Cognizant Reports Second Quarter 2026 Results
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12% year-over-year revenue growth in Financial Services; $1.1 billion deployed on share repurchases TEANECK, N.J., July 29, 2026 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI builder and technology services provider, today announced its second quarter 2026 financial results. "Our organic revenue growth momentum continued in the second quarter and was at the high end of our expectations," said Ravi Kumar S, Chief Executive Officer. "We are helping our clients close the AI velocity gap by pairing deep industry expertise with engineering, infrastructure and data modernization capabilities while safeguarding their data and IP. We are doing this by scaling our Frontier workforce and reskilling for the future. We are confident our strategy is resonating with clients, as reflected in a second consecutive quarter of double-digit year-over-year growth in Financial Services, our largest and most mature segment. As organizations shift from AI experimentation to enterprise-scale execution, we believe the market opportunity ahead is larger than ever, and we're positioning Cognizant to lead in this next era." $ in millions, except per share data Q2 2026 Q2 2025 Revenue $5,481 $5,245 Y/Y Change 4.5 % 8.1 % Y/Y Change CC1 4.1 % 7.2 % GAAP Operating Margin 15.9 % 15.6 % Adjusted Operating Margin 1 16.0 % 15.6 % GAAP Diluted EPS $1.36 $1.31 Adjusted Diluted EPS 1 $1.37 $1.31 See...
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