Earnings ·
Cognizant Technology Solutions Corporation reported second quarter 2026 financial results with revenue of $5.48…
CTSHCognizant Technology Solutions Corp
Cognizant Technology Solutions Corporation reported second quarter 2026 financial results with revenue of $5.48 billion, a 4.5% year-over-year increase. GAAP diluted earnings per share were $1.36, up 3.8%, while adjusted operating margin expanded to 16.0%. The company completed its acquisition of Astreya for $634 million and borrowed $1.0 billion under its revolving credit facility. Cognizant repurchased 22.5 million shares for $1.15 billion in the quarter, leaving $2.3 billion remaining on its authorization. Full-year adjusted diluted EPS guidance was raised to a range of $5.70 to $5.82. In July 2026, the company declared a quarterly cash dividend of $0.33 per share for shareholders of record on August 18, 2026, payable on August 25, 2026. Cognizant is an AI builder and technology services provider.