Cognizant Technology Solutions (CTSH) Financials: Revenue & Earnings
CTSH$66.63+0.41 +0.62%
$30.01B
Market Cap
14.88
P/E
11.57
Forward P/E
57
Score
Cognizant Technology Solutions (CTSH) Financials: Revenue & Earnings
CTSH price $66.63 +0.41 +0.62%
- Ticker
- CTSH
- Price
- $66.63
- Change
- +0.41 +0.62%
- Market cap ?
- $30.01B
- P/E ?
- 14.88
- Forward P/E ?
- 11.57
- Dividend yield ?
- 1.87%
- Beta ?
- 0.85
- Sector
- Technology
- Industry
- Information Technology Services
- Stocklytics score
- 57
- Value
- 72
- Quality
- 67
- Growth
- 33
Stocklytics score rationale: value 72, quality 67, growth 33.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 13487000000 | 14810000000 | 16125000000 | 16783000000 | 16652000000 | 18507000000 | 19428000000 | 19353000000 | 19736000000 | 21108000000 |
Cognizant Technology Solutions Corporation functions as a global professional services firm, delivering a comprehensive suite of consulting, technology, and outsourcing solutions across North America, Europe, and other international markets. Its operations are structured into four primary divisions: Financial Services, Healthcare, Products and Resources, and Communications, Media and Technology. Within the Financial…
Fair value
CTSH fair value $108.54. Price $66.63. Price is 39% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 63% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 2.60B. Growth 2.87%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.98% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 450.44M. Net debt -326.00M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-29 | — | 1.46 | — | 5.64B |
| 2026-07-29 | 1.37 | 1.38 | 5.48B | 5.48B |
| 2026-04-29 | 1.40 | 1.34 | 5.41B | 5.41B |
| 2026-02-04 | 1.35 | 1.32 | 5.33B | 5.31B |
| 2025-10-29 | 1.39 | 1.30 | 5.42B | 5.32B |
| 2025-07-30 | 1.31 | 1.26 | 5.25B | 5.19B |
| 2025-04-30 | 1.23 | 1.20 | 5.12B | 5.06B |
| 2025-02-05 | 1.21 | 1.12 | 5.08B | 5.07B |
| 2024-10-30 | 1.25 | 1.15 | 5.04B | 4.99B |
| 2024-07-31 | 1.17 | 1.12 | 4.85B | 4.80B |
| 2024-05-01 | 1.12 | 1.11 | 4.76B | 4.72B |
| 2024-02-06 | 1.18 | 1.04 | 4.76B | 4.76B |
| 2023-11-01 | 1.16 | 1.09 | 4.90B | 4.91B |
| 2023-08-02 | 1.10 | 0.99 | 4.89B | 4.84B |
| 2023-05-03 | 1.11 | 1.04 | 4.81B | 4.73B |
| 2023-02-02 | 1.01 | 1.02 | 4.84B | 4.78B |
| 2022-11-02 | 1.17 | 1.16 | 4.86B | 4.98B |
| 2022-07-27 | 1.14 | 1.08 | 4.91B | 4.91B |
| 2022-05-04 | 1.08 | 1.04 | 4.83B | 4.82B |
| 2022-02-02 | 1.10 | 1.04 | 4.78B | 4.78B |
| 2021-10-27 | 1.06 | 1.05 | 4.74B | 4.71B |
| 2021-07-28 | 0.99 | 0.96 | 4.58B | 4.71B |
| 2021-05-05 | 0.97 | 0.94 | 4.40B | 4.36B |
| 2021-02-03 | 0.67 | 0.90 | 4.18B | 5.25B |
| 2020-10-28 | 0.97 | 0.90 | 4.24B | 3.98B |
| 2020-07-29 | 0.82 | 0.69 | 4.00B | 3.37B |
| 2020-05-07 | 0.96 | 0.92 | 4.22B | 4.05B |
| 2020-02-05 | 1.07 | 1.04 | 4.28B | 4.16B |
| 2019-10-30 | 1.08 | 1.05 | 4.25B | 4.13B |
| 2019-07-31 | 0.94 | 0.92 | 4.14B | 4.05B |
| 2019-05-02 | 0.91 | 1.04 | 4.11B | 4.70B |
| 2019-02-06 | 1.13 | 1.07 | 4.13B | 3.91B |
| 2018-10-30 | 1.19 | 1.13 | 4.08B | 3.87B |
| 2018-08-02 | 1.19 | 1.10 | 4.01B | 3.70B |
| 2018-05-07 | 1.06 | 1.06 | 3.91B | 3.91B |
| 2018-02-07 | 1.03 | 0.97 | 3.83B | 3.61B |
| 2017-11-01 | 0.98 | 0.95 | 3.77B | 3.69B |
| 2017-08-03 | 0.93 | 0.90 | 3.67B | 3.59B |
| 2017-05-05 | 0.84 | 0.83 | 3.55B | 3.50B |
| 2017-02-08 | 0.87 | 0.86 | 3.46B | 3.42B |
Dividends
Yield 1.95%. Payout ratio 27.84%. Frequency Quarterly.
