Filing Flows › Cognizant Technology Solutions (CTSH) › Q2 2025
Cognizant Technology Solutions (CTSH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Cognizant Technology Solutions (CTSH) reported revenue of $5.2B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +3% from the quarter before. Operating margin was 15.6%, net earnings $645M (12.3% of revenue).
Cognizant Technology Solutions, Q2 2025: revenue $5.2B (+8% year over year), operating margin 15.6%, net earnings $645M, operating cash flow $398M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +3% | +8% |
| Operating profit | $817M | -4% | +15% |
| Net earnings | $645M | -3% | +14% |
| Operating cash flow | $398M | -0.5% | +52% |
| Free cash flow | $331M | — | +81% |
What changed
Revenue was $5.2B in Q2 2025, up 8% year over year and up 3% from the previous quarter. Healthcare Segment was the largest line at 30% of revenue. Products and Resources added $0.18B year over year (up 16%), 46% of the total change.
Operating profit was $0.82B, a 15.6% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 15% margin then. Total costs grew 7% against revenue growth of 8%. Net earnings were $0.65B, up 14% year over year. The effective tax rate was 23.4%.
Operating cash flow was $0.40B (up 52% year over year), 62% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.43B. After purchases of property and equipment ($0.07B), free cash flow as the company reports it was $0.33B.
Questions
What was Cognizant Technology Solutions' revenue in the second quarter 2025?
Cognizant Technology Solutions (CTSH) reported revenue of $5.2B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +3% from the quarter before.
Was Cognizant Technology Solutions profitable in the second quarter 2025?
Operating profit was $817M (15.6% of revenue) and net earnings $645M.