OverviewSuggest Edit

Cognizant Technology Solutions is a company that provides information technology, consulting, and business process outsourcing services. It operates through four segments: Financial Services; Healthcare; Products and Resources; as well as Communications, Media, and Technology. Cognizant 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, NJ, US
Websitecognizant.com
Employee Ratings3.7
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)289,500(-1%)
Job Openings3
Revenue (FY, 2020)$16.7 B
Share Price (Feb 2021)$73.5
Cybersecurity ratingAMore

Key People/Management at Cognizant

Brian Humphries

Brian Humphries

Chief Executive Officer
Matthew Friedrich

Matthew Friedrich

General Counsel, Chief Corporate Affairs Officer and Secretary
Gaurav Chand

Gaurav Chand

Chief Marketing Officer
Rebecca Schmitt

Rebecca Schmitt

Chief People Officer
Lawrence Wieser

Lawrence Wieser

Chief Administrative Officer
Jan Siegmund

Jan Siegmund

Chief Financial Officer
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Cognizant Office Locations

Cognizant has offices in Teaneck, Boulder, Bridgewater Township, Duluth and in 72 other locations
Teaneck, NJ, US (HQ)
500 Frank W Burr Blvd
Boulder, CO, US
1301 Walnut St #200
Bridgewater Township, NJ, US
200 Somerset Corporate Blvd #8001
Duluth, GA, US
11695 Johns Creek Pkwy #300
Englewood, CO, US
9655 Maroon Cir
Marietta, GA, US
4901 Olde Towne Pkwy Suite 100 - 301
Show all (109)

Cognizant Financials and Metrics

Cognizant Revenue

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Cognizant's revenue was reported to be $16.65 b in FY, 2020 which is a 0.8% decrease from the previous period.
USD

Revenue (FY, 2020)

16.7b

Revenue growth (FY, 2019 - FY, 2020), %

(0.8%)

Gross profit (FY, 2020)

6.0b

Gross profit margin (FY, 2020), %

35.9%

Net income (FY, 2020)

1.4b

EBIT (FY, 2020)

2.1b

Market capitalization (26-Feb-2021)

39.0b

Closing stock price (26-Feb-2021)

73.5

Cash (31-Dec-2020)

2.7b

EV

38.1b
Cognizant's current market capitalization is $39 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

16.1b16.8b16.7b

Revenue growth, %

9%4%(1%)

Cost of goods sold

9.8b10.6b10.7b

Gross profit

6.3b6.1b6.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

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

Cost of goods sold

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

Gross profit

1.5b1.6b1.6b1.5b1.5b1.6b1.5b1.4b1.6b

Gross profit Margin, %

39%40%39%37%37%37%35%35%38%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.2b2.6b2.7b

Accounts Receivable

3.3b3.3b3.1b

Current Assets

8.7b7.6b6.9b

PP&E

1.4b1.3b1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.4b901.0m1.3b950.0m1.7b2.3b3.9b4.4b4.4b

Accounts Receivable

3.1b3.2b3.2b3.4b3.4b3.4b3.2b3.2b3.1b

Current Assets

9.0b8.3b8.7b7.9b7.2b7.4b8.3b8.5b8.6b

PP&E

1.3b1.3b1.4b1.3b1.3b1.3b1.3b1.3b1.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.1b1.8b1.4b

Depreciation and Amortization

498.0m526.0m559.0m

Accounts Payable

(4.0m)8.0m109.0m

Cash From Operating Activities

2.6b2.5b3.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

520.0m976.0m1.5b441.0m950.0m1.4b367.0m728.0m1.1b

Depreciation and Amortization

117.0m240.0m367.0m133.0m266.0m393.0m269.0m273.0m411.0m

Accounts Payable

86.0m(3.0m)(5.0m)49.0m2.0m21.0m44.0m103.0m83.0m

Cash From Operating Activities

388.0m1.0b1.9b269.0m844.0m1.6b497.0m1.5b2.4b
USDQ1, 2018

EV/EBIT

67.3 x

EV/CFO

120.3 x

Revenue/Employee

15.0k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x

P/E Ratio

91.5
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Cognizant Operating Metrics