Safety score 100/100 · Safe. Payout ratio is 28% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 10 separate years. Yield is 2.0%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-18 | $0.33 | 2026-08-18 | 2026-08-25 | Quarterly |
| 2026-05-18 | $0.33 | 2026-05-18 | 2026-05-27 | Quarterly |
| 2026-02-18 | $0.33 | 2026-02-18 | 2026-02-26 | Quarterly |
| 2025-11-18 | $0.31 | 2025-11-18 | 2025-11-26 | Quarterly |
| 2025-08-18 | $0.31 | 2025-08-18 | 2025-08-26 | Quarterly |
| 2025-05-19 | $0.31 | 2025-05-19 | 2025-05-28 | Quarterly |
| 2025-02-18 | $0.31 | 2025-02-18 | 2025-02-26 | Quarterly |
| 2024-11-19 | $0.30 | 2024-11-19 | 2024-11-27 | Quarterly |
| 2024-08-20 | $0.30 | 2024-08-20 | 2024-08-28 | Quarterly |
| 2024-05-17 | $0.30 | 2024-05-20 | 2024-05-29 | Quarterly |
| 2024-02-16 | $0.30 | 2024-02-20 | 2024-02-28 | Quarterly |
| 2023-11-20 | $0.29 | 2023-11-21 | 2023-11-30 | Quarterly |
| 2023-08-18 | $0.29 | 2023-08-21 | 2023-08-29 | Quarterly |
| 2023-05-18 | $0.29 | 2023-05-19 | 2023-05-30 | Quarterly |
| 2023-02-16 | $0.29 | 2023-02-17 | 2023-02-28 | Quarterly |
| 2022-11-17 | $0.27 | 2022-11-18 | 2022-11-29 | Quarterly |
| 2022-08-18 | $0.27 | 2022-08-19 | 2022-08-30 | Quarterly |
| 2022-05-19 | $0.27 | 2022-05-20 | 2022-05-31 | Quarterly |
| 2022-02-17 | $0.27 | 2022-02-18 | 2022-03-01 | Quarterly |
| 2021-11-18 | $0.24 | 2021-11-19 | 2021-11-30 | Quarterly |
| 2021-08-19 | $0.24 | 2021-08-20 | 2021-08-31 | Quarterly |
| 2021-05-19 | $0.24 | 2021-05-20 | 2021-05-28 | Quarterly |
| 2021-02-17 | $0.24 | 2021-02-18 | 2021-02-26 | Quarterly |
| 2020-11-18 | $0.22 | 2020-11-19 | 2020-11-30 | Quarterly |
| 2020-08-20 | $0.22 | 2020-08-21 | 2020-08-31 | Quarterly |
| 2020-05-19 | $0.22 | 2020-05-20 | 2020-05-29 | Quarterly |
| 2020-02-14 | $0.22 | 2020-02-18 | 2020-02-28 | Quarterly |
| 2019-11-18 | $0.20 | 2019-11-19 | 2019-11-29 | Quarterly |
| 2019-08-21 | $0.20 | 2019-08-22 | 2019-08-30 | Quarterly |
| 2019-05-21 | $0.20 | 2019-05-22 | 2019-05-31 | Quarterly |
| 2019-02-20 | $0.20 | 2019-02-21 | 2019-02-28 | Quarterly |
| 2018-11-19 | $0.20 | 2018-11-20 | 2018-11-30 | Quarterly |
| 2018-08-21 | $0.20 | 2018-08-22 | 2018-08-31 | Quarterly |
| 2018-05-21 | $0.20 | 2018-05-22 | 2018-05-31 | Quarterly |
| 2018-02-21 | $0.20 | 2018-02-22 | 2018-02-28 | Quarterly |
| 2017-11-17 | $0.15 | 2017-11-20 | 2017-11-30 | Quarterly |
| 2017-08-18 | $0.15 | 2017-08-22 | 2017-08-31 | Quarterly |
| 2017-05-18 | $0.15 | 2017-05-22 | 2017-05-31 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Kerdman Alina | Buy | 207 | — | — |
