---
schema_version: "secwatch.filing_event.v1"
accession: "0001058290-23-000132"
form_type: "8-K"
ticker: "CTSH"
cik: "0001058290"
company_name: "COGNIZANT TECHNOLOGY SOLUTIONS CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:06:09.066240+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cognizant Q1 revenue $4.8B flat YoY; record bookings $25.6B (+28%)

## Summary
- Revenue $4.8B, -0.3% reported, +1.5% constant currency YoY.
- Record trailing 12-month bookings of $25.6B; Q1 bookings +28% YoY.
- GAAP diluted EPS $1.14; adjusted diluted EPS $1.11.
- 2023 revenue guidance: -1.2% to 0.8% reported (-1.0% to 1.0% CC).
- Plans to return ~$1.4B to shareholders in 2023, incl ~$800M buybacks.

## SEC filing metadata
- accession: 0001058290-23-000132
- form_type: 8-K
- ticker: CTSH
- cik: 0001058290
- company_name: COGNIZANT TECHNOLOGY SOLUTIONS CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058290/000105829023000132/0001058290-23-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058290/000105829023000132/ctsh-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058290-23-000132
- JSON: https://secwatch.observer/filing/0001058290-23-000132.json
- Plain text: https://secwatch.observer/filing/0001058290-23-000132.txt

## Key facts
- Earnings Releases
  COGNIZANT TECHNOLOGY SOLUTIONS CORP reported first quarter 2023 results: revenue $4.8 billion, EPS $1.14. Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $4.8 billion
  - EPS: $1.14
  - Guidance: reaffirmed
  - Result: reported results
  source text: COGNIZANT REPORTS FIRST QUARTER 2023 RESULTS • Revenue of $4.8 billion declined 0.3% year-over-year, or grew 1.5% in constant currency 1 • Record trailing 12-month bookings of $25.6 billion; Q1 bookings growth of 28% year-over-year • Operating cash flow of $729 million and free cash flow 1 of $631 million • Expect to return $1.4 billion to shareholders through share repurchases and dividends in 2023 • 2023 revenue growth guidance of (1.2%) to 0.8%, or (1.0%) to 1.0% in constant currency
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058290/000105829023000132/0001058290-23-000132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.