34 sector filers · read for itself

From the record

Cognizant Technology Solutions Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.1/10

What has it actually done, year after year?

+5.1% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 61st percentile among 33 sector filers · read for its customers

From the record

Cognizant Technology Solutions Corporation's 10 filed years say what it did: revenue went from $13 billion in fiscal 2016 to $21 billion in fiscal 2025, up 5.1% a year; it rose in 7 of 9 years; the deepest fall was 1% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.1%bottom 41% of its family
  • the share of years revenue rosetop 44% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.8%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.6/10

How has it treated the people who own it?

Share count shrank 2.0% a year. 66% of cash flow returned. Insiders: 33 sales, 1 purchases.

weight 33% of this tense · 76th percentile among 20 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Cognizant Technology Solutions Corporation's diluted share count shrank about 2.0% a year, and dividends and buybacks returned about 66% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 33 sales (33 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-10, buying about $210 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 18% of its family
  • cash returned against operating cash flowtop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.1/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
7.5/10

Is it financially healthy right now?

ROE 15%: 15¢ of profit per shareholder dollar. Leverage 27%: owes 27¢ per asset dollar.

weight 45% of this tense · 75th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Cognizant Technology Solutions Corporation earned about 15 cents of profit for every dollar of shareholders' money. Leverage: it owed about 27 cents per dollar of assets, and net share issuance: its share count shrank 1.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 39% of its family
  • return on equitytop 19% of its family
  • the share count against the year beforetop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.0/10

How strong is its position in its industry?

top 30% of 33 in its family; net margin 10.6%.

weight 33% of this tense · 70th percentile among 33 sector filers · read for its customers

From the record

Cognizant Technology Solutions Corporation's standing among 33 graded names in its industry family: revenue of $21 billion in fiscal 2025 ranks in the top 2% by size; a net margin of 10.6% ranks in the top 29%; revenue growth of 2.8% a year over the last 3 filed years ranks in the bottom 41% (its annual reports).

What it rests on

  • revenue against the family$21.11Btop 2% of its family
  • net margin10.6%top 29% of its family
  • three-year revenue growth2.8%bottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.4/10

What are the people in charge doing?

top 36% of 11 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 64th percentile among 11 sector filers · read for its shareholders

From the record

Cognizant Technology Solutions Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Singisetti, Ravi Kumar (Chief Executive Officer, as filed), filing under that title since 2023-01-17, 3.8 years (top 42% of its family); the 20 officers and directors filing in the last fifteen months have been on the record a median of 5.2 years (bottom 39%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (top 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 20 peopletop 4% of its family
  • the median years the people in charge have filed5.2 yearsbottom 39% of its family
  • the chief executive's years on the record3.8 yearstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.7/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.9/10

How much room does it have to grow?

top 41% of 32 in its family for room to expand.

weight 22% of this tense · 59th percentile among 32 sector filers · read for itself

From the record

Cognizant Technology Solutions Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $1.9 billion against debt of $543 million leaves 6.6% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 12.3% of revenue (top 27%) (its annual report).

What it rests on

  • cash less debt against assets6.6%bottom 44% of its family
  • cash from operations less capital spending against revenue12.3%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 33 in its family for growth drivers.

weight 45% of this tense · 54th percentile among 33 sector filers · read for its customers

From the record

Cognizant Technology Solutions Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 2.8% a year over the last three filed years against 5.1% over all 10, slowing (bottom 47% of its family); the newest year grew 7% (top 32%); capital spending grew -4.6% a year (bottom 46%) (its annual reports). Cognizant Technology Solutions Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-2.3 points a yearbottom 47% of its family
  • the newest year's revenue growth7.0%top 32% of its family
  • three-year growth of capital spending-4.6%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 40% of 29 in its family for expectations against reality.

weight 33% of this tense · 60th percentile among 29 sector filers · read for its shareholders

From the record

Cognizant Technology Solutions Corporation's newest year against its own record: revenue of $21 billion in fiscal 2025 came in 6.1% above the $20 billion its prior three years' pace pointed to (top 26% of its family); net income of $2.2 billion against a prior three-year average of $2.2 billion (bottom 47%); a net margin of 10.6% against 11.4% before (top 40%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace6.1%top 26% of its family
  • net income against the prior three years' average+1%bottom 47% of its family
  • net margin against its prior average-0.8 pointstop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CTSH · research, not advice