| 2026-10-01 | Kerdman Alina | Sell | 69 | $57.44 | 3.96K |
| 2026-10-01 | Kerdman Alina | Sell | 207 | — | — |
| 2026-09-30 | Kerdman Alina | Sell | 139 | $56.88 | 7.91K |
| 2026-09-15 | Gummadi Surya | Buy | 598 | — | — |
| 2026-09-15 | Gummadi Surya | Buy | 1.40K | — | — |
| 2026-09-15 | Gummadi Surya | Sell | 988 | $64.10 | 63.33K |
| 2026-09-15 | Gummadi Surya | Sell | 1.40K | — | — |
| 2026-09-15 | Gummadi Surya | Sell | 598 | — | — |
| 2026-09-15 | Kerdman Alina | Buy | 200 | — | — |
| 2026-09-15 | Kerdman Alina | Sell | 66 | $64.10 | 4.23K |
| 2026-09-15 | Kerdman Alina | Sell | 200 | — | — |
| 2026-09-15 | Ayyar Balu Ganesh | Buy | 849 | — | — |
| 2026-09-15 | Ayyar Balu Ganesh | Sell | 849 | — | — |
| 2026-09-15 | Kim John Sunshin | Buy | 1.65K | — | — |
| 2026-09-15 | Kim John Sunshin | Sell | 889 | $64.10 | 56.98K |
| 2026-09-15 | Kim John Sunshin | Sell | 1.65K | — | — |
| 2026-09-15 | Diaz Kathryn | Buy | 50 | — | — |
| 2026-09-15 | Diaz Kathryn | Buy | 699 | — | — |
| 2026-09-15 | Diaz Kathryn | Sell | 373 | $64.10 | 23.91K |
| 2026-09-15 | Diaz Kathryn | Sell | 699 | — | — |
| 2026-09-15 | Diaz Kathryn | Sell | 50 | — | — |
| 2026-09-15 | Singisetti Ravi Kumar | Buy | 5.99K | — | — |
| 2026-09-15 | Singisetti Ravi Kumar | Sell | 3.23K | $64.10 | 207.11K |
| 2026-09-15 | Singisetti Ravi Kumar | Sell | 5.99K | — | — |
| 2026-09-15 | Dalal Jatin P | Buy | 648 | — | — |
| 2026-09-15 | Dalal Jatin P | Buy | 1.85K | — | — |
| 2026-09-15 | Dalal Jatin P | Sell | 1.35K | $64.10 | 86.34K |
| 2026-09-15 | Dalal Jatin P | Sell | 1.85K | — | — |
| 2026-09-15 | Dalal Jatin P | Sell | 648 | — | — |
| 2026-09-15 | Varrier Rajesh | Buy | 249 | — | — |
| 2026-09-15 | Varrier Rajesh | Buy | 272 | — | — |
| 2026-09-15 | Varrier Rajesh | Sell | 468 | $64.10 | 30.00K |
| 2026-09-15 | Varrier Rajesh | Buy | 749 | — | — |
| 2026-09-15 | Varrier Rajesh | Sell | 249 | — | — |
| 2026-09-15 | Varrier Rajesh | Sell | 272 | — | — |
| 2026-09-15 | Varrier Rajesh | Sell | 749 | — | — |
| 2026-09-14 | Kerdman Alina | Sell | 134 | $62.40 | 8.36K |
| 2026-09-02 | Kim John Sunshin | Sell | 2.50K | $63.37 | 158.43K |
| 2026-09-01 | Varrier Rajesh | Buy | 204 | — | — |
| 2026-09-01 | Varrier Rajesh | Buy | 340 | — | — |
| 2026-09-01 | Varrier Rajesh | Sell | 210 | $64.58 | 13.56K |
| 2026-09-01 | Varrier Rajesh | Sell | 340 | — | — |
| 2026-09-01 | Varrier Rajesh | Sell | 204 | — | — |
| 2026-09-01 | Dalal Jatin P | Buy | 1.53K | — | — |
| 2026-09-01 | Dalal Jatin P | Buy | 2.96K | — | — |
| 2026-09-01 | Dalal Jatin P | Sell | 3.50K | $64.58 | 226.29K |
