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Cognizant Technology Solutions is a company that provides information technology, consulting, and business process outsourcing services. The company operates through four segments: Financial Services; Healthcare; Products and Resources; as well as Communications, Media and Technology. It offers digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process services. The company also develops, licenses, implements, and supports proprietary and third-party software products and platforms.

TypePublic
Founded1994
HQTeaneck, US
Websitecognizant.com
Employee Ratings3.7
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2019)292,500
Job Openings1,559
Revenue (FY, 2019)$16.8 B(+5%)
Share Price (May 2020)$53 (-1%)

Key People/Management at Cognizant

Brian Humphries

Brian Humphries

Chief Executive Officer
Gaurav Chand

Gaurav Chand

Chief Marketing Officer
Rebecca Schmitt

Rebecca Schmitt

Chief People Officer
Srinivasan Veeraraghavachary

Srinivasan Veeraraghavachary

Chief Operating Officer
Karen McLoughlin

Karen McLoughlin

Chief Financial Officer
Matthew Friedrich

Matthew Friedrich

General Counsel, Chief Corporate Affairs Officer and Secretary
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Cognizant Office Locations

Cognizant has offices in Teaneck, Amarillo, Bentonville, Bloomfield and in 110 other locations
Teaneck, US (HQ)
Frank W Burr Blvd & 500 Glenpointe Centre W
Amarillo, US
7901 Wallace Blvd
Bentonville, US
300 SW 24th St
Bentonville, US
3317 SW I St
Bloomfield, US
204 W Newberry Rd
Boulder, US
1301 Walnut St #200
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Cognizant Financials and Metrics

Cognizant Revenue

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View revenue for all periods
Cognizant's revenue was reported to be $16.78 b in FY, 2019 which is a 4.1% increase from the previous period.
USD

Revenue (Q1, 2020)

4.2b

Net income (Q1, 2020)

367.0m

EBIT (Q1, 2020)

579.0m

Market capitalization (29-May-2020)

28.7b

Closing stock price (29-May-2020)

53.0

Cash (31-Mar-2020)

3.9b

EV

28.2b
Cognizant's current market capitalization is $28.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

14.8b16.1b16.8b

Revenue growth, %

10%9%4%

Cost of goods sold

9.2b9.8b10.6k

Gross profit

5.7b6.3b16.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

3.9b4.0b4.1b4.1b4.1b4.2b4.2b

Cost of goods sold

2.4b2.4b2.5b2.6b2.6b2.7b

Gross profit

1.5b1.6b1.6b1.5b1.5b1.6b

Gross profit Margin, %

39%40%39%37%37%37%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.9b1.2b2.6b

Accounts Receivable

2.9b3.3b3.3b

Current Assets

9.1b8.7b7.6b

PP&E

1.3b1.4b1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.4b901.0m1.3b950.0m1.7b2.3b3.9b

Accounts Receivable

3.1b3.2b3.2b3.4b3.4b3.4b3.2b

Current Assets

9.0b8.3b8.7b7.9b7.2b7.4b8.3b

PP&E

1.3b1.3b1.4b1.3b1.3b1.3b1.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

1.5b2.1b1.8b

Depreciation and Amortization

443.0m498.0m526.0m

Accounts Payable

16.0m(4.0m)8.0m

Cash From Operating Activities

2.4b2.6b2.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

520.0m976.0m1.5b441.0m950.0m1.4b367.0m

Depreciation and Amortization

117.0m240.0m367.0m133.0m266.0m393.0m269.0m

Accounts Payable

86.0m(3.0m)(5.0m)49.0m2.0m21.0m44.0m

Cash From Operating Activities

388.0m1.0b1.9b269.0m844.0m1.6b497.0m
USDY, 2020

EV/EBIT

48.6 x

EV/CFO

56.7 x

Financial Leverage

1.6 x
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Cognizant Operating Metrics

Cognizant's Customers was reported to be 357 in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Customers

271 300 329 357

Active Cities

61 68 73 80 74 79

Countries

32 35 38 38 37 37

Trademarks

624 596
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Cognizant Acquisitions / Subsidiaries

