NASDAQ:CTSH

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Cognizant reported solid first-quarter 2026 results, supported by steady revenue growth and strong deal activity.

Revenue increased 5.8% year-over-year to $5.4 billion (3.9% in constant currency), landing in the upper half of guidance. Bookings were a key highlight, rising 21% in the quarter with seven large deals signed, pushing trailing 12-month bookings up 11% to $29.6 billion.

Profitability showed mixed trends. GAAP operating margin declined 110 basis points to 15.6%, while adjusted operating margin improved slightly by 10 basis points. GAAP EPS rose 3.7% to $1.39, and adjusted EPS increased 13.8% to $1.40, reflecting cost discipline and operational improvements.

Looking ahead, Cognizant maintained its 2026 constant currency revenue growth outlook of 4.0% to 6.5% and raised its adjusted operating margin guidance to 16.0%–16.2%, signaling confidence in margin expansion.

Source: Company press release
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Global Finance News 04-30-26
Cognizant Technology Solutions announced the launch of its Cognizant Innovation Network, a new investment arm focused on supporting early- to mid-stage enterprise software startups.

The initiative aims to accelerate the company’s AI strategy by creating a pipeline that connects startup innovation with large-scale enterprise deployment. Initial investments will target areas such as artificial intelligence, data, cybersecurity, and cloud technologies.

Cognizant said the network will complement its internal AI Lab, helping clients adopt emerging technologies faster and translate AI investments into measurable business value.

Source: Cognizant press release, PRNewswire
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The Investor 04-28-26
Cognizant announced that its AI Lab has been granted three new U.S. patents, bringing its total to 65 U.S. patents and 88 globally. The new patents focus on improving AI decision-making systems, optimizing neural network performance, and enhancing collaboration in distributed machine learning environments.

The innovations aim to make AI systems more adaptive, efficient, and scalable, supporting enterprise adoption as companies move from experimentation to real-world applications. Cognizant said the advancements strengthen its capabilities in delivering AI-driven solutions that improve business outcomes.

Source: PR Newswire
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The Investor 04-24-26
Cognizant has partnered with OpenAI to integrate Codex into its global software engineering operations, aiming to transform enterprise software development with AI-driven capabilities. The company will embed Codex across its engineering workflows, standardizing its use in coding, testing, and system modernization.

The collaboration positions Cognizant among a select group of global partners chosen by OpenAI to scale Codex adoption in complex enterprise environments. The platform will support tasks such as code generation, refactoring, vulnerability detection, and legacy system upgrades, helping accelerate development cycles and improve code quality.

Cognizant said the integration of AI into its engineering processes is designed to reduce costs and risks associated with large-scale modernization projects, while enhancing productivity and governance.

Both companies aim to bring AI-powered software engineering solutions to clients worldwide, enabling faster innovation and more efficient enterprise technology transformation.
PRNewswire
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WS Investor 04-21-26
Cognizant (Nasdaq: CTSH) will announce results for the first quarter of 2026 on Wednesday, April 29, 2026 before market open.
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WS Investor 04-08-26
Cognizant has been appointed as a strategic industry partner by the UK government for its TechFirst programme, aimed at expanding access to careers in the technology sector.

Working with the UK Department for Science, Innovation and Technology, Cognizant will support initiatives designed to build digital skills and talent pipelines, including providing work placements, mentoring, and volunteering opportunities.

Over the next four years, the partnership aims to support more than 4,000 graduates, researchers, and innovators, while reaching up to one million secondary school students across the UK. Cognizant plans to offer 100 student placements and contribute 1,000 volunteering hours to help develop future tech talent.

The collaboration is part of the UK’s broader AI-focused strategy to address skills gaps and strengthen the workforce needed for a rapidly evolving technology landscape.
PRNewswire
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The Investor 04-03-26
Cognizant announced the launch of Cognizant AI Factory, a new enterprise platform designed to help organizations deploy and scale artificial intelligence across hybrid and multi-cloud environments.

The AI Factory is a multi-tenant cloud offering built on infrastructure from Dell Technologies and NVIDIA. It aims to provide a unified environment for managing the entire AI lifecycle, from experimentation and development to deployment and operational management.

A key component of the platform is Cognizant’s proprietary “fractional GPU” technology, which uses NVIDIA’s Multi-Instance GPU architecture to divide GPUs into secure slices. This allows multiple teams or clients to run AI workloads simultaneously while maximizing hardware utilization and maintaining data isolation.

The company said internal testing indicates the platform could reduce total cost of ownership by 50–60% and improve AI processing speeds by up to 30%, helping enterprises move from AI pilot projects to full-scale deployment more quickly. The offering includes sandbox environments for experimentation, pre-built AI development pipelines, governance tools and consumption-based pricing to support scalable enterprise adoption of AI.
PRNewswire
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Global Finance News 03-16-26
Cognizant released new research indicating that “plug-and-play” artificial intelligence solutions are largely ineffective for enterprises, with most organizations preferring customized AI systems developed by specialized IT service providers.

The study, based on a survey of 600 AI decision-makers and interviews with senior executives, found that companies prioritize tailored AI solutions and flexible service models over pricing when choosing an AI partner. Many organizations cited generic off-the-shelf AI tools, limited industry expertise and integration challenges as key reasons for rejecting vendors.

The research also highlights significant gaps between AI ambitions and current capabilities. About 63% of enterprises report moderate to large capability gaps, while major barriers to scaling AI include regulatory compliance concerns, difficulty proving return on investment, talent shortages and insufficient data readiness.

Despite these challenges, companies are increasing investment in AI. Around 84% of organizations maintain formal AI budgets, and 91% expect those budgets to grow over the next two years, with half anticipating double-digit increases.

Cognizant said the findings suggest enterprises are moving away from experimenting with standalone AI tools and instead seeking long-term partners capable of designing, integrating and managing full-scale AI systems across business operations.
PRNewswire
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European Investor 03-10-26
Cognizant Technology Solutions (Nasdaq: CTSH) has been selected by one of the world’s largest commercial vehicle manufacturers to modernize its global workplace services through a multi-year, AI-driven transformation.

The partnership will deploy Cognizant WorkNEXT™, an AI-powered digital workplace platform designed to enhance efficiency, automation and user experience across factories and offices worldwide. The initiative focuses on AI-first operations, zero-touch support and human-centric design to create a more resilient and adaptive work environment.

CEO Ravi Kumar S said the collaboration will embed artificial intelligence and automation at the core of workplace services, helping build a future-ready global workforce environment.

Source: PR Newswire, February 24, 2026.
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The Investor 02-25-26
Cognizant Technology Solutions (NASDAQ: CTSH) has expanded its partnership with Wallenius Wilhelmsen, a global leader in Roll-on/Roll-off (RoRo) shipping and finished vehicle logistics, to provide strategic technology services.

Under the new agreement, Cognizant will support Wallenius Wilhelmsen’s core applications and infrastructure, helping modernize legacy systems, streamline digital operations and introduce practical AI-driven efficiencies. The engagement is aimed at strengthening the logistics company’s development as an integrated global supply chain partner.

Wallenius Wilhelmsen operates around 125 vessels across 15 trade routes, supported by a global inland network, processing centers and marine terminals. The expanded collaboration positions Cognizant as a long-term strategic technology partner supporting the company’s next phase of digital transformation.

PRNewswire
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The Investor 02-17-26