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How Cognizant Technology Solutions (CTSH) makes money

Cognizant Technology Solutions (CTSH) made $5.7B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Financial Services brought in $1.8B (31%); Healthcare Segment brought in $1.6B (28%); Products and Resources brought in $1.4B (24%). Of every dollar of revenue, 15¢ was left as operating profit, 11¢ was left as net earnings.

Drawing the Sankey…

Cognizant Technology Solutions revenue by segment, Q3 2026Cognizant Technology Solutions revenue by segment, Q3 2026Financial Services$1.8BHealthcare Segment$1.6BProducts and Resources$1.4BCommunications, Media and Technol…$939M
Cognizant Technology Solutions: revenue by line, Q1 2026 to Q3 2026Cognizant Technology Solutions: revenue by line, Q1 2026 to Q3 2026Financial ServicesHealthcare SegmentProducts and ResourcesCommunications, Media…Financial Services: $1.8B latest$1.8BHealthcare Segment: $1.6B latest$1.6BProducts and Resources: $1.4B latest$1.4BCommunications, Media and Technology: $939M latest$939MQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Cognizant Technology Solutions revenue by quarterCognizant Technology Solutions revenue by quarter$5.1BQ1 2025$5.2BQ2 2025$5.4BQ3 2025$5.3BQ4 2025$5.4BQ1 2026$5.5BQ2 2026$5.7BQ3 2026
Cognizant Technology Solutions: where each dollar of revenue goesCognizant Technology Solutions: where each dollar of revenue goesOperating profit15¢Income tax4¢Net earnings11¢Operating cash flow18¢Free cash flow16¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Financial Services$1.8B31.2%+2%+12%
Healthcare Segment$1.6B28.0%+1%-1%
Products and Resources$1.4B24.2%+4%-0.9%
Communications, Media and Technology$939M16.6%+10%+10%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$5.7B100.0%
Operating profit$872M15.4%
Income tax$237M4.2%
Net earnings$627M11.1%
Operating cash flow$1.0B17.7%
Free cash flow$925M16.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$5.7B+5%
Q2 2026$5.5B+4%
Q1 2026$5.4B+6%
Q4 2025$5.3B+5%
Q3 2025$5.4B+7%
Q2 2025$5.2B+8%
Q1 2025$5.1B+8%

From Cognizant Technology Solutions' 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Cognizant Technology Solutions make money?

Cognizant Technology Solutions (CTSH) made $5.7B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Financial Services brought in $1.8B (31%); Healthcare Segment brought in $1.6B (28%); Products and Resources brought in $1.4B (24%). Of every dollar of revenue, 15¢ was left as operating profit, 11¢ was left as net earnings.

What is Cognizant Technology Solutions' biggest business?

Financial Services: $1.8B in the third quarter 2026, 31% of revenue, +12% from a year earlier.

What is Cognizant Technology Solutions' profit margin?

Net earnings were $627M, 11.1% of revenue, in the third quarter 2026; the operating margin was 15.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.