Filing Flows › Cognizant Technology Solutions (CTSH) › Guidance history
Cognizant Technology Solutions (CTSH) guidance history: what it guided and what it reported
Cognizant Technology Solutions gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 11 guided periods since reported, it met or beat its own guidance 11 times (100%). Revenue: 9 of 9, on average +1.0% against the guided midpoint. Its releases raised guidance 6 times and lowered it once.
Revenue
Met or beat 9 of 9 periods (4 above, 5 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $5.5B–$5.6B (Oct 29, 2026) | — | to be reported | — |
| Q3 2026 | $5.6B–$5.7B (Jul 29, 2026) | $5.7B | within the range | +0.4% |
| Q2 2026 | $5.5B–$5.5B (Apr 29, 2026) | $5.5B | within the range | -0.1% |
| Q1 2026 | $5.4B–$5.4B (Feb 4, 2026) | $5.4B | within the range | +0.2% |
| FY2026 | $22.1B–$22.7B (Feb 4, 2026) → reaffirmed $22.1B–$22.6B (Apr 29, 2026) → lowered $22.0B–$22.4B (Jul 29, 2026) → lowered $22.1B–$22.1B (Oct 29, 2026) | — | to be reported | — |
| Q4 2025 | $5.3B–$5.3B (Oct 29, 2025) | $5.3B | within the range | +0.6% |
| FY2025 | $20.3B–$20.8B (Feb 5, 2025) → raised $20.5B–$21.0B (Apr 30, 2025) → raised $20.7B–$21.1B (Jul 30, 2025) | $21.1B | within the range | +1.0% |
| Q3 2025 | $5.3B–$5.3B (Jul 30, 2025) | $5.4B | above the range | +2.0% |
| Q2 2025 | $5.1B–$5.2B (Apr 30, 2025) | $5.2B | above the range | +1.4% |
| Q1 2025 | $5.0B–$5.1B (Feb 5, 2025) | $5.1B | above the range | +1.3% |
GAAP operating margin
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 16.0% (Feb 4, 2026) → lowered 15.6% (Apr 29, 2026) → raised 15.9% (Jul 29, 2026) | — | to be reported | — |
| FY2025 | 14.8% (Feb 5, 2025) → raised 16.7% (Apr 30, 2025) → lowered 15.6% (Jul 30, 2025) → raised 16.0% (Oct 29, 2025) | 16.1% | within the range | +0.1 pts |
| FY2024 | 15.2% (Feb 6, 2024) → lowered 14.6% (May 1, 2024) → reaffirmed 14.6% (Jul 31, 2024) → reaffirmed 14.6% (Oct 30, 2024) | 14.7% | within the range | +0.1 pts |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 15.9%–16.1% (Feb 4, 2026) → raised 16.0%–16.2% (Apr 29, 2026) → reaffirmed 16.0%–16.2% (Jul 29, 2026) → reaffirmed 16.1% (Oct 29, 2026) | — | to be reported | — |
| FY2025 | 15.5%–15.7% (Feb 5, 2025) → reaffirmed 15.5%–15.7% (Apr 30, 2025) → reaffirmed 15.5%–15.7% (Jul 30, 2025) → raised 15.7% (Oct 29, 2025) | — | — | — |
| FY2024 | 15.3%–15.5% (Feb 6, 2024) → reaffirmed 15.3%–15.5% (May 1, 2024) → reaffirmed 15.3%–15.5% (Jul 31, 2024) → lowered 15.1% (Oct 30, 2024) | — | — | — |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.34 (Feb 4, 2026) → raised $1.39 (Apr 29, 2026) → lowered $1.36 (Jul 29, 2026) | — | to be reported | — |
| FY2025 | $1.10 (Feb 5, 2025) → raised $1.34 (Apr 30, 2025) → lowered $1.31 (Jul 30, 2025) → lowered $0.56 (Oct 29, 2025) | — | — | — |
| FY2024 | $1.11 (Feb 6, 2024) → lowered $1.10 (May 1, 2024) → raised $1.14 (Jul 31, 2024) → raised $1.17 (Oct 30, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.00 (Feb 4, 2026) → reaffirmed $3.00 (Apr 29, 2026) → raised $5.70–$5.82 (Jul 29, 2026) → reaffirmed $5.72–$5.79 (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $3.00 (Feb 5, 2025) → reaffirmed $3.00 (Apr 30, 2025) → reaffirmed $3.00 (Jul 30, 2025) → reaffirmed $3.00 (Oct 29, 2025) | — | — | — |
| FY2024 | $2.00 (Feb 6, 2024) → raised $3.00 (May 1, 2024) → reaffirmed $3.00 (Jul 31, 2024) → reaffirmed $3.00 (Oct 30, 2024) | — | — | — |
The latest quarter
Cognizant Technology Solutions, Q3 2026: revenue $5.7B (+5% year over year), operating margin 15.4%, net earnings $627M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
Questions
Does Cognizant Technology Solutions beat its guidance?
Cognizant Technology Solutions gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 11 guided periods since reported, it met or beat its own guidance 11 times (100%). Revenue: 9 of 9, on average +1.0% against the guided midpoint.
How often does Cognizant Technology Solutions raise guidance?
Its earnings releases raised guidance 6 times and lowered it once since Feb 6, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.