Company NameDateDeal Size
LevMarch 24, 2020
EI TechnologiesFebruary 05, 2020
Code ZeroFebruary 03, 2020
ContinoOctober 16, 2019
Zenith Technologies CompanyJune 19, 2019
MeritsoftMarch 06, 2019
SamlinkJanuary 23, 2019
MustacheDecember 11, 2018
SoftvisionOctober 04, 2018$550 m
Advanced Technology Group IncSeptember 18, 2018
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Cognizant Revenue Breakdown

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Cognizant revenue breakdown by business segment: 14.6% from Communications, Media and Technology, 22.5% from Products and Resources, 28.0% from Healthcare and 35.0% from Financial Services

Cognizant revenue breakdown by geographic segment: 6.3% from Rest of World, 75.8% from North America , 7.8% from United Kingdom and 10.1% from Rest of Europe

Cognizant Online and Social Media Presence

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Cognizant Company Culture

  • Overall Culture

    C+

    66/100

  • CEO Rating

    A

    75/100

  • Compensation

    C

    60/100

  • Diversity

    C+

    66/100

Learn more on Comparably

Cognizant News and Updates

Cognizant COO Srinivasan Veeraraghavachary to step down

Srinivasan Veeraraghavachary, COO at Cognizant is stepping down, joining a slew of senior executives of the company who have quit the company since Brian Humphries took over as CEO last April.

Cognizant Reports First Quarter 2020 Results

Cognizant Technology Solutions Corporation (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its first quarter 2020 financial results.

Cognizant to Acquire Collaborative Solutions

Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Collaborative Solutions, a privately-held global consultancy specializing in Workday enterprise cloud applications for finance and human resources.

Cognizant Q1 revenue set to top expectations, COVID-19 to reduce client demand further in Q2

Cognizant Technology Solutions Corp. said Thursday it expects to report first-quarter revenue of $4.22 billion to $4.23 billion, which is up 2.7% to 2.9% from a year ago above the FactSet consensus of $4.18 billion. The business consultant after a strong first two months of the quarter, the COVID-1…

Cognizant ups salaries by 25% for some India employees amid lockdown

Cognizant Technology Solutions Corp will pay an extra 25% of base pay to some employees in India and the Philippines as a majority of its offshore workforce work from home amid the coronavirus pandemic, taking on extra work, Chief Executive Officer Brian Humphries said.

Cognizant to Acquire Lev to Expand Digital Marketing Expertise

Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Lev, a privately-held, digital marketing consultancy in the U.S. Lev helps businesses simplify and modernize their marketing campaigns using Salesforce Marketing Cloud to provide data-driven insight and personaliz…
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Cognizant Blogs

Software Engineering Takes on New Meaning in the COVID-19 Pandemic

The pandemic has spurred businesses to develop customer-focused software, resulting in needed changes to software engineering approaches and cultures.

A Leader's Story of Belonging

When it comes to creating a culture of belonging, we need to be the change we seek by ensuring everyone has the opportunity to add value.

Why You Need to Industrialize Your Cloud Migration Efforts

To overcome unforeseen cloud migration complexities, we recommend the following best practices to move forward with agility and process rigor.

Four Lessons Learned on Using Agile Analytics to Thrive in Crisis

Agile analytics is key to adjusting to fast-changing customer realities, now and after the pandemic subsides. Here's what we've learned from our experience.

A Proactive Approach to Optimizing Cloud Spend

As organizations increasingly rely on the cloud, they need to continuously monitor their cloud spend in order to reap all the benefits of this platform.
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Cognizant Frequently Asked Questions

  • When was Cognizant founded?

    Cognizant was founded in 1994.

  • Who are Cognizant key executives?

    Cognizant's key executives are Brian Humphries, Gaurav Chand and Rebecca Schmitt.

  • How many employees does Cognizant have?

    Cognizant has 292,500 employees.

  • What is Cognizant revenue?

    Latest Cognizant annual revenue is $16.8 b.

  • What is Cognizant revenue per employee?

    Latest Cognizant revenue per employee is $57.4 k.

  • Who are Cognizant competitors?

    Competitors of Cognizant include HCL Technologies, Infosys BPM and Tata Consultancy Services.

  • Where is Cognizant headquarters?

    Cognizant headquarters is located at Frank W Burr Blvd & 500 Glenpointe Centre W, Teaneck.

  • Where are Cognizant offices?

    Cognizant has offices in Teaneck, Amarillo, Bentonville, Bloomfield and in 110 other locations.

  • How many offices does Cognizant have?

    Cognizant has 165 offices.