Cognizant reported second-quarter 2026 revenue of $5.5 billion, a 4.5% increase year-over-year, and raised its full-year adjusted diluted EPS guidance to a range of $5.70 to $5.82. The company's Financial Services segment grew 12% year-over-year, while adjusted operating margin expanded 40 basis points to 16.0%. Cognizant repurchased 22.5 million shares for $1,153 million during the quarter under its share repurchase program, part of $1.6 billion deployed on buybacks in the first half of 2026. Full-year constant currency revenue growth guidance was revised to 4.0% to 5.5%, and the adjusted operating margin outlook was maintained at 16.0% to 16.2%. Trailing 12-month bookings rose 5% to $29.1 billion, representing a book-to-bill of approximately 1.3x.
Cognizant Technology Solutions Corp Class ACognizant reported 4.5% revenue growth, raised EPS guidance, expanded margins, and deployed $1.6B in buybacks.
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