Cognizant Q2 Revenue Reaches $5.5B, Full-Year EPS Guidance Lifted to $5.70–$5.82
CTSH sits 25% above its 52-week low of $37.08.
Summary
Cognizant posted Q2 2026 revenue of $5.5 billion, up 4.5% YoY, and raised its full-year adjusted EPS guidance to $5.70–$5.82. Financial Services led with 12% growth, and the company deployed $1.1 billion on share repurchases.
Key Events · Earnings and Guidance · CTSH
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Q2 Revenue Beats High End
Revenue of $5.5 billion grew 4.5% YoY (4.1% CC), landing at the high end of expectations, with Financial Services surging 12%.
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Full-Year EPS Guidance Raised
Adjusted EPS guidance was increased to $5.70–$5.82, implying 8–10% YoY growth and reflecting confidence in margin expansion and AI demand.
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$1.1B in Share Repurchases
In Q2, 22.5 million shares were bought back for $1.15 billion, including $653 million in open market purchases, leaving $2.3 billion remaining under authorization.
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Bookings Decline 6% YoY
Quarterly bookings fell 6% YoY, though trailing 12-month bookings rose 5% to $29.1 billion, representing a 1.3x book-to-bill.
Analysis · CTSH · Technology
A solid Q2 saw revenue land at the high end of expectations, with Financial Services notching a second consecutive quarter of double-digit growth. Confidence in margin expansion and AI-driven demand prompted management to raise the full-year adjusted EPS outlook to $5.70–$5.82. The $1.1 billion deployed on buybacks underscores a commitment to returning capital, even as investments in AI capabilities and acquisitions like Astreya continue. While the results and guidance lift provide a positive catalyst, the 6% decline in quarterly bookings warrants monitoring.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CTSH was trading at $46.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $23.8B. The 52-week trading range was $37.08 to $87.03. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.