Cognizant's Customers was reported to be 357 in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Customers

271 300 329 357

Active Cities

61 68 73 80 74 79 85

Countries

32 35 38 38 37 37 35

Trademarks

624 596
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Cognizant Acquisitions / Subsidiaries

Company NameDateDeal Size
Bright WolfOctober 22, 2020
10th MagnitudeSeptember 01, 2020
Tin Roof SoftwareAugust 25, 2020
New SignatureJuly 29, 2020
LevMarch 24, 2020
EI TechnologiesFebruary 05, 2020
Code ZeroFebruary 03, 2020
ContinoOctober 16, 2019
Zenith Technologies CompanyJune 19, 2019
MeritsoftMarch 06, 2019
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Cognizant Revenue Breakdown

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Cognizant revenue breakdown by business segment: 14.9% from Communications, Media and Technology, 22.2% from Products and Resources, 29.1% from Healthcare and 33.8% from Financial Services

Cognizant revenue breakdown by geographic segment: 6.5% from Rest of World, 75.6% from North America , 8.0% from United Kingdom and 9.9% from Rest of Europe

Cognizant Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

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

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Cognizant News and Updates

Cognizant Commits $250 Million to Global Corporate Social Responsibility Initiatives

Cognizant (Nasdaq: CTSH) today announced a new five-year $250 million effort to advance economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities around the world

Cognizant Partners With Presidents Cup And Founders Cup

On the heels of Cognizant CTSH +0.4%being named Aston Martin’s title partner for the luxury British marque’s return to Grand Prix racing after a six-decade absence from the Formula 1 grid, the IT consulting giant continues to rev up their sports marketing initiatives. The Teaneck, New Jersey based F…

Cognizant attrition rate up, 1.2 lakh employees have left in last 2 years

Cognizant's annualized attrition rate in the December quarter was 19%, one of the highest among the large IT companies.

Cognizant sees first-ever drop in net profit

For the first time in its history, tech titan Cognizant Technology Solutions saw its profits contract both, on a quarterly and annual basis by 2.3% and 0.8%, respectively.

Cognizant to Present at the Goldman Sachs Technology and Internet Conference 2021

TEANECK, N.J., Feb. 4, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the following investor conference: Goldman Sachs Technology and Internet Conference 2021...

Cognizant Reports Fourth Quarter And Full Year 2020 Results

Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its fourth quarter and full year 2020 financial results
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Cognizant Blogs

Cognizant Commits $250 Million to Global Corporate Social Responsibility Initiatives

New philanthropic funding and in-kind contributions globally will help build stronger, healthier, more inclusive communities worldwide

Making Retirement Savings ‘Cool’ for Millennials

For retirement services providers, getting millennials interested in saving will require digitally-driven engagement, education and experiences.

Delivering a Consumer-Grade Experience in Healthcare

Delivering a consumer-grade experience is now the gold standard in healthcare, as it's essential to reducing costs and improving health outcomes.

It’s Time for a New Retirement Services Experience

COVID has highlighted the need for a more streamlined retirement services experience, using modern technologies to boost efficiency while reducing costs.

Overcoming the Top Four Challenges of Enterprise-Scale Machine Learning

A cloud-based ‘lakehouse’ can provide a scalable, cost-effective platform for both machine learning and data analytics workloads.

Breaking Barriers: How Mentors Can Make a Difference

Beyond offering career guidance, mentors can also nurture inclusion and open the door for diverse voices to be heard in the business.
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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, Matthew Friedrich and Gaurav Chand.

  • How many employees does Cognizant have?

    Cognizant has 289,500 employees.

  • What is Cognizant revenue?

    Latest Cognizant annual revenue is $16.7 b.

  • What is Cognizant revenue per employee?

    Latest Cognizant revenue per employee is $57.5 k.

  • Who are Cognizant competitors?

    Competitors of Cognizant include NTT Data, DXC Technology and EPAM Systems.

  • Where is Cognizant headquarters?

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

  • Where are Cognizant offices?

    Cognizant has offices in Teaneck, Boulder, Bridgewater Township, Duluth and in 72 other locations.

  • How many offices does Cognizant have?

    Cognizant has 109 offices.