| 2026-09-01 | Dalal Jatin P | Buy | 1.96K | — | — |
| 2026-09-01 | Dalal Jatin P | Sell | 2.96K | — | — |
| 2026-09-01 | Dalal Jatin P | Sell | 1.53K | — | — |
| 2026-09-01 | Dalal Jatin P | Sell | 1.96K | — | — |
| 2026-09-01 | Singisetti Ravi Kumar | Buy | 9.78K | — | — |
| 2026-09-01 | Singisetti Ravi Kumar | Sell | 8.19K | $64.58 | 528.72K |
| 2026-09-01 | Singisetti Ravi Kumar | Buy | 5.31K | — | — |
| 2026-09-01 | Singisetti Ravi Kumar | Sell | 9.78K | — | — |
| 2026-09-01 | Singisetti Ravi Kumar | Sell | 5.31K | — | — |
| 2026-09-01 | Diaz Kathryn | Buy | 408 | — | — |
| 2026-09-01 | Diaz Kathryn | Buy | 985 | — | — |
| 2026-09-01 | Diaz Kathryn | Sell | 1.07K | $64.58 | 69.04K |
| 2026-09-01 | Diaz Kathryn | Buy | 743 | — | — |
| 2026-09-01 | Diaz Kathryn | Sell | 985 | — | — |
| 2026-09-01 | Diaz Kathryn | Sell | 408 | — | — |
| 2026-09-01 | Diaz Kathryn | Sell | 743 | — | — |
| 2026-09-01 | Kim John Sunshin | Buy | 408 | — | — |
| 2026-09-01 | Kim John Sunshin | Buy | 2.24K | — | — |
| 2026-09-01 | Kim John Sunshin | Sell | 2.38K | $64.58 | 154.02K |
| 2026-09-01 | Kim John Sunshin | Buy | 478 | — | — |
| 2026-09-01 | Kim John Sunshin | Buy | 1.27K | — | — |
| 2026-09-01 | Kim John Sunshin | Sell | 2.24K | — | — |
| 2026-09-01 | Kim John Sunshin | Sell | 1.27K | — | — |
| 2026-09-01 | Kim John Sunshin | Sell | 408 | — | — |
| 2026-09-01 | Kim John Sunshin | Sell | 478 | — | — |
| 2026-09-01 | Ayyar Balu Ganesh | Buy | 1.16K | — | — |
| 2026-09-01 | Ayyar Balu Ganesh | Buy | 903 | — | — |
| 2026-09-01 | Ayyar Balu Ganesh | Sell | 1.16K | — | — |
| 2026-09-01 | Ayyar Balu Ganesh | Sell | 903 | — | — |
| 2026-09-01 | Kerdman Alina | Sell | 408 | — | — |
| 2026-09-01 | Kerdman Alina | Buy | 408 | — | — |
| 2026-09-01 | Kerdman Alina | Sell | 206 | $64.58 | 13.30K |
| 2026-09-01 | Kerdman Alina | Buy | 14 | — | — |
| 2026-09-01 | Kerdman Alina | Buy | 199 | — | — |
| 2026-09-01 | Kerdman Alina | Sell | 199 | — | — |
| 2026-09-01 | Kerdman Alina | Sell | 14 | — | — |
| 2026-09-01 | Gummadi Surya | Buy | 1.43K | — | — |
| 2026-09-01 | Gummadi Surya | Buy | 2.31K | — | — |
| 2026-09-01 | Gummadi Surya | Sell | 2.61K | $64.58 | 168.62K |
| 2026-09-01 | Gummadi Surya | Buy | 319 | — | — |
| 2026-09-01 | Gummadi Surya | Buy | 1.17K | — | — |
| 2026-09-01 | Gummadi Surya | Sell | 2.31K | — | — |
| 2026-09-01 | Gummadi Surya | Sell | 1.43K | — | — |
| 2026-09-01 | Gummadi Surya | Sell | 1.17K | — | — |
| 2026-09-01 | Gummadi Surya | Sell | 319 | — | — |
| 2026-08-31 | Kerdman Alina | Sell | 144 | $63.34 | 9.12K |
