Cognizant Reports Strong Q4 and FY25 Results, Guides 4-6.5% Revenue Growth for 2026

Cognizant Technology Solutions reported Q4 revenue of $5.3 billion, a 3.8% YoY increase in constant currency, and full-year revenue of $21.1 billion, a 6.4% constant-currency growth. The company also reported a record Q4 TCV, 12 deals ≥ $100M, and 28 large deals in FY25 with TCV up nearly 50%. Cognizant guided 2026 revenue growth of 4%-6.5% CC, adjusted operating margin of 15.9%-16.1%, EPS of $5.56-$5.70, and about $1.6 billion in shareholder returns.