StockWatch
·
EDP Services
Quarterly ResultJul 29, 2026, 06:36 AM

Cognizant Q2 Revenue $5.5B, EPS $1.37; FY26 EPS Guidance Raised

AI Summary

Cognizant reported strong second-quarter 2026 financial results, with revenue reaching $5.5 billion, a 4.5% year-over-year increase, and adjusted diluted EPS of $1.37, up 4.6%. The company saw continued momentum in Financial Services with 12% year-over-year revenue growth. Cognizant also raised its full-year 2026 adjusted diluted EPS guidance to $5.70-$5.82 and completed the acquisition of Astreya for $634 million, while deploying $1.15 billion on share repurchases.

Key Highlights

  • Q2 2026 Revenue: $5.5 billion, up 4.5% year-over-year (4.1% CC).
  • Q2 2026 Adjusted Diluted EPS: $1.37, up 4.6% year-over-year.
  • Financial Services revenue grew 12% year-over-year (11.7% CC).
  • Full-year 2026 Adjusted Diluted EPS guidance raised to $5.70-$5.82.
  • Deployed $1.15 billion on share repurchases in Q2 2026.
  • Completed acquisition of Astreya for $634 million.
  • Trailing 12-month bookings increased 5% year-over-year to $29.1 billion.
  • Declared quarterly cash dividend of $0.33 per share.