| 2026-08-25 | ROHLEDER STEPHEN J | Buy | 113 | — | — |
| 2026-08-25 | ROHLEDER STEPHEN J | Buy | 85 | — | — |
| 2026-08-25 | ROHLEDER STEPHEN J | Buy | 27 | — | — |
| 2026-08-25 | Branderiz Eric | Buy | 43 | — | — |
| 2026-08-25 | Branderiz Eric | Buy | 22 | — | — |
| 2026-08-25 | Branderiz Eric | Buy | 15 | — | — |
| 2026-08-25 | WIJNBERG SANDRA S | Buy | 122 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 960, holders -70 vs prior quarter. Ownership 109.27%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 46.18M | 1.85M | +4.16% | 1.79B |
| VANGUARD CAPITAL MANAGEMENT LLC | 30.95M | -127.43K | -0.41% | 1.20B |
| PZENA INVESTMENT MANAGEMENT LLC | 26.53M | 6.27M | +30.93% | 1.03B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 26.15M | -10.12K | -0.04% | 1.01B |
| STATE STREET CORP | 25.30M | 1.14M | +4.71% | 980.05M |
| INVESCO LTD. | 18.14M | 8.10M | +80.71% | 702.49M |
| JPMORGAN CHASE & CO | 14.95M | -5.98M | -28.58% | 579.28M |
| GEODE CAPITAL MANAGEMENT, LLC | 14.85M | 68.52K | +0.46% | 575.45M |
| DODGE & COX | 14.54M | 269.59K | +1.89% | 563.23M |
| FIL LTD | 9.62M | 2.89M | +42.89% | 372.46M |
| CAPITAL RESEARCH GLOBAL INVESTORS | 9.25M | -261.02K | -2.74% | 358.25M |
| MORGAN STANLEY | 8.94M | -4.32M | -32.59% | 346.38M |
| GOLDMAN SACHS GROUP INC | 7.84M | 2.51M | +47.02% | 303.51M |
| FIRST TRUST ADVISORS LP | 7.73M | 1.21M | +18.54% | 299.28M |
| SG AMERICAS SECURITIES, LLC | 7.12M | 7.12M | New | 275.75M |
| BANK OF NEW YORK MELLON CORP | 6.41M | -1.23M | -16.07% | 248.14M |
| DIMENSIONAL FUND ADVISORS LP | 6.21M | -193.13K | -3.02% | 240.59M |
| NORTHERN TRUST CORP | 5.67M | 131.86K | +2.38% | 219.73M |
| AMUNDI | 5.50M | -680.46K | -11.01% | 212.92M |
| NOMURA HOLDINGS INC | 5.49M | -356.58K | -6.10% | 212.44M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5.03M | 2.25M | +80.76% | 194.79M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 4.96M | 2.38M | +92.16% | 192.18M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 4.77M | 351.99K | +7.97% | 184.76M |
| NORGES BANK | 4.59M | 4.59M | New | 177.77M |
| MILLENNIUM MANAGEMENT LLC | 4.39M | 4.39M | New | 169.90M |
Earnings and financials
Cognizant Technology Solutions Corporation (CTSH) trades at $66.63, with a market cap of $30.01B and a trailing P/E of 14.88. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 13487000000 | 14810000000 | 16125000000 | 16783000000 | 16652000000 | 18507000000 | 19428000000 | 19353000000 | 19736000000 | 21108000000 |
Insights · Dividends · Forecast · Financials · Learn