---
schema_version: "secwatch.filing_event.v1"
accession: "0001058290-24-000013"
form_type: "8-K"
ticker: "CTSH"
cik: "0001058290"
company_name: "COGNIZANT TECHNOLOGY SOLUTIONS CORP"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:41:12.954260+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cognizant FY23 revenue down 0.4% to $19.4B; bookings up 9% to $26.3B; dividend raised 3%

## Summary
- FY23 revenue $19.4B (-0.4% YoY); Q4 revenue $4.758B (-1.7% YoY); within guided range.
- FY23 adjusted operating margin 15.1% (40bps above guidance); Q4 adjusted margin 16.1%.
- FY23 bookings $26.3B (+9% YoY) driven by new clients and large deals.
- Cash dividend increased 3% to $0.30/share for Q1 2024.
- FY24 guidance: constant currency revenue growth (2%) to 2%; adjusted margin 15.3-15.5%.

## SEC filing metadata
- accession: 0001058290-24-000013
- form_type: 8-K
- ticker: CTSH
- cik: 0001058290
- company_name: COGNIZANT TECHNOLOGY SOLUTIONS CORP
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058290/000105829024000013/0001058290-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058290/000105829024000013/ctsh-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058290-24-000013
- JSON: https://secwatch.observer/filing/0001058290-24-000013.json
- Plain text: https://secwatch.observer/filing/0001058290-24-000013.txt

## Key facts
- Earnings Releases
  COGNIZANT TECHNOLOGY SOLUTIONS CORP reported quarter and year ended December 31, 2023 results: revenue $4,758.
  - Period: quarter and year ended December 31, 2023
  - Revenue: $4,758
  - Result: reported results
  source text: their businesses to prepare for the future as they navigate ongoing macro-economic pressures." $ in millions, except per share data Q4 2023 Q4 2022 FY 2023 FY 2022 Revenue $4,758 $4,839 $19,353 $19,428 Y/Y Change (1.7 %) 1.3% (0.4 %) 5.0% Y/Y Change CC 1 (2.4 %) 4.1 % (0.3 %) 7.5 % GAAP Operating Margin 15.2 % 14.2 % 13.9 % 15.3 % Adjusted Operating Margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058290/000105829024000013/0001058290-24-000013-index.htm

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