Cognizant Technology Solutions Q3 2025 Earnings Release

Cognizant Technology Solutions Corporation reported its financial results for the third quarter of 2025. The company achieved a revenue of $5.42 billion, representing a 7.4% year-over-year increase or 6.5% in constant currency. The operating margin stood at 16.0%, up by 140 basis points year-over-year. GAAP EPS was $0.56, which included a one-time, non-cash income tax expense impact of $0.80. Adjusted EPS was $1.39, reflecting an 11% increase year-over-year. The company also reported trailing 12-month bookings of $27.5 billion, a 5% increase year-over-year. Cognizant returned $1.5 billion to shareholders through share repurchases and dividends year-to-date and is on track to return $2.0 billion in 2025. The company increased its 2025 constant currency revenue growth guidance to 6.0% to 6.3% and adjusted operating margin guidance to approximately 15.7%.