Filing Flows › Cognizant Technology Solutions (CTSH) › Q2 2026
Cognizant Technology Solutions (CTSH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Cognizant Technology Solutions (CTSH) reported revenue of $5.5B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +1% from the quarter before. Operating margin was 15.9%, net earnings $636M (11.6% of revenue).
Cognizant Technology Solutions, Q2 2026: revenue $5.5B (+4% year over year), operating margin 15.9%, net earnings $636M, operating cash flow $558M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | +1% | +4% |
| Operating profit | $874M | +4% | +7% |
| Net earnings | $636M | -4% | -1% |
| Operating cash flow | $558M | +104% | +40% |
| Free cash flow | $459M | — | +39% |
What changed
Revenue was $5.5B in Q2 2026, up 4% year over year and up 1% from the previous quarter. Financial Services was the largest line at 32% of revenue. Financial Services added $0.19B year over year (up 12%), 79% of the total change.
Operating profit was $0.87B, a 15.9% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 24% reached operating profit, above the 16% margin then. Total costs grew 4% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+63%). Net earnings were $0.64B, down 1% year over year. The effective tax rate was 26.6%.
Operating cash flow was $0.56B (up 40% year over year), 88% 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 $0.27B. After purchases of property and equipment ($0.10B), free cash flow as the company reports it was $0.46B.
Questions
What was Cognizant Technology Solutions' revenue in the second quarter 2026?
Cognizant Technology Solutions (CTSH) reported revenue of $5.5B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +1% from the quarter before.
Was Cognizant Technology Solutions profitable in the second quarter 2026?
Operating profit was $874M (15.9% of revenue) and net earnings $636M.